Newpark Resources Stock Today

NR Stock  USD 7.11  0.01  0.14%   

Performance

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Odds Of Distress

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Newpark Resources is selling at 7.11 as of the 18th of March 2024; that is -0.14% down since the beginning of the trading day. The stock's lowest day price was 7.09. Newpark Resources has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Newpark Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of March 2022 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Energy
IPO Date
26th of September 1991
Newpark Resources, Inc. provides products, rentals, and services primarily to the oil and natural gas exploration and production industry. Newpark Resources, Inc. was incorporated in 1932 and is headquartered in The Woodlands, Texas. Newpark Resources operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. The company has 85.2 M outstanding shares of which 1.13 M shares are now sold short in the market by investors with about 1.6 days to cover all shorted shares. More on Newpark Resources

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Newpark Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Newpark Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Newpark Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOPaul Howes
Thematic Ideas
(View all Themes)
Business ConcentrationOil & Gas Equipment & Services, Energy, NYSE Composite, Farming, Machinery, Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors)
Average Analyst Recommendation
Analysts covering Newpark Resources report their recommendations after researching Newpark Resources' financial statements, talking to executives and customers, or listening in on Newpark Resources' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Newpark Resources. The Newpark consensus assessment is calculated by taking the average forecast from all of the analysts covering Newpark Resources.
Financial Strength
Based on the key indicators related to Newpark Resources' liquidity, profitability, solvency, and operating efficiency, Newpark Resources is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Newpark Resources is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.681.167
Way Down
Slightly volatile
Gross Profit Margin0.20.1848
Significantly Up
Very volatile
Net Debt51.2 M53.8 M
Notably Down
Pretty Stable
Total Current Liabilities103.1 M136.3 M
Way Down
Pretty Stable
Non Current Liabilities Total161.3 M90.7 M
Way Up
Slightly volatile
Total Assets628.4 M642.3 M
Fairly Down
Very volatile
Total Current Assets312.2 M357.2 M
Fairly Down
Pretty Stable
Newpark Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Newpark Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Newpark Resources' financial leverage. It provides some insight into what part of Newpark Resources' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Newpark Resources' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Newpark Resources deploys its capital and how much of that capital is borrowed.
Liquidity
Newpark Resources cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 92.44 M of total liabilities with total debt to equity ratio (D/E) of 0.37, which is normal for its line of buisiness. Newpark Resources has a current ratio of 2.64, indicating that it is in good position to pay out its debt commitments in time. Debt can assist Newpark Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Newpark Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Newpark Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Newpark to invest in growth at high rates of return. When we think about Newpark Resources' use of debt, we should always consider it together with cash and equity.

Capital Expenditures

39.11 Million
Newpark Resources (NR) is traded on New York Stock Exchange in USA. It is located in 9320 Lakeside Boulevard, The Woodlands, TX, United States, 77381 and employs 1,550 people. Newpark Resources is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a market capitalization of 606.64 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Newpark Resources's market, we take the total number of its shares issued and multiply it by Newpark Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Newpark Resources is active under Energy Equipment & Services sector as part of Energy industry. The entity has 85.2 M outstanding shares of which 1.13 M shares are now sold short in the market by investors with about 1.6 days to cover all shorted shares. Newpark Resources reports about 23.18 M in cash with 100 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.21.
Check Newpark Resources Probability Of Bankruptcy
Ownership Allocation
Newpark Resources maintains a total of 85.2 Million outstanding shares. The majority of Newpark Resources outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Newpark Resources to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Newpark Resources. Please pay attention to any change in the institutional holdings of Newpark Resources as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Newpark Ownership Details

Newpark Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Newpark Resources jumping above the current price in 90 days from now is nearly 4.32%. The Newpark Resources probability density function shows the probability of Newpark Resources stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon Newpark Resources has a beta of 0.8829. This indicates Newpark Resources market returns are sensible to returns on the market. As the market goes up or down, Newpark Resources is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Newpark Resources is significantly underperforming NYSE Composite.
  Odds Below 7.11HorizonTargetOdds Above 7.11
95.62%90 days
 7.11 
4.32%
Based on a normal probability distribution, the odds of Newpark Resources to move above the current price in 90 days from now is nearly 4.32 (This Newpark Resources probability density function shows the probability of Newpark Stock to fall within a particular range of prices over 90 days) .

Newpark Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Newpark Resources that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Newpark Resources' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Newpark Resources' value.
InstituionRecorded OnShares
Fmr Inc2023-12-31
1.2 M
Hotchkis & Wiley Capital Management Llc2023-12-31
1.2 M
Acadian Asset Management Llc2023-12-31
1.2 M
Northern Trust Corp2023-12-31
1.2 M
Two Sigma Investments Llc2023-12-31
1.2 M
Two Sigma Advisers, Llc2023-12-31
1.1 M
American Century Companies Inc2023-12-31
1.1 M
Nuveen Asset Management, Llc2023-12-31
1.1 M
Putnam Investments Llc2023-12-31
938.6 K
Ameriprise Financial Inc2023-12-31
6.4 M
Blackrock Inc2023-12-31
6.2 M
View Newpark Resources Diagnostics

Newpark Resources Historical Income Statement

Newpark Resources Income Statement is one of the three primary financial statements used for reporting Newpark's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Newpark Resources revenue and expense. Newpark Resources Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Newpark Resources' Reconciled Depreciation is relatively stable compared to the past year. View More Fundamentals

Newpark Stock Against Markets

Picking the right benchmark for Newpark Resources stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Newpark Resources stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Newpark Resources is critical whether you are bullish or bearish towards Newpark Resources at a given time. Please also check how Newpark Resources' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Newpark Resources without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Newpark Resources Corporate Directors

Newpark Resources corporate directors refer to members of a Newpark Resources board of directors. The board of directors generally takes responsibility for the Newpark Resources' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Newpark Resources' board members must vote for the resolution. The Newpark Resources board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
John MingeIndependent DirectorProfile
Stephen FinleyIndependent DirectorProfile
Donald YoungIndependent DirectorProfile
Gary WarrenIndependent DirectorProfile

How to buy Newpark Stock?

Before investing in Newpark Resources, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Newpark Resources. To buy Newpark Resources stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Newpark Resources. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Newpark Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Newpark Resources stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Newpark Resources stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Newpark Resources, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Newpark Stock please use our How to Invest in Newpark Resources guide.

Already Invested in Newpark Resources?

The danger of trading Newpark Resources is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Newpark Resources is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Newpark Resources. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Newpark Resources is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Newpark Resources is a strong investment it is important to analyze Newpark Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newpark Resources' future performance. For an informed investment choice regarding Newpark Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newpark Resources. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Newpark Stock, please use our How to Invest in Newpark Resources guide.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running Newpark Resources' price analysis, check to measure Newpark Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newpark Resources is operating at the current time. Most of Newpark Resources' value examination focuses on studying past and present price action to predict the probability of Newpark Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newpark Resources' price. Additionally, you may evaluate how the addition of Newpark Resources to your portfolios can decrease your overall portfolio volatility.
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Is Newpark Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newpark Resources. If investors know Newpark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newpark Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.192
Earnings Share
0.16
Revenue Per Share
8.676
Quarterly Revenue Growth
(0.26)
Return On Assets
0.0342
The market value of Newpark Resources is measured differently than its book value, which is the value of Newpark that is recorded on the company's balance sheet. Investors also form their own opinion of Newpark Resources' value that differs from its market value or its book value, called intrinsic value, which is Newpark Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newpark Resources' market value can be influenced by many factors that don't directly affect Newpark Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newpark Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Newpark Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newpark Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.