October 24, 2019 - 8:19 AM EDT
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This Oil Stock's Earnings Were Right on Target Despite Turbulent Market Conditions

The turbulence of uncertainty continues to hammer the energy market, most recently due to concerns that oil demand growth is slowing. This issue is causing oil drillers to slow their pace, which is negatively impacting the operations of oil-field service companies. That was evident in the third quarter, as the number of wells that the industry completed declined by more than 10%.

However, despite those turbulent market conditions, Core Laboratories' (NYSE: CLB) third-quarter results were right on target thanks to the strength of its international operations.


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Source: Motley Fool (October 24, 2019 - 8:19 AM EDT)

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