The Company provides proprietary and patented reservoir description, production enhancement and reservoir management services to the oil and gas industry.
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Good revenue growth. Good earnings growth. Rising energy prices are expected to fuel (pun intended) expanded lab work. CLB is positioned well for future revenue growth, with a struture which should convert that revenue growth to an even higher percentage earnings growth. Lackluster P/E indicates that a lot of people already know this and I am late to the party. Still, the Renko chart shows no sign of this upward march in price abating. I guess it is better late than never...