Core Laboratories Inc
CLB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $79.00 | Jpky | Yrbskrflvb |
Core Lab Should Benefit From Oil Market's Recovery From COVID-19
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Business Strategy and Outlook
We have long believed that Core Laboratories is one of the highest-quality oilfield-service companies. For one, with a wide moat rating, Core Lab possesses the strongest moat across our entire oilfield-service coverage. The company’s foundational core analysis business in the reservoir description segment, in particular, has been virtually unchallenged over the past three decades. The business passes the Warren Buffett quality test, whereby even an "idiot" could likely run the business with some profitability.