Overview

* KLX Energy Q2 revenue rises 3% qtr/qtr, missing analyst expectations

* Adjusted EBITDA for Q2 misses analyst estimates

* Company anticipates stronger performance in Q3

Outlook

* KLX expects Q3 2025 to be the strongest quarter of the year

* Company targets Q3 revenue increase in low to mid-single digits

Result Drivers

* SEASONAL ACTIVITY - Revenue increase attributed to seasonal market activity

* COMPLETIONS AND PRODUCTION - Significant strength and improvement in completions and production portfolios

* ROCKY MOUNTAINS UTILIZATION - Higher utilization in Rocky Mountains segment drove revenue growth

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $159 mln $163.50

Revenue mln (1

Analyst)

Q2 Miss -$17 mln -$2.10

Adjusted mln (1

Net Analyst)

Income

Q2 Net -$19.90

Income mln

Q2 Miss $18.50 $21.80

Adjusted mln mln (1

EBITDA Analyst)

Q2 11.6%

Adjusted

EBITDA

Margin

Analyst Coverage

* Wall Street's median 12-month price target for KLX Energy Services Holdings Inc ( KLXE ) is $5.00, about 64.6% above its August 5 closing price of $1.77

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)