Professional
Added to YB: 2024-02-15
Pitch date: 2024-02-13
CLB [bullish]
Core Laboratories Inc.
+15.7%
current return
Author Info
No bio for this author
Company Info
Core Laboratories Inc. provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, and internationally.
Market Cap
$716.6M
Pitch Price
$14.24
Price Target
28.00 (+70%)
Dividend
0.26%
EV/EBITDA
10.53
P/E
22.63
EV/Sales
1.67
Sector
Energy Equipment and Services
Category
value
Core Laboratories Inc.: International and Offshore Mix Will Drive Profitable Long-Term Growth
CLB: Solid Q4 rev flat, slight profitability dip; moat intact w/ fluid analysis (45% rev), CCS expansion; key drivers: global O&G recovery, margin gains, efficiency; Very High uncertainty; Exemplary CapAlloc, strong BS, slashed div to $0.04; innovation & adaptation underpin moat
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