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In a recent transaction reported on May 13, 2025, Thomas P. McCaffrey, a director at KLX Energy Services Holdings, Inc. (NASDAQ:KLXE), sold 50,045 shares of the company’s common stock. The company, with a market capitalization of $38.8 million, has seen its stock decline by 61% over the past year. According to InvestingPro analysis, KLXE currently trades below its Fair Value. The shares were sold at a price of $1.95 each, amounting to a total transaction value of $97,587. Following this sale, McCaffrey holds 143,441 shares directly. Additionally, an indirect holding by a family trust accounts for 602 shares. InvestingPro subscribers have access to 11 additional key insights about KLXE, including detailed analysis of its financial health and comprehensive valuation metrics through the Pro Research Report.
In other recent news, KLX Energy Services Holdings Inc. reported disappointing financial results for the first quarter of 2025. The company posted an earnings per share (EPS) of -$1.27, missing the forecasted -$0.67 by a significant margin. Additionally, revenue came in at $154 million, falling short of the anticipated $182 million and reflecting a 12% year-over-year decline. KLX Energy is focusing on financial flexibility amid market volatility, as indicated by a reduction in SG&A expenses by 12% year-over-year. Despite the revenue drop, the company improved its adjusted EBITDA margin from 7% to 9%, signaling some operational improvements. The company is exploring merger and acquisition opportunities as part of its strategic initiatives. Analysts have expressed concerns about market uncertainty and potential project delays, which were discussed during the company’s earnings call. KLX Energy’s management remains optimistic about capturing market share amid industry consolidation, supported by strong customer relationships and diversified service offerings.
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