For the fifth consecutive time, Core Laboratories (NYSE:CLB) turned in a record quarterly earnings report, one in which the company again distributed more money back to shareholders, $1.87 per share, than quarterly earnings per share, $1.43. In a market where cash is king, Core Labs spun 29% of revenue into free cash flow over the past three months while also maintaining the highest return on invested capital ratio of any publicly traded oil and gas service firm. 

A winner for the new year
Last year Core Labs was the Motley Fool's top stock for 2013 as the firm's share price appreciated by 70%. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.

This segment is from Thursday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors, @TMFEnergy.

Joel South and Taylor Muckerman have no position in any stocks mentioned, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.