KLX Energy Services (KLXE) Form 3 KLX Energy Services / Stuart D Porter ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:	3235-0104
Estimated average burden
hours per response:	0.5

1. Name and Address of Reporting Person^*

Porter Stuart D

(Last) (First) (Middle)

185 DARTMOUTH STREET

7TH FLOOR

(Street)

BOSTON MA 02116

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/08/2023

3. Issuer Name and Ticker or Trading Symbol
KLX Energy Services Holdings, Inc. [ KLXE ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	2,402,852	I	See footnotes(1)(2)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Porter Stuart D

(Last) (First) (Middle)

185 DARTMOUTH STREET

7TH FLOOR

(Street)

BOSTON MA 02116

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Denham Capital Management GP LLC

(Last) (First) (Middle)

185 DARTMOUTH STREET

7TH FLOOR

(Street)

BOSTON MA 02116

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Denham Capital Management LP

(Last) (First) (Middle)

185 DARTMOUTH STREET

7TH FLOOR

(Street)

BOSTON MA 02116

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Denham IV Continuation GP LLC

(Last) (First) (Middle)

185 DARTMOUTH STREET

7TH FLOOR

(Street)

BOSTON MA 02116

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Denham IV Continuation Fund GP LP

(Last) (First) (Middle)

185 DARTMOUTH STREET

7TH FLOOR

(Street)

BOSTON MA 02116

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Denham IV Continuation Fund LP

(Last) (First) (Middle)

185 DARTMOUTH STREET

7TH FLOOR

(Street)

BOSTON MA 02116

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Greene's Investment Holdings LLC

(Last) (First) (Middle)

185 DARTMOUTH STREET

7TH FLOOR

(Street)

BOSTON MA 02116

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Greene's Holding Corp

(Last) (First) (Middle)

185 DARTMOUTH STREET

7TH FLOOR

(Street)

BOSTON MA 02116

(City) (State) (Zip)

Explanation of Responses:

1. These shares are held directly by Greene's Holding Corporation ("GHC"). Greene's Investment Holdings LLC ("GIH") is the majority owner of GHC. Denham IV Continuation Fund LP ("Denham IV Fund") is the sole owner of GIH. Denham IV Continuation Fund GP LP ("Denham IV Fund GP") is the general partner of Denham IV Fund. Denham IV Continuation GP LLC ("Denham IV GP") is the general partner of Denham IV Fund GP. Denham Capital Management LP ("DCM") serves as investment adviser to Denham IV Fund. Denham Capital Management GP LLC ("DCM GP") is the general partner of DCM. Stuart D. Porter is the sole owner of DCM GP and the controlling member of Denham IV GP, and serves as Chief Executive Officer and Chief Investment Officer of DCM.

2. Because of the relationship among GHC, GIH, Denham IV Fund, Denham IV Fund GP, Denham IV GP, DCM, DCM GP and Mr. Porter (collectively, the "Reporting Persons"), each of the Reporting Persons may be deemed to be the beneficial owner of these shares held directly by GHC. Each of the Reporting Persons disclaims beneficial ownership of these securities in excess of its or his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or for any other purpose.

	/s/ Stuart D. Porter	03/20/2023
	Denham Capital Management GP LLC, By: /s/ Anthony Fiore, Chief Legal Officer	03/20/2023
	Denham Capital Management LP, By: /s/ Anthony Fiore, Chief Legal Officer	03/20/2023
	Denham IV Continuation GP LLC, By: /s/ Anthony Fiore, Managing Director	03/20/2023
	Denham IV Continuation Fund GP LP, By: Denham IV Continuation GP LLC, its General Partner, By: /s/ Anthony Fiore, Managing Director	03/20/2023
	Denham IV Continuation Fund LP, By: Denham IV Continuation Fund GP LP, its General Partner, By: Denham IV Continuation GP LLC, its General Partner, By: /s/ Anthony Fiore, Managing Director	03/20/2023
	Greene's Investment Holdings LLC, By: /s/ Cody Nicholson, Secretary	03/20/2023
	Greene's Holding Corporation, By: /s/ Steven Smith, Director	03/20/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.