GURU.Markets stock price, segment price, and overall market index valuation
The company's share price KLX Energy Services
KLX Energy Services provides onshore oilfield services in the United States. Its stock price is cyclical and directly dependent on drilling activity, which in turn is driven by oil and gas prices.
Share prices of companies in the market segment - Oil and gas services
KLX Energy Services provides a wide range of services to onshore oil and gas companies in North America, from drilling to well completion. We've categorized it under "Oil and Gas Services." The chart below shows how activity in the energy sector is impacting service contractors.
Broad Market Index - GURU.Markets
KLX Energy Services is an oilfield services company providing a wide range of services and equipment for the oil and gas industry. As a component of the GURU.Markets index, it serves as a barometer for the energy sector. The chart below represents the entire market. See how this company's stock correlates with oil prices.
Change in the price of a company, segment, and market as a whole per day
KLXE - Daily change in the company's share price KLX Energy Services
The daily price change of KLX Energy Services Holdings reflects the high volatility of the oilfield services sector. The indicator demonstrates direct sensitivity to oil prices and drilling activity, serving as an indicator of the industry's health.
Daily change in the price of a set of shares in a market segment - Oil and gas services
KLX Energy Services Holdings, Inc. is an oilfield services company. This chart highlights the high volatility of the energy sector. Comparison with KLXE's performance, whose revenue is directly dependent on oil prices, makes it a barometer of the industry.
Daily change in the price of a broad market stock, index - GURU.Markets
KLX Energy Services provides services to the oil and gas industry. It's a highly cyclical business, dependent on energy prices and drilling investments. The company's sharp share price fluctuations directly reflect the volatility of the energy sector, which impacts the entire market.
Dynamics of market capitalization of the company, segment and the market as a whole over 12 months
Annual dynamics of the company's market capitalization KLX Energy Services
KLX Energy Services' year-over-year performance is a barometer of activity in the US oil and gas industry. Its 12-month market capitalization growth is directly linked to demand for its drilling, completion, and well servicing services. Its valuation is a bet on continued growth in onshore production and stable energy prices.
Annual dynamics of market capitalization of the market segment - Oil and gas services
KLX Energy Services Holdings, Inc. is a diversified oilfield services company. This chart shows how its broad range of services, exposure to energy sector cycles, and efforts to improve profitability impact its performance relative to its more focused peers.
Annual dynamics of market capitalization of broad market stocks, index - GURU.Markets
KLX Energy, a provider of services to the oil and gas industry, is a highly cyclical company. Demand for its services is directly dependent on drilling and production volumes. The company's share price is a barometer of capital expenditures in the energy sector, moving in tandem with oil and gas prices.
Dynamics of market capitalization of the company, segment and the market as a whole for the month
Monthly dynamics of the company's market capitalization KLX Energy Services
KLX Energy Services provides services to the oil and gas industry. Its business is directly dependent on drilling and production activity. Monthly fluctuations in its value closely correlate with oil prices and the number of active drilling rigs, which determines demand for its services.
Monthly dynamics of market capitalization of the market segment - Oil and gas services
KLX Energy Services provides services to oil and gas companies, such as drilling and well repair. The dynamics of the oilfield services sector are directly dependent on oil prices and the investment activity of upstream companies. The chart below shows the pulse of the energy industry, reflecting its cyclical nature, from booms to busts.
Monthly dynamics of market capitalization of broad market stocks, index - GURU.Markets
KLX Energy Services provides a wide range of services to the US oil and gas industry, from drilling to well completions. Its business is highly cyclical and directly dependent on shale production activity. The broad market chart allows us to assess how much oil and gas prices, rather than general sentiment, have driven the rise and fall of KLX shares.
Dynamics of market capitalization of the company, segment and the market as a whole for the week
Weekly dynamics of the company's market capitalization KLX Energy Services
KLX Energy Services is an onshore oilfield services company operating in the United States. Its weekly stock price is closely tied to oil and gas prices, as well as the number of active drilling rigs. It is a cyclical and volatile stock, reflecting the pulse of the energy sector.
Weekly dynamics of market capitalization of the market segment - Oil and gas services
KLX Energy Services is an onshore oilfield services company operating in the United States. Its weekly stock price is closely tied to oil and gas prices, as well as the number of active drilling rigs. It is a cyclical and volatile stock, reflecting the pulse of the energy sector.
