The tone was surprisingly bullish about the outlook for 2016 and beyond, in sharp contrast to the 1Q15 CC by HAL.
Investors evidently agree that CLB is more protected from price erosion and loss of business than other oil-service companies, as the stock is +7.5% as I’m typing.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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