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Core Laboratories ( (CLB) ) has issued an update.
On January 29, 2025, Core Laboratories Inc. announced a quarterly cash dividend of $0.01 per share for Q1 2025. The company reported a slight increase in revenue and earnings for Q4 and full year 2024 despite challenges like reduced U.S. land activity and geopolitical tensions. Core Labs reduced its debt leverage ratio significantly, continued share repurchases, and maintained its focus on strategic priorities, including debt reduction and growth opportunities.
More about Core Laboratories
Core Laboratories Inc. operates in the oil and gas industry, specializing in reservoir optimization services and production enhancement technologies. The company focuses on international and offshore projects with products and services aimed at improving hydrocarbon recovery and production efficiency.
YTD Price Performance: 1.48%
Average Trading Volume: 286,371
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $870M
For an in-depth examination of CLB stock, go to TipRanks’ Stock Analysis page.
