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$61.35 6.00 (10.84%)
11/21/2008 4:01 PM

Core Laboratories N.V. (CLB)

CAPS Rating:
*****

The Company provides proprietary and patented reservoir description, production enhancement and reservoir management services to the oil and gas industry.

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Recs

4

Avatar falcon2382 (98.76) Submitted: 4/10/08 6:51 AM : Outperform 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.

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