NPK International: A Pure-Play Industrial Story Emerges
NPK International, formerly Newpark Resources, has rebranded and refocused as a pure-play provider of industrial solutions after divesting its fluids systems division. The company's share count has stabilized at 86 million, offering a clear valuation basis for investors. Success hinges on operational performance in infrastructure investment cycles, margin trajectory from higher-margin rental offerings, and the upcoming financial disclosure in late February.
Solid Control Drilling Waste Management Market Size to Hit $3.23 Billion by 2035 | Research by SNS Insider
The Solid Control Drilling Waste Management Market is projected to reach $3.23 billion by 2035, growing at an 8.06% CAGR from 2026, driven by increased global oil and gas drilling and stricter environmental regulations. The U.S. market alone is expected to hit $0.86 billion by 2035. Key market segments include contaminated oil-based muds and onshore applications, with North America currently dominating and Asia Pacific showing the fastest growth.
Hydraulic Fracturing Fluid Market May See a Big Move | Major Giants Calfrac Well Services Ltd., Trican Well Service
The global Hydraulic Fracturing Fluid Market is projected to grow at a CAGR of 6.5% from 2025 to 2032, reaching $52.4 billion by 2033, according to HTF Market Intelligence. This growth is driven by increasing energy demand, technological advancements, and rising shale gas exploration, particularly in North America, which is identified as both the dominating and fastest-growing region. The market faces challenges related to environmental concerns, stringent regulations, and oil price volatility, but opportunities lie in eco-friendly fluids and strategic partnerships.
Newpark Resources, Inc. (NYSE:NR) Q3 2025 Earnings Call Transcript
This article is an earnings call transcript for Newpark Resources, Inc. (NYSE:NR) for the third quarter of 2025. It details the company's financial performance and discussions during the call.
U.S. Ground Protection Mats Market Set for Dynamic Growth with - openPR.com
This report details the dynamic growth expected in the U.S. Ground Protection Mats Market, driven by technological advancements and sustainability efforts. It identifies key players such as Signature Systems Group and Newpark Resources Inc. and provides market segmentation by type (composite, wood, plastic) and application (construction, oil & gas, utilities), along with regional analysis and strategic insights.
NR Stock Price, News & Analysis
Newpark Resources (formerly NR, now NPKI) has undergone a significant transformation, divesting its Fluids Systems segment and rebranding as NPK International Inc. to focus on site access solutions through composite matting products and related services. The company now specializes in providing temporary worksite access for critical infrastructure projects across various industries. This shift aims to position NPKI as a pure-play specialty rental and services business in the global worksite access market.
SCF Acquires Newpark Fluids Systems
SCF Partners, Inc. has acquired Newpark Fluids Systems (NFS), a leading global provider of oil & gas and geothermal fluids solutions, from Newpark Resources Inc. (NYSE: NR). This acquisition aims to accelerate NFS's strategic growth plan with SCF's extensive experience in the energy services industry, enhancing efficiency and productivity for customers worldwide. The partnership is expected to create significant value for both customers and employees by leveraging NFS's global footprint, technology, and strong market position.
Newpark Resources Announces Sale of Fluids Systems Segment
Newpark Resources, Inc. announced the completion of the sale of its Fluids Systems segment to SCF Partners, Inc. for a net consideration of $56 million. This strategic move aims to transform Newpark into a pure-play specialty rental and services business focused on worksite access and critical infrastructure markets. The company plans to use the proceeds for organic investments in its composite matting fleet, opportunistic inorganic growth, and share buybacks.
NPKI - NPK International Inc Stock Price and Quote
This article provides detailed stock information for NPK International Inc (NPKI), including its current stock price, financial metrics, analyst ratings, and recent news. It also features insider trading data, showing recent sales and option exercises by company executives and directors.
Barite Market to Grow by USD 353.88 Million (2024-2028), Report on AI Redefining Market Landscape and Boost from Oil & Gas Drilling - Technavio
The global barite market is projected to grow by USD 353.88 million between 2024 and 2028, driven by increasing oil and gas drilling activities, particularly in the Middle East. Technavio's report highlights the market's 4.25% CAGR, noting the significant role of AI in redefining the market landscape. Despite challenges such as oil and gas price volatility and competition from substitutes, barite demand is fueled by its diverse applications in plastics, radiation shielding, chemicals, paints, and construction.
Newpark Resources Announces New Brand Identity, Aligning Strategic Focus on Specialty Rental Solutions for the Global Worksite Access Market
Newpark Resources, Inc. has officially rebranded to NPK International Inc., effective December 9, 2024, to reflect its strategic focus on specialty rental solutions for the global worksite access market. The company's common stock will begin trading on the NYSE under the new ticker symbol 'NPKI' starting December 19, 2024, replacing 'NR'. This rebranding highlights NPK's commitment to providing sustainable and high-performance worksite access solutions for critical infrastructure projects worldwide.
