Breaking News

Friday
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Syndicate
KLX Energy files to sell $75M of common stock  16:35
05/14/21
05/14
16:35
05/14/21
16:35
KLXE

KLX Energy

$12.08 /

+0.34 (+2.90%)

 
ShowHide Related Items >><<
KLXE KLX Energy
$12.08 /

+0.34 (+2.90%)

KLXE KLX Energy
$12.08 /

+0.34 (+2.90%)

Over a month ago
Earnings
KLX Energy reports Q4 EPS ($3.69), one estimate ($3.14) » 16:19
04/14/21
04/14
16:19
04/14/21
16:19
KLXE

KLX Energy

$14.52 /

+0.345 (+2.43%)

Reports Q4 revenue…

Reports Q4 revenue $86.8M, one estimate $78.95M. CEO Chris Baker stated, "Despite the overhanging issues brought about by COVID-19, we saw broad-based macroeconomic improvement that benefited all our business lines in our fiscal fourth quarter, and this is directly reflected in our financial results. Q4 revenues were up approximately 22% sequentially to $87M and Adjusted EBITDA improved approximately $3M. I'm also pleased to report that following the QES merger, the integration of our operations was successfully completed ahead of schedule (...) As part of the integration process, during Q3, we identified additional cost savings and have now fully realized a total of $46.0M in projected savings, approximately six months ahead of schedule. I'm very proud of the team and would like to thank the tireless efforts of our employees in bringing the integration to a successful conclusion".

ShowHide Related Items >><<
KLXE KLX Energy
$14.52 /

+0.345 (+2.43%)

Over a quarter ago
Options
Nine new option listings and thirteen option delistings on January 19th » 08:30
01/19/21
01/19
08:30
01/19/21
08:30
CRC

California Resources

$25.10 /

-0.8 (-3.09%)

, GMBL

Esports Entertainment

$6.90 /

-0.25 (-3.50%)

, GMDA

Gamida Cell

$9.37 /

+0.045 (+0.48%)

, JWS

Jaws Acquisition Corp

$15.01 /

-0.77 (-4.88%)

, LESL

Leslie's

$27.93 /

+0.18 (+0.65%)

, PCPL

CC Neuberger Principal Holdings I

$11.50 /

-0.25 (-2.13%)

, THBR

Thunder Bridge Acquisition II

$12.85 /

-0.3 (-2.28%)

, CXO

Bought by COP

$65.79 /

-4.01 (-5.74%)

, DFODQ

Dean Foods

$0.79 /

+ (+0.00%)

, EFOI

Energy Focus

$4.80 /

-0.16 (-3.23%)

, FCAU

Ticker changed to STLA

$15.24 /

-0.77 (-4.81%)

, HSTO

Histogen

$1.01 /

+0.0418 (+4.32%)

, KLXE

KLX Energy

$9.65 /

+0.7 (+7.82%)

, LRMR

Larimar Therapeutics

$19.62 /

-0.48 (-2.39%)

, SHLDQ

Sears

$0.35 /

+ (+0.00%)

, TAOP

Taoping

$3.00 /

-0.1 (-3.23%)

, TLGT

Teligent

$1.01 /

-0.03 (-2.88%)

New option listings for…

New option listings for January 19th include Global X CyberSecurity ETF (BUG), California Resources Corporation (CRC), Esports Entertainment Group Inc (GMBL), Gamida Cell Ltd (GMDA), Jaws Acquisition Corp (Class A Stock) (JWS), Leslies Inc (LESL), CC Neuberger Principal Holdings I (Class A Stock) (PCPL), Stellantis NV (STLA), and Thunder Bridge Acquisition II Ltd (Class A Stock) (THBR). Option delistings effective January 19th include Achaogen Inc (AKAOQ), Briggs and Stratton Corp (BGGSQ), Concho Resources Inc (CXO), Dean Foods Company New (DFODQ), Energy Focus (EFOI), Fiat Chrysler Automobiles NV (FCAU), Histogen (HSTO), KLX Energy Services (KLXE), Larimar Therapeutics (LRMR), Seadrill Ltd (SDRLF), Sears Holdings Corporation (SHLDQ), Taoping (TAOP), and Teligent (TLGT).

