Those new to the energy industry may not have heard much about the oil services company Core Laboratories (CLB). Considering its reputation, however, this may be the time to get to know this high-flying energy stock. The company has consistently met or exceeded earnings expectations for more than a year, and signs look good for it to do so again when Core issues its next quarterly report on Wednesday.
So what will it take for Core to put together another spectacular quarter? One item to look at is the degree to which it has been able to sell its shale drilling technologies to international markets. Places like Russia, North Africa, and Australia are starting to explore shale assets, and Core could be well positioned to fill technology gaps in those locations. To find out more reasons why Core could succeed, and what could hold it back, tune into the video below.