Texas oilfield supplier Newpark Resources suffered a ransomware attack
Texas oilfield supplier Newpark Resources reported a ransomware attack on October 29, 2024, which disrupted its information systems and business applications. The company activated its cybersecurity response plan and launched an investigation, noting that manufacturing and field operations were largely unaffected. While the full financial impact is yet to be determined, Newpark Resources does not anticipate a significant effect on its financial condition or operations.
SCF acquires Newpark Fluids Systems
SCF Partners, Inc. has acquired Newpark Fluids Systems (NFS) from Newpark Resources Inc. NFS is a global provider of oil and gas and geothermal fluids solutions. This acquisition is expected to accelerate NFS's strategic growth plan with SCF's experienced board and leadership in the energy services industry, focusing on enhancing customer performance and value creation.
SCF Partners Acquires Newpark Fluids Systems
SCF Partners has announced the acquisition of Newpark Fluids Systems from Newpark Resources Inc. This acquisition aims to accelerate Newpark Fluids Systems' global strategic growth plans, leveraging SCF's expertise in the energy services industry. Both companies expressed optimism about creating significant value for customers and employees in this new chapter.
Newpark Resources Inc Patent Filing for Mats and Connectors Locking Structure
Newpark Resources has been granted a patent for an apparatus and method related to mats and connectors, featuring a locking structure for securely attaching a skin layer using a connector pin and post. This innovation enhances stability and durability of mats, and the patent details an easy installation and removal process for various skin layers. The company's patenting strategy and grant share are highlighted, showing a focus on "Treatment progress monitoring."
Pinning Down Newpark Resources, Inc.'s (NYSE:NR) P/S Is Difficult Right Now
Newpark Resources, Inc.'s (NYSE:NR) Price-to-Sales (P/S) ratio is currently similar to the Energy Services industry median in the United States, despite the company's declining revenue. Analysts forecast a further revenue slump of 1.5% for Newpark Resources in the coming year, while the broader industry is expected to grow by 11%. This suggests that the current P/S ratio might be elevated and unsustainable given the company's poor revenue outlook.
Drilling Fluids Market Size, Share & Growth Report by 2033
The global drilling fluids market is projected to grow from USD 9.13 billion in 2025 to USD 12.82 billion by 2033, exhibiting a CAGR of 4.34%. This growth is primarily driven by increasing oil and gas exploration activities, including deepwater and ultra-deepwater drilling, and the rising demand for shale gas globally. Environmental concerns associated with the disposal of drilling fluids pose a significant restraint on market expansion.
Newpark Resources settles conflict with activist investor, expands board
Newpark Resources has settled a conflict with activist investor Brad Radoff, who had advocated for the company to sell off its fluid systems business. As part of the agreement, Newpark Resources will expand its board. Radoff's main concern was that the fluid systems business, which primarily serves the upstream oil and gas industry, did not turn a profit in 2021.
Frank King Obituary (1923 - 2021) - Covington, LA - The Times-Picayune
Frank King, 98, passed away peacefully on August 8, 2021, at Christwood Retirement Community. A graduate of the United States Naval Academy, he served as an officer in the U.S. Submarine Force before embarking on a 25-year career in the oil and gas service business. He is survived by four children, 11 grandchildren, and six great-grandchildren, and donations in his memory can be made to the Christwood Foundation.
Newpark Resources CEO to retire, begin leadership transition
Newpark Resources Inc. is commencing a multi-phase leadership transition as its current CEO prepares for retirement. Matthew Lanigan has been named as the incoming CEO and president. This change marks a significant executive shift for the Woodlands-based company.
Newpark Resources Announces Retirement Of Board Chairman
Newpark Resources Inc. announced that its Board Chairman, David Anderson, will retire following the annual meeting of stockholders on May 17. This brief statement from the company notifies the market of the upcoming change in its leadership.
Joe Henderson Obituary - Midland, TX
Joe R. Henderson, born September 26, 1927, in Port Arthur, Texas, passed away on August 5, 2016. He was a veteran of the U.S. Navy and a Petroleum Engineering graduate, co-founding successful drilling mud companies in the Permian Basin. Henderson was known for his dedication to hard work, his love for family, friends, sports, and his significant contributions to many charitable organizations, especially those supporting animals.
Newpark Drilling Fluids opens new HQ, lab in Katy
Newpark Drilling Fluids, a subsidiary of Newpark Resources Inc. (NYSE: NR), has opened its new 106,000-square-foot global headquarters and laboratory facility in Katy. The Houston-based Synchro Building Corp. designed and built the new facility.
Newpark Unveils $150M Convertible Note Offering; Shares Fall
Newpark Resources Inc. announced a $150 million offering of convertible notes, which can be exchanged for company stock at any time. The specific terms of the conversion and the interest rate are still being negotiated with underwriters. Following this announcement, Newpark's shares experienced a decline.