ShowHide Related Items >><<
TLGT Teligent
$1.01 /

-0.03 (-2.88%)

THBR Thunder Bridge Acquisition II
$12.85 /

-0.3 (-2.28%)

TAOP Taoping
$3.00 /

-0.1 (-3.23%)

LRMR Larimar Therapeutics
$19.62 /

-0.48 (-2.39%)

KLXE KLX Energy
$9.65 /

+0.7 (+7.82%)

JWS Jaws Acquisition Corp
$15.01 /

-0.77 (-4.88%)

HSTO Histogen
$1.01 /

+0.0418 (+4.32%)

GMDA Gamida Cell
$9.37 /

+0.045 (+0.48%)

GMBL Esports Entertainment
$6.90 /

-0.25 (-3.50%)

FCAU Ticker changed to STLA
$15.24 /

-0.77 (-4.81%)

EFOI Energy Focus
$4.80 /

-0.16 (-3.23%)

CXO Bought by COP
$65.79 /

-4.01 (-5.74%)

CRC California Resources
$25.10 /

-0.8 (-3.09%)

CRC California Resources
$25.10 /

-0.8 (-3.09%)

03/25/20 Imperial Capital
California Resources downgraded to In-Line from Outperform at Imperial Capital
03/17/20 Raymond James
California Resources downgraded to Market Perform from Outperform at Raymond James
03/17/20 Raymond James
California Resources downgraded to Market Perform from Outperform at Raymond James
03/09/20 BofA
California Resources downgraded to Underperform from Neutral at BofA
GMBL Esports Entertainment
$6.90 /

-0.25 (-3.50%)

10/28/20 Noble Capital
Esports Entertainment Group initiated with an Outperform at Noble Capital
GMDA Gamida Cell
$9.37 /

+0.045 (+0.48%)

12/14/20 Oppenheimer
Gamida Cell price target lowered to $17 from $20 at Oppenheimer
12/14/20 Piper Sandler
Gamida Cell delay does not impact peak sales, says Piper Sandler
12/07/20 Piper Sandler
Piper Sandler reiterates Overweight rating on Gamida Cell after ASH updates
12/07/20 Mizuho
Nkarta price target raised to $47 from $34 at Mizuho
JWS Jaws Acquisition Corp
$15.01 /

-0.77 (-4.88%)

11/19/20 Compass Point
Compass Point upgrades PennantPark to Buy after Cano Health 'game changer'
LESL Leslie's
$27.93 /

+0.18 (+0.65%)

01/05/21
Fly Intel: Top five analyst downgrades
01/05/21
Leslie's downgraded to Hold at Loop Capital on valuation, tough comps
01/05/21 Loop Capital
Leslie's downgraded to Hold from Buy at Loop Capital
12/22/20 Jefferies
Leslie's price target raised to $29 from $26 at Jefferies
PCPL CC Neuberger Principal Holdings I
$11.50 /

-0.25 (-2.13%)

01/05/21 Benchmark
GM, Roku, Marcus among Benchmark's Best Ideas for first half of 2021
12/23/20 Benchmark
CC Neuberger Principal Holdings I initiated with a Buy at Benchmark
THBR Thunder Bridge Acquisition II
$12.85 /

-0.3 (-2.28%)

CXO Bought by COP
$65.79 /

-4.01 (-5.74%)

01/14/21 Scotiabank
Scotiabank upgrades ConocoPhillips on 'overwhelmingly positive' deal
11/20/20 Stifel
Concho Resources downgraded to Hold from Buy at Stifel
11/19/20 Scotiabank
Concho Resources price target raised to $65.70 from $43 at Scotiabank
11/17/20 Morgan Stanley
Concho Resources downgraded to Equal Weight at Morgan Stanley
DFODQ Dean Foods
$0.79 /

+ (+0.00%)

EFOI Energy Focus
$4.80 /

-0.16 (-3.23%)

FCAU Ticker changed to STLA
$15.24 /

-0.77 (-4.81%)

01/12/21 Morgan Stanley
Peugeot resumed with an Equal Weight at Morgan Stanley
12/14/20 Stifel
Fiat Chrysler upgraded to Buy from Hold at Stifel Eurepe
12/11/20 Jefferies
Jefferies sees legacy automakers 'priced for disappointment,' ups Big 3 targets
11/02/20 AlphaValue
Fiat Chrysler upgraded to Add from Reduce at AlphaValue
HSTO Histogen
$1.01 /

+0.0418 (+4.32%)

KLXE KLX Energy
$9.65 /

+0.7 (+7.82%)

03/16/20 Gabelli
KLX Energy downgraded to Hold from Buy at Gabelli
01/22/20 R.F. Lafferty
KLX Energy initiated with a Buy at RF Lafferty
LRMR Larimar Therapeutics
$19.62 /

-0.48 (-2.39%)

SHLDQ Sears
$0.35 /

+ (+0.00%)

TAOP Taoping
$3.00 /

-0.1 (-3.23%)

