Newpark

OverviewSuggest Edit

Newpark Resources is a provider of products and services primarily to the oil and gas exploration and production industry. The сompany operates through two segments: Fluids Systems, which offers drilling fluids products and technical services for technical drilling projects involving complex subsurface conditions; and the Mats and Integrated Services segment which provides composite mat rentals, well site construction, and related site services to oil and gas customers
TypePublic
Founded1932
HQThe Woodlands, TX, US
Websitenewpark.com
Employee Ratings3.3
Overall CultureD

Latest Updates

Employees (est.) (Dec 2021)1,565
Job Openings37
Revenue (FY, 2021)$614.8 M(+25%)
Share Price (Aug 2022)$2.6(-5%)
Cybersecurity ratingAMore
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Key People/Management at Newpark

Matthew S. Lanigan

Matthew S. Lanigan

President, Chief Executive Officer and Board Member
Gregg S. Piontek

Gregg S. Piontek

Senior Vice President and Chief Financial Officer
Tasha M. Murphy

Tasha M. Murphy

Vice President, Human Resources
Lori Briggs

Lori Briggs

Corporate Vice President and President of Industrial Solutions
Edward C. Earle

Edward C. Earle

VP, General Counsel, Chief Administrative Officer, Chief Compliance Officer & Corporate Secretary
David A. Paterson

David A. Paterson

Corporate Vice President and President of Fluids Systems
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Newpark Office Locations

Newpark has offices in The Woodlands, Katy, Carencro, Henderson and in 4 other locations
The Woodlands, TX, US (HQ)
RFL Building 2, 9320 Lakeside Blvd #100
Katy, TX, US
21920 Merchants Way
Henderson, AU
11 Alacrity Place
Rio de Janeiro, BR
Av. das Américas, 3301 - Barra da Tijuca
Calgary, CA
635 6 Ave SW #300
Roma, IT
1313 Via Salaria
Show all (8)

Newpark Financials and Metrics

Newpark Revenue

Newpark's revenue was reported to be $614.78 m in FY, 2021
USD

Revenue (Q1, 2022)

176.4m

Net income (Q1, 2022)

2.5m

EBIT (Q1, 2022)

967.0k

Market capitalization (4-Aug-2022)

258.6m

Closing stock price (4-Aug-2022)

2.7

Cash (31-Mar-2022)

21.3m
Newpark's current market capitalization is $258.6 m.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

946.5m820.1m492.6m614.8m

Revenue growth, %

27%(13%)(40%)

Cost of goods sold

767.0m684.7m473.3m529.6m

Gross profit

179.6m135.4m19.4m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

211.5m216.4m202.8m164.6m101.9m96.4m141.2m142.2m151.8m176.4m

Cost of goods sold

175.0m177.9m169.4m146.1m112.3m99.3m120.0m124.1m132.3m151.0m

Gross profit

36.5m38.5m33.3m18.5m(10.3m)(2.9m)21.2m18.1m19.5m

Gross profit Margin, %

17%18%16%11%(10%)(3%)15%13%13%
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

56.1m48.7m24.2m24.1m

Accounts Receivable

254.4m216.7m141.0m194.3m

Prepaid Expenses

15.9m16.5m15.1m14.8m

Inventories

196.9m196.9m147.9m155.3m
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

32.3m(12.9m)(80.7m)(25.5m)

Depreciation and Amortization

45.9m47.1m45.3m42.2m

Inventories

(30.4m)699.0k39.9m(10.3m)

Accounts Payable

2.4m(8.3m)(29.5m)36.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

1.3m5.6m4.1m(12.1m)(38.4m)(62.3m)(5.4m)(11.4m)(21.8m)2.5m

Depreciation and Amortization

11.4m23.1m34.9m11.5m22.9m34.2m10.8m21.5m32.0m10.5m

Inventories

10.1m3.9m11.9m5.5m7.5m26.6m6.7m(209.0k)(2.5m)(14.8m)

Accounts Payable

(15.1m)6.2m(11.8m)(9.8m)(26.6m)(34.6m)11.4m21.3m25.3m11.2m
USDFY, 2018

Revenue/Employee

394.4k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x
Show all financial metrics