Weekly dynamics of market capitalization of stocks of the broad market, index - GURU.Markets
KLX, an oilfield services company, follows the tune of oil prices, not the broader market. A comparison of its weekly performance with the S&P 500 will likely reveal a weak correlation. The chart will show how the company's shares can reliably outperform the market during periods of rising energy prices.
Market capitalization of the company, segment and market as a whole
KLXE - Market capitalization of the company KLX Energy Services
The KLX Energy Services market capitalization chart tells the story of US oilfield services. Its cyclical chart is closely tied to oil and gas prices and drilling activity. It's a visualization of how the ups and downs of the energy sector directly impact service providers.
KLXE - Share of the company's market capitalization KLX Energy Services within the market segment - Oil and gas services
KLX Energy Services is an oilfield services company providing a wide range of services in all major US shale basins. Its share of its segment's market capitalization reflects its scale and diversification. The chart below shows how its share depends on oil prices, drilling activity, and market competition.
Market capitalization of the market segment - Oil and gas services
KLX Energy Services provides a wide range of oilfield services to the US shale industry. The chart below shows the total market capitalization of the oilfield services sector. Its cyclicality is directly linked to oil prices and drilling activity, which drive demand for KLX's services.
Market capitalization of all companies included in a broad market index - GURU.Markets
This chart represents services for the shale industry. KLX Energy Services provides equipment and personnel to oil and gas companies. Its cycle line is an accurate barometer of activity in the production sector. When oil prices are high and drilling is in full swing, KLX thrives.
Book value capitalization of the company, segment and market as a whole
KLXE - Book value capitalization of the company KLX Energy Services
KLX Energy Services's capital base is its fleet of equipment used to provide oilfield services, such as hydraulic fracturing and well intervention. Book value is the cost of this hardware. The chart shows how this company's capital fluctuates with drilling cycles and US oil and gas prices.
KLXE - Share of the company's book capitalization KLX Energy Services within the market segment - Oil and gas services
KLX Energy Services provides services to the oil and gas industry. Its assets include a fleet of specialized drilling and well servicing equipment. The chart shows the share of the total physical "muscle" of the oilfield services industry controlled by this company.
Market segment balance sheet capitalization - Oil and gas services
Oil and gas well servicing, as the BCap_Ges chart shows, is an extremely capital-intensive business. KLX Energy Services operates in this world, where owning a large fleet of specialized equipment is essential for competition.
Book value of all companies included in the broad market index - GURU.Markets
KLX Energy Services' balance sheet is a vast fleet of oilfield services equipment, from drilling tools to hydraulic fracturing systems. Its value is a direct reflection of this massive array of steel and complex machinery, representing the company's physical weight in the US oil and gas production supply chain.
The ratio of market capitalization to book capitalization of a company, segment, and the market as a whole
Market capitalization to book capitalization ratio - KLX Energy Services
KLX Energy Services provides services to the oil and gas industry. It's a capital-intensive business with a large fleet of equipment. Its book value is high. Its market capitalization follows the price of oil and drilling activity. Its MvsBCap chart will be cyclical, reflecting the ups and downs of the energy sector.
Market to book capitalization ratio in a market segment - Oil and gas services
KLX Energy Services provides services to the oil and gas industry. It's a capital-intensive business with a large fleet of equipment. The chart shows how the market values โโits assets and services based on drilling activity and oil prices.
Market to book capitalization ratio for the market as a whole
KLX Energy Services provides services to the oil and gas industry. It's a capital-intensive and cyclical business whose fortunes are closely tied to energy prices and drilling activity. This chart shows how the market valuation of these companies fluctuates with the commodity cycle, reflecting sentiment in the energy sector.
Debts of the company, segment and market as a whole
KLXE - Company debts KLX Energy Services
KLX Energy, an oilfield services company, uses debt to own and maintain its equipment fleet. In the cyclical oil and gas industry, the ability to manage assets and debt determines survival. This chart shows how the company balances its finances based on drilling activity and oil prices.
Market segment debts - Oil and gas services
KLX Energy Services provides a wide range of services to the oil and gas industry. This sector is highly cyclical and capital-intensive. Debt management here is the art of surviving periods of low oil prices and maximizing profits during periods of growth. This chart shows how conservative or risky KLX's financial strategy is.
Market debt in general
Debt to book value of the company, segment and market as a whole
The company's debt to book capitalization ratio KLX Energy Services
KLX Energy Services provides services to the oil and gas industry, a highly cyclical business. This chart illustrates its financial vulnerability. The high debt load accumulated during periods of high oil prices can become an unsustainable burden during a downturn, when drilling activity and demand for the company's services plummet.
