KLX ENERGY SERVICES ANNOUNCES 2023 THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE
KLXE Stock | USD 5.25 0.54 11.46% |
About 56% of all KLX Energy's shareholders are looking to take a long position. 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. announced today that it will report its 2023 third quarter financial results prior to the Companys live conference call, which can be accessed via dial-in or webcast, on Tuesday, November 7, 2023 at 1100 a.m. Eastern Time .
Read at finance.yahoo.com
KLX Energy Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards KLX Energy can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
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.
Current Asset
Current Asset Comparative Analysis
KLX Energy is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
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
OIS | Oil States | 5.45 | ||||
PUMP | ProPetro Holding | 1.50 | ||||
LBRT | Liberty Oilfield | 1.45 | ||||
OII | Oceaneering International | 0.99 | ||||
MRC | MRC Global | 0.61 | ||||
RES | RPC | 0.51 | ||||
FTK | Flotek Industries | 0.00 | ||||
CHX | ChampionX | 0.18 | ||||
RNGR | Ranger Energy | 0.60 | ||||
FTI | TechnipFMC PLC | 3.02 |
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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