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

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$64.25 -0.44 (-0.68 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$64.25
Today's Range$63.98 - $65.25
52-Week Range$56.72 - $130.34
Volume313,983 shs
Average Volume577,676 shs
Market Capitalization$2.85 billion
P/E Ratio28.37
Dividend Yield3.40%
Beta1.87
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. It operates in two segments, Reservoir Description and Production Enhancement segments. The Reservoir Description segment comprises the characterization of petroleum reservoir rock, fluid, and gas samples to enhance production and improve recovery of oil and gas from its clients' reservoirs. This segment offers laboratory-based analytical and field services to characterize properties of crude oil and petroleum products to the oil and gas industry. It also provides proprietary and joint industry studies. The Production Enhancement segment includes services and products relating to reservoir well completions, perforations, stimulations, and production. This segment 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 N.V. was founded in 1936 and is based in Amsterdam, the Netherlands.

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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$700.84 million
Cash Flow$2.3112 per share
Book Value$3.63 per share

Profitability

Net Income$79.52 million

Miscellaneous

Employees4,700
Market Cap$2.85 billion
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable

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 declared a quarterly dividend on Wednesday, January 16th. Stockholders of record on Friday, January 25th will be paid a dividend of $0.55 per share on Friday, February 15th. This represents a $2.20 annualized dividend and a dividend yield of 3.42%. The ex-dividend date of this dividend is Thursday, January 24th. View Core Laboratories' Dividend History.

How were Core Laboratories' earnings last quarter?

Core Laboratories (NYSE:CLB) posted its earnings results on Wednesday, January, 30th. The oil and gas company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.49 by $0.01. The oil and gas company had revenue of $173.20 million for the quarter, compared to the consensus estimate of $173.90 million. Core Laboratories had a return on equity of 63.86% and a net margin of 11.35%. The business's revenue for the quarter was up 1.8% on a year-over-year basis. During the same period last year, the company earned $0.58 earnings per share. 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, April 24th 2019. View Earnings Estimates for Core Laboratories.

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

Core Laboratories updated its first quarter earnings guidance on Wednesday, January, 30th. The company provided earnings per share guidance of $0.42-0.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.42. The company issued revenue guidance of $164-168 million, compared to the consensus revenue estimate of $165.34 million.Core Laboratories also updated its Q1 2019 guidance to $0.42-0.45 EPS.

What price target have analysts set for CLB?

14 analysts have issued 12-month price objectives for Core Laboratories' stock. Their forecasts range from $66.00 to $130.00. On average, they anticipate Core Laboratories' share price to reach $90.90 in the next twelve months. This suggests a possible upside of 41.5% from the stock's current price. View Analyst Price Targets for Core Laboratories.

What is the consensus analysts' recommendation for Core Laboratories?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Core Laboratories in the last year. There are currently 1 sell rating, 8 hold ratings and 5 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 coverage about CLB stock has trended somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Core Laboratories earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned media headlines about the oil and gas company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the company's share price in the immediate future.

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), Micron Technology (MU), Starbucks (SBUX), BlackRock (BLK), Gilead Sciences (GILD), Chipotle Mexican Grill (CMG), Netflix (NFLX), Endologix (ELGX), Exxon Mobil (XOM) and Baidu (BIDU).

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. Monty L. Davis, COO & Sr. VP (Age 65)
  • Mr. Richard L. Bergmark, Exec. VP (Age 66)
  • Mr. Lawrence V. Bruno, Pres & Supervisory Director (Age 59)
  • Mr. Christopher Scott Hill, Sr. VP & CFO (Age 49)

Who are Core Laboratories' major shareholders?

Core Laboratories' stock is owned by a number of of retail and institutional investors. Top institutional investors include WCM Investment Management LLC (11.11%), BlackRock Inc. (7.41%), Massachusetts Financial Services Co. MA (5.90%), Kayne Anderson Rudnick Investment Management LLC (3.13%), Epoch Investment Partners Inc. (2.64%) and Millennium Management LLC (1.80%). Company insiders that own Core Laboratories stock include 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 Royal London Asset Management Ltd., Kayne Anderson Rudnick Investment Management LLC, Wedgewood Partners Inc., Epoch Investment Partners Inc., Bank of America Corp DE, Macquarie Group Ltd., Raymond James & Associates and Prudential Financial Inc.. View Insider Buying and Selling for Core Laboratories.

Which major investors are buying Core Laboratories stock?

CLB stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Millennium Management LLC, Van ECK Associates Corp, Dimensional Fund Advisors LP, Mairs & Power INC, UBS Oconnor LLC, UBS Oconnor LLC and Fisher Asset Management LLC. 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 $64.25.

How big of a company is Core Laboratories?

Core Laboratories has a market capitalization of $2.85 billion and generates $700.84 million in revenue each year. Core Laboratories employs 4,700 workers across the globe.

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:  2.1 out of 5 (star star)
Outperform Votes:  379 (Vote Outperform)
Underperform Votes:  517 (Vote Underperform)
Total Votes:  896
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 2/23/2019 by MarketBeat.com Staff

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