Core Laboratories N.V. (NYSE: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.

Recs

0
Player Avatar NoblyNaive (82.97) Submitted: 3/1/2013 4:14:58 PM : Outperform Start Price: $135.53 CLB Score: +4.61

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...

Featured Broker Partners


Advertisement