Market segment debt to market segment book capitalization - Oil and gas services
KLX Energy Services provides a wide range of services to oil and gas companies operating onshore in North America. This chart shows the overall debt burden in the oilfield services sector. It helps assess how the company manages its capital and equipment in a highly cyclical environment dependent on oil prices and drilling activity.
Debt to book value of all companies in the market
KLX Energy Services provides a wide range of services for the oil and gas industry, from drilling to logistics. The overall debt burden, reflected in the chart, impacts the energy sector. Oil prices and drilling investments, which drive demand for KLX's services, are closely linked to the state of the global economy and the availability of capital.
P/E of the company, segment and market as a whole
P/E - KLX Energy Services
For KLX Energy Services, an oilfield services company, this chart mirrors drilling activity in the US. Its dynamics are closely linked to oil and gas prices, demonstrating how investors assess demand for drilling and well servicing services, which rises and falls with investments by production companies.
P/E of the market segment - Oil and gas services
This chart shows the average price-to-earnings ratio for the oilfield services sector, where KLX Energy is a prominent player. The industry's valuation is directly dependent on oil prices. This metric serves as a barometer for the entire industry, allowing one to understand how KLX's valuation compares to overall market expectations.
P/E of the market as a whole
KLX Energy Services provides a wide range of services to onshore oil and gas companies in the US, including drilling, well completions, and production. Its business is directly dependent on industry activity. This chart reflects the state of the energy sector. KLX's valuation is a barometer of the health of the shale industry: rising oil prices and drilling activity lead to increased revenue.
Future P/E of the company, segment and market as a whole
Future (projected) P/E of the company KLX Energy Services
KLX Energy Services provides oilfield services, such as drilling and well servicing, to oil and gas companies in the United States. Its revenue is cyclical and dependent on oil prices. This chart reflects analyst forecasts for future drilling activity and investment in oil and gas production, which determines demand for KLX's services.
Future (projected) P/E of the market segment - Oil and gas services
KLX Energy Services provides a wide range of oilfield services, including drilling, well completions, and workovers, to oil and gas companies in North America. This chart shows how its future profit expectations compare to the industry average, reflecting its dependence on drilling activity and energy prices.
Future (projected) P/E of the market as a whole
KLX Energy Services provides services to the US oil and gas industry. Its business is highly cyclical and directly dependent on drilling activity. This chart, reflecting economic expectations, is a leading indicator for energy prices and, consequently, drilling investment. Market optimism typically leads to increased activity for KLX clients.
Profit of the company, segment and market as a whole
Company profit KLX Energy Services
KLX Energy Services provides a wide range of services for oil and gas companies, from drilling to well servicing. The company's profits are directly dependent on oil and gas production activity, which, in turn, is driven by energy prices. This chart is a barometer of the health of the American shale industry.
Profit of companies in the market segment - Oil and gas services
KLX Energy Services provides a wide range of services to onshore oil and gas companies in the United States, from drilling to well servicing. Its business is directly dependent on activity in the oil production industry. This chart reflects the highly cyclical nature of the oilfield services sector, where revenue and profitability follow oil prices and drilling activity.
Overall market profit
KLX Energy Services provides services to the oil and gas industry. Demand for its services is directly dependent on drilling and production activity, which is driven by energy prices. This chart, showing the pulse of the global economy, is a key indicator of demand for oil and gas, and therefore for KLX's services.
Future (predicted) profit of the company, segment and market as a whole
Future (projected) profit of the company KLX Energy Services
KLX Energy Services provides a wide range of services to onshore oil and gas companies in the United States, including drilling, well completions, and production. Its business is directly dependent on industry activity. This chart is a consolidated analyst forecast, serving as a barometer of expectations for drilling activity in North America.
Future (predicted) profit of companies in the market segment - Oil and gas services
KLX Energy Services provides a wide range of services to onshore oil and gas companies in the United States, including drilling, well completions, and production. The company's business is highly cyclical and directly dependent on activity in the exploration and production sector. This chart displays profitability forecasts for the oilfield services sector, allowing one to assess KLX Energy's position in the current industry cycle.
Future (predicted) profit of the market as a whole
KLX Energy Services provides services to the US oil and gas industry. Its activity and revenue are directly dependent on drilling and production volumes, which in turn are determined by oil and gas prices. This chart, reflecting economic expectations, helps forecast future energy demand and, consequently, investment activity among KLX clients.
