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DewDiligence

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DewDiligence

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Re: OakesCS post# 5942

Wednesday, 10/24/2012 10:31:03 PM

Wednesday, October 24, 2012 10:31:03 PM

Post# of 30495
CLB—Analysis of cores falls in the Reservoir Description segment. As you noted, some of CLB’s services may be much higher-margin than others, but we know that the average operating margin for the segment in 3Q12 was 31%.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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