Latest Newpark Resources (NR) Headlines Newpark
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Newpark Resources Announces Board Of Directors Changes
PR Newswire - Thu Mar 13, 3:15PM CDT
Newpark Resources, Inc. (NYSE: NR) today announced changes to its Board of Directors. After eleven years of service, and in accordance with the Company's mandatory retirement policy, Jerry Box, Chairman of the Board, announced that he will retire following the Annual Stockholders Meeting in May. Also, the Company announced that Tony Best and Rod Larson have been appointed to the Board, effective immediately, and will stand for election at the Annual Stockholders Meeting.
Concise Analysis of International Drilling Fluids For Oil And Gas Market - Forecast to 2018
M2 - Fri Feb 21, 4:57AM CST
Research and Markets (http://www.researchandmarkets.com/research/wlvjh6/drilling_fluids) has announced the addition of the "Concise Analysis of International Drilling Fluids For Oil And Gas Market - Forecast to 2018" report to their offering. Ever-increasing drilling activities coupled with a shift towards developing deep sea reserves across the world is expected to drive the global market for drilling fluids. Nanotechnology holds the future of drilling fluids as investment continues to grow in developing drilling fluids using nanotechnology. This report analyzes, estimates and forecasts the global drilling fluids market in terms of revenue (USD million) from 2011 to 2018. In addition, the report analyzes major factors which have been and are expected to drive and restrain the global and regional market for drilling fluids while highlighting opportunities for the market over the forecast period. The study segments the market on the basis of products (WBFs, OBFs and SBFs) and further segments and analyzes each product based on their geography from 2011 to 2018. The report covers analysis, estimates and forecast of drilling fluids demand in major regions including North America, Europe, Asia Pacific, Middle East and Africa and Central and South America. The study offers a value chain analysis, providing a comprehensive view of major players in the drilling fluids market and analyzes market competition using Porter's Five Force Model. The study covers company market share analysis for major players operating in the market. Anchor Drilling, Baker Hughes, Canadian Energy Services, China Oilfield, Halliburton, Newpark Drilling Fluids, Schlumberger and Weatherford International are some of the companies profiled in the report. Key Topics Covered: 1 Preface 2 Executive Summary 3 Drilling Fluids: Industry Analysis 4 Drilling Fluids: Product Segment Analysis 5 Drilling Fluids: Application Segment Analysis 6 Drilling Fluids: Regional Analysis 7 Company Profiles Companies Mentioned: - Anchor Drilling Fluids USA Inc. - Baker Hughes Incorporated - Canadian Energy Services &Technology Corp. - China Oilfield Services Limited - Halliburton Company - National Oilwell Varco - Newpark Resources Inc. - Schlumberger Technology Corporation - Weatherford International For more information visit http://www.researchandmarkets.com/research/wl...ing_fluids
Downgrade Alert for Newpark Resources (NR)
Comtex SmarTrend(R) - Wed Feb 19, 7:06AM CST
Newpark Resources (NYSE:NR) was downgraded from Overweight to Equalweight at Capital One today. The stock closed yesterday at $11.15 on volume of 1.9 million shares, above average daily volume of 659,000. Over the past year, Newpark Resources has traded in a range of $8.17 to $13.64 and closed yesterday at $11.15, 36% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 0.5%.
Newpark Resources Reports 2013 Fourth Quarter And Full Year Results
PR Newswire - Thu Feb 13, 3:15PM CST
Newpark Resources, Inc. (NYSE: NR) today announced results for its fourth quarter and year ended December 31, 2013. Total revenues for the fourth quarter of 2013 were $262.5 million compared to $270.3 million in the fourth quarter of 2012. Net income for the fourth quarter of 2013 was $13.5 million, or $0.14 per diluted share, compared to $11.2 million, or $0.12 per diluted share, in the fourth quarter of 2012.
Newpark Resources Announces Fourth Quarter And Year-End 2013 Earnings Release And Conference Call Schedule
PR Newswire - Thu Feb 13, 6:45AM CST
Newpark Resources, Inc. (NYSE: NR) announced today that it will release its fourth quarter and year-end 2013 results on Thursday, February 13, 2014 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, on Friday, February 14, 2014 at 10:00 a.m. Eastern / 9:00 a.m. Central.
Several Suppliers Repeat Top Customer Satisfaction Scores in Annual EnergyPoint Research Global Oil & Gas Industry Survey
PRWeb - Thu Feb 13, 4:47AM CST
EnergyPoint Research announces 2013 results for its Oilfield Products & Services Customer Satisfaction Survey, which has been conducted annually for the last decade to track the performance of oilfield suppliers in meeting the needs of the industry. The survey rates customer satisfaction levels of suppliers in four industry segments including offshore drilling, oilfield products, oilfield services and onshore drilling.