P/S of the company, segment and market as a whole
P/S - KLX Energy Services
KLX Energy Services provides services to the oil and gas industry. This chart shows how the market values โโits revenue, which is highly dependent on drilling activity and energy prices. The ratio is a barometer of the energy sector's health.
P/S market segment - Oil and gas services
KLX Energy Services Holdings provides a wide range of oilfield services to companies engaged in onshore oil and gas production in North America. This chart reflects the average revenue estimate for the oilfield services sector. It provides an insight into how investors perceive KLX's revenue, which is highly dependent on drilling activity and energy prices.
P/S of the market as a whole
KLX Energy Services provides a wide range of services to onshore oil and gas companies in the United States, from drilling to well servicing. The company's revenue is directly dependent on activity in the oil and gas production sector. This chart, showing average market revenue estimates, clearly demonstrates how investors view the cyclical and competitive oilfield services sector.
Future P/S of the company, segment and market as a whole
Future (projected) P/S of the company KLX Energy Services
KLX Energy Services provides specialized services to onshore oil and gas companies in the US, such as hydraulic fracturing and equipment rentals. Its estimated future revenue, shown in this chart, is closely tied to drilling activity and oil and gas prices, making it cyclical and volatile.
Future (projected) P/S of the market segment - Oil and gas services
KLX Energy Services provides a wide range of services to onshore oil and gas companies in the US, including drilling, well completions, and production operations. Its operations are directly dependent on industry activity. This chart shows how investors value its service revenues relative to the oil and gas services sector.
Future (projected) P/S of the market as a whole
KLX Energy Services provides services to oil and gas companies operating onshore in the United States. Its activity is directly dependent on drilling volumes. This chart, reflecting expectations for energy demand growth, is a leading indicator for KLX. Economic growth requires more oil and gas, prompting producers to increase drilling activity and hire service companies like KLX.
Sales of the company, segment and market as a whole
Company sales KLX Energy Services
KLX Energy Services provides a wide range of services to onshore oil and gas companies in the US, including drilling, well completions, and workovers. This chart shows revenue from these services. Its dynamics are a direct indicator of activity in the oil and gas production sector, depending on energy prices and the number of active drilling rigs.
Sales of companies in the market segment - Oil and gas services
KLX Energy Services Holdings is a leading provider of onshore oil and gas services in North America. The company's business is divided into several segments by service type, including drilling, well completions (including hydraulic fracturing), and production. This chart shows revenue from one of these key areas, reflecting activity in the sector.
Overall market sales
KLX Energy Services provides services to oil and gas companies, such as drilling and well workover. The company's activity is directly dependent on the level of drilling activity in the US, which, in turn, is determined by oil and gas prices. KLX is an accurate barometer of the health and investment activity of the American oilfield services sector.
Future sales volume of the company, segment and market as a whole
Future (projected) sales of the company KLX Energy Services
KLX Energy Services provides a wide range of oilfield services, including drilling, well completions, and workovers, to oil and gas companies in North America. Its revenue forecast is directly dependent on onshore drilling and production activity in the US, serving as a barometer for the health and capital expenditure levels of the US oil and gas industry.
Future (projected) sales of companies in the market segment - Oil and gas services
KLX Energy Services provides a wide range of services to onshore oil and gas companies in North America. This chart reflects expectations for the entire oilfield services sector. It helps assess analysts' forecasts for drilling activity and capital expenditures from producers, which drives demand for KLX's services.
Future (projected) sales of the market as a whole
KLX Energy Services provides services to oil and gas companies. Demand for its services is directly dependent on drilling and production volumes. This chart of overall sales forecasts is an indicator of expected economic activity, which determines energy demand and, consequently, KLX client activity.
Marginality of the company, segment and market as a whole
Company marginality KLX Energy Services
KLX Energy Services Holdings provides a wide range of services to onshore oil and gas companies in the United States, from drilling to well completion. The company's profitability is directly dependent on sector activity and oil prices. This chart shows how service contract revenues translate into profits in a cyclical energy market.
Market segment marginality - Oil and gas services
KLX Energy Services provides a wide range of services for oil and gas companies, from drilling to well servicing. Profitability in this sector is directly dependent on oil prices and drilling activity, as well as the efficient management of personnel and expensive equipment. The chart shows their position in the competitive oilfield services market.
