Newpark Resources

Newpark Resources, Inc. engages in the provision of products, rentals and services to the oil and gas exploration and production industry. It operates through the Fluids Systems and Industrial Solutions segments. The Fluids Systems segment offers drilling fluids products and technical services. The Industrial Solutions segments includes site and access solutions business along with industrial bending operations. The company was founded in 1932 and is headquartered in The Woodlands, TX.

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Newpark Resources reports revenue growth and strategic initiatives for 2022

Newpark Resources' Q4 2022 performance showcased revenue growth, improved EBITDA, and strategic initiatives for enhanced returns and cash flow.
Despite challenges in Fluid Systems, the company's focus on operational efficiency and growth opportunities positions it well for future success.
With a positive outlook on utilities infrastructure spending and Fluids business agility, Newpark Resources aims for continued growth and profitability.

Newpark Resources reports record Q1 revenues, focuses on innovation and growth

Newpark Resources delivered strong financial performance in Q1 2023, driven by record revenues and effective cost management. The company's focus on innovation, debt reduction, and strategic investments underscores a commitment to long-term success. While facing challenges in cost optimization and market dynamics, Newpark Resources remains poised to capitalize on growth opportunities and maintain financial resilience.

Newpark Resources reports strong Q2 performance and explores strategic alternatives

Newpark Resources delivered a strong Q2 performance with notable growth in key segments and a focus on enhancing shareholder value.
The company's strategic focus on capital allocation, cost optimization, and potential acquisitions positions it for future growth.
Challenges in the Fluid Systems division are being addressed through exploration of strategic alternatives.
Overall, Newpark Resources is navigating opportunities for growth while addressing challenges to drive shareholder value.

Newpark Resources excels in Q3 earnings, eyes growth opportunities

Newpark Resources delivered a robust performance in Q3, showcasing strong financial metrics and operational achievements. While facing challenges in margin management and economic uncertainties, the company remains focused on growth opportunities and enhancing shareholder value through strategic initiatives.

Newpark Resources reports strong Q4 performance, plans divestiture for growth

Newpark Resources delivered a solid performance in Q4 2023, driven by growth in Industrial Solutions and improvements in Fluids business.
The company's focus on operational efficiencies, debt reduction, and shareholder value enhancement position it well for future growth.
Challenges in Fluid Systems revenue and divestiture plans for Fluids business require strategic adjustments for sustained performance.
Opportunities in rental fleet expansion, inorganic growth, and portfolio optimization offer avenues for future growth and value creation.

Newpark Resources reports strong Q1 performance, eyes global growth opportunities

Newpark Resources' Q1 performance reflects a balanced growth strategy across Industrial Solutions and Fluid Systems segments, with a focus on market expansion and cost efficiency.
While facing challenges in certain sectors, the company's strengths in the utility sector and margin expansion demonstrate resilience and adaptability.
With a positive outlook for multiyear demand and strategic investments in fleet expansion, Newpark is poised to capitalize on growth opportunities and drive sustainable performance.

Newpark Resources faces Q3 challenges, eyes growth through cost optimization

Newpark Resources navigated challenges in Q3 2024 but demonstrated resilience with a strong rebound in late Q3, setting the stage for growth in 2025.
Strategic initiatives to optimize costs, focus on site access solutions, and prudent capital allocation underscore the company's commitment to long-term success.
Addressing operational challenges and seizing growth opportunities will be pivotal for Newpark Resources to drive profitability and shareholder value in the future.

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Newpark Resources, Inc. engages in the provision of products, rentals and services to the oil and gas exploration and production industry. It operates through the Fluids Systems and Industrial Solutions segments. The Fluids Systems segment offers drilling fluids products and technical services. The Industrial Solutions segment includes the site and access solutions business along with industrial bending operations. The company was founded in 1932 and is headquartered in The Woodlands, TX.

THE WOODLANDS, Texas , Jan. 17, 2023 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) announced today that it will release its fourth quarter 2022 results on Thursday, February 16, 2023 after the market closes.  In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, on Friday, February 17, 2023 at 9:30 a.m.

