KLXE, US48253L2051

KLX sets USD 180.00-185.00 million revenue guide: KLX Energy Services stock falls 4.33 percent

Published on 10/20/2026 at 18:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter guidance is USD 180.00-185.00 million. KLX Energy Services stock costs EUR 1.08 on October 20, 2026, down 4.33 percent on Nasdaq.

KLX guidance and trading move

KLX updated third-quarter revenue guidance to USD 180.00-185.00 million on September 25, 2026.
The midpoint implies 9.00 percent sequential revenue growth, while adjusted EBITDA margin guidance is 13.00-14.00 percent.
KLX Energy Services stock costs EUR 1.08 at Lang & Schwarz on October 20, 2026 at 6:42 p.m. CEST; Nasdaq was down 4.33 percent from its October 19 close.
KLX intends to provide its next operational and financial update in November 2026.

KLXE, US48253L2051, Illustration mit AI erstellt.

KLX Energy Services updated its third-quarter 2026 revenue guidance to USD 180.00-185.00 million on September 25, 2026, while setting adjusted EBITDA margin guidance at 13.00-14.00 percent, according to PR Newswire. At the revised midpoint, management expected revenue to increase 9.00 percent sequentially from the second quarter. At Lang & Schwarz, KLX Energy Services was trading at EUR 1.08 on October 20, 2026 at 6:42 p.m. CEST; Nasdaq was down 4.33 percent from its October 19, 2026 close.

Guidance points to a stronger quarter

The revenue range compares with USD 167.30 million of second-quarter 2026 revenue. The midpoint of the new range is USD 182.50 million, which is USD 15.20 million above that reported second-quarter figure. The company also expected adjusted EBITDA to improve 30.00 percent at the midpoint, while the margin range was set at 13.00-14.00 percent.

The guidance is an estimate for the quarter ended September 30, 2026, rather than completed financial results. KLX said its full-quarter contribution from the Wolf Pack acquisition supported the outlook and that its USD 2.50 million annual synergy target remained on track, according to PR Newswire.

Nasdaq trading stays under pressure

The Nasdaq quote was USD 1.22 at 12:49 p.m. ET on October 20, 2026, down 4.33 percent from the prior close of USD 1.27. The same quote showed a session range of USD 1.21-1.29 and a 52-week range of USD 1.21-4.50. The current price therefore sat USD 0.01 above the yearly low and USD 3.28 below the yearly high.

Business scale and next update

KLX Energy Services provides drilling, completion, production and well intervention services to onshore oil and gas producers in the United States. Its operations span the Southwest, Rocky Mountains and Northeast or Mid-Continent regions, supported by more than 60 service and support facilities, according to the company's investor-relations page.

KLX intends to provide a detailed operational and financial update during its third-quarter earnings call in November 2026. The company completed a USD 37.20 million rights offering in September, adding a capital-structure factor to the upcoming results discussion.

Trading snapshot

For investors, the key comparison is between the USD 180.00-185.00 million revenue outlook and the USD 167.30 million second-quarter result. The November update will show whether the expected 9.00 percent sequential improvement translated into reported revenue.

KLX Energy Services was trading at EUR 1.08 at Lang & Schwarz on October 20, 2026 at 6:42 p.m. CEST, while Nasdaq was down 4.33 percent from its October 19, 2026 close.

The further course of trading is shown by the continuously updated real-time quote of KLX Energy Services stock.