KLX Energy files Wolf Pack pro forma: 9M revenue $514.6M, net loss widens to $55.7M on $6.7M bargain-gain reversal

KLX Energy Services Holdings, Inc.

Wolf Pack Rentals asset deal closed June 2, 2026 for $16.7M: $14.1M cash at close plus two $1.5M deferred payments at 180 and 360 days, payable in cash or KLXE stock.
Pro forma 9M 2026 revenue $514.6M vs KLX standalone $497.6M; pro forma operating loss $13.5M vs $8.1M standalone.
Pro forma net loss $55.7M ($2.67/share) vs KLX standalone $47.9M ($2.29), driven largely by eliminating the $6.7M bargain purchase gain.
Preliminary purchase allocation: $22.7M property and equipment, $7.9M receivables, $6.7M bargain purchase gain; final valuation expected by Q2 2027.
KLX standalone 9M 2026 included a $3.5M gain on debt extinguishment and $37.6M interest expense; pro forma interest expense $37.9M.

This headline and bullets were generated automatically by deepseek-v4.1-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.