TLGT Teligent
$1.01 /

-0.03 (-2.88%)

08/20/20 Craig-Hallum
Teligent downgraded to Hold at Craig-Hallum following quarterly results
08/20/20 Craig-Hallum
Teligent downgraded to Hold from Buy at Craig-Hallum
TLGT Teligent
$1.01 /

-0.03 (-2.88%)

TAOP Taoping
$3.00 /

-0.1 (-3.23%)

LRMR Larimar Therapeutics
$19.62 /

-0.48 (-2.39%)

LESL Leslie's
$27.93 /

+0.18 (+0.65%)

GMDA Gamida Cell
$9.37 /

+0.045 (+0.48%)

GMBL Esports Entertainment
$6.90 /

-0.25 (-3.50%)

FCAU Ticker changed to STLA
$15.24 /

-0.77 (-4.81%)

CXO Bought by COP
$65.79 /

-4.01 (-5.74%)

  • 31
    Dec
  • 29
    Oct
  • 19
    May
FCAU Ticker changed to STLA
$15.24 /

-0.77 (-4.81%)

CXO Bought by COP
$65.79 /

-4.01 (-5.74%)

LESL Leslie's
$27.93 /

+0.18 (+0.65%)

HSTO Histogen
$1.01 /

+0.0418 (+4.32%)

GMDA Gamida Cell
$9.37 /

+0.045 (+0.48%)

GMBL Esports Entertainment
$6.90 /

-0.25 (-3.50%)

FCAU Ticker changed to STLA
$15.24 /

-0.77 (-4.81%)

CXO Bought by COP
$65.79 /

-4.01 (-5.74%)

FCAU Ticker changed to STLA
$15.24 /

-0.77 (-4.81%)

CXO Bought by COP
$65.79 /

-4.01 (-5.74%)

CRC California Resources
$25.10 /

-0.8 (-3.09%)

Hot Stocks
KLX Energy, Quintana Energy Services complete merger » 09:14
07/28/20
07/28
09:14
07/28/20
09:14
KLXE

KLX Energy

$10.00 /

-1.7 (-14.53%)

, QES

Quintana Energy Services

$0.96 /

-0.15 (-13.51%)

KLX Energy Services…

KLX Energy Services Holdings (KLXE) and Quintana Energy Services (QES) have successfully completed the all-stock merger transaction that was announced on May 3, 2020. The combined company will continue under the name KLX Energy Services Holdings, Inc. In conjunction with the closing of the merger, QES shares ceased trading on the New York Stock Exchange prior to the market open on July 28, 2020, and KLXE remains listed on the Nasdaq Global Select Market under the symbol "KLXE." At the time of the closing, the holders of QES received 0.0969 shares of KLXE common stock in exchange for each share of QES common stock held. On July 26, 2020, the Company's Board of Directors approved a 1 for 5 reverse stock split to stockholders that became effective at 12:01 a.m. on July 28, 2020. KLXE and QES stockholders own approximately 59% and 41%, respectively, of the equity of the combined company on a fully-diluted basis. The closing follows approval of the merger transaction by both KLXE and QES stockholders at stockholder meetings held on July 24, 2020. Excluding the impact of the estimated $40 million of annualized cost synergies from the merger, the combined companies' fiscal year 2019 pro forma revenues were more than $1 billion, and adjusted EBITDA was $106 million. Pro forma for the combination, KLXE has an improved liquidity and capital structure with approximately $117 million of cash1 and an undrawn $100 million revolving credit facility, of which approximately $95 million was available1. The merger is expected to be significantly accretive to free cash flow per share. Importantly, the combined company has a strong balance sheet to support critical ongoing business initiatives as well as the pursuit of additional value-creating consolidation opportunities within the oilfield service industry. The combined organization has a highly talented workforce with a commitment to safety, performance, customer satisfaction, and profitability. Complementary to being the foremost U.S. provider of large diameter coiled tubing services, the Company also offers an industry-leading portfolio of asset-light products and services to its blue-chip customers across all major onshore oil and gas basins in the United States. The Company is now able to streamline operational support and technology advancements across a broader suite of service offerings. Finally, through its increased scale and product and service offerings designed to meet the needs of customers throughout the lifecycle of the well, KLXE is expected to generate cross-selling opportunities that allow for an increased share of customer spend. KLXE will operate under the executive leadership of QES's legacy management team, including Christopher J. Baker, President and Chief Executive Officer, and Keefer M. Lehner, EVP and Chief Financial Officer. The Board of Directors is comprised of nine directors, with five legacy KLXE directors and four legacy QES directors. John Collins, current Chairman of the Board of KLXE, will continue to serve as Chairman, and Tom McCaffrey, former President and CEO of KLXE, will continue to serve on the Board and as chair of its Integration Committee. Additional leadership biographies will be available on the Company's website, www.klxenergy.com. KLXE's corporate headquarters is now located in Houston, Texas.