Market marginality as a whole
KLX Energy Services provides a wide range of services to oil and gas companies operating onshore in North America. Its profitability is directly dependent on drilling and production activity. This chart reflects overall profitability, but for KLXE, oil and gas prices and the number of active drilling rigs are the primary indicators determining demand for its services.
Employees in the company, segment and market as a whole
Number of employees in the company KLX Energy Services
KLX Energy Services provides services to oil and gas companies. This graph shows a large team working in the field. The size of this team is very sensitive to oil and gas prices: when drilling activity increases, the team expands, and vice versa.
Share of the company's employees KLX Energy Services within the market segment - Oil and gas services
KLX Energy Services provides a wide range of services for oil and gas companies, from drilling to well servicing. It's a labor-intensive business, requiring a large number of field workers. This chart directly reflects its operational scale and its importance as an employer in the oilfield services industry.
Number of employees in the market segment - Oil and gas services
KLX Energy Services provides a wide range of services to oil and gas companies operating onshore in North America. This chart shows employment in the oil and gas services sector. The growth in field employment is directly related to increased drilling activity, which drives demand for KLX equipment and services.
Number of employees in the market as a whole
KLX Energy Services serves the oil and gas industry. Its business is entirely dependent on activity in the sector. This trend can correlate with oil prices, which determine whether production companies will invest in drilling and well servicing, creating work for KLXE.
Market capitalization per employee (in thousands of dollars) of the company, segment, and market as a whole
Market capitalization per employee (in thousands of dollars) of the company KLX Energy Services (KLXE)
KLX Energy Services Holdings, Inc. provides services to the oil and gas industry. Service companies in this sector require both expensive equipment and qualified personnel to operate in the fields. This chart shows a moderate value reflecting this balance between capital and labor costs.
Market capitalization per employee (in thousands of dollars) in the market segment - Oil and gas services
KLX Energy Services provides a wide range of services for the oil and gas industry. In this sector, the cost per employee indicator reflects the value of specialized equipment and personnel expertise. It helps assess how effectively the company utilizes its assets and team to serve upstream companies.
Market capitalization per employee (in thousands of dollars) for the overall market
KLX Energy Services provides a wide range of services for oil and gas companies, from drilling to well completion. It's a cyclical and labor-intensive business, directly dependent on industry activity. The chart shows market performance estimates for the oilfield services sector.
Profit per employee (in thousands of dollars) for the company, segment, and market as a whole
Profit per employee (in thousands of dollars) of the company KLX Energy Services (KLXE)
KLX Energy Services provides specialized services and equipment to onshore oil and gas companies in the US (e.g., hydraulic fracturing). It's a cyclical, operations-intensive business. This chart shows how efficiently their field crews and engineers can perform complex well operations, generating profits based on drilling activity.
Profit per employee (in thousands of dollars) in the market segment - Oil and gas services
KLX Energy Services provides a wide range of services for the oil and gas industry, from drilling to well completion. In the oilfield services industry, the efficiency of field crews and equipment utilization directly impacts profits. This chart shows how productive the company is in utilizing its labor resources in challenging field conditions compared to its competitors.
Profit per employee (in thousands of dollars) for the market as a whole
KLX Energy Services (KLXE) provides services for the oil and gas industry (drilling and fracking). It's a demanding, cyclical service business. Earnings per employee (field personnel) are highly dependent on oil prices and drilling activity. The chart shows how effectively the company manages its crews in a volatile market.
Sales to employees of the company, segment and market as a whole
Sales per company employee KLX Energy Services (KLXE)
KLX Energy Services provides services for the oil and gas industry, such as drilling and well completions. This chart serves as a barometer of industry activity. Revenue per employee is directly dependent on oil and gas prices, as well as the number of active drilling rigs.
Sales per employee in the market segment - Oil and gas services
KLX Energy Services provides a wide range of field services for oil and gas companies in the US (fracking, cementing, equipment rental). This chart compares KLXE's revenue per employee to the industry average. In the oilfield services industry, this is a direct indicator of the productivity of their crews and equipment.
Sales per employee for the market as a whole
KLX Energy Services (KLXE) provides services and equipment to onshore oil and gas companies in the United States. They assist with drilling and well completions. This is a labor- and capital-intensive service business. This chart shows the revenue generated by each of their crews and equipment "in the field," and it varies greatly depending on drilling activity.
