CLB - Core Laboratories NV - Stock & Dividends

Core Laboratories NV is a leading provider of innovative solutions to the oil and gas industry, operating in the United States and internationally. The company's primary objective is to help its clients optimize their reservoir performance, increase hydrocarbon recovery, and reduce operational costs.

The Reservoir Description segment is a critical component of Core Laboratories' business, focusing on the detailed analysis of petroleum reservoir rock and fluid samples. This involves a range of laboratory-based analytical and field services, including the characterization of crude oil and oil products, as well as proprietary and joint industry studies. These services enable clients to better understand their reservoirs, identify opportunities for improvement, and develop effective strategies for enhanced oil recovery. Additionally, the company provides support for carbon capture, utilization and storage, geothermal projects, and the evaluation and appraisal of mining activities.

The Production Enhancement segment offers a comprehensive suite of services and products designed to optimize well performance and improve hydrocarbon recovery. This includes integrated diagnostic services to evaluate and monitor well completions, as well as solutions to enhance the effectiveness of enhanced oil recovery projects. The company's expertise in reservoir well completions, perforations, stimulations, production, and well abandonment enables clients to maximize their returns on investment and minimize operational risks.

Core Laboratories' commitment to innovation and customer service is reflected in its marketing and sales strategy, which combines the efforts of sales representatives, technical seminars, trade shows, and print advertising. The company also partners with distributors to ensure its products and services are accessible to clients worldwide. With a rich history dating back to 1936, Core Laboratories is headquartered in Houston, Texas, and continues to be a trusted partner to the oil and gas industry. For more information, visit https://www.corelab.com.