ShowHide Related Items >><<
QES Quintana Energy Services
$0.96 /

-0.15 (-13.51%)

KLXE KLX Energy
$10.00 /

-1.7 (-14.53%)

KLXE KLX Energy
$10.00 /

-1.7 (-14.53%)

03/16/20 Gabelli
KLX Energy downgraded to Hold from Buy at Gabelli
01/22/20 R.F. Lafferty
KLX Energy initiated with a Buy at RF Lafferty
QES Quintana Energy Services
$0.96 /

-0.15 (-13.51%)

04/15/20 Piper Sandler
Quintana Energy Services downgraded to Neutral from Overweight at Piper Sandler
04/14/20 Piper Sandler
Quintana Energy Services downgraded to Neutral from Overweight at Piper Sandler
03/11/20 Tudor Pickering
Quintana Energy Services downgraded to Hold from Buy at Tudor Pickering
03/09/20 Evercore ISI
Quintana Energy Services downgraded to In Line from Outperform at Evercore ISI
QES Quintana Energy Services
$0.96 /

-0.15 (-13.51%)

KLXE KLX Energy
$10.00 /

-1.7 (-14.53%)

Hot Stocks
KLX Energy to effect 1-for-5 stock split, adjust exchange ratio for merger » 07:18
07/27/20
07/27
07:18
07/27/20
07:18
KLXE

KLX Energy

$2.34 /

+ (+0.00%)

, QES

Quintana Energy Services

$1.11 /

-0.005 (-0.45%)

KLX Energy Services…

KLX Energy Services Holdings (KLX) announced that it will effect a 1-for-5 reverse stock split of its common stock that will be effective as of 7:30 a.m. Eastern Time tomorrow, July 28, 2020. KLXE's common stock will begin trading on the Nasdaq Global Select Market on a split-adjusted basis when the market opens on Tuesday, July 28, 2020. KLX Energy Services anticipates that the reverse stock split will be effected immediately prior to closing of the Company's pending merger with Quintana Energy Services Inc. (QES). The new CUSIP number for KLXE's common stock following the reverse stock split is 48253L 205. Pursuant to the Agreement and Plan of Mergeramong KLXE, QES, Krypton Intermediate LLC and Krypton Merger Sub Inc., the final Exchange Ratio under the Merger Agreement will be 0.0969, after giving effect to the reverse stock split. On July 24, 2020, the holders of a majority of KLXE's outstanding shares of common stock approved the reverse stock split and gave KLXE's board of directors' discretionary authority to select a ratio for the split ranging from 1-for-5 to 1-for-10. The board of directors approved the reverse stock split at a ratio of 1-for-5 on July 26, 2020. The reverse stock split affects all issued and outstanding shares of KLXE's common stock, as well as the number of shares of common stock available for issuance under KLXE's Long Term Incentive Plan and Employee Stock Purchase Plan. The reverse stock split does not affect the number of authorized shares of KLXE's common stock. The reverse stock split will reduce the number of shares of KLXE's outstanding common stock from approximately 24.9M to approximately 5M, prior to closing of the merger. The reverse stock split will not change the par value of the common stock or the authorized number of shares of preferred stock of KLXE.

ShowHide Related Items >><<
QES Quintana Energy Services
$1.11 /

-0.005 (-0.45%)

KLXE KLX Energy
$2.34 /

+ (+0.00%)

KLXE KLX Energy
$2.34 /

+ (+0.00%)

03/16/20 Gabelli
KLX Energy downgraded to Hold from Buy at Gabelli
01/22/20 R.F. Lafferty
KLX Energy initiated with a Buy at RF Lafferty
QES Quintana Energy Services
$1.11 /

-0.005 (-0.45%)

04/15/20 Piper Sandler
Quintana Energy Services downgraded to Neutral from Overweight at Piper Sandler
04/14/20 Piper Sandler
Quintana Energy Services downgraded to Neutral from Overweight at Piper Sandler
03/11/20 Tudor Pickering
Quintana Energy Services downgraded to Hold from Buy at Tudor Pickering
03/09/20 Evercore ISI
Quintana Energy Services downgraded to In Line from Outperform at Evercore ISI
QES Quintana Energy Services
$1.11 /

-0.005 (-0.45%)

KLXE KLX Energy
$2.34 /

+ (+0.00%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.