Core Laboratories Inc. Plans Quarterly Dividend of $0.01 (NYSE:CLB)

Core Laboratories Inc. (NYSE:CLB) announced a quarterly dividend on Wednesday, July 29th. Shareholders of record on Monday, August 10th will be given a dividend of 0.01 per share by the oil and gas company on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Monday, August 10th.

Core Laboratories has decreased its dividend payment by an average of 0.3%annually over the last three years. Core Laboratories has a dividend payout ratio of 4.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Core Laboratories to earn $0.79 per share next year, which means the company should continue to be able to cover its $0.04 annual dividend with an expected future payout ratio of 5.1%.

Core Laboratories Trading Down 7.7%

Shares of NYSE:CLB opened at $9.87 on Thursday. The company has a 50 day moving average of $12.17 and a 200-day moving average of $15.32. The company has a current ratio of 2.05, a quick ratio of 1.50 and a debt-to-equity ratio of 0.42. The firm has a market cap of $454.78 million, a P/E ratio of 15.18, a P/E/G ratio of 2.58 and a beta of 1.00. Core Laboratories has a twelve month low of $9.72 and a twelve month high of $20.36.

Core Laboratories (NYSE:CLB) last posted its quarterly earnings data on Wednesday, July 29th. The oil and gas company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.03. Core Laboratories had a net margin of 5.94% and a return on equity of 11.52%. During the same quarter last year, the firm earned $0.19 EPS. The firm’s revenue for the quarter was down 4.3% compared to the same quarter last year. Core Laboratories has set its Q3 2026 guidance at 0.120-0.200 EPS. As a group, analysts anticipate that Core Laboratories will post 0.53 earnings per share for the current fiscal year.

About Core Laboratories

Core Laboratories N.V. is a global provider of proprietary and patented reservoir description and production enhancement services to the oil and gas industry. The company applies specialized expertise in core and fluid analysis, advanced petrophysical interpretation, and reservoir engineering to optimize hydrocarbon recovery. By integrating laboratory testing with field services and digital analytics, Core Laboratories delivers insights that help operators maximize production and extend the life of their assets.

The company’s portfolio spans two primary service lines: reservoir description and production enhancement.