Why These Energy Stocks Are Losing This Week

3. KLX Energy Services Holdings, Inc. (NASDAQ:KLXE)

Share Price Decline Between Mar. 10 and Mar. 17: 9.56%

KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) provides more than 100 mission-critical oilfield services, tools, technologies, and equipment to some of the industry’s leading operators.

Investors have reacted negatively after KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) missed forecasts in its Q4 2024 results last week. The company reported a loss per share of $0.9 against expectations of a loss of $0.67 per share. KLX’s revenue of $165.5 million also fell by 14.7% YoY and missed estimates by $0.7 million. The company’s guidance for 2025 suggests flat to slightly up revenue, with a focus on cost control and strategic capital allocation.