Newpark Operating Metrics

FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

Drilling Rigs

6391.15 k1.01 k1.04 k1.08 k1.26 k1.15 k1.24 k1.22 k1.23 k1.07 k1.05 k1.08 k

Drilling Rigs (Canada)

13020811729520620910826919118382132134

Drilling Rigs (US)

5099468957428771.05 k1.04 k9661.03 k1.04 k989920943

Newpark Acquisitions / Subsidiaries

Company NameDateDeal Size
CLEANSORBOctober 01, 2019$18.7 m
Pragmatic Drilling Fluids Additives LtdAugust 01, 2016$4.4 m
Terrafirma Roadways LimitedDecember 01, 2013$6.8 m
SEM ConstructionSeptember 13, 2007
Ava Algerie E.U.R.L.
Ava International Drilling Fluids Ltd.
Ava Ukraine
Dbm Servicios
Dura-Base De Mexico S.A. De C.V.
Dura-Base Nevada
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Newpark Revenue Breakdown

Embed Graph

Newpark revenue breakdown by business segment: 72.0% from Fluids Systems and 28.0% from Industrial Solutions

Newpark revenue breakdown by geographic segment: 66.5% from United States, 5.0% from Canada, 26.1% from EMEA and 2.4% from Other

Newpark Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

Newpark Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Newpark Online and Social Media Presence

Embed Graph

Newpark Company Culture

  • Overall Culture

    D

    57/100

  • CEO Rating

    C-

    63/100

  • Compensation

    D-

    49/100

Learn more on Comparably

Newpark News and Updates

Newpark Resources Appoints New Member To Board Of Directors

THE WOODLANDS, Texas, Dec. 4, 2020 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") announced today that Michael A. Lewis has been appointed as a new member to its board of directors, effective January 1, 2021. Mr. Lewis has over 34 years of electric...

Newpark Resources Regains Compliance With NYSE Listing Standards

THE WOODLANDS, Texas, Dec. 3, 2020 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") announced today that it received written notification from the New York Stock Exchange (the "NYSE") that it has regained compliance with the NYSE continued listing standards....

Newpark Resources Receives NYSE Continued Listing Standard Notice

THE WOODLANDS, Texas, Nov. 5, 2020 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") announced today that it received formal notice on November 4, 2020 from the New York Stock Exchange ("NYSE") of non-compliance with NYSE continued listing standards. Newpark...

Newpark Resources Adopts Limited Duration Stockholder Rights Plan

This action reflects a response to the significant decline in the market price of the Company's common stock following the sharp decline in oil prices and its negative impact on the demand for our products and services, which has been exacerbated by the COVID-19 pandemic.read more

Newpark Resources Reports Second Quarter 2019 Results

THE WOODLANDS, Texas, July 30, 2019 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") today announced results for its second quarter ended June 30, 2019. Total revenues for the second quarter of 2019 were $216.4 million compared to $211.5 million for the...

Newpark Resources To Present At J.P. Morgan Energy Equity Investor Conference

THE WOODLANDS, Texas, June 6, 2019 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) announced that its management team will present at the J.P. Morgan Energy Equity Investor Conference to be held on June 18-19, 2019 in New York City. Paul Howes, President and Chief Executive Officer, is ...
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Newpark Frequently Asked Questions

  • When was Newpark founded?

    Newpark was founded in 1932.

  • Who are Newpark key executives?

    Newpark's key executives are Matthew S. Lanigan, Gregg S. Piontek and Tasha M. Murphy.

  • How many employees does Newpark have?

    Newpark has 1,565 employees.

  • What is Newpark revenue?

    Latest Newpark annual revenue is $614.8 m.

  • What is Newpark revenue per employee?

    Latest Newpark revenue per employee is $392.8 k.

  • Who are Newpark competitors?

    Competitors of Newpark include ESPEC, SECURE Energy Services and Signature Systems Group.

  • Where is Newpark headquarters?

    Newpark headquarters is located at RFL Building 2, 9320 Lakeside Blvd #100, The Woodlands.

  • Where are Newpark offices?

    Newpark has offices in The Woodlands, Katy, Carencro, Henderson and in 4 other locations.

  • How many offices does Newpark have?

    Newpark has 8 offices.