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NR

Newpark ResourcesNYSE:NR Stock Report

Market Cap

US$275.8m

7D

8.7%

1Y

74.9%

Updated

26 Nov, 2021

Data

Company Financials +
NR fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance0/6
Financial Health6/6
Dividends0/6

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

NOV

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US$4.9b

Bristow Group

NYSE:VTOL

US$886.7m

Tidewater

NYSE:TDW

US$445.8m

TETRA Technologies

NYSE:TTI

US$354.2m

Price History & Performance

Summary of all time highs, changes and price drops for Newpark Resources
Historical stock prices
Current Share PriceUS$2.99
52 Week HighUS$4.08
52 Week LowUS$1.48
Beta3.48
1 Month Change-14.57%
3 Month Change19.60%
1 Year Change74.85%
3 Year Change-61.12%
5 Year Change-61.17%
Change since IPO35.76%

Recent News & Updates

Sep 28
A Look At The Fair Value Of Newpark Resources, Inc. (NYSE:NR)

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...

Jul 27
We Think Newpark Resources (NYSE:NR) Has A Fair Chunk Of Debt

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...

Jun 30

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.

Shareholder Returns

NRUS Energy ServicesUS Market
7D8.7%-1.1%-2.7%
1Y74.9%24.2%21.3%

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.

Price Volatility

Is NR's price volatile compared to industry and market?
NR volatility
NR Average Weekly Movement7.6%
Energy Services Industry Average Movement7.4%
Market Average Movement5.9%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market2.2%

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

FoundedEmployeesCEOWebsite
19321,560Paul Howeshttps://www.newpark.com

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

How do Newpark Resources's earnings and revenue compare to its market cap?
NR fundamental statistics
Market CapUS$275.85m
Earnings (TTM)-US$40.28m
Revenue (TTM)US$564.92m

0.5x

P/S Ratio

-6.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NR income statement (TTM)
RevenueUS$564.92m
Cost of RevenueUS$490.15m
Gross ProfitUS$74.77m
ExpensesUS$115.05m
Earnings-US$40.28m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.44
Gross Margin13.24%
Net Profit Margin-7.13%
Debt/Equity Ratio20.1%

How did NR perform over the long term?

See historical performance and comparison

Valuation

Is Newpark Resources undervalued compared to its fair value and its price relative to the market?

0.59x

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).


Future Growth

How is Newpark Resources forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

12.3%

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


Past Performance

How has Newpark Resources performed over the past 5 years?

-17.5%

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.


Financial Health

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.


Balance Sheet


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.


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Paul Howes (65 yo)

15.67yrs

Tenure

US$3,174,385

Compensation

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.


Leadership Team

Experienced Management: NR's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: NR's board of directors are considered experienced (3.9 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Newpark Resources, Inc.'s employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Newpark Resources, Inc.
  • 9320 Lakeside Boulevard
  • Suite 100
  • The Woodlands
  • Texas
  • 77381
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/26 23:16
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.