Is KLX Energy (KLXE) Stock Outpacing Its Oils-Energy Peers This Year?

Group 1 - KLX Energy Services (KLXE) is part of the Oils-Energy group, which consists of 234 companies and is currently ranked 15 in the Zacks Sector Rank [2] - KLXE has a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - The Zacks Consensus Estimate for KLXE's full-year earnings has increased by 6% over the past 90 days, reflecting improved analyst sentiment [3] Group 2 - KLXE has returned approximately 24.3% year-to-date, outperforming the average gain of 16.1% for Oils-Energy stocks [4] - Another stock in the Oils-Energy sector, Precision Drilling (PDS), has also outperformed with a year-to-date return of 22.7% [4] - KLXE belongs to the Oil and Gas - Field Services industry, which is ranked 71 in the Zacks Industry Rank, with an average gain of 28.9% this year, indicating slight underperformance relative to its industry [6] Group 3 - Precision Drilling is categorized under the Oil and Gas - Drilling industry, currently ranked 88, which has seen a significant increase of 40.4% since the beginning of the year [7] - Investors in the Oils-Energy sector should monitor both KLX Energy Services and Precision Drilling for their ongoing performance [7]