Short shares by company, segment and market as a whole
Shares shorted by company KLX Energy Services (KLXE)
KLX Energy Services (KLXE) provides services to oil and gas companies (drilling equipment, cementing). It's a highly cyclical business, and one of the first to suffer when oil prices fall and drilling activity declines. This chart shows the number of investors betting on just such a decline in the oil and gas sector.
Shares shorted by market segment - Oil and gas services
KLX Energy Services provides onshore oilfield services in the US. They assist oilfield operators with drilling, hydraulic fracturing (fracking), and well servicing. This chart shows bets against the oilfield services sector. It reflects investor expectations that oilfield operators will curtail drilling activity due to falling oil or gas prices.
Shares shorted by the overall market
KLX Energy provides services to oil and gas companies (drilling and well servicing). This business is extremely sensitive to oil prices. This chart illustrates the general fear of a recession. Investors expect an economic downturn to reduce demand for fuel, and oil companies will immediately cut drilling budgets, which will hurt KLXE.
RSI 14 indicator for a company, segment, and market as a whole
The company's RSI 14 indicator KLX Energy Services (KLXE)
KLX Energy Services provides oilfield services (equipment, labor) to drilling companies in the US. Their business is a pure cycle, dependent on oil and gas prices. This chart tracks this cycle: "overbought" (above 70) at the peak of drilling activity and "oversold" (below 30) during energy downturns.
RSI 14 Market Segment - Oil and gas services
KLX Energy Services is an oilfield services company providing a wide range of services (such as equipment rentals and hydraulic fracturing) to onshore oil and gas companies (E&P) in the United States. This chart tracks the collective momentum of the oilfield services sector. It helps understand whether KLXE's performance is driven by overall drilling activity or its market position.
RSI 14 for the overall market
KLX Energy Services (KLXE) provides drilling services. This chart reflects activity in the oil and gas industry. During periods of euphoria and high oil prices, drilling activity is in full swing, and KLXE's services are in demand. During periods of panic and falling prices, drilling halts, and its equipment sits idle as companies "freeze" capital expenditures.
Analyst consensus forecast for the company's share price, the segment, and the market as a whole
Analyst consensus stock price forecast KLXE (KLX Energy Services)
KLX Energy Services (KLXE) provides a wide range of oilfield services and equipment (including coiled tubing) to onshore drilling companies in the United States. This chart shows the average price target from analysts, which is directly related to their forecasts for oil/gas prices and drilling activity in North America.
The difference between the consensus estimate and the actual stock price KLXE (KLX Energy Services)
KLX Energy is an oilfield services company providing critical equipment (for drilling and well completions) and onshore services in the United States. This chart measures the gap between the current price and the consensus target price. It shows whether experts believe in the E&P capital expenditure cycle, which is directly dependent on oil prices and drilling activity.
Analyst consensus forecast for stock prices by market segment - Oil and gas services
KLX Energy (KLXE) is an oilfield services company providing equipment and well completion services (fracking, coiled tubing) in US shale basins. This chart shows analysts' overall expectations for the entire oilfield services sector. It reflects whether experts believe drilling activity will increase or whether they expect shale production to slow.
Analysts' consensus forecast for the overall market share price
KLX Energy (KLXE) is a "special forces" company in the US shale fields. They provide oilfield services and equipment needed for drilling and hydraulic fracturing. Their business is highly cyclical. This chart shows economic expectations. It reflects analysts' confidence in the growth in energy demand that drives drilling.
AKIMA index of the company, segment and market as a whole
AKiMA Company Index KLX Energy Services
KLX Energy is the special forces of the oilfield services industry. They don't drill wells, but rather provide the full range of services and equipment necessary for their completionโfrom tool rental to cementing and fracking. This chart is a barometer of the shale industry. It reflects their fleet utilization rate, which is directly related to capital expenditures (CapEx) and drilling activity in the US.
AKIMA Market Segment Index - Oil and gas services
KLX Energy Services (KLXE) provides a wide range of oil and gas field services, including hydraulic fracturing (fracking), drilling fluids, and equipment rental. Their success is directly dependent on drilling activity in the US. The chart shows the average index for the segment, helping investors assess how effectively KLXE performs in this cyclical industry compared to the industry average.
The AKIM Index for the overall market
KLX Energy Services is a provider of drilling and production services to the onshore oil and gas industry in the United States. This chart, which reflects the market average, is a backdrop. It helps assess how KLXE, which is dependent on drilling activity and energy prices, compares to overall macroeconomic fluctuations.