Core Lab stock drops 22% in six months due to declining revenues and earnings

From Zacks Investment Research: 2025-06-30 09:18:00

Core Laboratories Inc. (CLB) stock has dropped 21.6% in the past six months, underperforming its sector and competitors like Oceaneering International, Subsea 7 SA, and Flotek Industries. The company reported a decline in Q1 revenues and earnings due to sanctions, seasonal slowdowns, and weak U.S. activity. Margin pressure, limited growth drivers, and high debt levels are raising concerns for investors about future returns. CLB is facing challenges internally, which go beyond general industry headwinds, leaving investors unsure about the company’s future prospects in the oil and gas field services sector.



Read more at Zacks Investment Research: Core Lab Stock Plunges 22% in Six Months: Time to Hold or Sell? – June 30, 2025