Core Laboratories Inc

CLB: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$13.00	Fqtcl	Cjcswymgd

Core Laboratories Earnings: International Activity Offsets a Subdued North American Land Market

Katherine Olexa

Jul 28, 2023

Wide-moat Core Laboratories posted decent second-quarter results as accelerating international oil and gas activity helped offset stalling activity growth in North America. We’ll incorporate the firm’s full operating and financial results shortly, but after this first look, we maintain our $29 per share fair value estimate.

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