|Bid||17.50 x 800|
|Ask||25.59 x 800|
|Day's Range||17.46 - 18.56|
|52 Week Range||6.68 - 49.38|
|Beta (5Y Monthly)||3.10|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 21, 2020 - Oct 26, 2020|
|Forward Dividend & Yield||0.04 (0.22%)|
|Ex-Dividend Date||Jul 24, 2020|
|1y Target Est||21.93|
A broad collection of energy companies got a boost today, but the rise isn't really all that surprising.
Shares of energy services provider Core Laboratories (NYSE: CLB) fell just over 12% in early trading on Tuesday. Core Labs provides services that allow exploration and production (E&P) companies to increase their output. It's largely a data analysis business, which sets the company apart from other drilling services providers that have to invest heavily in equipment like multimillion-dollar drilling rigs.
We're definitely into long term investing, but some companies are simply bad investments over any time frame. It hits...