KLX Energy Services Holdings provides oilfield services to onshore oil and natural gas exploration and production companies. Co.'s services include directional drilling, coiled tubing, thru tubing, hydraulic frac rentals, fishing, pressure control, wireline, rig-assisted snubbing, fluid pumping, flowback, testing, pressure pumping and well control services. Co.'s rentals and products include hydraulic fracturing stacks, blow out preventers, tubulars, downhole tools, dissolvable plugs, and accommodation units. The services and related tools and equipment Co. provides throughout the lifecycle of the well include drilling, completions, production and well intervention services and products. The KLXE average annual return since 2018 is shown above.
The Average Annual Return on the KLXE average annual return since 2018 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether KLXE average annual return since 2018 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the KLXE average annual return calculation with any dividends reinvested as applicable (on ex-dates).
|