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Stock impact report

KLX Energy Services plans further cost cutting [Seeking Alpha]

KLX Energy Services Holdings, Inc. (KLXE) 
Last klx energy services holdings, inc. earnings: 3/9 06:00 am Check Earnings Report
Company Research Source: Seeking Alpha
KLX Energy Services (KLXE+1.4%announcesReduction in work force, wage reduction program, along with certain other cost reductions, is expected to generate further annualized cost reduction of ~$23M.KLX Energy Services ended the fiscal year with a cash balance of ~$124M and maintains an undrawn $100M credit facility with a current availability of ~$60M and no debt maturities until November 2025. Show less Read more
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