Four-pillar Strategy
Performance-Centered, People-Driven
Guided by a four-pillar strategy focused on financial and operational stability, product innovation and leveraging its products and services, KLX Energy Services pursues Next Level Readiness from the board room to the rig site.
Operational Excellence
Financial Strength
Growth & Technology
Consolidation
Operational Excellence
- Provide market leading onsite job execution and safety
- Drive margin enhancing utilization
- Focus on pricing and cost structure to drive margins
- Expand share of wallet with top customers
Financial Strength
- Continue to de-lever through a combination of EBITDA growth, free cash flow generation, debt reduction and consolidation
Growth & Technology
- Expand integrated suite of proprietary technology and products
- Expand certain Product Service Lines geographically
- Continue to redeploy and expand our asset base in certain Product Service Lines as returns warrant
Consolidation
- Believe KLX is the partner of choice for consolidation
- Structure win-win transactions, providing a conduit to liquidity for exceptional private oil service businesses
- Maximize long-term shareholder value via synergistic consolidation
Driving Sustainability
KLX is always ready to help operators overcome any challenge. We actively work to minimize our environmental impact by reducing vehicle emissions through decreased idling time and transitioning our fleet to electric vehicles where possible. Our commitment to water conservation is demonstrated by our investment in water recycling systems at facilities with high water usage and we continuously seek cost-effective solutions to reduce liquid waste. We prioritize the well-being and safety of our employees, ensuring that everyone returns home safely each day. KLX is dedicated to making decisions that benefit our business, our people and the communities where we live and work, ensuring a sustainable future for all.