KLX Energy Services Announces Amendment and Extension of Its ABL Credit Facility, Including Additional Borrowing Capacity
| KLXE Stock | USD 4.12 0.19 4.83% |
About 55% of KLX Energy's shareholders are presently thinking to get in. The analysis of overall sentiment of trading KLX Energy Services stock suggests that some investors are interested at this time. The current market sentiment, together with KLX Energy's historical and current headlines, can help investors time the market. In addition, many technical investors use KLX Energy Services stock news signals to limit their universe of possible portfolio assets.
KLX |
KLX Energy Services Holdings, Inc. today announced that it has entered into a Fourth Amendment to the Credit Agreement governing the Companys asset-based lending facility , led by JPMorgan Chase Bank, N.A. , which amends KLXs existing Credit Agreement, dated as of August 10, 2018 .
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KLX Energy Fundamental Analysis
We analyze KLX Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of KLX Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of KLX Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Gross Profit
Gross Profit Comparative Analysis
KLX Energy is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
KLX Energy Services Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with KLX Energy stock to make a market-neutral strategy. Peer analysis of KLX Energy could also be used in its relative valuation, which is a method of valuing KLX Energy by comparing valuation metrics with similar companies.
Peers
KLX Energy Related Equities
| RES | RPC | 1.16 | ||||
| CHX | ChampionX | 1.00 | ||||
| FTK | Flotek Industries | 0.81 | ||||
| FTI | TechnipFMC PLC | 0.90 | ||||
| MRC | MRC Global | 1.05 | ||||
| OIS | Oil States | 2.07 | ||||
| OII | Oceaneering International | 2.49 | ||||
| PUMP | ProPetro Holding | 2.83 | ||||
| LBRT | Liberty Oilfield | 3.37 | ||||
| RNGR | Ranger Energy | 5.46 |
Complementary Tools for KLX Stock analysis
When running KLX Energy's price analysis, check to measure KLX Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KLX Energy is operating at the current time. Most of KLX Energy's value examination focuses on studying past and present price action to predict the probability of KLX Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KLX Energy's price. Additionally, you may evaluate how the addition of KLX Energy to your portfolios can decrease your overall portfolio volatility.
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