Core Labs to cut 2020 capex below 2016 levels, slashes dividend to $0.01 [Seeking Alpha]
Core Laboratories Inc. (CLB)
Last core laboratories inc. earnings: 4/22 05:05 pm
Check Earnings Report
US:NYSE Investor Relations:
corelab.com/investors
Company Research
Source: Seeking Alpha
Energy | On the Move Core Labs to cut 2020 capex below 2016 levels, slashes dividend to $0.01 Mar. 16, 2020 6:28 PM ET Core Laboratories N.V. (CLB) Carl Surran Core Laboratories (NYSE: cutting its full-year capital spending The company will cut quarterly dividends to $0.01/share beginning in Q2 from $0.25/share previously, which it says will provide additional cash flow to accelerate debt reduction. Core Labs says the dividend cut will enhance annual cash flow by $43M, while cost reduction plans already approved and lower capex should provide more than $30M additional cash flow on an annual basis. -1.9% See all stocks on the move » Now read: In The Face Of Panic: Selling Income-Generating Put Options, Phillips 66 Edition »
Show less
Read more
Impact Snapshot
Event Time:
CLB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CLB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CLB alerts
High impacting Core Laboratories Inc. news events
Weekly update
A roundup of the hottest topics
CLB
News
- Calculating The Fair Value Of Core Laboratories Inc. (NYSE:CLB) [Yahoo! Finance]Yahoo! Finance
- Core Laboratories Inc. (NYSE: CLB) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Core Laboratories Inc. (NYSE: CLB) had its price target lowered by analysts at Citigroup Inc. from $15.00 to $14.00. They now have a "sell" rating on the stock.MarketBeat
- Core Laboratories Inc. (NYSE: CLB) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Core Laboratories Third Quarter 2024 Earnings: EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
CLB
Earnings
- 10/23/24 - Beat
CLB
Sec Filings
- 10/3/24 - Form 4
- 10/3/24 - Form 4
- CLB's page on the SEC website