Is KLX Energy Services Holdings, Inc. (KLXE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 770.2% / 30% | 204.6% / 30% | 216.4% / 30% | 0.35% / 5% | ✗ NOT HALAL |
| DJIM | 770.2% / 33% | 204.6% / 33% | 216.4% / 33% | 0.35% / 5% | ✗ NOT HALAL |
| MSCI | 75.6% / 33% | 20.1% / 33% | 21.2% / 33% | 0.35% / 5% | ✗ NOT HALAL |
| S&P | 770.2% / 33% | 204.6% / 33% | 216.4% / 33% | 0.35% / 5% | ✗ NOT HALAL |
| FTSE | 75.6% / 33% | 20.1% / 33% | 21.2% / 50% | 0.35% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 21.2% | |
| Operating Margin | -1.3% | |
| Net Margin | -12.1% | |
| Return on Assets (ROA) | -4.8% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $8M |
| Free Cash Flow | -$42M |
| Total Debt | $318M |
| Current Ratio | 1.2 |
| Total Assets | $340M |
Price & Trading
| Last Close | $2.79 |
| 50-Day MA | $2.57 |
| 200-Day MA | $2.05 |
| Avg Volume | 278K |
| Beta | 0.4 |
|
52-Week Range
$1.46
| |
About KLX Energy Services Holdings, Inc. (KLXE)
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; downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals and various technologies, including gamma ray, azimuthal gamma ray, real-time continuous inclination and azimuth, rotary steerable, pressure-while-drilling, mode shifting, stick-slip and destructive dynamics, dynamic sequencing and real-time shock, and vibration modules. The company also offers coiled tubing and nitrogen services; wireline services, including pump down perforating, logging, and pipe recovery; pressure control products and services; wellhead and hydraulic fracturing rental products and services; flowback and testing services; thru-tubing technologies and services; fishing services; rig assist snubbing services; cementing products and services; acidizing and pressure pumping services; and downhole completion tools, such as toe sleeves, wet shoe cementing bypass subs, composite plugs, dissolvable plugs, liner hangers, stage cementing tools, inflatables, float and casing equipment, and retrievable completion tools. In addition, it provides production services comprising maintenance-related intervention services; production blow out preventers; mechanical wireline services; hydro-testing services; premium tubulars; and other specialized production tools. Further, the company provides intervention services consist of technicians and equipment that are focused on providing customers engineered solutions to downhole complications. KLX Energy Services Holdings, Inc. was incorporated in 2018 and is headquartered in Houston, Texas.
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Frequently Asked Questions
Is KLX Energy Services Holdings, Inc. (KLXE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), KLX Energy Services Holdings, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is KLX Energy Services Holdings, Inc.'s debt ratio?
KLX Energy Services Holdings, Inc.'s debt ratio is 770.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 75.6%.
What are KLX Energy Services Holdings, Inc.'s key financial metrics?
KLX Energy Services Holdings, Inc. has a market capitalization of $55M, and revenue of $637M. The company maintains a gross margin of 21.2% and a net margin of -12.1%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.