NR Stock Overview
Newpark Resources, Inc. supplies products, as well as rentals and services primarily to the oil and natural gas exploration and production industry.
Newpark Resources Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$2.99|
|52 Week High||US$4.08|
|52 Week Low||US$1.48|
|1 Month Change||-14.57%|
|3 Month Change||19.60%|
|1 Year Change||74.85%|
|3 Year Change||-61.12%|
|5 Year Change||-61.17%|
|Change since IPO||35.76%|
Recent News & Updates
A Look At The Fair Value Of Newpark Resources, Inc. (NYSE:NR)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Newpark Resources...
We Think Newpark Resources (NYSE:NR) Has A Fair Chunk Of Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Newpark Resources: Drilling Ahead, But Out Of The Zone
Newpark turned a very lackluster Q-1 for 2021. The pickup in International and Industrial Solutions is offset by slow GoM activity. We are neutral on the shares of NR at this time.
|NR||US Energy Services||US Market|
Return vs Industry: NR exceeded the US Energy Services industry which returned 24.2% over the past year.
Return vs Market: NR exceeded the US Market which returned 21.3% over the past year.
|NR Average Weekly Movement||7.6%|
|Energy Services Industry Average Movement||7.4%|
|Market Average Movement||5.9%|
|10% most volatile stocks in US Market||15.1%|
|10% least volatile stocks in US Market||2.2%|
Stable Share Price: NR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: NR's weekly volatility (8%) has been stable over the past year.
About the Company
Newpark Resources, Inc. supplies products, as well as rentals and services primarily to the oil and natural gas exploration and production industry. The company operates through two segments, Fluids Systems and Industrial Solutions. The Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers primarily in the North America, Europe, the Middle East, and Africa, as well as certain countries in Asia Pacific and Latin America.
Newpark Resources Fundamentals Summary
|NR fundamental statistics|
Is NR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NR income statement (TTM)|
|Cost of Revenue||US$490.15m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.44|
|Net Profit Margin||-7.13%|
How did NR perform over the long term?See historical performance and comparison
Is Newpark Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: NR ($2.99) is trading above our estimate of fair value ($0.05)
Significantly Below Fair Value: NR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NR is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.
PE vs Market: NR is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NR is good value based on its PB Ratio (0.6x) compared to the US Energy Services industry average (1x).
How is Newpark Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if NR's forecast earnings growth is above the savings rate (2%).
Earnings vs Market: Insufficient data to determine if NR's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NR's revenue (12.3% per year) is forecast to grow faster than the US market (10.1% per year).
High Growth Revenue: NR's revenue (12.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NR's Return on Equity is forecast to be high in 3 years time
How has Newpark Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NR is currently unprofitable.
Growing Profit Margin: NR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NR is unprofitable, and losses have increased over the past 5 years at a rate of 17.5% per year.
Accelerating Growth: Unable to compare NR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NR is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-3.2%).
Return on Equity
High ROE: NR has a negative Return on Equity (-8.65%), as it is currently unprofitable.
How is Newpark Resources's financial position?
Financial Position Analysis
Short Term Liabilities: NR's short term assets ($359.9M) exceed its short term liabilities ($136.2M).
Long Term Liabilities: NR's short term assets ($359.9M) exceed its long term liabilities ($119.2M).
Debt to Equity History and Analysis
Debt Level: NR's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: NR's debt to equity ratio has reduced from 34.6% to 20.1% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.6% per year.
What is Newpark Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul Howes (65 yo)
Mr. Paul L. Howes has been the Chief Executive Officer of Newpark Resources, Inc. since March 22, 2006 and served as its President since June 2006 until September 01, 2021. Mr. Howes has experience in the...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD3.17M) is above average for companies of similar size in the US market ($USD1.10M).
Compensation vs Earnings: Paul's compensation has increased whilst the company is unprofitable.
Experienced Management: NR's management team is considered experienced (2.8 years average tenure).
Experienced Board: NR's board of directors are considered experienced (3.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Newpark Resources, Inc.'s employee growth, exchange listings and data sources
- Name: Newpark Resources, Inc.
- Ticker: NR
- Exchange: NYSE
- Founded: 1932
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: US$275.850m
- Shares outstanding: 92.26m
- Website: https://www.newpark.com
Number of Employees
- Newpark Resources, Inc.
- 9320 Lakeside Boulevard
- Suite 100
- The Woodlands
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/26 23:16|
|End of Day Share Price||2021/11/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.