News

Newpark Appoints New Member To Its Board Of Directors

THE WOODLANDS, TX – November 16, 2017 – Newpark Resources, Inc. (NYSE: NR) today announced that John C. Mingé has been appointed as a new member to its board of directors, effective December 1, 2017.

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Newpark Resources Announces Closing Of Acquisition

THE WOODLANDS, Texas, Nov. 13, 2017 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) today announced that it has completed the previously-announced acquisition of substantially all of the assets, operations, and employees of the Well Service Group Inc. ("WSG"), and its affiliate Utility Access Solutions Inc. ("UAS").

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Newpark Resources Announces Agreement To Purchase Mats Service Business

THE WOODLANDS, Texas, Oct. 31, 2017 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) today announced that it has entered into definitive agreements to acquire substantially all of the assets, operations, and employees of the Well Service Group Inc. ("WSG"), a containment and well site service company based near Pittsburgh, Pennsylvania, and its affiliate Utility Access Solutions Inc. ("UAS") for approximately $75 million.

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Newpark Resources Reports Third Quarter 2017 Results

THE WOODLANDS, Texas, Oct. 30, 2017 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) today announced results for its third quarter ended September 30, 2017. Total revenues for the third quarter of 2017 were $201.7 million compared to $183.0 million in the second quarter of 2017 and $104.6 million in the third quarter of 2016. Net income for the third quarter of 2017 was $2.7 million, or $0.03 per diluted share, compared to net income of $1.6 million, or $0.02 per diluted share, in the second quarter of 2017, and a net loss of $13.5 million, or $0.16 per share, in the third quarter of 2016. Third quarter 2016 results included a total of $2.6 million of charges associated with asset demobilization and wind-down of our operations in Uruguay.

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Newpark Resources Announces Credit Facility Amendment

THE WOODLANDS, Texas, Oct. 18, 2017 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) today announced that it has entered into an Amended and Restated Credit Agreement ("Amended Credit Agreement"), which amends and restates the company's previous credit agreement and increases the asset-based revolving loan facility ("ABL Facility") from $90 million to $150 million, while also reducing applicable borrowing rates and fee terms.

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Newpark Resources Announces Third Quarter 2017 Earnings Release and Conference Call Schedule

THE WOODLANDS, Texas, Oct. 2, 2017 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) announced today that it will release its third quarter 2017 results on Monday, October 30, 2017 after the market closes.

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Newpark Resources Announces Second Quarter 2017 Earnings Release and Conference Call Schedule

THE WOODLANDS, TX – June 28, 2017 – Newpark Resources, Inc. (NYSE: NR) announced today that it will release its second quarter 2017 results on Thursday, July 27, 2017 after the market closes.

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Newpark Resources To Present At J.P. Morgan Energy Equity Investor Conference

THE WOODLANDS, TX – June 15, 2017 – Newpark Resources, Inc. (NYSE: NR) announced that its management team will present at the J.P. Morgan Energy Equity Investor Conference to be held on June 26-28, 2017 in New York City.

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Newpark Resources Announces Two International Fluids Contract Awards

THE WOODLANDS, Texas, May 15, 2017 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) today announced that it has entered into an agreement with Baker Hughes to provide drilling fluids and related services as part of Baker Hughes' integrated service offering in support of the Greater Enfield project in offshore Western Australia.

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Newpark Drilling Fluids Spring Conference and Presentation Schedule

This spring, Newpark Drilling Fluids presented a paper on improving fluid characteristics utilizing clear calcium chloride brine drilling fluid at the Offshore Mediterranean Conference (OMC) in Ravenna, Italy. The conference, which took place March 29th through the 31st, brought in more than 600 exhibitors from 30 countries and provided Newpark the opportunity to network with industry experts, discuss new technologies and meet potential customers.

On April 11th and 12th, the Company exhibited at the AADE National Technical Conference in Houston, Texas. The following papers were presented…

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