---
schema_version: "secwatch.filing_event.v1"
accession: "0001738827-24-000059"
form_type: "8-K"
ticker: "KLXE"
cik: "0001738827"
company_name: "KLX Energy Services Holdings, Inc."
filed_at: "2024-07-16T23:59:59+00:00"
generated_at: "2026-05-31T20:31:32.398217+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# KLX Energy preliminary Q2: Rev up 3% seq, Adj EBITDA up 100-125%, net loss narrows

## Summary
- Estimated revenue $178-182M, up ~3% sequentially despite 7% US rig count decline.
- Estimated Adjusted EBITDA $24-27M (14-15% margin), improved 100-125% sequentially.
- Estimated net loss $7-11M, narrowing from prior quarter.
- Enacted ~$16M annualized cost reductions in Q2 from operational streamlining.
- Cash from operations $18-22M; levered FCF $5-11M; cash $87M (+$2M seq).

## SEC filing metadata
- accession: 0001738827-24-000059
- form_type: 8-K
- ticker: KLXE
- cik: 0001738827
- company_name: KLX Energy Services Holdings, Inc.
- filed_at: 2024-07-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1738827/000173882724000059/0001738827-24-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1738827/000173882724000059/klxe-20240716.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001738827-24-000059
- JSON: https://secwatch.observer/filing/0001738827-24-000059.json
- Plain text: https://secwatch.observer/filing/0001738827-24-000059.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.