Today, Fool.com editors Joel South and Taylor Muckerman discuss Core Labs' big drop on Tuesday. The company slashed third-quarter expectations, citing Baker Hughes' rig count data, which is pointing to fewer land rigs in North America and therefore a reason to expect lower demand.
Taylor suggests looking at some offshore companies, such as Halliburton and Schlumberger, as an alternative to some of the stresses Core Labs may be facing.
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