The company positions itself as a leading energy services company in the subsea segment with a team of experts in engineering and manufacturing. It sells products and services through a sales force to energy companies, subsea equipment manufacturers, and offshore drilling contractors.
Cyborg Score Rationale
The company reported trailing twelve-month revenue of $24.1M with a net loss of $38K. KLNG's weekly volatility (11%) has been stable but is still higher than 75% of US stocks. Filing delays and modest profitability present execution risks.
Top Insights
The company announced delays in SEC filing deadlines (10-Q in May 2025 and 10-K in March 2025), indicating operational or disclosure challenges.
The company rebranded from Deep Down, Inc. to Koil Energy Solutions Inc. in April 2022, repositioning its market identity.
MAZ Partners LP announced activist shareholding intent in July 2024 to maximize shareholder value.
Core service offerings include engineering, project management, spooling, testing, commissioning, and refurbishment of recovered subsea equipment.
Named Competitors
Helix Energy Solutions — Diversified offshore energy services
Superior Energy Services — Subsea and offshore services
Weatherford — Well construction and intervention services
Recent Developments
(May 2026) Reported Q1 2026 results on May 15, 2026
(March 2026) Reported Q4 2025 results on March 31, 2026; earlier announced inability to file 10-K by deadline
(April 2025) Board appointed Mads Andersen as independent, non-executive director
Open the full interactive Koil Energy Solutions, Inc. report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.