Newpark ResourcesNYSE: NR

Newpark Resources, Inc. (NYSE:NR ) Q3 2024 Results Conference Call November 8, 2024 9:30 AM ET Company Participants Gregg Piontek - Chief Financial Officer Matthew Lanigan - Chief Executive Officer Conference Call Participants Aaron Spychalla - Craig Hallum Sameer Joshi - H.C. Wainwright Gerry Sweeney - ROTH Capital Alex Rygiel - B.

HOUSTON--(BUSINESS WIRE)--SCF Partners, Inc. (“SCF”) is pleased to announce its acquisition of the Newpark Fluids Systems business (“NFS”), a leading global pure-play oil & gas and geothermal fluids solution provider, from Newpark Resources Inc. (NYSE: NR). Newpark Fluids Systems provides a full range of drilling & completion products and related technical services supported by an innovative digital modeling software suite, global supply chain and infrastructure to enhance the efficienc.

The mean of analysts' price targets for Newpark (NR) points to a 41.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Newpark Resources (NR) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.08 per share a year ago.

Newpark Resources (NR) is likely to have experienced reduced demand for its services in Q2 due to decreased drilling activities, and lower spending on upstream activities by explorers and producers.

THE WOODLANDS, Texas , July 17, 2024 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) ("Newpark" or the "Company") today announced that it will issue second quarter 2024 results after the U.S. markets close on Monday, August 5, 2024. A conference call will be held the following day on Tuesday, August 6, 2024, at 9:30 a.m.

Newpark (NR) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Newpark (NR) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Newpark (NR) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.