NEWPARK RESOURCES ANNOUNCES FOURTH QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE

Company also provides update on Share Repurchase Program THE WOODLANDS, Texas , Dec. 28, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) "Newpark" or the "Company") today announced it has completed the previously announced transactions, which effectively provide for the Company's exit from the Gulf of Mexico market.  The two completed transactions include the sale of substantially all assets associated with the Gulf of Mexico completions fluids operations, as well as a separate transaction, through which the Company has entered a seven-year sublease of the Company's Fourchon, Louisiana drilling fluids shorebase and blending facility with a leading global energy services provider.

NEWPARK RESOURCES ANNOUNCES COMPLETION OF GULF OF MEXICO TRANSACTIONS

THE WOODLANDS, Texas , Dec. 2, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") announced today that Anthony J. Best, who has served as an independent member of the Company's Board of Directors (the "Board") since 2014, and Chairman of the Board since 2018, informed the Company that he has chosen not to stand for re-election and instead retire from the Board immediately following the Company's upcoming Annual Meeting of Stockholders in May 2023.

NEWPARK RESOURCES ANNOUNCES RETIREMENT OF BOARD CHAIRMAN

Combined divestitures to generate nearly $80 million of net cash THE WOODLANDS, Texas , Dec. 1, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) "Newpark" or the "Company") today announced it has completed the previously announced sale of substantially all the long-lived assets, inventory and operations of its Excalibar mineral grinding business ("Excalibar") to Cimbar Resources, INC. Separately, the Company announced it has also completed the sale of the Conroe, Texas blending and warehouse facility.

NEWPARK RESOURCES ANNOUNCES CLOSING OF U.S. MINERAL GRINDING BUSINESS AND CONROE, TEXAS BLENDING FACILITY TRANSACTIONS

Newpark Resources, Inc. (NYSE:NR ) Q3 2022 Earnings Conference Call November 2, 2022 9:30 AM ET Company Participants Ken Dennard - Dennard Lascar IR Matthew Lanigan - President and CEO Gregg Piontek - CFO Conference Call Participants William Dezellem - Tieton Capital Management Operator Good morning, ladies and gentlemen, and welcome to the Newpark Resources Third Quarter 2022 Conference Call. [Operator Instructions] And with that, I will now turn the program over to your host, Ken Dennard.

Newpark Resources, Inc. (NR) Q3 2022 Earnings Call Transcript

Company provides updates on Strategic Actions; Impairments drive reported net loss of ($0.26) per share;  Adjusted net income $0.06 per diluted share THE WOODLANDS, Texas , Nov. 1, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") today announced results for its third quarter ended September 30, 2022. Total revenues for the third quarter of 2022 were $219.9 million compared to $194.1 million for the second quarter of 2022 and $151.8 million for the third quarter of 2021.

NEWPARK RESOURCES REPORTS THIRD QUARTER 2022 RESULTS

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THE WOODLANDS, Texas , Oct. 20, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") today announced that it has entered into a definitive agreement to sell substantially all the long-lived assets, inventory and operations of its Excalibar mineral grinding business ("Excalibar") to Cimbar Resources, INC.  ("Cimbar"), a mineral-based additive solutions company based in Chatsworth, GA.

NEWPARK RESOURCES ANNOUNCES DEFINITIVE AGREEMENT TO SELL ITS U.S. MINERAL GRINDING BUSINESS

Newpark Resources, Inc. continues to be mired in legacy structural concerns. Investors patience is wearing thin with Newpark Resources, as evidenced by a lack of analyst coverage.

Newpark Resources: Still Holding, But Losing Patience

THE WOODLANDS, Texas , Oct. 11, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) announced today that it will release its third quarter 2022 results on Tuesday, November 1, 2022 after the market closes.  In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, on Wednesday, November 2, 2022 at 9:30 a.m.

