AFM Portaal en AFM-website niet bereikbaar komend weekend
Vanaf vrijdag 4 oktober 21.00 uur tot zondag 6 oktober 21.00 uur is het AFM Portaal niet bereikbaar. Vanaf zaterdag 5 oktober 06.00 uur tot zondag 6 oktober 21.00 uur is de AFM-website niet bereikbaar.
Core Laboratories N.V.
Hieronder vindt u informatie uit het register openbaarmaking voorwetenschap. Deze informatie is door de organisatie verstrekt.
Publicatie datum
01 okt 2012 - 22:21
Statutaire naam
Core Laboratories N.V.
Titel
CORE LAB ISSUES UPDATED GUIDANCE FOR THE THIRD QUARTER 2012
Bericht
AMSTERDAM (October 1, 2012) - Core Laboratories N.V. (NYSE: “CLB US” and NYSE Euronext “CLB NA”) expects 3rd quarter 2012 consolidated results to be below the prior guidance given on its 2nd quarter 2012 earnings release and subsequent earnings conference call. As discussed on that call, guidance was based upon a flat North American rig count along with a view to improving activity outside of North America. Since the end of the 2nd quarter 2012, the Baker Hughes land rig count for the United States is actually down by 112 units, roughly 6%, while the Canadian rig count is 30% below prior year levels. The oil rig count peaked at 1,432 in early August 2012 and has since dropped by 22 units. Over the same period, the gas rig count has decreased by 60 units.
This reduction in activity has impacted the Company’s Production Enhancement segment, which is more levered to activity in North America. Expected revenues for Production Enhancement in the 3rd quarter 2012 were impacted proportionally with that downward change in industry activity levels. In response, Core has reduced variable and fixed cost components in this business segment to mitigate potential impact on its operating margins going forward. Core now expects 3rd quarter 2012 revenues for its Production Enhancement segment to be approximately $100 million. While this is slightly higher than reported for the 2nd quarter 2012, it is not at the level expected before this recent fall in activity and rig count. Core’s Reservoir Description segment, which is more levered to the international activity levels, is expected to improve year-over-year with near-record quarterly revenues coupled with margin expansion between 200 and 300 basis points. The Company’s Reservoir Management segment appears minimally impacted by the decline in North America activity levels.
As a result of these changes in activity levels from prior expectations, the Company now believes that its 3rd quarter 2012 consolidated revenues will be within
Datum laatste update: 06 oktober 2024