CLB Stock Overview
Core Laboratories N.V. provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, Canada, and internationally.
Core Laboratories Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$16.35|
|52 Week High||US$35.83|
|52 Week Low||US$15.21|
|1 Month Change||-12.71%|
|3 Month Change||-40.48%|
|1 Year Change||-46.11%|
|3 Year Change||-58.94%|
|5 Year Change||-82.40%|
|Change since IPO||445.00%|
Recent News & Updates
Core Laboratories goes ex-dividend tomorrow
Core Laboratories (NYSE:CLB) had declared $0.01/share quarterly dividend, in line with previous. Payable Aug. 29; for shareholders of record Aug. 8; ex-div Aug. 5. See CLB Dividend Scorecard, Yield Chart, & Dividend Growth.
Here's Why Core Laboratories (NYSE:CLB) Has A Meaningful Debt Burden
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
|CLB||US Energy Services||US Market|
Return vs Industry: CLB underperformed the US Energy Services industry which returned 22.2% over the past year.
Return vs Market: CLB underperformed the US Market which returned -12.8% over the past year.
|CLB Average Weekly Movement||9.0%|
|Energy Services Industry Average Movement||9.6%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||17.1%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: CLB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: CLB's weekly volatility (9%) has been stable over the past year.
About the Company
Core Laboratories N.V. provides reservoir description and production enhancement services and products to the oil and gas industry in the United States, Canada, and internationally. It operates through Reservoir Description and Production Enhancement segments. The Reservoir Description segment includes the characterization of petroleum reservoir rock, reservoir fluid, and gas samples to enhance production and improve recovery of oil and gas from its clients' reservoirs.
Core Laboratories Fundamentals Summary
|CLB fundamental statistics|
Is CLB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CLB income statement (TTM)|
|Cost of Revenue||US$384.81m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.19|
|Net Profit Margin||1.82%|
How did CLB perform over the long term?See historical performance and comparison
0.2%Current Dividend Yield
Is CLB undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CLB?
Other financial metrics that can be useful for relative valuation.
|What is CLB's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does CLB's PE Ratio compare to its peers?
|CLB PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
WTTR Select Energy Services
SOI Solaris Oilfield Infrastructure
CLB Core Laboratories
Price-To-Earnings vs Peers: CLB is expensive based on its Price-To-Earnings Ratio (86.7x) compared to the peer average (27.4x).
Price to Earnings Ratio vs Industry
How does CLB's PE Ratio compare vs other companies in the US Energy Services Industry?
Price-To-Earnings vs Industry: CLB is expensive based on its Price-To-Earnings Ratio (86.7x) compared to the US Energy Services industry average (34x)
Price to Earnings Ratio vs Fair Ratio
What is CLB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||86.7x|
|Fair PE Ratio||41.8x|
Price-To-Earnings vs Fair Ratio: CLB is expensive based on its Price-To-Earnings Ratio (86.7x) compared to the estimated Fair Price-To-Earnings Ratio (41.8x).
Share Price vs Fair Value
What is the Fair Price of CLB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CLB ($16.35) is trading below our estimate of fair value ($25.86)
Significantly Below Fair Value: CLB is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Core Laboratories forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLB's forecast earnings growth (73% per year) is above the savings rate (1.9%).
Earnings vs Market: CLB's earnings (73% per year) are forecast to grow faster than the US market (12.8% per year).
High Growth Earnings: CLB's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CLB's revenue (7.3% per year) is forecast to grow slower than the US market (7.9% per year).
High Growth Revenue: CLB's revenue (7.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CLB's Return on Equity is forecast to be high in 3 years time (28.6%)
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How has Core Laboratories performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLB has high quality earnings.
Growing Profit Margin: CLB's current net profit margins (1.8%) are lower than last year (7.4%).
Past Earnings Growth Analysis
Earnings Trend: CLB's earnings have declined by 35.7% per year over the past 5 years.
Accelerating Growth: CLB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CLB had negative earnings growth (-73.6%) over the past year, making it difficult to compare to the Energy Services industry average (140.2%).
Return on Equity
High ROE: CLB's Return on Equity (5.2%) is considered low.
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How is Core Laboratories's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: CLB's short term assets ($199.6M) exceed its short term liabilities ($95.9M).
Long Term Liabilities: CLB's short term assets ($199.6M) do not cover its long term liabilities ($307.9M).
Debt to Equity History and Analysis
Debt Level: CLB's net debt to equity ratio (98.3%) is considered high.
Reducing Debt: CLB's debt to equity ratio has reduced from 154.9% to 107.6% over the past 5 years.
Debt Coverage: CLB's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: CLB's interest payments on its debt are well covered by EBIT (3.1x coverage).
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What is Core Laboratories's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CLB's dividend (0.24%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: CLB's dividend (0.24%) is low compared to the top 25% of dividend payers in the US market (4.09%).
Stability and Growth of Payments
Stable Dividend: CLB is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: CLB is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Earnings Payout to Shareholders
Earnings Coverage: CLB is not paying a notable dividend for the US market.
Cash Payout to Shareholders
Cash Flow Coverage: CLB is not paying a notable dividend for the US market.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Larry Bruno (62 yo)
Mr. Lawrence V. Bruno, also known as Larry, serves as Chairman of Supervisory Board and Chief Exertive Officer at Core Laboratories N.V. since May 20, 2020. He has been Supervisory Director of Core Laborat...
CEO Compensation Analysis
Compensation vs Market: Larry's total compensation ($USD6.55M) is above average for companies of similar size in the US market ($USD3.94M).
Compensation vs Earnings: Larry's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: CLB's management team is considered experienced (4.2 years average tenure).
Experienced Board: CLB's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Core Laboratories N.V.'s employee growth, exchange listings and data sources
- Name: Core Laboratories N.V.
- Ticker: CLB
- Exchange: NYSE
- Founded: 1936
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Implied Market Cap: US$757.411m
- Shares outstanding: 46.32m
- Website: https://www.corelab.com
Number of Employees
- Core Laboratories N.V.
- Van Heuven Goedhartlaan 7 B
- 1181 LE
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/06 00:00|
|End of Day Share Price||2022/08/05 00:00|
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.