← Back

Core Laboratories NV

Core Laboratories Inc. provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, and internationally. It operates through Reservoir Description and Production Enhancement segments. The Reservoir Description segment includes the characterization of petroleum reservoir rock and reservoir fluid samples to enhance production and improve recovery of crude oil and natural gas from its clients' reservoirs. It offers laboratory-based analytical and field services to characterize properties of crude oil and oil delivered products; and proprietary and joint industry studies, as well as services that support carbon capture, utilization and storage, geothermal projects, and the evaluation and appraisal of mining activities. The Production Enhancement segment provides services and products relating to reservoir well completions, perforations, stimulations, production, and well abandonment. It offers integrated diagnostic services to evaluate and monitor the effectiveness of well completions and to develop solutions to improve the effectiveness of enhanced oil recovery projects. The company markets and sells its products through a combination of sales representatives, technical seminars, trade shows, and print advertising, as well as through distributors. Core Laboratories Inc. was founded in 1936 and is based in Houston, Texas.

Price · split & dividend adjusted
News & notes moving CLB
CLB

Core Laboratories Q2 non-GAAP EPS beats estimates by $0.02

Core Laboratories reported second-quarter non-GAAP earnings per share of $0.11, beating analyst estimates by $0.02. Revenue came in at $124.6 million, a 4.3% decline from the prior year, missing expectations by $0.5 million.
Seeking Alpha·28dRead more ▾
CLB

Core Laboratories declares $0.01 quarterly dividend

Core Laboratories declared a quarterly dividend of $0.01 per share, in line with the previous payout. The dividend carries a forward yield of 0.41 percent and is payable on August 31 to shareholders of record as of August 10, with the ex-dividend date also set for August 10.
Seeking Alpha·28dRead more ▾
CLB

Stryker praised for cash flow, Baker Hughes and Core Laboratories flagged as risky

StockStory highlights Stryker as a cash-producing stock worth watching, while flagging Baker Hughes and Core Laboratories as facing challenges. Stryker's trailing 12-month free cash flow margin stands at 18.1%, with organic revenue growth averaging 9.2% over the past two years and EPS compounding at 12.2% annually over five years. Baker Hughes, with a free cash flow margin of 8.9%, has seen annual sales growth of 6.8% over five years and a gross margin of 22.1% that trails competitors. Core Laboratories, at a 3.5% free cash flow margin, posted muted 3.4% annual revenue growth over five years and a gross margin of 20.4%.
StockStory·55dRead more ▾
CLB

Kinder Morgan Highlighted as Energy Stock to Watch, Transocean and Core Laboratories Underwhelm

StockStory identified Kinder Morgan as an energy stock to watch, while naming Transocean and Core Laboratories as two that underwhelm. Kinder Morgan, with a market cap of $69.77 billion and revenue of $17.53 billion, benefits from its massive pipeline network and strong free cash flow. Transocean faces a 4.7% annual sales decline over ten years and a low free cash flow margin of 4.6%. Core Laboratories struggles with 3.4% annual sales growth over five years and a gross margin of 20.4%.
StockStory·58dRead more ▾
Energy Transition & Power Demandimpact 4

Oilfield Services Stocks Drop as Brent Crude Falls Below $80 on Iran Peace Deal

Shares of Noble Corporation, Valaris, and Core Laboratories fell sharply as Brent crude dropped below $80 per barrel for the first time since March, driven by the Iran peace deal removing a supply-disruption risk premium. Noble Corporation declined 4%, Valaris fell 4%, and Core Laboratories dropped 4.3%. The Strait of Hormuz will remain toll-free beyond the initial 60-day period, confirming the durability of the deal and further pressuring oil prices. Lower oil prices reduce revenue projections for E&P producers, which in turn cut drilling capex and reduce demand for oilfield services. Core Laboratories is down 27.9% year-to-date and trading 37.9% below its 52-week high.
Yahoo Finance·71dRead more ▾