Newpark Resources Sets 2014 Annual Meeting Date
PR Newswire - Wed Feb 12, 11:00AM CST
Newpark Resources, Inc. (NYSE: NR) today announced that its Board of Directors has set the date of the Company's 2014 Annual Meeting of Stockholders. The meeting will be held on Thursday, May 22, 2014 at 10:00 a.m. Central Daylight Time at The Woodlands Waterway Marriott Hotel & Conference Center, 1601 Lake Robbins Drive, The Woodlands, Texas.
Newpark Resources Inc plans divestiture of Environmental Services Business in Q1 2014
M2 - Wed Feb 12, 6:40AM CST
Drilling fluids company Newpark Resources Inc (NYSE:NR) reported on Tuesday a definitive agreement to divest its Environmental Services business for USD100m in cash to ECOSERV LLC, a portfolio company of Denver-based private equity group Lariat Partners LP.
Merger Creates the Gulf's First Integrated Environmental Cleaning and Disposal Company
Business Wire - Tue Feb 11, 11:40AM CST
Denver-based private equity firm Lariat Partners, LP announced today that it has signed a definitive agreement to acquire Newpark Environmental Services, LLC (NES) for $100 million. NES is currently a division of Newpark Resources, Inc. (NYSE: NR), based in The Woodlands, TX. Through the newly formed ECOSERV, LLC, Lariat will merge NES with its Abbeville, LA-based portfolio company, Offshore Cleaning Systems, LLC (OCS), a leader in the offshore oil and gas specialty cleaning industry. ECOSERV will combine the Gulf of Mexico's leader in offshore cleaning services with the region's leader in offshore waste disposal, creating the only integrated, turnkey environmental cleaning and waste disposal services provider.
Newpark Resources Announces Definitive Agreement to Sell Environmental Services Business
PR Newswire - Tue Feb 11, 6:00AM CST
Newpark Resources, Inc. (NYSE: NR) today announced that it has entered into a definitive agreement to sell its Environmental Services business to ECOSERV, LLC, a portfolio company of Denver-based private equity group Lariat Partners, LP. Under the terms of the agreement, Newpark will receive $100 million in cash, subject to adjustment based on actual working capital conveyed at closing. While containing representations, warranties and indemnities which are customary for transactions of this nature, this agreement significantly limits Newpark's post-closing environmental obligations, including those related to the waste transfer and disposal facilities.
Fortis Selects Tuxera FAT for Personal Video Recorders, Delivering Stunning Performance Improvements and Fail Safe Reliability
PR Newswire - Thu Jan 30, 3:00AM CST
Tuxera Inc., leader in interoperable file systems announced today that Fortis, one of the leading set-top boxes manufacturers, selected Tuxera's all-new FAT for their personal video recorders (PVRs) for improved interoperability and file system reliability. The new cooperation extends an on-going long-term license agreement under which Tuxera NTFS has been shipping several years in a number of Fortis products.
Finance Executives See Continued Earnings Uncertainty, New Triggers - AFP Survey
PR Newswire - Wed Jan 22, 7:22AM CST
Despite a slowly improving economy, finance executives haven't relaxed when it comes to risk management because a new set of threats is keeping them up at night, according to a report released today by the Association for Financial Professionals (AFP).
Martens, Todd & Leonard: Oilfield Service Provider Wins Major Texas Franchise Tax Victory
PR Newswire - Thu Jan 02, 5:55PM CST
On the last day of 2013, the Texas court of appeals presiding in Austin, Texas held that the expenses of a waste transportation and disposal company are included in the cost of goods sold deduction under the Texas franchise tax (margin tax). The company, Newpark Environmental Services, is a subsidiary of Newpark Resources, a fully-integrated oilfield service provider. Newpark Resources sold and injected drilling mud in offshore oils wells. The drilling companies use the mud to lubricate drilling bits during the drilling process. The mud is also used to flush the drilling cuttings (pieces of rock) to the surface where the Newpark Environmental Services subsidiary receives it as waste. Newpark Environmental Services transports the waste to its onshore facilities where it injects the waste into permanent storage domes.