NEWPARK RESOURCES ANNOUNCES THIRD QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE

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Newpark Resources, Inc. (NYSE:NR ) Q2 2022 Results Conference Call August 3, 2022 10:00 AM ET Company Participants Ken Dennard - Dennard Lascar IR Matthew Lanigan - President and CEO Gregg Piontek - CFO Operator Greetings, and welcome to the Newpark Resources Second Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Newpark Resources, Inc. (NR) CEO Matthew Lanigan on Q2 2022 Results - Earnings Call Transcript

Newpark (NR) delivered earnings and revenue surprises of -66.67% and 3.77%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Newpark Resources (NR) Q2 Earnings Lag Estimates

Company reports net loss of ($0.08) per share; Adjusted net income of $0.01 per diluted share THE WOODLANDS, Texas , Aug. 2, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") today announced results for its second quarter ended June 30, 2022. Total revenues for the second quarter of 2022 were $194.1 million compared to $176.4 million for the first quarter of 2022 and $142.2 million for the second quarter of 2021.

NEWPARK RESOURCES REPORTS SECOND QUARTER 2022 RESULTS

THE WOODLANDS, Texas , July 6, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) announced today that it will release its second quarter 2022 results on Tuesday, August 2, 2022 after the market closes.  In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, on Wednesday, August 3, 2022 at 10:00 a.m.

NEWPARK RESOURCES ANNOUNCES SECOND QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE

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Is Newpark Resources (NR) a Great Value Stock Right Now?

Does Newpark Resources (NR) have what it takes to be a top stock pick for momentum investors? Let's find out.

Newpark Resources (NR) Is Up 7.75% in One Week: What You Should Know

Newpark Resources, Inc. (NYSE:NR ) Q1 2022 Earnings Conference Call May 4, 2022 10:00 AM ET Company Participants Ken Dennard - Dennard Lascar, IR Matthew Lanigan - President & CEO Gregg Piontek - CFO Conference Call Participants Operator Greetings and welcome to the Newpark Resources First Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode.

Newpark Resources, Inc. (NR) CEO Matthew Lanigan on Q1 2022 Results - Earnings Call Transcript

Company reports revenues of $176 million, operating income of $1.0 million, net income of $2.5 million, and EBITDA of $11.4 million; Completes U.S. bank facility amendment THE WOODLANDS, Texas , May 3, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") today announced results for its first quarter ended March 31, 2022. Total revenues for the first quarter of 2022 were $176.4 million compared to $179.6 million for the fourth quarter of 2021 and $141.2 million for the first quarter of 2021.

NEWPARK RESOURCES REPORTS FIRST QUARTER 2022 RESULTS

THE WOODLANDS, Texas , April 5, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) announced today that it will release its first quarter 2022 results on Tuesday, May 3, 2022 after the market closes.  In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, on Wednesday, May 4, 2022 at 10:00 a.m.

NEWPARK RESOURCES ANNOUNCES FIRST QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE

THE WOODLANDS, Texas , April 4, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") announced today that G. Stephen Finley, who has served as an independent member of the Company's Board of Directors (the "Board") since 2007, informed the Chairman of the Board that he has chosen not to stand for re-election and instead retire from the Board immediately following the Company's upcoming Annual Meeting of Stockholders in May 2022.

NEWPARK RESOURCES ANNOUNCES RETIREMENT OF BOARD MEMBER

THE WOODLANDS, Texas, March 1, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") announced today that, consistent with the Company's announcement on February 18, 2022, its Board of Directors ("Board") has appointed Claudia M. Meer as a new independent Board member, effective today.

NEWPARK RESOURCES APPOINTS NEW MEMBER TO BOARD OF DIRECTORS

THE WOODLANDS, Texas, Feb. 18, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") today announced that the Company has entered into a cooperation agreement (the "Cooperation Agreement") with Bradley L. Radoff and affiliates ("BLR"), pursuant to which Donald "Donnie" Young will be appointed to the Board of Directors (the "Board"), effective March 1, 2022.

NEWPARK RESOURCES ENTERS INTO COOPERATION AGREEMENT WITH BRADLEY L. RADOFF

Newpark Resources, Inc. (NR) CEO Paul Howes on Q4 2021 Results - Earnings Call Transcript

THE WOODLANDS, Texas, Feb. 17, 2022 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") today announced results for its fourth quarter ended December 31, 2021. Total revenues for the fourth quarter of 2021 were $179.6 million compared to $151.8 million for the third quarter of 2021 and $129.7 million for the fourth quarter of 2020.

News for Newpark Resources Stock (NR)