Replies to post #8598 on The Rising Influence of Rising Affluence

[DewDiligence]

CLB—While I have no reason to doubt the comment about 85% of revenue coming from international oil fields…

I’m pretty sure the Morningstar analyst is too high with that estimate. It’s closer to 70%, IMO.

Note: For financial reporting, CLB attributes 50% of revenue as US-based, but this classification is based on the location of the analysis lab rather than the origin of the samples being analyzed.

[DewDiligence]

All told, would you be bullish on CLB at the current (lower) valuation? T.i.a.