Why These Energy Stocks Are Losing This Week

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

Share Price Decline Between Mar. 17 and Mar. 24: 10.57%

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.

The stock of KLX Energy Services Holdings, Inc. (NASDAQ:KLXE) continued to decline for a second straight week after the company missed forecasts in its Q4 2024. KLXE reported an EPS of -$0.9 against expectations of -$0.67, and its revenue of $165.5 million was also down by 14.7% YoY and fell below estimates by $0.7 million. Moreover, there have also been recent reports of insiders selling the company’s stock, further shaking investor confidence.