CLB

Core Laboratories Inc. provides reservoir description and production enhancement services and products to the oil and gas industry worldwide. The company operates through segments including Reservoir Description (rock and fluid analysis, geomechanics, reservoir characterization) and Production Enhancement (production chemicals, enhanced oil recovery, well completion services). Core Laboratories analyzes rock, fluid, and reservoir samples to help operators optimize reservoir performance and maximize hydrocarbon recovery. The company serves international and independent oil companies, national oil companies, and other oilfield service companies through laboratories and operations globally. Founded in 1936 and headquartered in Amsterdam, Netherlands with U.S. operations based in Houston, Texas, Core Laboratories has built technical expertise and intellectual property in reservoir analysis. The company benefits from long-standing customer relationships, specialized capabilities, and essential services for optimizing oil and gas production. Core Labs faces cyclicality tied to exploration and production spending, commodity price volatility, competition, and energy transition pressures reducing long-term oil and gas investment. The company has experienced weak demand and profitability challenges. Core Labs continues to serve existing basins while managing costs and capital allocation.