NEW YORK, NY / ACCESSWIRE / May 15, 2020 / The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders ...

KLX Energy Services Holdings, Inc. (“KLXE”) (KLXE) and Quintana Energy Services, Inc. (“QES”) (QES) today announced that they have entered into a definitive agreement whereby the companies will combine in an all-stock merger transaction. The combined company will have an industry-leading, asset-light product and service offering present in all major US onshore oil and gas basins, with more than $1 billion of pro forma fiscal year 2019 revenue and approximately $106 million in fiscal year 2019 adjusted EBITDA, excluding an estimated $40 million of annualized cost synergies and a strong liquidity profile with approximately $118 million of cash1 and a $100 million revolving credit facility.

Quintana Energy Services Inc. (NYSE: QES) ("QES" or the "Company"), a diversified oilfield services company operating in both conventional and unconventional plays in all of the active major basins throughout the U.S., today announced continued cost reduction actions in response to the current market volatility, operational disruption related to the COVID-19 pandemic, and the uncertain outlook for the US onshore oil and gas industry.

Quintana Energy's (QES) board decides to lay off nearly 20% of its workforce and slash up to 10-20% of the executives' salaries to compensate the coronavirus-caused economic downturn.

Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Quintana Energy Services Inc. ("Quintana" or the "Company") (NasdaqGS: QES) relating to the creation of a combined company between the Company and KLX Energy Services Holdings, Inc. Under the terms of the agreement, each share of Quintana common stock will be converted into the right to receive 0.4844 shares of KLX Energy common stock. KLX Energy will own 59% and Quintana stockholders will own 41% of the combined company.

NEW YORK, NY / ACCESSWIRE / May 15, 2020 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...

NEW YORK, NY / ACCESSWIRE / May 26, 2020 / The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders ...

BALA CYNWYD, PA / ACCESSWIRE / May 19, 2020 / Brodsky & Smith, LLC reminds investors of investigations it is conducting regarding the following companies for possible breaches of fiduciary duty and other ...

BALA CYNWYD, PA / ACCESSWIRE / May 14, 2020 / Brodsky & Smith, LLC reminds investors of investigations it is conducting regarding the following companies for possible breaches of fiduciary duty and other ...

NEW YORK, NY / ACCESSWIRE / May 4, 2020 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Quintana Energy Services, Inc. ("Quintana" ...

NEW YORK, May 21, 2020 -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice.

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Quintana Energy Services, Inc. (NYSE: QES) to KLX Energy Services Holdings, Inc. (NasdaqGS: KLXE). Under the terms of the proposed transaction, shareholders of Quintana will receive only 0.4844 shares of KLXE common stock for each share of Quintana that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Quintana Energy Services, Inc. ("QES" or the "Company") (NYSE: QES) in connection with the proposed acquisition of the Company by KLX Energy Services Holdings, Inc. ("KLXE") (NASDAQ: KLXE). Under the terms of the acquisition agreement, shareholders will receive 0.4844 shares of a KLXE common stock for QES share they own. This represents consideration of approximately $0.64 per QES share, based on KLXE's closing price of $1.32 on May 4, 2020.

NEW YORK, NY / ACCESSWIRE / May 18, 2020 / The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders ...

NEW YORK, May 15, 2020 -- KLX Energy Services Holdings, Inc. (KLXE) and Quintana Energy Services, Inc. (QES) Lifshitz Law Firm, P.C. announces investigation into possible.

NEW YORK, May 14, 2020 -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice.

It's nice to see the Quintana Energy Services Inc. (NYSE:QES) share price up 26% in a week. But that isn't much...

Quintana Energy Services Inc. (QES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Quintana Energy Services Inc. ("QES" or the "Company") (NYSE: QES) announced today that, on April 27, 2020, the Company was notified by the New York Stock Exchange ("NYSE") of its noncompliance with the NYSE's continued listing standards because the average closing price of shares of its common stock had fallen below $1.00 per share over a period of 30 consecutive trading days, which is the minimum average closing price per share required to maintain continued listing on the NYSE. The Company's Board of Directors is reviewing all available alternatives to return to compliance with the NYSE's continued listing standards.

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Quintana Energy Services, Inc. (QES) breached their fiduciary duties or violated the federal securities laws in connection with the company’s proposed merger with KLX Energy Services Holdings, Inc. On May 3, 2020 Quintana announced that it had signed an agreement to be acquired by KLX in an all-stock transaction. Per the merger agreement Quintana’s stockholders will receive 0.4844 shares of KLX common stock for each share of Quintana common stock owned.