The results look decent but the future projection looks nasty. CLB seems like a good company but it has to bottom out first. Maybe someplace in the 70's, about half of what it was 3 - 4 months ago
I'd look for info regarding relative shares of N Sea, NAM, and deep water anywhere vs Middle East. Judging by what I see in the job market, the former are losing humans while recruiters are looking for humans to go to the latter.