Why This Energy Company Fell Big
Today, Fool.com editors Joel South and Taylor Muckerman discuss Core Labs' big drop on Tuesday. The company slashed third-quarter expectations, citing Baker Hughes' rig count data, which is pointing to fewer land rigs in North America and therefore a reason to expect lower demand.
Taylor suggests looking at some offshore companies, such as Halliburton and Schlumberger, as an alternative to some of the stresses Core Labs may be facing.
As good as these companies are, though, we've found one energy stock that's an even better bet. It may be The Only Energy Stock You'll Ever Need. You can learn about this incredible operator today, totally free. Click here to access your report.