Core Laboratories N.V. · Amsterdam The Netherlands ·(NYSE: CLB)
Company Description
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The core of Core Laboratories' mission is to enable oil exploration and production companies to get the most out of their aging petroleum reservoirs. The company, which operates in more than 50 countries, analyzes petroleum reservoir rock and fluids, helping oil companies determine how much gas or oil is present in their reservoirs and how quickly it can be extracted. After oil and gas well analysis, Core Laboratories offers hydraulic fracturing and field flooding (forcing water, carbon dioxide, or hydrocarbon gases into a well to push out oil and gas and boost production). The company also provides reservoir management services. Clearbridge Advisors holds a 14% stake in Core Laboratories. To read the full description, subscribe now.
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Key Core Laboratories N.V. Financials
| Company Type | Public - NYSE: CLB Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $780.8 |
| 2008 Employees | 5,000 |
Core Laboratories N.V. Executives
17 executives listed for Core Laboratories N.V.'s Amsterdam, location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | David Demshur | Network |
| SVP and COO | Monty Davis | Network |
| Richard Bergmark | Network |
Competition
Competitive Landscape for Core Laboratories N.V.
Demand is driven largely by the construction needs of companies and governments and the desire of industrial customers to improve the efficiency of operations. Profitability depends on the ability to accurately predict costs for a project. Small firms, which can effectively compete with larger ones by having expertise in a particular field, are often hired as consultants on larger projects if they have special expertise. Large firms are advantaged in designing and managing large projects. Average revenue per employee is about $200,000 for large firms, $115,000 for small ones. To read the full description, subscribe now.Top Core Laboratories N.V. Competitors
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