$107.95 -2.33 (-2.11%)
12/3/2009 4:01 PM

Core Laboratories N.V. (CLB)

CAPS Rating: 5 out of 5

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

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Member Avatar TSIF (98.76) Submitted: 12/22/2008 3:32:06 PM : Outperform Start Price: $56.49 CLB Score: +24.89

I'm having a tough time with oil/gas picks in this sub $50 barrel oil environement, but I believe CLB has growth potential in both high oil/gas prices as well as low prices because of their reservoir management. Their services are utilized in both environments, and they have high respect in the industry. Debt is very manageable and they have decent cash flow. Good ratio of insiders (5%), invested in the company. Management predicts NET up 20% and bullish on the next year. Five year track history of consistant growth.

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