CLB – Oil & Gas 360

Core Lab Q1 Revenues Up 8%, Operating Income Jumps ~40%

April 26, 2018

For the first quarter, 2018, Core Laboratories N.V. (ticker: CLB) reported a net income of approximately $23.5 million, or $0.54 per share for Q1 2018. Revenue from continuing operations was $170 million, up over 8% year-over-year and operating income was $32.3 million, up almost 40% year-over-year. Reservoir description and production enhancement Reservoir description operations revenue in the first quarter of

Core Lab and Fracture ID Launch Consortium to Study the Wolfcamp

July 21, 2017

Core Lab (ticker: CLB) and Fracture ID, two companies coming to EnerCom’s The Oil and Gas Conference® in August, have worked together to launch the Horizontal Reservoir Characterization Consortium—Midland Basin. The idea is to evaluate geologic heterogeneity within the entire basin, and how it impacts well production. The consortium of operators will use Fracture ID’s Drillbit Geomechanics™ technology to collect

Core Lab Q4 Conference Call: Industry Bottomed in Q3

January 26, 2017

Q3 2016 marked the bottom of the V-shaped recovery which is now under way In the company’s Q4 conference call this morning’s , Core Laboratories (ticker: CLB) CEO David Demshur and other members of the CLB executive team laid out their company’s view of where the oil and gas industry stands today and their thoughts on where it is heading in 2017. After

Exclusive Interview with David Demshur, CEO, Core Laboratories

August 24, 2016

The E&P companies that use science are going to be the surviving companies: Demshur Core Lab’s Chairman and CEO David Demshur spoke to Oil & Gas 360®’s Angie Austin at the EnerCom conference in Denver last week. Demshur talked about his company, what their E&P customers are doing, what companies he believes will survive at $40 oil, and what he believes is

Core Lab Q1 2016, Conference Call Recap

April 21, 2016

Free Cash Flow, V-Shaped Recovery, Decline Curves, Balance Coming 2H 2016 Core Laboratories (ticker: CLB; CoreLab.com) reported Q1 earnings on April 20. The company held its earnings call this morning. Here is a recap of what the company reported and discussed in the call. EPS $0.37, ex-FX FCF $43.2 million – share count 42.5 million Paid $23.3 million in dividends,

What Lies Ahead for the Oil & Gas Industry?

August 5, 2015

With share prices halved along with oil prices, investing opportunities abound What’s coming in 2016? Institutional investors head to Denver Aug. 16-20 to listen to the oil & gas sector’s go-forward strategies Where is the industry today and where is it heading? After a lengthy pattern of producing and selling $90+ oil, the industry was jolted when OPEC announced its decision

A Point of Light: Core Lab Increases Quarterly Dividend

January 16, 2015

On January 12, Core Laboratories N.V. (ticker: CLB) announced that it would increase the cash dividend on its common shares to $0.55 per share. The dividend represents a 10% increase and will be payable on February 20, 2015, to shareholders of record January 23, 2015. With operations in 50 countries — essentially working in every major oil-producing province in the

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