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KLX Energy Services Holdings, Inc. provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. It provides directional drilling services; and downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals. The company also offers coiled tubing and nitrogen services; pressure control products and services; wellhead and hydraulic fracturing rental products and services; flowback and testing services; and wireline services. In addition, it offers toe sleeves; wet shoe cementing bypass subs; composite plugs; dissolvable plugs; liner hangers; stage cementing tools, inflatables, float and casing equipment; retrievable completion tools; cementing products and services; thru-tubing technologies and services; rig assist snubbing services; and acidizing and pressure pumping services. Further, the company provides production services comprising maintenance-related intervention services; production blow out presenters; mechanical wireline services; slick line services; hydro-testing services; premium tubulars; and other specialized production tools. It also provides intervention services consisting of technicians and equipment that are focused on providing customers engineered solutions to downhole complications. The company offers a range of technical services, and related tools and equipment to companies engaged in the exploration and development of North American onshore conventional and unconventional oil and natural gas reserves. KLX Energy Services Holdings, Inc. was incorporated in 2018 and is headquartered in Houston, Texas.

KLX Energy Services Dividend Announcement

• KLX Energy Services does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on KLX Energy Services dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

KLX Energy Services Dividend History

KLX Energy Services Dividend Yield

KLX Energy Services current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing KLX Energy Services stock? Use our calculator to estimate your expected dividend yield:

KLX Energy Services Financial Ratios

P/E ratio-2.21
PEG ratio-0.13
P/B ratio42.06
ROE-280.00%
Payout ratio0.00%
Current ratio1.24
Quick ratio1.08
Cash Ratio0.40

KLX Energy Services Dividend FAQ

Does KLX Energy Services stock pay dividends?
KLX Energy Services does not currently pay dividends to its shareholders.
Has KLX Energy Services ever paid a dividend?
No, KLX Energy Services has no a history of paying dividends to its shareholders. KLX Energy Services is not known for its dividend payments.
Why doesn't KLX Energy Services pay dividends?
There are several potential reasons why KLX Energy Services would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will KLX Energy Services ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While KLX Energy Services has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is KLX Energy Services a dividend aristocrat?
KLX Energy Services is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is KLX Energy Services a dividend king?
KLX Energy Services is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is KLX Energy Services a dividend stock?
No, KLX Energy Services is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy KLX Energy Services stocks?
To buy KLX Energy Services you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy KLX Energy Services stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.