The share price of Core Laboratories Inc. (NYSE:CLB) fell by 11.35% between July 11 and July 18, 2025, putting it among the Energy Stocks that Lost the Most This Week.
A drilling rig manned by engineers and oil field workers preparing to explore a new petroleum reservoir.
Core Laboratories Inc. (NYSE:CLB) is a leading global provider of proprietary and patented reservoir description and production enhancement services and products for the oil and gas industry.
Core Laboratories Inc. (NYSE:CLB) slumped this week after Stifel lowered the firm’s price target from $13 to $12, while maintaining a ‘Hold’ rating on its shares. The move reflects the analyst’s overall bearish outlook for the overall oilfield services sector, which has significantly underperformed the broader market since the beginning of 2025.
The oil and gas services industry is expected to post a decline in profits this earnings season due to an overall slowdown in drilling activity, caused by falling crude oil prices and global economic uncertainty due to President Trump’s tariff war. It is also expected that the guidance for the second half of this year will probably be lowered among oilfield contractors, further weighing down their stocks.
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