CLB · CIK 0001958086 · operating
Core Laboratories provides technical services to the oil and gas industry, primarily focused on characterizing petroleum reservoirs and enhancing production efficiency. Founded in 1936 and headquartered in Houston, the company operates two main business segments: Reservoir Description and Production Enhancement. The Reservoir Description segment conducts laboratory analysis and field services to evaluate the properties of crude oil, petroleum fluids, and rock samples, enabling clients to optimize recovery strategies. This segment also supports adjacent markets including carbon capture and storage projects, geothermal development, and mining evaluation. The Production Enhancement segment offers diagnostic and monitoring services related to well completions, perforations, stimulation, production operations, and well abandonment, with a focus on evaluating and improving the effectiveness of enhanced oil recovery initiatives.
The company maintains a global presence with operations across the United States and internationally. Core Laboratories markets its services through a direct sales force, technical seminars, industry trade shows, and print advertising, as well as through distributor partnerships. The business serves integrated and independent oil and gas operators seeking technical expertise to maximize reservoir productivity and recovery rates. With a market capitalization of approximately $0.8 billion, the company operates as a specialized service provider within the broader oil and gas equipment and services sector.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $0.66 | $0.67 | -14.3% | |
| 2023 | $0.77 | $0.79 | — |