KLX Energy Services Announces 2024 Second Quarter Earnings Release and Conference Call Schedule

KLXE Stock  USD 4.52  0.19  4.03%   
About 66% of KLX Energy's investor base is looking to short. The analysis of overall sentiment of trading KLX Energy Services stock suggests that many investors are alarmed 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 Energy Services Holdings, Inc. announced today that it will report its 2024 second quarter financial results prior to the Companys live conference call, which can be accessed via dial-in or webcast, on Thursday, August 8, 2024 at 1000 a.m. Eastern Time .

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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.

Book Value Per Share

Book Value Per Share Comparative Analysis

KLX Energy is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

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

LBRTLiberty Oilfield   1.00   
0%
17.0%
PUMPProPetro Holding   0.34   
0%
6.0%
FTKFlotek Industries   0.40   
7.0%
0%
MRCMRC Global   0.94   
16.0%
0%
FTITechnipFMC PLC   1.18   
20.0%
0%
OIIOceaneering International   3.16   
55.0%
0%
RNGRRanger Energy   4.35   
76.0%
0%
RESRPC   4.72   
83.0%
0%
CHXChampionX   5.48   
96.0%
0%
OISOil States   5.66   
100.0%
0%

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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