Core Laboratories Appoints New VP and Chief Accounting Officer
TipRanks (Mon, 25-Mar 4:53 PM ET)
CORE LABORATORIES' FIRST QUARTER 2024 WEBCAST AT 7:30 A.M. CDT / 8:30 A.M. EDT ON APRIL 25, 2024
PRNewswire (Mon, 25-Mar 4:00 PM ET)
CORE LAB REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS
PRNewswire (Wed, 31-Jan 5:21 PM ET)
CORE LABORATORIES' FOURTH QUARTER 2023 WEBCAST AT 7:30 A.M. CST / 8:30 A.M. EST ON FEBRUARY 1, 2024
PRNewswire (Tue, 2-Jan 4:00 PM ET)
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.
Core Laboratories trades on the NYSE stock market under the symbol CLB.
As of March 28, 2024, CLB stock price climbed to $17.04 with 65,336 million shares trading.
CLB has a beta of 0.27, meaning it tends to be less sensitive to market movements. CLB has a correlation of 0.01 to the broad based SPY ETF.
CLB has a market cap of $794.64 million. This is considered a Small Cap stock.
Last quarter Core Laboratories reported $128 million in Revenue and $.19 earnings per share. This beat revenue expectation by $440,000 and met earnings estimates .
In the last 3 years, CLB stock traded as high as $49.87 and as low as $13.19.
The top ETF exchange traded funds that CLB belongs to (by Net Assets): IJR, VTI, IWM, VB, OIH.
CLB has underperformed the market in the last year with a return of -18.7%, while the SPY ETF gained +33.7%. In the last 3 month period, CLB fell short of the market, returning -8.3%, while SPY returned +10.2%. However, in the most recent 2 weeks CLB has outperformed the stock market by returning +6.0%, while SPY returned +1.8%.
CLB support price is $16.59 and resistance is $17.40 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CLB stock will trade within this expected range on the day.