Projecting oil recovery within fiscal year Core Laboratories (ticker: CLB) closed the book on 2014 as its most profitable year in company history in its Q4’14 earnings release on January 28, 2015. Revenue for fiscal 2014 was $1,085 million, up 1% from 2013’s total of $1,074 million. Net income experienced a much higher jump, climbing to $257 million from $242
RJ Sees Post OPEC Selloff as “Fleeting” Raymond James announced today that it was upgrading three oil service companies’ ratings. Basic Energy Services, Inc. (ticker: BAS), Nabors Industries Ltd. (ticker: NBR) and Patterson-UTI Energy, Inc. (ticker: PTEN) all had their ratings raised from “Outperform” to “Strong Buy” today by the financial institution. All three companies’ ratings were enhanced due to
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