KLX Competitors
| KLXE Stock | USD 2.54 0.32 14.41% |
KLX Energy vs PTL Correlation
Very good diversification
The correlation between KLX Energy Services and PTLE is -0.45 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding KLX Energy Services and PTLE in the same portfolio, assuming nothing else is changed.
Moving together with KLX Stock
| 0.68 | TW1 | Tenaris SA Earnings Call This Week | PairCorr |
| 0.71 | TS | Tenaris SA ADR | PairCorr |
| 0.64 | CEU | CES Energy Solutions | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of KLX Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
KLX Energy Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between KLX Energy and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of KLX and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of KLX Energy Services does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between KLX Stock performing well and KLX Energy Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze KLX Energy's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NINE | 12.19 | 0.66 | 0.04 | 0.17 | 19.63 | 18.87 | 227.54 | |||
| USEG | 3.38 | (0.07) | 0.00 | (0.09) | 0.00 | 7.07 | 20.41 | |||
| BATL | 8.81 | 2.76 | 0.38 | 0.78 | 5.83 | 17.08 | 235.37 | |||
| EONR | 4.42 | (0.32) | 0.00 | 0.60 | 0.00 | 9.09 | 22.44 | |||
| INDO | 4.40 | 0.68 | 0.11 | (5.40) | 5.31 | 10.28 | 29.93 | |||
| SPWR | 2.99 | (0.23) | 0.00 | (0.04) | 0.00 | 6.96 | 16.38 | |||
| VVPR | 6.99 | (0.50) | 0.00 | (0.11) | 0.00 | 13.39 | 47.90 | |||
| CKX | 1.55 | (0.01) | (0.01) | 0.04 | 2.36 | 3.61 | 17.28 | |||
| BANL | 3.32 | (0.50) | 0.00 | 0.72 | 0.00 | 6.67 | 33.81 | |||
| PTLE | 4.86 | (0.83) | 0.00 | (0.34) | 0.00 | 10.00 | 33.57 |
Cross Equities Net Income Analysis
Compare KLX Energy Services and related stocks such as Nine Energy Service, US Energy Corp, and Battalion Oil Corp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NINE | 52.8 M | 52.8 M | 52.8 M | 52.8 M | 52.8 M | (39.1 M) | (70.9 M) | (67.7 M) | (53 M) | (217.8 M) | (378.9 M) | (64.6 M) | 14.4 M | (32.2 M) | (41.1 M) | (37 M) | (38.8 M) |
| USEG | (5 M) | (4.8 M) | (11.2 M) | (7.4 M) | (2.1 M) | (92.9 M) | (14.1 M) | (1.4 M) | (1 M) | (550 K) | (6.4 M) | (1.8 M) | (963 K) | (32.4 M) | (25.8 M) | (23.2 M) | (22 M) |
| BATL | 2.1 M | (1.4 M) | (53.9 M) | (1.2 B) | 316 M | (1.9 B) | (467.2 M) | 535.7 M | 46 M | (1.1 B) | (229.7 M) | (28.3 M) | 18.5 M | (3 M) | (31.9 M) | (28.7 M) | (30.1 M) |
| EONR | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | (13.8 K) | 18.3 M | (4 M) | (9.1 M) | (8.2 M) | (7.8 M) |
| INDO | (3.2 M) | (3.2 M) | (3.2 M) | (3.2 M) | (3.2 M) | (3.2 M) | (3.2 M) | (1.6 M) | 145.7 K | (1.7 M) | (7 M) | (6.1 M) | (3.1 M) | (2.6 M) | (6.3 M) | (5.7 M) | (5.4 M) |
| SPWR | (2.9 M) | (613.7 M) | (352 M) | 95.6 M | 245.9 M | (187 M) | (448.6 M) | (929.1 M) | (811.1 M) | 22.2 M | (5.7 M) | (9.3 M) | (29.5 M) | (269.6 M) | (56.5 M) | (32.3 M) | (33.9 M) |
| VVPR | (281 K) | (281 K) | (281 K) | (281 K) | (281 K) | (281 K) | 5.6 M | (27.9 M) | (11.2 M) | (5.1 M) | (7.6 M) | (22.1 M) | (20.1 M) | (46.7 M) | (12.8 M) | (11.2 M) | (11.8 M) |
| CKX | 348.8 K | 951.8 K | 2.2 M | 969.8 K | 1.3 M | 463 K | 170.7 K | 522.9 K | 1.1 M | 249.9 K | 339.4 K | 819.3 K | (1.3 M) | 143 K | 250.2 K | 225.2 K | 213.9 K |
| BANL | 2.9 M | 2.9 M | 2.9 M | 2.9 M | 2.9 M | 2.9 M | 2.9 M | 2.9 M | 2.9 M | 2.9 M | 2.9 M | 3.6 M | 3.7 M | 1.1 M | (3.7 M) | (3.4 M) | (3.2 M) |
| PTLE | 391.1 K | 391.1 K | 391.1 K | 391.1 K | 391.1 K | 391.1 K | 391.1 K | 391.1 K | 391.1 K | 391.1 K | 391.1 K | 391.1 K | 391.1 K | 936.1 K | (637.8 K) | (574 K) | (545.3 K) |
KLX Energy Services and related stocks such as Nine Energy Service, US Energy Corp, and Battalion Oil Corp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in KLX Energy Services financial statement analysis. It represents the amount of money remaining after all of KLX Energy Services operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.KLX Energy Competitive Analysis
The better you understand KLX Energy competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, KLX Energy's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across KLX Energy's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
KLX Energy Competition Performance Charts
Five steps to successful analysis of KLX Energy Competition
KLX Energy's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by KLX Energy Services in relation to its competition. KLX Energy's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of KLX Energy in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact KLX Energy's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to KLX Energy Services, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Will Oil & Gas Equipment & Services sector continue expanding? Could KLX diversify its offerings? Factors like these will boost the valuation of KLX Energy. Expected growth trajectory for KLX significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every KLX Energy data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.51) | Earnings Share (4.26) | Revenue Per Share | Quarterly Revenue Growth (0.12) | Return On Assets |
The market value of KLX Energy Services is measured differently than its book value, which is the value of KLX that is recorded on the company's balance sheet. Investors also form their own opinion of KLX Energy's value that differs from its market value or its book value, called intrinsic value, which is KLX Energy's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because KLX Energy's market value can be influenced by many factors that don't directly affect KLX Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that KLX Energy's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether KLX Energy represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, KLX Energy's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.