Newpark buys a mats company —which has a large source of revenues directly from Newpark. Not too smart.
CES is diversifying into more of a production based company that isn’t cyclical as a drlg based service company. Major revenue driver.
Q’Max buys Anchor which positions them squarely in all US Drlg areas. They also have major expertise in solids control and dewatering.
Sure looks like Newpark is sitting on their hands. Q’Max is positioning their company to be a major US player.
Just like the Dallas Cowboys will make the playoffs this year! Losers!
How many Bar tanks have fallen over this week? Keep hiring NOV, BHI and MI cast offs. More losers....
Just sit back and watch, We will gain it back. Katy
Why are we loosing the market share in Midland? Things are not the same. How will it be won back?
Wow I’m will be waiting😄😄😄😄😄
$8.45 Dow and S&P up More bad news coming?
😄😄😄😄in your feeling again ,U took them with U 😄😄😄😄. JOE BLOW!!!
Joe Blow - Put on your knee pads and go back to work. NP needs your skills.
Man U worry about the wrong thing go to work, OH U must don’t have a job. Sound like one of NP X employee right . JOE BLOW
Katy Since you obviously don't get out often. WFT fired their top guy this year (for non-performance) and sent you pv earlier, BHI merged with GE and SLB is a $66 stock. NR great moves include selling their #1 profit maker (NESI) because they desperately needed Cash and buying out a company which is their number 1 supplier for one of their divisions. Big time Out of the Box thinking going on up at The Woodlands. Too bad, none of it trickles down to you.
Figured two out: Stupid is what stupid does. Katy - you are stupid! Winnah winnah chicken dinner🤣🤣🤣
Wow U finally caught on OK now what U figure that one out, So go one too the next level. Figure level #two out and U will get my point. I’m still getting payed 😄 KATY
Katy since you are so engaged with the doors being open here is a recent analyst report. Read it and weep:
Since December 30, 2016, Newpark Resources has underperformed the US rig count (up 39%) .
Newpark Resources’ stock price has fallen—unlike its strong YTD performance in the past month. Since October 20, 2017, Newpark Resources has fallen 7.4%. Its earnings switched to a $2.6 million profit in 3Q17—a solid improvement over the net loss of $0.05 million reported in 4Q16. However, its free cash flows remained negative in 3Q17—compared 4Q16. During the same period, its net debt rose 1.3x, primarily due to a significant rise in the total debt.
Not my words, factual info for your comprehension. Less cash, more debt and non existent margins.
All about improving shareholder value? More like lining the officers and boards pockets. Rich get richer....
OK considering the way the oil market went , and U are saying that our stock is 8.85 not bad considering other stock like Weatherford , slumber J , Baker huge come on man do I need to say more.U know as well as I do U has been saying our door was going to close, well guess what I had no problem getting in my office today . I’m just saying . KATY
Katy I understand that it is difficult for you to deal with facts but try this. In May of 2004 NR stock was closing at $8.80 . That was over 13 YEARS AGO. ph has been in charge since 2006- that is 11 YEARS. NR stock closed today at $8.85. ( And there have been no stock splits during this time). Does all of this just simply go over your head ? Oh, I get it now, that's how you work your stock.
True!! and the door’s are still open Fact’s. I’m just saying!!. KATY
Interesting that some of us post truthful factual info on this board, yet we are accused of spreading hate by others. Are you really cloned or just brain dead? Facts speak for themselves.
Stoping hateing and get out your feeling.
Katy - Is that how You work during the day? Surfing message boards and supplying irrelevant replies instead of actually WORKING at your job.
OK what’s your point , I say smart move. I call it working your stock, what U call it. KATY
At $8.70 stock price today and earnings estimate revised down to .03 cents per share for current Q we know why ph and da sold in the 9's. Also, New group sees the value on their stock value dwindling from purchase price number.
No I can’t see it happening , we are still in the hunt @ all way’s will. NP. KATY
Qmax management is the best. CES canada is good too. AES counterpart in US is gross. Just gross. Canadian mgmt. should erase and re-draw.
If the Q guys have enough funding, NP would be a good pick up for the non-US units.
All good points but more importantly, CES and QMax are both run by management with extensive mud backgrounds, something Newpark has failed miserably at. Going forward, this will make a huge difference in the growth of Newpark’s competition vs Newpark.