KLXE News & Events

Reports Q4 revenue $156.8M vs. $165.5M last year. Chris Baker, KLX President and CEO, stated, "KLX delivered a very strong finish to 2025. The fourth quarter was our most profitable of the year, and both Adjusted EBITDA and Adjusted EBITDA margin were at their 2025 highs, driven by a more muted fourth quarter revenue decline, typical year-end accrual unwinds and incremental revenue in our natural gas portfolio. Throughout 2025, we continued to optimize our corporate cost structure and thoughtfully invested in our product lines, while leaning into gas-weighted asset allocation as we realigned certain PSLs and benefited from capacity rationalization in the industry."

KLX Energy Services announced that Geoffrey Stanford has been appointed as Interim Chief Financial Officer, effective January 7, 2026. Stanford, the company's current Senior Vice President and Chief Accounting Officer, will succeed Keefer Lehner who notified the company on December 8, 2025 of his intent to resign from his position as Executive Vice President and Chief Financial Officer, effective January 7, 2026. Lehner's resignation is not related to any issue with the company's operations, financial reporting or controls. Stanford joined the company in 2018 as its Vice President and Chief Accounting Officer and was promoted to Senior Vice President in December 2020. Before joining the company, Stanford served as Vice President of Accounting at Amedisys Home Health & Hospice and as Vice President and Chief Accounting Officer at Willbros Construction, where he led corporate accounting initiatives.