Here's Why Hold Strategy Is Apt for Core Laboratories Stock for Now
Key Takeaways CLB outpaced its sub-industry and the Oil & Energy Market with a 33.9% three-month gain.CLB is supported by long-cycle international projects, a Brazil acquisition and solid ROIC.CLB faces flat year-over-year revenues, U.S. onshore softness and geopolitical volatility.Core Laboratories Inc. (CLB) generates revenues by providing specialized services and products to the oil and gas industry. The company offers reservoir optimization, production enhancement and geological analysis services to hel ...