Newpark Resources, Inc.
Industry: Oil & Gas Equipment & Services
Sector: Energy
Website: https://www.newpark.com
Phone: 281 362 6800
Address: 9320 Lakeside Boulevard, Suite 100, The Woodlands, TX, 77381, United States
Newpark Resources, Inc. is a company that provides products, rentals, and services primarily to the oil and natural gas exploration and production (E&P) industry. The company operates through two segments: Fluids Systems and Industrial Solutions.
The Fluids Systems segment offers drilling, completion, and stimulation fluids products and related technical services to customers primarily in North America, Europe, the Middle East, Africa, Asia Pacific, and Latin America.
The Industrial Solutions segment provides composite matting system rentals utilized for temporary worksite access, as well as related site construction and services to customers in various industries such as power transmission, E&P, pipeline, renewable energy, petrochemical, construction, and others.
Newpark Resources, Inc. has a strong leadership team, including Matthew S. Lanigan as the President, CEO & Director, Gregg S. Piontek as the Senior VP & CFO, and David A. Paterson as the Corporate VP & President of Fluids Systems.
The company has a market cap of $626.2 million and has 1,550 full-time employees. It is traded on the New York Stock Exchange under the ticker symbol "NR".
Newpark Resources, Inc. has shown steady growth over the past year, with a 52-week change of 84.81%. The company has a trailing price-to-earnings ratio of 45.94 and a forward price-to-earnings ratio of 17.5. The stock has a beta of 2.806, indicating high volatility compared to the overall market.
The financials of Newpark Resources, Inc. are strong, with a profit margin of 1.94% and a return on equity of 3.46%. The company has $38.59 million in cash and $97.20 million in total debt.
Based on the current stock price of $7.35, the target price range for Newpark Resources, Inc. is $10.00 to $12.00, with a mean target price of $11.00. The stock is currently rated as a "buy" by analysts.
Please note that the information provided is based on the latest available data and may be subject to change.
