As the third quarter of 2024 earnings results roll in, oil and energy companies are revealing a mixed bag of outcomes. Despite declining commodity prices, which many analysts thought would weigh heavily on the industry, the results have been better than expected. Several companies have surpassed earnings forecasts, bringing a more optimistic perspective to the sector’s outlook than anticipated. Below, we delve into the current landscape and highlight three stocks — ProPetro Holding Corp. (PUMP) , Core Labor ...

Core Laboratories Inc. (CLB) is set to release third-quarter earnings on Oct. 23, after the closing bell. The Zacks Consensus Estimate for profit in the to-be-reported quarter is pegged at 25 cents per share on revenues of $132.71 million. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Let us delve into the factors that might have influenced CLB's performance in the quarter under review. Before that, it is worth taking a look at the company's performance in the last reported quart ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Core Laboratories (CLB) . This company, which is in the Zacks Oil and Gas - Field Services industry, shows potential for another earnings beat. This energy services company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for th ...

Core Laboratories Inc. (CLB) is an oilfield services company, operating in more than 50 countries, providing reservoir management and production enhancement to oil and gas companies. Despite a challenging market, CLB's shares have risen 13.9% year to date (YTD), outperforming the broader oil and energy sector's 8.2% growth. Additionally, CLB has not only surpassed the Field Services sub-industry but has also outperformed competitors like ProFrac Holding Corp. (ACDC) and Tetra Technologies (TTI) . YTD Price ...

OPEC's latest 'World Oil Outlook' paints a bullish picture for oil demand through to 2050, positioning itself as a staunch defender of the idea that oil and gas will remain crucial to global energy. For market participants, this theory offers a compelling long-term buying opportunity. Investors interested in the sector could benefit from having quality stocks Core Laboratories (CLB) , TechnipFMC plc (FTI) and Tullow Oil (TUWOY) . Demand Growth in the Foreseeable Future OPEC firmly believes that the global d ...

The Oils-Energy group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Core Laboratories (CLB) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question. Core Laboratories is one of 246 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #16 in the Zacks Sector Rank. The Zacks Sector Rank incl ...

Core Laboratories (CLB) has been beaten down lately with too much selling pressure. While the stock has lost 10.1% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier. Guide to Identifying Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillato ...

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Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Is Core Laboratories (CLB) one of those stocks right now? By taking a look at the stock's year-todate performance in comparison to its Oils-Energy peers, we might be able to answer that question. Core Laboratories is one of 247 companies in the Oils-Energy group. The Oils-Energy group currently sits at #14 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector gr ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ______________ Commission File Number: 001-41695 CORE LABORATORIES INC. (Exact name of registrant as specified in its charter) Delaware 98- ...