How does it feel to go to work at NP knowing that your company is losing $150k EVERY DAY? Or knowing that Corporate expense still is costing $7m quarterly? Or knowing that your NA prez is encouraging BU's to prop up revenues no matter what the loss? Or knowing PV can't make a competent decision? Or knowing Brazil has been a constant loser for 8+ years? Or knowing NP is spending Tens of millions for a offshore segment that is at least 5 years away-if ever? Or knowing the arrogance of Corporate is why NP has 2 separate huge offices in Houston less than 30 miles apart? And last but not least, knowing that YOUR future is literally in Dumb and Dumbers hands? Must be a proud moment to represent NP, enjoy your jobs😀
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God be with all you Newpark employees.
He is the only one that can save you.
Well we are still here oil fell to 27.00 and we made it thew that pice so guess what I am sure as hell we will make it thew 35.00 right . KATY , OOPS
What's all the delusional NP folks at Mason road gonna do when Oil goes back to $35? It's about to happen folks. Glass Palace better cut their losses, it's gonna get uglier. BBB
Q2 US fluids revenues $31 million. US revenues down 59% versus 53% reduction in US rig count. Wow, keeping all the young buckaroos must be great for morale, certainly not for financials. Keep it up Dumb and Dumber, you have cemented your legacy. Keep it up KATY
Those investors have plenty of it I guess , my check still hitting the bank . Katy
And still losing mucho dinero...
Wow I guess we going to make it thew another Q. Doors still open Katy
You didn't get it katy
Hard for anything to fall off the walls in Katy-since nothing was allowed on the walls to start with. Better try next time KATY.
Will thing sure has been quite on, also out here too at NP, guess the Storm has came and gone doors still open no windows blown out just nock some thing off the wall nothing that can't be picked up and put back, I was told that we good What u all think Katy Mason RD😀😀😀😀
$40 and crashing. Not good for da park. Adios amigos
Wow belong 40.00 that's scary , But no pad lock just keep dipping the water ou fool this boat might sink . NP???? JOE BLOWp
BRASS: Directly From the bloody conference call: Consolidated operating loss was $15.1 million in the second quarter, compared to $18.8 million in the first quarter and $1.7 million in the second quarter of last year. Including the charges outlined in the non-GAAP earnings reconciliation in yesterday's press release.
Not quite $15.3 million as I stated but damn sure not 1.4 million off
BTW, I called out correctly >12 million loss in Q2. Just to show I am not a fool and I have a pair of GREAT BIG BRASS BALLS, I say >9 million Q3 losses. Pretty damn bloody mate. What say you???
Bean counter, you are one of our accountants and were off on earnings by 1.4 million. Now that is bloody pathetic.
They still have their 3,000sqft houses and 4x4 lifted trucks
Well still working OH also Doors still open in both places so someone is doing something right hey ride the waves. KATY MASON RD
What was so great about it? Still losing money. Still negative operating margin. It wasn't so much about what Paul said-it's what he didn't say. Australia? Settlement of mud engineers lawsuit? Turnaround and recovery for NP in NA? Steeply declining revenues in US-which has always been the sugar daddy for NP? BRASS -listening to you is like you watching the Democrats. All is great, no problems, safe world blah blah blah. ROFLMAO
Stock up over 10% after a great presentation. S--- THAT sunshine, okc.
DuraBase mats are very slippery and waaaaay to expensive.