Is Now the Right Time to Buy Core Laboratories After Its 14% YTD Rise?
e Laboratories (CLB) ZACKS·2024-10-08 20:48
Core Laboratories Inc. (CLB) is an oilfield services company, operating in more than 50 countries, providing reservoir management and production enhancement to oil and gas companies. Despite a challenging market, CLB's shares have risen 13.9% year to date (YTD), outperforming the broader oil and energy sector's 8.2% growth. Additionally, CLB has not only surpassed the Field Services sub-industry but has also outperformed competitors like ProFrac Holding Corp. (ACDC) and Tetra Technologies (TTI) . YTD Price ...