KLX Energy Services Holdings

What KLX Energy Services Holdings does

KLX Energy Services Holdings, Inc. is a Houston-headquartered, NASDAQ-listed (KLXE) provider of diversified onshore oilfield services to U.S. exploration and production operators, organized across three core service lines: Drilling Solutions (directional drilling, accommodations, cementing, well construction products), Completion and Production Solutions (pressure control rental equipment, coiled tubing, downhole tools, frac plug solutions, wellhead and frac rentals, isolation tools, flowback, pressure pumping, wireline), and Well Intervention (fishing, thru-tubing, rental tools and tubulars, nitrogen, snubbing).

The company's technology foundation centers on its proprietary VISION Suite of downhole completions tools — comprising the OraclE-SRT extended reach tool, the SpectrA PDC thru-tubing motor system, and PhantM dissolvable frac plugs — alongside a catalog of more than 50 completion products and services. Operations span more than 60 service and support facilities across five major U.S. onshore basins: Gulf Coast/South Texas, MidCon/Ark-La-Tex, Northeast, Permian, and Rockies/North Dakota.

KLX generates revenue primarily through project-based, activity-driven professional services contracts with major U.S. onshore E&P operators, supplemented by hardware-based rentals of pressure control and frac equipment. Pricing is quote-based and not publicly disclosed. The top five customers account for approximately 31 percent of revenue with no single customer above 10 percent. Full-year 2025 revenue totaled $637 million with $76 million of adjusted EBITDA (12 percent margin), while Q1 2026 revenue of $144.7 million was down 6 percent year-over-year; U.S. onshore drilling market share stood at 3.9 percent as of December 31, 2025.

Name

KLX Energy Services Holdings

Legal name

KLX Energy Services Holdings, Inc.

Website

https://klxenergy.com

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

KLX Energy Services Holdings is a Houston-based, NASDAQ-listed provider of diversified onshore oilfield services — including directional drilling, completion, production, and well intervention — to major U.S. E&P operators across five major shale basins.

Ownership category

akta.pro rank

Product category

Oilfield Services

NAICS

Support Activities for Oil and Gas Operations (213112), Oil and Gas Field Machinery and Equipment Manufacturing (333132)

SIC

Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Well Completions & Stimulation (Hydraulic Fracturing, Sand Control) (EUALAAAE)

akta.pro secondary industries

Pressure Pumping & Stimulation (Hydraulic Fracturing, Acidizing) (EUALABAF), Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)

Keywords

• Oilfield services
• Completion services
• Directional drilling
• Downhole tools
• Pressure control rentals

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Oilfield Services: KLX Energy Services generates revenue through providing diversified oilfield services including drilling solutions, completion and production solutions, and well intervention services to onshore oil and natural gas E&P companies. Revenue is project and service-based, dependent on activity levels across major U.S. land basins.
2. Equipment Rentals: Surface rental solutions and pressure control tubular rental equipment provided to oil and gas operators, generating recurring rental revenue from assets deployed across service facilities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

KLX Energy Services is a leading U.S. onshore provider of mission-critical oilfield services focused on completion, intervention, and production activities for technically demanding wells. The company delivers a one-stop portfolio spanning directional drilling, cementing, well construction, pressure control rentals, coiled tubing, downhole tools (including the proprietary VISION Suite), frac plug solutions, flowback, wireline, thru-tubing, fishing, nitrogen, and snubbing services to exploration and production operators across major U.S. shale basins.

Product overview

KLX Energy Services is a diversified oilfield services provider offering a comprehensive portfolio of mission-critical products and services organized into three main segments: Drilling Solutions (Directional Drilling, Accommodations, Cementing, Well Construction Products), Completion & Production Solutions (Pressure Control Rental Equipment, Coiled Tubing, Downhole Tools, Frac Plug Solutions, Wellhead and Frac Rentals, Guardian Wellhead Isolation, Flowback, Pressure Pumping, Wireline), and Well Intervention (Fishing Services, Thru-tubing Services, Rental Tools and Tubulars, Nitrogen, Snubbing Services). The company operates as a one-stop solution provider supported by its proprietary VISION Suite technology platform, which encompasses advanced downhole completions tools including OraclE-SRT (extended reach tool), SpectrA PDC (thru-tubing motor system), and PhantM Dissolvables (composite frac plugs).

