Core LaboratoriesCLB
Market Cap: $830M
About: Core Laboratories is the premier provider of reservoir description and production enhancement services for oil and gas exploration and production. It provides data and analytics to aid well operators in determining optimal methods for recovering, processing, and refining hydrocarbons from a well. It also manufactures the associated lab equipment for its services.
Employees: 3,600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
920% more call options, than puts
Call options by funds: $3.06M | Put options by funds: $300K
24% more capital invested
Capital invested by funds: $843M [Q1] → $1.05B (+$206M) [Q2]
22% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 59
4.89% more ownership
Funds ownership: 105.39% [Q1] → 110.28% (+4.89%) [Q2]
1% less funds holding
Funds holding: 195 [Q1] → 194 (-1) [Q2]
3% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 30
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Stifel Stephen Gengaro 55% 1-year accuracy 22 / 40 met price target | 24%upside $22 | Hold Maintained | 26 Jul 2024 |
B of A Securities Chase Mulvehill 17% 1-year accuracy 3 / 18 met price target | 15%downside $15 | Underperform Maintained | 15 Jul 2024 |
Piper Sandler Luke Lemoine 17% 1-year accuracy 5 / 30 met price target | 4%downside $17 | Neutral Maintained | 15 Jul 2024 |
Financial journalist opinion
Based on 3 articles about CLB published over the past 30 days