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Core Laboratories NYSE:CLB Stock Report

Last Price

US$16.85

Market Cap

US$791.1m

7D

-13.3%

1Y

-7.3%

Updated

22 Dec, 2024

Data

Company Financials +

Core Laboratories Inc.

NYSE:CLB Stock Report

Market Cap: US$791.1m

CLB Stock Overview

Provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, and internationally. More details

CLB fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance2/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 31.6% below our estimate of its fair value

Earnings are forecast to grow 17.52% per year

Risk Analysis

Has a high level of debt

Profit margins (5%) are lower than last year (8.1%)


My Notes

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Community Narratives

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WA
Analyst Price Target
Consensus Narrative from 6 Analysts

Technology Investments And New Offerings Will Drive Expansion Into International Oil And Gas Markets

Key Takeaways Introducing new offerings in key markets is expected to expand Core Laboratories' reach and attract more clients, driving revenue growth. Maintaining a lean organization and investing in technology enhances efficiency and profitability, improving operating and net margins.
View narrative
US$19.33
FV
12.8% undervalued intrinsic discount
3.99%
Revenue growth p.a.
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3 days ago author updated this narrative

Core Laboratories Inc. Competitors

Bristow Group

NYSE:VTOL

US$933.6m

National Energy Services Reunited

NasdaqCM:NESR

US$786.5m

NPK International

NYSE:NPKI

US$634.0m

Innovex International

NYSE:INVX

US$843.3m

Price History & Performance

Summary of share price highs, lows and changes for Core Laboratories
Historical stock prices
Current Share PriceUS$16.85
52 Week HighUS$25.13
52 Week LowUS$13.82
Beta2.38
1 Month Change-20.82%
3 Month Change-12.15%
1 Year Change-7.26%
3 Year Change-27.53%
5 Year Change-64.09%
Change since IPO461.67%

Recent News & Updates

Returns On Capital At Core Laboratories (NYSE:CLB) Paint A Concerning Picture

Dec 09
Returns On Capital At Core Laboratories (NYSE:CLB) Paint A Concerning Picture

Is Core Laboratories (NYSE:CLB) Using Too Much Debt?

Nov 12
Is Core Laboratories (NYSE:CLB) Using Too Much Debt?

Recent updates

Returns On Capital At Core Laboratories (NYSE:CLB) Paint A Concerning Picture

Dec 09
Returns On Capital At Core Laboratories (NYSE:CLB) Paint A Concerning Picture

Is Core Laboratories (NYSE:CLB) Using Too Much Debt?

Nov 12
Is Core Laboratories (NYSE:CLB) Using Too Much Debt?

Is Core Laboratories Inc. (NYSE:CLB) Trading At A 38% Discount?

Sep 19
Is Core Laboratories Inc. (NYSE:CLB) Trading At A 38% Discount?

What You Can Learn From Core Laboratories Inc.'s (NYSE:CLB) P/E

Aug 14
What You Can Learn From Core Laboratories Inc.'s (NYSE:CLB) P/E

We Think Core Laboratories (NYSE:CLB) Can Stay On Top Of Its Debt

Jul 15
We Think Core Laboratories (NYSE:CLB) Can Stay On Top Of Its Debt

These Return Metrics Don't Make Core Laboratories (NYSE:CLB) Look Too Strong

Jun 25
These Return Metrics Don't Make Core Laboratories (NYSE:CLB) Look Too Strong

It's Unlikely That Core Laboratories Inc.'s (NYSE:CLB) CEO Will See A Huge Pay Rise This Year

May 02
It's Unlikely That Core Laboratories Inc.'s (NYSE:CLB) CEO Will See A Huge Pay Rise This Year

Is Core Laboratories Inc. (NYSE:CLB) Trading At A 25% Discount?

Mar 26
Is Core Laboratories Inc. (NYSE:CLB) Trading At A 25% Discount?

Why We're Not Concerned About Core Laboratories Inc.'s (NYSE:CLB) Share Price

Mar 02
Why We're Not Concerned About Core Laboratories Inc.'s (NYSE:CLB) Share Price

Core Laboratories: EPS Miss, But Beneficial Outlook About Exploration Efforts

Nov 09

Returns On Capital At Core Laboratories (NYSE:CLB) Paint A Concerning Picture

Sep 08
Returns On Capital At Core Laboratories (NYSE:CLB) Paint A Concerning Picture

Core Laboratories: 'Spooked The Herd' In June, Things Might Be Looking Up

Aug 16

Core Laboratories Inc.'s (NYSE:CLB) Earnings Haven't Escaped The Attention Of Investors

Jul 05
Core Laboratories Inc.'s (NYSE:CLB) Earnings Haven't Escaped The Attention Of Investors

The Returns On Capital At Core Laboratories (NYSE:CLB) Don't Inspire Confidence

May 25
The Returns On Capital At Core Laboratories (NYSE:CLB) Don't Inspire Confidence

Shareholder Returns

CLBUS Energy ServicesUS Market
7D-13.3%-6.9%-2.4%
1Y-7.3%-14.6%23.3%

Return vs Industry: CLB exceeded the US Energy Services industry which returned -14.6% over the past year.

Return vs Market: CLB underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is CLB's price volatile compared to industry and market?
CLB volatility
CLB Average Weekly Movement7.1%
Energy Services Industry Average Movement6.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: CLB has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CLB's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19363,500Larry Brunowww.corelab.com

Core Laboratories Inc. provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, and internationally. It operates through Reservoir Description and Production Enhancement segments. The Reservoir Description segment includes the characterization of petroleum reservoir rock and reservoir fluid samples to enhance production and improve recovery of crude oil and gas from its clients' reservoirs.

Core Laboratories Inc. Fundamentals Summary

How do Core Laboratories's earnings and revenue compare to its market cap?
CLB fundamental statistics
Market capUS$791.11m
Earnings (TTM)US$26.20m
Revenue (TTM)US$522.82m

30.2x

P/E Ratio

1.5x

P/S Ratio

Is CLB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CLB income statement (TTM)
RevenueUS$522.82m
Cost of RevenueUS$415.84m
Gross ProfitUS$106.98m
Other ExpensesUS$80.79m
EarningsUS$26.20m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.56
Gross Margin20.46%
Net Profit Margin5.01%
Debt/Equity Ratio54.5%

How did CLB perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

7%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:07
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Core Laboratories Inc. is covered by 44 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert Jan VosABN AMRO Bank N.V.
James WestBarclays
Saurabh PantBofA Global Research