Hello, Fool! | Login | Signup | My Fool
Nov 22, 2008 7:59 AM ET | Feedback | Site Changes | Help
The Company provides proprietary and patented reservoir description, production enhancement and reservoir management services to the oil and gas industry.
View All Commentary (CLB)
Recs
falcon2382 (98.76) Submitted: 4/10/08 6:51 AM : Start Price: $132.30 CLB Score: -9.64
this is a longer term play, although i wouldn't be surprised to see CLB do well in the short term as this Netherlands based company's revenue is generated from oil field testing and analysis with 70% of its business directed outside the United States. With operations in every major oil producing region in the world, it should continue to do well as Oil companies are finding the need and the means (with oil prices currently so high) to test sample sections of the earth that before (when oil was selling for less) simply weren't worth the time, energy, and money.
Report this Post Replies: 0 | Reply | Permalink
Oops! There appears to be a problem with your comment. Check to see if there's something you left out.