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Newpark Resources, Inc. - NR STOCK NEWS

Welcome to our dedicated news page for Newpark Resources (Ticker: NR), a resource for investors and traders seeking the latest updates and insights on Newpark Resources.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Newpark Resources's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Newpark Resources, Inc. announces the schedule for its first-quarter 2024 results conference call and webcast. The results will be released on May 2, 2024, followed by a conference call on May 3, 2024, at 9:30 a.m. ET. The webcast will be accessible on the company's Investor Relations website. Details for live participation and replay options are provided in the press release.
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Newpark Resources, Inc. (NR) reported mixed financial results for the fourth quarter and full year 2023. While Industrial Solutions segment revenue increased, Fluids Systems segment revenue declined. The company saw a net loss in the fourth quarter but reported adjusted net income growth for the full year. Newpark focused on business transformation strategies to drive growth and profitability. The company also announced a new $50 million share repurchase authorization.
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Newpark Resources, Inc. (NYSE: NR) will release its fourth quarter and full-year 2023 results on February 21, 2024, followed by a conference call on February 22, 2024. The webcast and presentation materials will be available on the Company's Investor Relations website. Individuals can also participate via teleconference dial-in. Replay of the teleconference will be available through February 29, 2024.
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Newpark Resources, Inc. (NYSE: NR) to attend 14th Annual Craig-Hallum Alpha Select Conference in New York City. Senior management will participate in one-on-one meetings with investors. Contact Craig-Hallum for more information.
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Newpark Resources, Inc. (NYSE: NR) announced its third-quarter 2023 results. The Industrial Solutions segment saw a revenue increase of 12% to $57.3 million, while the Fluids Systems segment experienced a revenue decrease of 16% to $141.2 million. Net income was $7.7 million, with adjusted net income of $8.4 million, a 59% increase. Adjusted EBITDA was $22.3 million, up 13%. Total debt was $86 million, with net debt at $59 million and net leverage at 0.7x.
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Newpark Resources to release third quarter 2023 results and hold conference call
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Newpark Resources, Inc. is exploring strategic alternatives for its Fluids Systems division. The company aims to strengthen the division's competitive positioning and unlock value for shareholders. They have retained Lazard as their financial advisor for the strategic review.
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Newpark Resources, Inc.

NYSE:NR

NR Rankings

NR Stock Data

632.20M
71.07M
8.34%
83.45%
0.77%
Oil and Gas Field Machinery and Equipment Manufacturing
Manufacturing
Link
US
The Woodlands

About NR

newpark resources, inc., publicly traded on the nyse (symbol nr), is a uniquely positioned oilfield services company focused on two distinct business segments: drilling fluids and mats and integrated services. the company was founded in 1932, and its corporate headquarters is located in the woodlands, tx. newpark drilling fluids (ndf) is the largest business unit, having commenced operations in 1997. as the only remaining service company whose primary focus is drilling fluids, ndf has become the third largest drilling fluids company serving the north american market. newpark mats and integrated services (nmis) provides temporary work sites and access roads to drilling sites, as well as site closure and remediation upon completion of operations. nmis is the dominant player in mat rental and integrated site services, with the dura-base™ composite mat system, which provides a safe, cost-effective surface for year-round all weather performance. newpark resources’ significant status in thes