CLB

Type: Public
On the web: http://www.corelab.com
Employees: 5,000
Employee growth: 2.0%

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.

Key numbers for fiscal year ending December, 2008:
Sales: $780.8M
One year growth: 16.4%
Net income: $143.6M
Income growth: 18.6%

Officers:
Chairman, President, and CEO: David M. Demshur
SVP and COO: Monty L. Davis
EVP, CFO, Treasurer, and Director: Richard L. Bergmark

Competitors:
Baker Hughes
Halliburton
Schlumberger

CLB could mean

• "Church Lads' Brigade", a former name of the Church Lads' and Church Girls' Brigade
• Columbia Lighthouse for the Blind
• Configurable Logic Block (cf. FPGAs)
• In China, China Labour Bulletin
• In India, the Company Law Board
• In Malaysia, Chung Ling High School, Butterworth
• Church of the Lutheran Brethren of America
• In sport, an abbreviation for teams based in Columbus, USA
• In parenting, a method to sleep train a baby, from The New Content Little Baby book
• Component Load Balancing (CLB)

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