Thread regarding Newpark Resources Inc. layoffs

Newpark to start chipping employees

Newpark to start chipping employees

By the end of 2017, 55% of all Newpark salaried employees will have a gps chip implanted in their buttocks.

By 2018 Newpark employees, hourly, exempt and non-exempt will all be chipped, Newpark will have the ability to know where you are and what you are doing at all times, I hear they will also be able to take stool samples and a quarterly health report as well.

What a great place to work!

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| 6881 views | | 81 replies (last January 30, 2017) | Reply
Post ID: @OP+KOyotnd

81 replies (most recent on top)

Hello where everyone go, Well I guess they are waiting on Feb 17, Right

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Post ID: @Njvh+KOyotnd

Hello NP rig count up 712 not bad 😃😃😃

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Post ID: @Lvkp+KOyotnd

Still ridding , No news, Good news.

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Post ID: @Jhyu+KOyotnd

Keep riding those waves buddy boy, hate to tell you boat has big hole, taking on water and about to sink. Comprende Senor???

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Post ID: @Balp+KOyotnd

Sorry U feel that way, We will over come yes the waves are rough but we are going to make it thew.

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Post ID: @Bipm+KOyotnd

You don't make much sense at all. I'm not missing any boat you don't care about anything but a paycheck

And your getting your paycheck from np for now. All I'm

Saying is is you open your dam eyes and see what is happening to the company you would be afraid about your future . Can you honestly tell me that n p is a solid company with happy employees that is financially sound . NO not even close so who gives a sh-- about a boat be truthful to yourself and understand that they are in trouble financially and are not a solid company that is being run by people who have no clue what they are doing. It's really all very simple to understand if you just look at the hard data and the people around you . Yes some good people for sure on the front lines but they don't make the decisions on where the company is going or how it's being run. That's the problem plain and simple so I say bye bye n p they have a tough road ahead with many many challenges

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Post ID: @Brgu+KOyotnd

The boat that can put u on board wit a 2 mil $ CO. We not going anywhere. WATCH I know there is hater out there but NP had to do what NP had to do 😜😜

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Post ID: @Bgkg+KOyotnd

Miss What boat. The boat to NoWhere. Analysts that follow NP are predicting a Loss for 4th Q 2016 of .09 Cents per share, that is a $7 Million LOSS. We will see soon (2-9) who really knows--You or the ANALysts.

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Post ID: @Arvi+KOyotnd

Well don't let it surprise you,And U will hate U missed the boat.🛥

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Post ID: @Azhm+KOyotnd

Feb 9th after market closes we will know for sure if they continue to lose money at an alarming rate.

Stay tuned

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Post ID: @Awsm+KOyotnd

Sorry you feel that way,I see you don't want any. 😂😂😂😂

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Post ID: @Aotu+KOyotnd

Why do Americans think so highly of brits anyway. Yeah I guess they sound cool when they talk but that's about it. Any American company that hires one to run a company instead of an American that understands business in American is foolish

Bye bye np and as far as trump saving the day look what's already happening he is freaking out the entire world and all your business you have left overseas will be gone too. I know you don't have much going on anyway but you once did and that will never come back with trump in office.

Bye bye np you have stiff competition now against your dura base mats like you never had before

Rental rates are dropping hard and nownypur selling them just to turn some $$$$

Bye bye np as you continue to reward the top guys who keep losing money by the hundreds of millions of dollars

Bye bye np as your loan gets closer and closer to having to be paid back and you don't have the money to pay it back.

What once was a great company is now a turd in a punch bowl or th baby Ruth candy bar in the pool in caddy shack 😜😄😜

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Post ID: @Agxp+KOyotnd

No I am the a-- hole that they let go,and now I which they would bell up. Wow who that sound like? Will be taking apps in March go on line and get yourself some.😋😋😋😋

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Post ID: @xlth+KOyotnd

Aren't you the bloody fools who call yourselves engineers? Leave business decisions to businessmen!

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Post ID: @xnuv+KOyotnd

We will overcome watch, mark my word,We will over come Trump in office.

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Post ID: @wniy+KOyotnd

Two years zero profits??? More like two years major losses. 2016 almost $150MILLION loss. Sale of Coles environmental business is ONLY thing sustaining NP (and borrowed $$$$).

Answer this: Why is NP market share in Permian, MidCon, NE and Rockies so poor?

Days of onward and upward are a distant memory. The Brit can't spell profit much less say it. Look hard at his performance.....

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Post ID: @wqcm+KOyotnd

OK

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Post ID: @wxhe+KOyotnd

Tell yourself whatever you want...

