Demand and volumemixed · 4 filings
“Sequentially, the decrease was primarily driven by a decrease in large customer bulk shipment orders in the international markets, as well as a decrease in US land market activity.”10-Q · May 1, 2026 ↗
Core Laboratories Inc.
CLB
Market read
Core Laboratories Inc.'s move is being confirmed by its market group.
CLB accounts for 7.0% of the group's measured movement across 6.8 effective names. raw member direction is mixed; 6 of 11 session-normalized paths align to the downside. Capital-flow agreement is 3%, so confirmation is not yet clean. No verified headline preceded the measured group move.
MOVE ANATOMY
Session-normalized 5m pathsIs this move genuinely shared?
Role in the moveAligned contributor#5 of 11 by movement share
Group movement share7.0%Absolute path energy—not portfolio weight
Relative path-0.47%aligned
Effective breadth6.8 / 11broad
Relative alignment6/11downside path · 3 counter-moving
Capital-flow agreement3%not yet clean
SEQUENCE READ
AESI, VIST, ACDC moved materially before CLB. CLB crossed its material path threshold at 15:35 ET, 15 minutes after the first measured mover. PDS, GLNG, TS followed.
EVIDENCE COVERAGE
5 of 11 members in Oil & Gas are active. 0 of 1 disclosed connections are confirming.
What would change this read
Watch this read- At least 8 of 11 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as AR begins moving with the group.
Invalidation: The live read weakens if participation falls to 3 of 11 members or fewer.
Research brief
The story so far
CLB accounts for 7.0% of the group's measured movement across 6.8 effective names. raw member direction is mixed; 6 of 11 session-normalized paths align to the downside. Capital-flow agreement is 3%, so confirmation is not yet clean. No verified headline preceded the measured group move.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- At least 8 of 11 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as AR begins moving with the group.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods5
Price observations318
Usable filing statements120
Verified relationships1
Evidence supporting the case
No qualifying supportive evidence was identified.
Evidence challenging the case
- Demand and volume has repeated adverse evidence across 4 filings.
- Restructuring and cost reductions has repeated adverse evidence across 4 filings.
Questions before a position
- EV/sales is 68% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 9, 2026
12.636m-27.4%12m+13.6%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$470.3M—$0.42—
2022-12-31$489.7M+4.1%$0.42+0.3%
2023-12-31$509.8M+4.1%$0.77+1.5%
2024-12-31$523.8M+2.8%$0.66+0.3%
2025-12-31$526.5M+0.5%$0.63-1.4%
What management says matters
Persistent and emerging business drivers
Restructuring and cost reductionsnegative · 4 filings
“These cost increases were partially offset by lower facility exit costs and certain asset write-downs totaling $0.6 million recorded during the three months ended March 31, 2026 compared to a total charge of $2.7 million on severance, facility exit costs and…”10-Q · May 1, 2026 ↗
Tariffs and trade policynegative · 3 filings
“Revenue was negatively impacted by the ongoing geopolitical conflicts in the Middle East, Russia and Ukraine, and expanded sanctions previously discussed, which disrupted our client activity, field access and laboratory operations across certain international…”10-Q · May 1, 2026 ↗
Energy and commodity pricesnegative · 2 filings
“The increase in revenue is primarily due to a higher level of service revenue associated with strong growth in well completion diagnostic services in 2025 as natural gas prices rebounded, substantially offset by lower product sales in the U.S.”10-K · Mar 23, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.1× · EV/sales 1.3×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
12.49+0.1% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 14:30 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for CLB. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for CLB. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind CLB
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
BRELYFiling-linked nameinvesteeMar 23, 2026 ▾
“On October 1, 2025, we acquired 100 % of the equity interests in Solintec Consultoria E Servicos De Geologia Ltda., a Brazilian limited liability company and a leading provider of geological services to the region’s oil and gas industry (“Solintec”).”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 2 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
CLB is currently a Participant in the organic co-movement group Oil & Gas. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.