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, US
Websitenewpark.com
Employee Ratings3.3
Overall CultureD

Latest Updates

Employees (est.) (Dec 2020)1,560
Job Openings41
Revenue (FY, 2021)$614.8 M(+25%)
Share Price (Jul 2022)$3.3
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Newpark Resources

Matthew S. Lanigan

Matthew S. Lanigan

President, Chief Executive Officer and Board Member
Rose M. Robeson

Rose M. Robeson

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
Show more

Newpark Resources Office Locations

Newpark Resources has offices in The Woodlands, Carencro, Katy, Henderson and in 2 other locations
The Woodlands, TX, US (HQ)
RFL Building 2, 9320 Lakeside Blvd #100
Carencro, LA, US
2900 snelweg 93
Katy, TX, US
21920 Merchants Way
Henderson, AU
11 Alacrity Place
Roma, IT
1313 Via Salaria
Radley, GB
Thrupp Ln
Show all (8)

Newpark Resources Financials and Metrics

Newpark Resources Revenue

Newpark Resources'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 (26-Jul-2022)

302.6m

Closing stock price (26-Jul-2022)

3.3

Cash (31-Mar-2022)

21.3m
Newpark Resources's current market capitalization is $302.6 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 Resources 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 Resources 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
Show more

Newpark Resources Revenue Breakdown

Embed Graph

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

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

Newpark Resources Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

Newpark Resources Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Newpark Resources Online and Social Media Presence

Embed Graph

Newpark Resources Company Culture

  • Overall Culture

    D

    57/100

  • CEO Rating

    C-

    63/100

  • Compensation

    D-

    49/100

Learn more on Comparably

Newpark Resources 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 ...
Show more

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 Matthew S. Lanigan, Rose M. Robeson and Gregg S. Piontek.

  • How many employees does Newpark Resources have?

    Newpark Resources has 1,560 employees.

  • What is Newpark Resources revenue?

    Latest Newpark Resources annual revenue is $614.8 m.

  • What is Newpark Resources revenue per employee?

    Latest Newpark Resources revenue per employee is $394.1 k.

  • Who are Newpark Resources competitors?

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

  • 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 2 other locations.

  • How many offices does Newpark Resources have?

    Newpark Resources has 8 offices.