KLX Energy Services Holdings ( (KLXE) ) has issued an announcement.
On March 12, 2025, KLX Energy Services Holdings, Inc. announced the closing of a refinancing deal involving the issuance of approximately $232 million in senior secured notes due March 2030 and the establishment of a new $125 million ABL credit facility due March 2028. This strategic financial maneuver aims to enhance the company’s capital structure and support its operational capabilities, potentially strengthening its market position and providing flexibility for future investments.
More about KLX Energy Services Holdings
KLX Energy Services Holdings, Inc. is a growth-oriented provider of diversified oilfield services to leading onshore oil and natural gas exploration and production companies. The company operates in both conventional and unconventional plays across all major basins in the United States, offering services focused on drilling, completion, production, and intervention activities for technically demanding wells.
YTD Price Performance: -17.10%
Average Trading Volume: 175,710
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $76.04M
For an in-depth examination of KLXE stock, go to TipRanks’ Stock Analysis page.
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