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Newpark Resources

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 that provides composite mat rentals, well site construction, and related site services to oil and gas customers.

TypePublic
Founded1932
HQThe Woodlands, TX, USMap
Websitenewpark.com
Employee Ratings3.8More
Overall CultureFMore

Recent NewsAll News

Latest Updates

Employees (est.) (Jan 2020)2,200(-12%)
Revenue (FY, 2019)$820.1 M(-13%)
Share Price (Jan 2021)$2.7
Cybersecurity ratingAMore

Key People/Management at Newpark Resources

Gregg S. Piontek

Gregg S. Piontek

Senior Vice President & Chief Financial Officer
Matthew S. Lanigan

Matthew S. Lanigan

Corporate Vice President and President of Mats and Integrated Services
Paul L. Howes

Paul L. Howes

President, Chief Executive Officer & Director
Tasha Proske

Tasha Proske

Vice President, Human Resources
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 Resources Office Locations

Newpark Resources has offices in The Woodlands, Carencro, Katy, Henderson and in 4 other locations
The Woodlands, TX, US (HQ)
RFL Building 2, 9320 Lakeside Blvd #100
Carencro, LA, US
2900 LA-93, Carencro, LA 70520, USA
Katy, TX, US
21920 Merchants Way
Henderson, AU
11 Alacrity Place
Rio de Janeiro, BR
Av. das Américas, 3301 - Barra da Tijuca
Calgary, CA
Suite 300, 635 6th Ave. SW
Show all (8)

Newpark Resources Financials and Metrics

Newpark Resources Revenue

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Newpark Resources's revenue was reported to be $820.12 m in FY, 2019 which is a 13.4% decrease from the previous period.
USD

Revenue (Q3, 2020)

96.4m

Gross profit (Q3, 2020)

(2.9m)

Gross profit margin (Q3, 2020), %

(3%)

Net income (Q3, 2020)

(23.9m)

EBIT (Q3, 2020)

(25.7m)

Market capitalization (22-Jan-2021)

240.6m

Closing stock price (22-Jan-2021)

2.7

Cash (30-Sept-2020)

24.0m

EV

345.3m
Newpark Resources's current market capitalization is $240.6 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

471.5m747.8m946.5m820.1m

Revenue growth, %

(30%)59%27%(13%)

Cost of goods sold

437.8m607.9m767.0m684.7m

Gross profit

33.7m139.9m179.6m135.4m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

158.7m183.0m201.7m227.3m236.3m235.3m211.5m216.4m202.8m164.6m101.9m96.4m

Cost of goods sold

129.6m148.4m164.6m186.5m188.5m194.7m175.0m177.9m169.4m146.1m112.3m99.3m

Gross profit

29.1m34.6m37.1m40.8m47.8m40.6m36.5m38.5m33.3m18.5m(10.3m)(2.9m)

Gross profit Margin, %

18%19%18%18%20%17%17%18%16%11%(10%)(3%)
show all
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

87.9m56.4m56.1m48.7m

Accounts Receivable

214.3m265.9m254.4m216.7m

Prepaid Expenses

17.1m17.5m15.9m16.5m

Inventories

143.6m165.3m196.9m196.9m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

69.9m68.2m64.7m59.9m71.7m52.2m54.5m49.0m53.7m49.1m42.9m24.0m

Accounts Receivable

238.2m230.2m262.1m267.2m252.2m264.0m250.1m249.2m236.6m197.4m139.6m128.0m

Prepaid Expenses

16.8m50.0m104.7m16.5m20.5m18.0m15.5m23.7m18.7m16.2m20.7m17.3m

Inventories

145.4m156.9m164.4m189.1m189.6m202.7m186.5m193.5m183.4m188.0m178.0m159.6m
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Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(40.7m)(6.1m)32.3m(12.9m)

Depreciation and Amortization

38.0m39.8m45.9m47.1m

Inventories

16.0m(15.1m)(30.4m)699.0k

Accounts Payable

(5.2m)14.2m2.4m(8.3m)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(983.0k)649.0k3.3m7.2m18.1m21.7m1.3m5.6m4.1m(12.1m)(38.4m)(62.3m)

Depreciation and Amortization

9.4m19.2m29.0m11.3m22.8m34.3m11.4m23.1m34.9m11.5m22.9m34.2m

Inventories

(829.0k)(10.5m)(17.3m)(17.8m)(21.5m)(34.8m)10.1m3.9m11.9m5.5m7.5m26.6m

Accounts Payable

(1.7m)15.6m18.0m18.5m6.7m7.1m(15.1m)6.2m(11.8m)(9.8m)(26.6m)(34.6m)
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USDFY, 2016

Revenue/Employee

238.1k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.6 x
Show all financial metrics

Newpark Resources Operating Metrics

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

Drilling Rigs

639 1.15 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)

130 208 117 295 206 209 108 269 191 183 82 132 134

Drilling Rigs (US)

509 946 895 742 877 1.05 k1.04 k966 1.03 k1.04 k989 920 943
Show all operating metrics

Newpark Resources Acquisitions / Subsidiaries

Company NameDateDeal Size
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
Excalibar Minerals LLC
Newpark Australia Pty Ltd
Newpark Canada
Newpark Chile Limitada
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Newpark Resources Revenue Breakdown

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Newpark Resources revenue breakdown by business segment: 24.4% from Mats and Integrated Services and 75.6% from Fluids Systems

Newpark Resources revenue breakdown by geographic segment: 15.0% from All Other EMEA, 7.3% from Algeria, 70.6% from United States and 7.1% from Other

Newpark Resources Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

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Newpark Resources Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Newpark Resources Online and Social Media Presence

Newpark Resources's Trends

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Newpark Resources Company Culture

  • Overall Culture

    F

    37/100

  • CEO Rating

    F

    50/100

  • Compensation

    F

    20/100

Learn more on Comparably

Newpark Resources News and Updates

January 14, 2021

Global Drilling Fluids Market Report 2020-2027 with Focus on Key Players - Baker Hughes, Halliburton, Imdex, National Oilwell Varco, Newpark Resources, Schlumberger, & Weatherford International

Dublin, Jan. 14, 2021 (GLOBE NEWSWIRE) -- The "Drilling Fluids - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Drilling Fluids Market to Reach $9.6 Billion by 2027Amid the COVID-19 crisis, the global market for Drilling Fluids estima…
December 04, 2020

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...
December 03, 2020

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....
November 05, 2020

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...
May 28, 2020

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
July 30, 2019

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...
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 Newpark Resources Frequently Asked Questions

  • When was Newpark Resources founded?

    Newpark Resources was founded in 1932.

  • Who are Newpark Resources key executives?

    Newpark Resources's key executives are Gregg S. Piontek, Matthew S. Lanigan and Paul L. Howes.

  • How many employees does Newpark Resources have?

    Newpark Resources has 2,200 employees.

  • What is Newpark Resources revenue?

    Latest Newpark Resources annual revenue is $820.1 m.

  • What is Newpark Resources revenue per employee?

    Latest Newpark Resources revenue per employee is $372.8 k.

  • Who are Newpark Resources competitors?

    Competitors of Newpark Resources include Signature Systems Group, Baker Hughes and Schlumberger.

  • Where is Newpark Resources headquarters?

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

  • Where are Newpark Resources offices?

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

  • How many offices does Newpark Resources have?

    Newpark Resources has 8 offices.