Core Laboratories (CLB)

• Market cap: $793M
• 1 day: 0.90%
• 5 days: 0.30%
• 1 month: -19.61%
• 3 months: -8.85%
• 6 months: -15.47%
• Year to date: -3.43%
• 1 year: -3.43%
• 5 years: -64.41%
• 10 years: -85.98%
• Sector: Energy
• Industry: Oil & Gas Field Services

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 Q3 regulatory filings by fund managers ($100M+ AUM)

391% more call options, than puts

Call options by funds: $2.69M | Put options by funds: $548K

3% less funds holding

Funds holding: 195 [Q2] → 189 (-6) [Q3]

4.1% less ownership

Funds ownership: 112.66% [Q2] → 108.55% (-4.1%) [Q3]

12% less capital invested

Capital invested by funds: $1.07B [Q2] → $944M (-$128M) [Q3]

14% less repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 71

17% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 35

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $14 17% downside
• Avg. target: $14 17% downside
• High target: $14 17% downside

1 analyst rating

• positive: 0 0%
• neutral: 0 0%
• negative: 1 100%

Citigroup Scott Gruber 41% 1-year accuracy 27 / 66 met price target

17% downside $14

Sell Maintained

31 Oct 2024