Businesses go out of business all the time it happens to companies that don't know how to make money

Almost 2 years zero profits

Think long and hard about it

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Post ID: @wpst+KOyotnd

I know U can't be serious, Really U think so never happen, we will be around.👍🏽👍🏽👍🏽

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Post ID: @vkqv+KOyotnd

Yeah 9 months enjoy your time and save your money! Some of the last few good people will start jumping ship and even if it starts rolling they are not making money. 7 straight quarters of losing money they don't have a chance to pay this back

That's over 30% REVENUE which is not profits but sales

450 million in revenues/ sales and still losing money 💰💰💰💰

Again they will either file bankruptcy or sell out

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Post ID: @vjwq+KOyotnd

Wow looks likes I have nine months of pay according to U right, we will be rolling hard by then, Right😆😆😆😆😆😆😆

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Post ID: @tzrn+KOyotnd

$176m due Sept/Oct 2017. Tick tick tick

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Post ID: @taap+KOyotnd

Will do, Katy

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Post ID: @tgla+KOyotnd

Look at the report they have 176 million of long term debt

If you can read the reports you can clearly see they have rough water ahead

Keep getting your paycheck and keep your blinders on and you will be happy but open your eyes and you see that n p is is a bad place.

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Post ID: @tldd+KOyotnd

LOL or they just don't have anything to say, while they have their finger up their ass

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Post ID: @slsk+KOyotnd

People usually don't reply to other people who can't spell or put two intelligent sentences together.

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Post ID: @sldn+KOyotnd

Hello where you all go, guess things not turning out to be what you all tough. OK so let it out let's debate 😄😄😄

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Post ID: @sylm+KOyotnd

When is the note due???

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Post ID: @rkks+KOyotnd

You'll must not forget we got credit. 😃😃😃😃 KATY

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Post ID: @ogge+KOyotnd

Don't think so,want happen if so we will still keep doors open But I doubt if that will happen.😎😎😎😎

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Post ID: @nxjb+KOyotnd

What happens when the note is due and you ain't got the money??? Do what 100+ O&G companies have done the past 2 years. Chapter 11 babeeee

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Post ID: @nrez+KOyotnd

So that mean good Credit and plenty time Right???

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Post ID: @mjqv+KOyotnd

Borrowed money, borrowed time. Still losing money every day. Big note coming due. Tweedledee and tweedledum are sinking the ship. $7m+ projected loss Q4. Tick tick tick

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Post ID: @mwjj+KOyotnd

Not say U wrong on your number but what make me realize , how the hell they can keep the Doors open . Well it's eather Matts or creator, Or someone is doing something right. I'm still working and hope I still get paid , So let it do what it do for 2017😎😎😎👍🏽👍🏽

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Post ID: @ltva+KOyotnd

Lets take a minute to look at the cold hard facts. NR revenues in 2014 were $1,118,416,000. NR revenues in 2015 were $676,865,000 and are projected by the Analysts that follow NR to be $448,000,000 in 2016. ( Which seems to be reasonable based on revenues for first 9 months of 2016). In 2015 they had an operating income loss of ($99,100,000 ). NOT Net income Loss but Operating Income LOSS. AND, CORPORATE Expense went from $35,530,000 in 2014 to $37,278,000 in 2015. I know you say- this must be a mistake. No, the Corporate Expense numbers are right off the Annual Report. Do they REALLY need 2 BIG offices 30 miles apart and all those people when SALES are DOWN - 60% (Yes SIXTY %) ? Duh-huh. Oh, they gave themselves a WHOLE 10% pay cut but ,also, gave themselves stock and options. And they kept the Bonus plan at NR in play. Bonus for 2016- Am I on planet Earth ? Counting the 4th Quarter of 2016 , NR will have LOST $$$$$$$ For Sure for 6 Straight Quarters Or maybe it is Seven Straight Quarters - I have lost count. And Howes plus technically 2 Presidents to run drilling fluids plus a domestic VP of Operations? There is NO MORE Newpark Environmental Division and the Mats Division is only a $100,000,000 Annual Sales business with their own President. Does the BOD actually exist.

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Post ID: @lati+KOyotnd

WOW👍🏽👍🏽👍🏽

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Post ID: @lkir+KOyotnd

HAPPY NEW YEAR everyone guess what, My key still working.--CARD--

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Post ID: @lxqx+KOyotnd

Hello everyone Hope U all have a Happy New Year looking forward for better year MP will grow@ make money for 2017 so that the one that think we would sell out or go under will have a better view on NP KATY . Happy NEW YEAR. KATY

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Post ID: @juxf+KOyotnd

Wow are U the only one feel that tight a way,

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Post ID: @igaz+KOyotnd

Yes I really think np is in trouble and I really think they will have two options

Sell to another company for next to nothing because of all the debt or

Two go out of business

Deal with the truth as it will set you free 😂😂😂

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Post ID: @ioof+KOyotnd

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