Thread regarding Newpark Resources Inc. layoffs

NR posts $13.3 Q1 loss

Fluids actually lost $15.2 million on revenues of $98.7 million. Great job Dumb and Dumber! Corp office $7.3 million liability. Cash down to $82 million. Folks, the mighty Titanic is sinking. Soooooo much for all the Katy delusional blowhards. Ka-blooey....

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| 3031 views | | 29 replies (last May 23, 2016) | Reply
Post ID: @OP+H9flHxV

29 replies (most recent on top)

Wow so what now . So what's coming down tube

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Post ID: @ovjs+H9flHxV

Things are in a Hell of a mess folks. Place the blame squarely on Phil and the Scotsman's shoulders along with Howes. Phil wasn't qualified to be a Business Unit Mgr, much less the Prez position. Bruce's decision making has ruined NP. Howes has absolutely no clue how to stop this sinking ship. He has completely failed in his fiduciary responsibility to NR shareholders.

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Post ID: @ogtb+H9flHxV

Wow what's is going to happen in Katy TX is it true are we REALY headed in that direction. WEST TX

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Post ID: @oajv+H9flHxV

Yea I think it's time to start looking for something different wanted to wait around to see if things going to jump off again it's don't look like it will everything looks down hill Bank R or sell out

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Post ID: @nyne+H9flHxV

Yea u right and walking around looking like he has lost his best friend f...... I just wish they would just be straight with us let us know what's really going on this pay cut is began to be the sh--s .

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Post ID: @ntfy+H9flHxV

Things not improving, 2Q numbers looking worse than 1Q. Phil has totally decimated us

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Post ID: @nvmh+H9flHxV

Well I know one thing another pay cut is on the way soon they need to just file B R and close the Door mud and the mats are dead KATY

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Post ID: @nddg+H9flHxV

What it looks like for NP Katy anyone has a guess it's slow around here Joe Blow

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Post ID: @nyyw+H9flHxV

U know U has a point there but as long as we can keep the doors open until thing turn around I just hope things get better soon Joe Blow Katy

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Post ID: @kfbx+H9flHxV

Judging by the negative margins, additional rigs not going to help. Also, we are losing market share in all regions-don't make the assumption that we will get any new rigs. Lots of former NDF reps now competition-make no mistake it has hurt us. Not going to improve any time soon amigos

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Post ID: @khfd+H9flHxV

Hello I guess no news is good news hanging in here oil up to almost 50.00 should be drilling her soon may be we can sell some mud Joe Blow

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Post ID: @kzwm+H9flHxV

Look like Chapter 11 might be in this Strom

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Post ID: @govq+H9flHxV

Hey go have a drink on NP and stop letting NP worrying U we were prepared for this Katy

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Post ID: @fqbi+H9flHxV

Good for you about your key working and still getting a paycheck, but amigo you Are completely illiterate with your vocabulary command. Now get off your A** and sale some mud. Everyone knows and sees how bad NR is hurting-do something about it. We have too many deadbeats as it is.

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Post ID: @eobr+H9flHxV

Hey Ole where U meet him at the Bar was he drunk what the hell LOL was he talking about N P Katy hey we still have the door open my key still working and the yard still getting done so Oh and I am still gett a pay check Katy Joe Blow

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Post ID: @ecac+H9flHxV

Well I guess I'm gone but I going to ride it out he have to come and tell m until then I will say here and suck the titty till it go dry Katy

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Post ID: @deuw+H9flHxV

Talked to old timer at Mason rd yesterday, his exact words: It is the biggest clusterf**k he has ever seen. If you ain't a yes man to King Phil-you are gone.

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Post ID: @cvon+H9flHxV

Well I wounder if we are going to make to 2017 but I do know are believed if we do then we have made it over Katy

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Post ID: @ckvt+H9flHxV

Going to take more than pay cuts to right the sinking ship. North America fluids has always carried NR, with clueless Phil at the helm we are no more than a fly on a horses ass But never fear, clueless Phil is going to turn us in to a $2 billion company. Problem is, he has totally eliminated the people who got us to $1 billion and in the process decimated NDF NA. Until Paulie eliminates the problem, NDF will NEVER reach the status it once held. Another looming issue is the large bond payment due in the latter part of 2017. You can bet the Woodlands is sh--ting bricks with that coming.

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Post ID: @cjjf+H9flHxV

What no it's more than that they just did another pay cut on us what the hell no wounder things are quite around her

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Post ID: @bshz+H9flHxV

Judging by the 1Q financials, the storm has already hit. You are standing square in the middle of the biggest S**t storm ever. $37m North American fluid revenues-are you friggen kidding me? Scotsman and Brit ain't cutting it folks. I would sure as Hell not want to explain that to Paulie and da Board. More cuts coming, wait and see. Newpark dropping like a Turd in a toilet. . . . . .

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Post ID: @btrb+H9flHxV

Hey come on give me something to do or read what's up no one or saying anything how far is that storm Katy

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Post ID: @arhx+H9flHxV

Ok I have read that before no rain in the fourth cas LOL Katy

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Post ID: @8msf+H9flHxV

Just the calm before the storm. Wait and see Budro

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Post ID: @8ggl+H9flHxV

Hey guess what no news has to be good news now I can have a beer we here to stay Katy

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Post ID: @8qjv+H9flHxV

Hello what's the update everyone has gotten quite what's going on we're the hole repaired are what

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Post ID: @4atn+H9flHxV

So what's in the oven for NP Katy Looks like another pay cut well That's is going to run out to Katy

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Post ID: @2ccc+H9flHxV

Well things doesn't look good after seeing the Q1 I wounder how long can that ship stay afloat the keel saying that we are going to be here I hope they are not lying I do know there will be another pay cut

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Post ID: @olu+H9flHxV

That might explain the pungent smell in the woodlands this morning. Smelled a lot like roasted A**.

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Post ID: @hry+H9flHxV

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