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CORE LABS INC (CLB)

(Real Time Quote from BATS)

$19.39 USD

19.39
26,398

+0.49 (2.59%)

Updated Nov 4, 2024 11:48 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value C Growth D Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 40% (149 out of 250)

Industry: Oil and Gas - Field Services

Better trading starts here.

Zacks News

Petrobras Accelerates Its Plan to Re-Enter Fertilizer Industry

PBR expedites its re-entry into the fertilizer industry, considering a $800 million investment in a plant to enhance Brazil's agricultural sector.

Eni and SOCAR Sign MoUs on Biofuels and Emission Reduction

E and SOCAR sign three MOUs to enhance energy security, reduce emissions and explore biofuel production ahead of COP29 in Azerbaijan.

BP Divests Trinidad Assets, Refocuses on Shallow and Deepwater Gas

BP is divesting four mature gas fields in Trinidad & Tobago to Perenco as part of its strategy to refocus on the region's shallow, deepwater and high-growth opportunities.

EOG Resources Eyes Expansion in Ohio's Utica Shale Activity

EOG plans to ramp up activity in Ohio's Utica shale play, doubling operations and positioning it as a key growth area for the company.

Transocean Secures $123 Million Offshore Drilling Contract in India

RIG wins a 300-day drilling contract with Reliance Industries for the Dhirubhai Deepwater KG1 project in India, valued at approximately $123 million.

Core Laboratories (CLB) Loses -10.14% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

The heavy selling pressure might have exhausted for Core Laboratories (CLB) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Eni and Snam Advance CO2 Storage in Italy's Ravenna Project

E and Snam kick off CO2 injection at Italy's first CCS project in Ravenna, setting the stage for significant emission reductions and driving industrial decarbonization.

Phillips 66 Divests Non-Core Natural Gas Assets in Texas Deal

PSX offloads non-core natural gas assets in East Texas to Voyager Midstream, advancing its plan to generate $3 billion by 2024 through asset sales.

Making Sense of Delek US Holdings' $400M Stock Buyback Plan

DK's latest repurchase expansion is supported by cash reserves of more than $650 million.

Transocean to Sell Two Drillships to Optimize Asset Portfolio

RIG plans to sell the Development Driller III and Discoverer Inspiration drillships for $342 million, aiming to reduce debt and optimize its portfolio.

Equinor Shifts Focus to Boost Profit, Downsizes Renewables

EQNR plans to downsize its renewables division, shifting its focus from growth to profitability amid industry challenges and rising costs.

ExxonMobil Aims to Take Full Control of Permian JV From Sinochem

Acquiring the remaining stake in the Wolfcamp JV would reinforce XOM's leadership in the Permian Basin and provide strategic advantages amid the evolving global energy landscape.

Here's Why Core Laboratories (CLB) is a Strong Value Stock

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

BP to Produce Jet Fuel From Crops and Waste at Cherry Point

BP's Cherry Point refinery is set to produce jet fuel from crops and waste, backed by a $27 million federal grant, creating jobs and boosting green aviation.

TechnipFMC's Stock Is Soaring, But Is It Time to Buy FTI?

FTI's total backlog reached a historic high of $13.9 million in the second quarter of 2024.

Is CORE LABS INC (CLB) Stock Outpacing Its Oils-Energy Peers This Year?

Here is how Core Laboratories (CLB) and Ranger Energy (RNGR) have performed compared to their sector so far this year.

Core Laboratories (CLB) Down 25.6% Since Last Earnings Report: Can It Rebound?

Core Laboratories (CLB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

BKR or CLB: Which Is the Better Value Stock Right Now?

BKR vs. CLB: Which Stock Is the Better Value Option?

Core Laboratories (CLB) Q2 Earnings Beat & Revenues Lag

Core Laboratories (CLB) expects Reservoir Description revenues of $86.5-$89.5 million and Production Enhancement revenues of $44.5-$47.5 million for the third quarter of 2024.

Core Laboratories (CLB) Q2 Earnings Surpass Estimates

Core Laboratories (CLB) delivered earnings and revenue surprises of 4.76% and 1.33%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

FMC Technologies (FTI) Reports Next Week: Wall Street Expects Earnings Growth

FMC Technologies (FTI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

What's in Store for Core Laboratories (CLB) in Q2 Earnings?

Core Laboratories (CLB) is expected to report higher revenues from the year-ago period's level. It is also likely to have incurred higher operating expenses.

Core Laboratories (CLB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Laboratories (CLB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

BKR or CLB: Which Is the Better Value Stock Right Now?

BKR vs. CLB: Which Stock Is the Better Value Option?

Core Laboratories (CLB) Up 6.2% Since Last Earnings Report: Can It Continue?

Core Laboratories (CLB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.