NYSE:CLB - Core Laboratories Stock Price, News & Analysis

$36.81
-1.34 (-3.51 %)
(As of 08/25/2019 11:31 AM ET)
Today's Range
$36.6150
Now: $36.81
$38.47
50-Day Range
$36.77
MA: $47.46
$54.96
52-Week Range
$36.61
Now: $36.81
$122.11
Volume441,827 shs
Average Volume748,961 shs
Market Capitalization$1.63 billion
P/E Ratio16.14
Dividend Yield5.77%
Beta1.91
Core Laboratories N.V. provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, Canada, and internationally. The company operates in two segments, Reservoir Description and Production Enhancement segments. The Reservoir Description segment includes the characterization of petroleum reservoir rock, fluid, and gas samples to enhance production and improve recovery of oil and gas from its clients' reservoirs. Read More…

Industry, Sector and Symbol

Industry Oil & gas field services, not elsewhere classified
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone31-20-420-3191

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$700.85 million
Cash Flow$2.7106 per share
Book Value$4.34 per share

Profitability

Net Income$79.52 million

Miscellaneous

Employees4,700
Market Cap$1.63 billion
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable

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Core Laboratories (NYSE:CLB) Frequently Asked Questions

What is Core Laboratories' stock symbol?

Core Laboratories trades on the New York Stock Exchange (NYSE) under the ticker symbol "CLB."

How often does Core Laboratories pay dividends? What is the dividend yield for Core Laboratories?

Core Laboratories announced a quarterly dividend on Friday, July 12th. Shareholders of record on Monday, July 22nd will be paid a dividend of $0.55 per share on Monday, August 12th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 5.98%. The ex-dividend date is Friday, July 19th. View Core Laboratories' Dividend History.

How were Core Laboratories' earnings last quarter?

Core Laboratories (NYSE:CLB) released its earnings results on Wednesday, July, 24th. The oil and gas company reported $0.46 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.46. The oil and gas company had revenue of $169.04 million for the quarter, compared to the consensus estimate of $173.46 million. Core Laboratories had a return on equity of 51.19% and a net margin of 14.30%. Core Laboratories's quarterly revenue was down 3.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.59 EPS. View Core Laboratories' Earnings History.

When is Core Laboratories' next earnings date?

Core Laboratories is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Core Laboratories.

What guidance has Core Laboratories issued on next quarter's earnings?

Core Laboratories updated its third quarter earnings guidance on Wednesday, July, 24th. The company provided earnings per share (EPS) guidance of $0.48-0.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.50. The company issued revenue guidance of $171-175 million, compared to the consensus revenue estimate of $179.03 million.

What price target have analysts set for CLB?

15 equities research analysts have issued twelve-month target prices for Core Laboratories' stock. Their forecasts range from $52.00 to $120.00. On average, they anticipate Core Laboratories' stock price to reach $75.5455 in the next year. This suggests a possible upside of 105.2% from the stock's current price. View Analyst Price Targets for Core Laboratories.

What is the consensus analysts' recommendation for Core Laboratories?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Core Laboratories in the last year. There are currently 1 sell rating, 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Core Laboratories.

Has Core Laboratories been receiving favorable news coverage?

News stories about CLB stock have trended positive this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Core Laboratories earned a news impact score of 2.5 on InfoTrie's scale. They also gave press coverage about the oil and gas company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the next few days. View News Stories for Core Laboratories.

Are investors shorting Core Laboratories?

Core Laboratories saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 3,819,300 shares, an increase of 16.2% from the June 30th total of 3,286,000 shares. Based on an average daily volume of 694,300 shares, the short-interest ratio is presently 5.5 days. Currently, 8.8% of the company's shares are short sold. View Core Laboratories' Current Options Chain.

Who are some of Core Laboratories' key competitors?

What other stocks do shareholders of Core Laboratories own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Core Laboratories investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Micron Technology (MU), Starbucks (SBUX), Baidu (BIDU), Athabasca Oil (ATH), NIC (EGOV) and Netflix (NFLX).

Who are Core Laboratories' key executives?

Core Laboratories' management team includes the folowing people:
  • Mr. David M. Demshur, CEO & Chairman of Supervisory Board (Age 64)
  • Mr. Lawrence V. Bruno, COO, Pres & Supervisory Director (Age 59)
  • Mr. Christopher Scott Hill, Sr. VP & CFO (Age 49)
  • Mr. Kevin G. Daniels, Chief Accounting Officer, Treasurer & VP (Age 55)
  • Ms. Gwendolyn Y. Schreffler M.B.A., Sr. VP of Corp. Devel. & Investor Relations

Who are Core Laboratories' major shareholders?

Core Laboratories' stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.50%), BlackRock Inc. (7.30%), Earnest Partners LLC (5.20%), Kayne Anderson Rudnick Investment Management LLC (3.53%), Van ECK Associates Corp (2.87%) and JPMorgan Chase & Co. (2.76%). Company insiders that own Core Laboratories stock include Gregory Barry Barnett, Jan Willem Sodderland and Kevin Daniels. View Institutional Ownership Trends for Core Laboratories.

Which major investors are selling Core Laboratories stock?

CLB stock was sold by a variety of institutional investors in the last quarter, including Evercore Wealth Management LLC, Envestnet Asset Management Inc., Parametric Portfolio Associates LLC, Northern Trust Corp, Schroder Investment Management Group, Russell Investments Group Ltd., Grandeur Peak Global Advisors LLC and BNP Paribas Arbitrage SA. View Insider Buying and Selling for Core Laboratories.

Which major investors are buying Core Laboratories stock?

CLB stock was purchased by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Manning & Napier Group LLC, Earnest Partners LLC, Granite Investment Partners LLC, Teacher Retirement System of Texas, Marshall Wace North America L.P., Steadfast Capital Management LP and Bell Asset Management Ltd. Company insiders that have bought Core Laboratories stock in the last two years include Gregory Barry Barnett and Jan Willem Sodderland. View Insider Buying and Selling for Core Laboratories.

How do I buy shares of Core Laboratories?

Shares of CLB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Core Laboratories' stock price today?

One share of CLB stock can currently be purchased for approximately $36.81.

How big of a company is Core Laboratories?

Core Laboratories has a market capitalization of $1.63 billion and generates $700.85 million in revenue each year. The oil and gas company earns $79.52 million in net income (profit) each year or $2.28 on an earnings per share basis. Core Laboratories employs 4,700 workers across the globe.View Additional Information About Core Laboratories.

What is Core Laboratories' official website?

The official website for Core Laboratories is http://www.corelab.com/.

How can I contact Core Laboratories?

Core Laboratories' mailing address is STRAWINSKYLAAN 913 TOWER A LEVEL 9, AMSTERDAM P7, 1077 XX. The oil and gas company can be reached via phone at 31-20-420-3191 or via email at [email protected]


MarketBeat Community Rating for Core Laboratories (NYSE CLB)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  415 (Vote Outperform)
Underperform Votes:  546 (Vote Underperform)
Total Votes:  961
MarketBeat's community ratings are surveys of what our community members think about Core Laboratories and other stocks. Vote "Outperform" if you believe CLB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CLB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/25/2019 by MarketBeat.com Staff

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