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Core Laboratories Inc CLB

Morningstar Rating
$21.78 +0.33 (1.54%)
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Company Report

Favorable End-Market Demand Should Drive Margin Expansion for Core Laboratories

Core Laboratories is the premier provider of reservoir characterization services. Its foundational core analysis business has been virtually untouched over the last several decades, and the firm has done well to augment its business in line with customer preferences without straying from its niche expertise. Over the last few years, the firm has leveraged its core analysis data to develop a robust portfolio of fluids analysis services, which now represent about 65% of Core’s annual revenue. It’s also leveraged its large swaths of data to develop its Production Enhancement segment, which largely focuses on well completions in the U.S.

Price vs Fair Value

CLB is trading at a 317% premium.
Price
$21.78
Fair Value
$52.00
Uncertainty
Very High
1-Star Price
$69.40
5-Star Price
$19.00
Economic Moat
Gfrz
Capital Allocation
Lmcqbkdbt

Bulls Say, Bears Say

Bulls

Expanded investment in more complex wells will drive demand for Core Labs’ proprietary technology over the next few years.

Bears

Core’s production enhancement segment relies heavily on the U.S. shale market, whose extremely competitive nature may pressure the segment’s profitability over time.

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News

Trading Information

Previous Close Price
$21.45
Day Range
$21.3321.82
52-Week Range
$13.8227.95
Bid/Ask
$20.62 / $22.00
Market Cap
$1.02 Bil
Volume/Avg
294,795 / 412,169

Key Statistics

Price/Earnings (Normalized)
27.03
Price/Sales
2.03
Dividend Yield (Trailing)
0.18%
Dividend Yield (Forward)
0.18%
Total Yield
0.40%

Company Profile

Core Laboratories is the premier provider of reservoir description and production enhancement services for oil and gas exploration and production. It provides data and analytics to aid well operators in determining optimal methods for recovering, processing, and refining hydrocarbons from a well. It also manufactures the associated lab equipment for its services.
Sector
Energy
Industry
Oil & Gas Equipment & Services
Stock Style Box
Small Growth
Total Number of Employees
3,600

Competitors

Valuation

Metric
CLB
SLB
HAL
Price/Earnings (Normalized)
27.0314.9310.67
Price/Book Value
4.403.203.12
Price/Sales
2.031.961.32
Price/Cash Flow
19.819.548.11
Price/Earnings
CLB
SLB
HAL

Financial Strength

Metric
CLB
SLB
HAL
Quick Ratio
1.690.911.30
Current Ratio
2.681.372.12
Interest Coverage
4.2311.745.98
Quick Ratio
CLB
SLB
HAL

Profitability

Metric
CLB
SLB
HAL
Return on Assets (Normalized)
6.41%9.54%11.75%
Return on Equity (Normalized)
17.40%22.91%31.52%
Return on Invested Capital (Normalized)
11.10%14.48%18.09%
Return on Assets
CLB
SLB
HAL
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