Differentiator

Problem solved

Functional benefit

Brands

• VISION Suite: Downhole completions tools product line including OraclE-SRT, SpectrA PDC, and PhantM dissolvable frac plugs
• OraclE-SRT
• SpectrA PDC
• PhantM

Products and services

• Directional Drilling Advanced horizontal and directional drilling services in North America's unconventional terrain, specializing in directional drilling and measurement-while-drilling (MWD) solutions for both directional and horizontal wells.
• Accommodations Long-term and short-term workforce accommodations custom built to provide safety and comfort at well sites.
• Cementing Advanced cementing technology developed in KLX state-of-the-art facilities for well construction.
• Well Construction Products Complete range of downhole products including liner hangers, subs, and toe sleeves used in well construction operations.
• Pressure Control Rental Equipment Comprehensive line of pressure control tubular rental equipment and accessories for oil and gas operators.
• Coiled Tubing Rapid deployment of coiled tubing products and support services for completion and intervention operations.
• Downhole Tools and Equipment Over 50 completions products and services, including the VISION Suite of downhole completions tools, engineered to enhance production efficiency.
• Frac Plug Solutions Advanced composite and dissolvable frac plug solutions for completion operations on unconventional wells.
• Wellhead and Frac Rentals Extensive line of wellhead and frac rental equipment and services designed to increase efficiency and ensure quality in completion operations.
• Guardian Wellhead Isolation KLX's premier line of wellhead isolation tools, including Tree Savers, Casing Savers, and Stage Tools used in completion operations.
• Flowback High-performance flowback support services for well completion and hydrocarbon production.
• Pressure Pumping Cutting-edge pressure pumping solutions for testing and diagnostics downhole during completion operations.
• Wireline Comprehensive wireline solutions from logging through interventions for oil and gas wells.
• Fishing Services Specialized fishing tools and services for every downhole intervention application.
• Thru-tubing Services Thru-tubing technologies that deliver quality downhole data and keep well intervention operations on track.
• Nitrogen Services Latest nitrogen pump technology deployed for safe and efficient well intervention operations.
• Snubbing Services Full range of snubbing services including rig-assist space-saver and mini snubbing units for well intervention.
• VISION Suite Proprietary suite of downhole completions tools combining new product innovation with reimagined downhole completion tool technology, including OraclE-SRT, SpectrA PDC, and PhantM dissolvable frac plugs, designed for completion operations on technically demanding wells.
• OraclE-SRT (Smart Reach Tool) Downhole thru-tubing extended reach tool that delivers a unique solution for long laterals using enhanced materials and an advanced vibration tool to minimize wellbore friction during milling; can be fully manipulated from surface with full data capabilities.
• SpectrA PDC Downhole thru-tubing motor system designed to eliminate non-productive time on long lateral runs, using PDC inserts with significantly fewer parts than traditional ball bearing packs via mud lube bearing pack construction.
• PhantM Dissolvable Frac Plugs Highly engineered dissolvable frac plugs engineered to exceed industry standards with a robust design and bottom-set feature that eliminates pre-set concerns, lowering NPT and failures during frac operations.

Quantifiable outcome

• 68% reduction in at-fault incidents and 91% reduction in unsafe driving events per 1,000 miles achieved with Motive fleet management
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators9 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• ProPetro Holding Corp: ProPetro is a U.S. onshore oilfield services provider focused on pressure pumping, completions, and related services. It is a direct competitor to KLX in the completions/pressure pumping stack and serves the same Permian and other U.S. basin E&P customers.
• Liberty Energy: Liberty Energy provides completions services, hydraulic fracturing, and associated oilfield offerings to U.S. E&P operators. It competes directly with KLX in completions and wellsite services across U.S. onshore basins.
• C&J Energy Services: C&J Energy Services delivers completion, wellsite, and production services to U.S. onshore operators, with a heavy weighting in hydraulic fracturing and wireline. It is a direct peer to KLX in the completions and well intervention segments.
• NCS Multistage Holdings: NCS Multistage provides innovative multistage completion technologies, including sliding sleeves and downhole tools used in frac operations. Its product portfolio is highly comparable to KLX's VISION Suite downhole completions tools.

Emerging players

• Select Water Solutions: Select Water Solutions provides water handling, recycling, and related production and completion support to U.S. oilfield customers. It is an emerging, partially overlapping player to KLX in the completions support and production services ecosystem.
• Solaris Oilfield Infrastructure: Solaris provides mobile oilfield infrastructure, including sand silo systems and related rental equipment used in U.S. completions. It is an adjacent/emerging peer to KLX in completion-focused rental solutions.

Broad incumbents

• Halliburton: Halliburton is one of the world's largest oilfield services companies, with deep exposure to completions, drilling, and production services. It is a broad incumbent that overlaps heavily with KLX across the completions stack, including pressure pumping and downhole tools.
• Schlumberger (SLB): SLB is the largest global oilfield services company, offering drilling, completions, production, and digital solutions across both onshore and offshore. It competes with KLX in directional drilling, completions, and intervention services.
• Baker Hughes: Baker Hughes is a major global oilfield services and equipment provider, including oilfield machinery and integrated completions services. It is a broad incumbent peer competing with KLX across multiple service lines and geographies.

Others

• Core Laboratories: Core Laboratories provides reservoir description and production enhancement services to the oil and gas industry. It is an adjacent service provider to KLX, with thematic overlap in production and intervention optimization but a different core offering.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/klxenergyservices
• LinkedInlinkedin.com/company/klxenergyservices
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Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KLX Energy Services Holdings