Core Laboratories traded at $13.60 this Tuesday June 2nd, decreasing $0.27 or 1.95 percent since the previous trading session. Looking back, over the last four weeks, Core Laboratories lost 7.17 percent. Over the last 12 months, its price rose by 26.51 percent. Looking ahead, we forecast Core Laboratories to be priced at 14.22 by the end of this quarter and at 13.30 in one year, according to Trading Economics global macro models projections and analysts expectations.
Core Laboratories N.V. provides reservoir description, production enhancement and reservoir management services to the oil and gas industry. The Company operates through three segments: Reservoir Description, Production Enhancement and Reservoir Management. The Reservoir Description segment encompasses the characterization of petroleum reservoir rock, fluid and gas samples. It provides analytical and field services to characterize properties of crude oil and petroleum products to the oil and gas industry. The Production Enhancement segment includes products and services relating to reservoir well completions, perforations, stimulations and production. It provides integrated diagnostic services to evaluate the effectiveness of well completions. The Reservoir Management segment combines and integrates information from reservoir description and production enhancement services to increase production and recovery of oil and gas from its clients' reservoirs.