KLX Energy Services Holdings, Inc. Announces Board Resignations
May 07, 2021 at 02:21 pm
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On May 3, 2021, the board of directors of KLX Energy Services Holdings, Inc. determined to reduce the size of the Board from nine to seven members, effective as of the date of the Company's 2021 annual meeting of stockholders, to be held on June 8, 2021 (the Annual Meeting"). In connection with the Board's determination to reduce the size of the Board, Stephen M. Ward, Jr. submitted a letter of resignation from his position as a Class II director of the Company, effective as of the date of the Annual Meeting. Additionally, for the same reason stated above, Dalton Boutt, Jr. is not standing for election as a Class III director of the Company at the Annual Meeting.
KLX Energy Services Holdings, Inc. is a provider of diversified oilfield services to onshore oil and natural gas exploration and production companies operating in both conventional and unconventional plays in all of the active basins throughout the United States. It operates in three segments: the Southwest Region (the Permian Basin and Eagle Ford Shale), the Rocky Mountains Region (the Bakken, Williston, DJ, Uinta, Powder River, Piceance, and Niobrara basins) and the Northeast/Mid-Con Region (the Marcellus and Utica Shale as well as the Mid-Continent STACK and SCOOP and Haynesville). Its primary services include directional drilling, coiled tubing, hydraulic frac rentals, fishing, pressure control, wireline, rig-assisted snubbing, fluid pumping, flowback, testing, pressure pumping, and well control services. Its primary rentals and products include hydraulic fracturing stacks, blow out preventers, tubulars, downhole tools, dissolvable plugs, composite plugs, and accommodation units.
KLX ENERGY SERVICES HOLDINGS, INC. 
