Koil Energy Solutions, Inc. (KLNG)

USD 1.9

(-2.56%)

Market Cap (In USD)

23.53 Million

Revenue (In USD)

15.34 Million

Net Income (In USD)

-1.55 Million

Avg. Volume

33.44 Thousand

Currency
USD
Country
Energy
Open
-
Prev. Close
-
Day Range
-
Year Range
0.42-2.17
PE
-
EPS
-
Beta Value
1.316
ISIN
US24372A3059
CUSIP
-
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Energy
Industry
Oil & Gas Equipment & Services
CEO
Mr. Erik Wiik
Employee Count
-
Website
https://www.koilenergy.com
Ipo Date
2000-06-23
Details
Koil Energy Solutions, Inc., an energy services company, provides equipment and support services to the energy and offshore industries. It offers engineering and project management services, including the design, installation, and retrieval of subsea equipment and systems; connection and termination operations services; well-commissioning services; and construction support services. The company also provides project management and engineering; spooling; testing and commissioning; storage management; and refurbishment and repurposing of recovered subsea equipment, as well as support services for offshore interventions. In addition, it offers loose steel tube flying lead and umbilical hardware products, as well as riser isolation valves and subsea isolation valve services. Further, the company provides installation aids, including flying lead installation systems, tensioners, lay chutes, buoyancy modules, clump weights, mud mats, pumping and testing skids, control booths, fluid drum carriers, under-rollers, carousels, running and parking deployment frames, termination shelters, pipe straighteners, subsea deployment basket system, horizontal drive units, and rapid deployment cartridges. It serves energy companies, subsea equipment manufacturers, subsea equipment installation contractors, offshore drilling contractors, engineering and construction companies, and other companies involved in maritime operations. The company was formerly known as Deep Down, Inc. and changed its name to Koil Energy Solutions Inc. in April 2022. Koil Energy Solutions Inc. was founded in 1997 and is headquartered in Houston, Texas.