Core Laboratories Inc - Company Profile
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Core Laboratories Inc (Core Lab), formerly Core Laboratories NV, is a provider of patented and proprietary reservoir description and production enhancement services. The company's product and service portfolio includes inspection, testing and calibration, core analysis, reservoir fluid analysis, instruments, integrated reservoir solutions, diagnostic services, proppant and fluid testing, and perforating systems. The company provides services and products to major national and independent oil companies and laboratory equipment to client company research labs, universities, and government institutes. It’s patented technologies include SpectraChem, SpectraFlood, Smax, Packscan, Flowprofiler, SuperHero, X-Span, Zero Wash, and Gtx-Span. The company has its presence in United States, Europe/Africa/Middle East, Former Soviet Union, Canada, Asia Pacific and Latin/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
3,600
Industry
Energy and Utilities
Ticker Symbol & Exchange
CLB (NYSE)
Revenue (2022)
$509.8M
4.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
88.5%
(2022 vs 2021)
Market Cap*
$774.7M
Net Profit Margin (2022)
XYZ
81.1%
(2022 vs 2021)
* As of and is in US$
Core Laboratories Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Laboratory Equipment | Reservoir Description: | Rapid |
| Perforating Systems | Core Analysis | Nitro |
| Inspection & Testing | Gtx-Span | |
| 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 |
|---|---|---|
| 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. |
| 2023 | Corporate Changes/Expansions | In January, the company has announced to reorganize its corporate structure. |
| 2022 | Contracts/Agreements | In March, the company and Talos Energy announced a strategic alliance to provide technical evaluation and assurance for carbon capture and sequestration (CCS) opportunities. |
Competitor Comparison
| Key Parameters | Core Laboratories Inc | Schlumberger Ltd | Baker Hughes Co | Superior Energy Services Inc | Basic Energy Services Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Houston | Houston | Houston | Houston | Fort Worth |
| State/Province | Texas | Texas | Texas | Texas | Texas |
| No. of Employees | 3,600 | 111,000 | 58,000 | 2,200 | 2,800 |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Lawrence V. Bruno | Chief Executive Officer; Chairman; President | Executive Board | 2020 | 64 |
| Christopher S. Hill | Chief Financial Officer; Senior Vice President | Senior Management | 2018 | 54 |
| Lesley A. Weisner | Vice President - Production Enhancement | Senior Management | - | - |
| Alastair J. A. Crombie | Vice President - Reservoir Description | Senior Management | - | - |
| J. Donald Dumas Jr | Senior Vice President - Production Enhancement & Business Development | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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