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KLX Energy Services Holdings ( (KLXE) ) has shared an update.
KLX Energy Services Holdings, Inc. held its 2025 Annual Meeting of Stockholders on May 7, 2025, where several key proposals were voted upon. The meeting resulted in the election of three Class I Directors, but proposals to declassify the board, approve executive compensation, and eliminate supermajority voting requirements were not approved. However, the selection of Deloitte & Touche LLP as the independent registered public accounting firm was ratified.
Spark’s Take on KLXE Stock
According to Spark, TipRanks’ AI Analyst, KLXE is a Neutral.
KLX Energy Services Holdings has a challenging financial position with negative profitability and a weak balance sheet, which are primary concerns. Despite positive cash flow, the technical indicators suggest bearish momentum. However, strategic refinancing and a focus on operational improvements offer some optimism, reflected in a moderately positive earnings call and corporate events. Overall, the stock score reflects these mixed factors.
To see Spark’s full report on KLXE stock, click here.
More about KLX Energy Services Holdings
Average Trading Volume: 216,311
Technical Sentiment Signal: Sell
Current Market Cap: $34.28M
For an in-depth examination of KLXE stock, go to TipRanks’ Stock Analysis page.