Core Laboratories Inc - Company Profile
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Core Laboratories Inc (Core Lab) formerly Core Laboratories NV, specializes in proprietary and patented reservoir description and production enhancement services and products for the oil and gas industry. The company's main activities involve evaluating and improving reservoir performance to increase oil and gas recovery. Core Lab's major products and services include laboratory-based analytical services, field services, and manufactured products for reservoir well completions and enhanced oil recovery projects. Core Lab serves major, national, and independent oil companies, providing solutions for applications in oil and gas recovery, carbon capture, and energy transition projects. The company operates through a global network of offices, distributing its products and services worldwide. The company has operations across the US, Europe, Africa, Middle East, Former Soviet Union, Canada, Asia Pacific and Latin and South America. Core Lab is headquartered in Houston, Texas, the US.
Headquarters
United States of America
Address
6316 Windfern Road, Houston, Texas, 77040
Website
www.corelab.com
Telephone
1 713 3282673
No of Employees
3,300
Industry
Energy and Utilities
Ticker Symbol & Exchange
CLB (NYSE)
Revenue (2024)
$526.5M
0.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-5.5%
(2024 vs 2023)
Market Cap*
$605.3M
Net Profit Margin (2024)
XYZ
-6.0%
(2024 vs 2023)
* As of and is in US$
Core Laboratories Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Production Enhancement: | Reservoir Description: | Rapid |
| Kodiak Enhanced Perforating System | Inspection & Testing | Gtx-Span |
| Stimtube | Reservoir Fluid Analysis | GoGun |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In September, the company acquired Solintec, an integrated geological services company. |
| 2025 | Others | In May, the company announced the opening of new Unconventional Core Analysis Laboratory in Dammam, Saudi Arabia. |
| 2023 | Contracts/Agreements | In October, the company and Halliburton Company entered into a partnership to accelerate the delivery of comprehensive digital rock data solutions in the U.S. |
Competitor Comparison
| Key Parameters | Core Laboratories Inc | TechnipFMC Plc | Weatherford International Plc | Oceaneering International Inc | RPC Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United Kingdom | United States of America | United States of America | United States of America |
| City | Houston | London | Houston | Houston | Atlanta |
| State/Province | Texas | Northumberland | Texas | Texas | Georgia |
| No. of Employees | 3,300 | 23,089 | 16,700 | 10,400 | 2,893 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Lawrence V. Bruno | President; Chief Executive Officer; Chairman | Executive Board | 2020 | 66 |
| Christopher S. Hill | Chief Financial Officer; Senior Vice President | Senior Management | 2018 | 56 |
| Sow Hang Teo | Vice President; Chief Accounting Officer | Senior Management | - | - |
| Mark D. Tattoli | General Counsel; Senior Vice President; Secretary | Senior Management | 2021 | 54 |
| Billy Anthony | President - Owen Oil Tools | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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