2013 Report on the International Drilling Fluids (Oil-Based Fluids, Synthetic-Based Fluids And Water-Based Fluids) For Oil And Gas (Offshore & Onshore) Market - Includes Forecast to 2018
M2 - Wed Dec 18, 6:58AM CST
Research and Markets (http://www.researchandmarkets.com/research/nks5br/drilling_fluids) has announced the addition of the "2013 Report on the International Drilling Fluids (Oil-Based Fluids, Synthetic-Based Fluids And Water-Based Fluids) For Oil And Gas (Offshore & Onshore) Market - Includes Forecast to 2018" report to their offering. Nanotechnology holds the future of drilling fluids as investment continues to grow in developing drilling fluids using nanotechnology. This report analyzes, estimates and forecasts the global drilling fluids market in terms of revenue (USD million) from 2011 to 2018.The study segments the market on the basis of products (WBFs, OBFs and SBFs) and further segments and analyzes each product based on their geography from 2011 to 2018. The study covers company market share analysis for major players operating in the market. Anchor Drilling, Baker Hughes, Canadian Energy Services, China Oilfield, Halliburton, Newpark Drilling Fluids, Schlumberger and Weatherford International are some of the companies profiled in the report. This report segments the global drilling fluids market as follows: - Drilling Fluids Market: Product Segment Analysis - Oil Based Fluids (OBFs) - Synthetic Based Fluids (SBFs) - Water Based Fluids (WBFs) - Drilling Fluids Market: Application Analysis - Offshore Oil and Gas - Onshore Oil and Gas Drilling Fluids Market: Regional Analysis - North America - Europe - Middle East and Africa - Asia Pacific - Central and South America Key Topics Covered: 1 Preface 2 Executive Summary 2.1 Global drilling fluids market snapshot 3 Drilling Fluids: Industry Analysis 3.1 Introduction 3.2 Value chain analysis 3.3 Market Drivers 3.4 Restraints 3.5 Opportunities 3.6 Porter's five forces analysis 3.7 Drilling fluids: Market attractiveness analysis 3.8 Drilling Fluids: Company market share analysis, 2012 4 Drilling Fluids: Product Segment Analysis 5 Drilling Fluids: Application Segment Analysis 6 Drilling Fluids: Regional Analysis 7 Company Profiles Companies Mentioned: - Anchor Drilling Fluids USA Inc. - Baker Hughes Incorporated - Canadian Energy Services &Technology Corp. - China Oilfield Services Limited - Halliburton Company - National Oilwell Varco - Newpark Resources Inc. - Schlumberger Technology Corporation - Weatherford International For more information visit http://www.researchandmarkets.com/research/nk...ing_fluids
Earnings Look Back: Newpark Resources Is Down 1.4% Since Reporting Quarterly Results 2 Weeks Ago (NR)
Comtex SmarTrend(R) - Mon Nov 11, 7:32AM CST
When Newpark Resources (NYSE:NR) reported earnings two weeks ago on October 24th, 2013, analysts, on average, expected the company to report earnings of $0.20 on sales of $289.3 million. The company actually reported EPS of $0.20 on sales of $285.7 million, missing EPS estimates by $0.00 and missing revenue estimates by $3.6 million. Since the company's report, shares of Newpark Resources have fallen from $12.84 to $12.66, representing a loss of 1.4% in the past 18 days.
Post Earnings Update: Newpark Resources Has Sunk 1.2% Lower in Past Week (NR)
Comtex SmarTrend(R) - Mon Nov 04, 7:14AM CST
A week ago on October 24th, 2013 Newpark Resources (NYSE:NR) reported earnings and analysts, on average, expected earnings of $0.20 on sales of $289.3 million. The company actually reported EPS of $0.20 on sales of $285.7 million, missing EPS estimates by $0.00 and missing revenue estimates by $3.6 million. Shares of Newpark Resources have slipped from $12.84 to $12.68, representing a loss of 1.2%, since the company reported earnings 11 days ago.
Newpark Resources Reports Net Income Of $0.20 Per Diluted Share For The Third Quarter 2013
PR Newswire - Thu Oct 24, 3:15PM CDT
Newpark Resources, Inc. (NYSE: NR) today announced results for its third quarter ended September 30, 2013. Total revenues for the third quarter of 2013 increased 10% to $285.7 million compared to $259.6 million in the third quarter of 2012. Net income for the third quarter of 2013 was $18.8 million, or $0.20 per diluted share, compared to $18.7 million, or $0.20 per diluted share, in the third quarter of 2012.
Newpark Resources Announces Third Quarter 2013 Earnings Release And Conference Call Schedule
PR Newswire - Thu Oct 24, 6:45AM CDT
Newpark Resources, Inc. (NYSE: NR) announced today that it will release its third quarter 2013 results on Thursday, October 24, 2013 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, for Friday, October 25, 2013 at 10:00 a.m. Eastern / 9:00 a.m. Central.