Core Laboratories N.V.: Core Lab Euro-Denominated Fair Value Estimate Drops Due to Foreign Exchange Appreciation

Preston Caldwell is an analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc., serving as a member of the energy sector team as well as the China Economic Committee. For the energy team, he covers oilfield services stocks and participates in crafting Morningstar’s long-term oil price forecasts. As a member of the China Economic Committee, he manages Morningstar’s macroeconomic forecasting for China, including the publishing of quarterly economic update reports.Before joining Morningstar in 2016, Caldwell earned his master’s degree in business administration from Rice University, where he served as chief investment officer of the student equity investment fund. Caldwell also holds a bachelor’s degree in economics from the University of Arkansas.