Highest-materiality recent filing
NPK Q1 revenues rise 16% to $75.1M, raises full-year guidance; plans 50% mfg capacity expansion
Revenue $75.1M (+16% YoY); diluted EPS $0.12; adjusted EBITDA $22.5M (+14%); adj. EBITDA margin 29.9%.
Q4 revenue $75.2M (+31% YoY); diluted EPS $0.13; adjusted EBITDA $21.7M (+27%).
NPK acquires Grassform Plant Hire for £35.2M ($46.4M) cash; strengthens UK rental ops
Acquired Grassform Plant Hire for £35.2M ($46.4M) cash at closing, plus potential earn-out based on trailing 12-month performance to Feb 28, 2026.
NPK Q3 revenue $68.8M (+56% YoY); raises FY revenue guidance to $268-272M
Revenue $68.8M, +56% YoY; rental revenue $29.6M (+57%); product sales $25M (strongest quarter).
NPK Q2 revenue $68.2M (+2%); record rental revenue $31.7M (+34%); raises FY guidance
Revenue $68.2M (+2% YoY); rental revenue record $31.7M (+34% YoY) on power transmission demand.
NPK International Q1 revenues +32% to $64.8M, Adj. EBITDA +59%, raises FY guidance
Revenue $64.8M (+32% YoY); diluted EPS $0.12 vs $0.05; Adj. EBITDA $19.7M (+59%); margin 30.4%.
NPK Q4 revenue $57.5M (+24% YoY), record rental revenue; guides 2025 revenue +10% growth
Q4 revenue $57.5M (+24% YoY), operating income $11.6M, adjusted EBITDA $17.1M (+35%).
Newpark Q3 revenue $44.2M, down 23%; completes Fluids sale, reports ransomware incident
Revenue $44.2M, operating income $1.2M; GAAP diluted EPS $0.17 from continuing ops (includes $14.6M tax benefit).
Newpark sells Fluids Systems for net $56M; pre-tax impairment ~$200M
Base sale price $127.5M, adjusted by $43M for working capital and $10M debt; net cash proceeds $70M minus $19M foreign cash conveyed plus $5M seller note.
Newpark Resources Q2 adj. EBITDA +18% to $23.4M; Industrial Solutions revenue jumps 39% organically
GAAP net income $8.0M ($0.09 diluted EPS); adjusted net income $10.4M ($0.12 diluted EPS).
Newpark Q1 net income up 30% to $7.3M; margins expand 210bps; Fluids strategic review on track
Net income of $7.3M ($0.08 diluted EPS) vs $5.6M prior year; Adjusted net income of $8.9M ($0.10 diluted EPS).
Newpark Q4 rev $167.8M, adj EPS $0.04; FY adj EBITDA $80.1M (+21%); guides IS rev $230-240M
Q4 revenue $167.8M, net loss $0.5M ($0.01/sh) vs prior year net income $9.0M.
Newpark Q3 net income $7.7M vs loss prior yr; Industrial Solutions revenue up 12%
Net income $7.7M ($0.09 diluted) vs net loss $24.6M in Q3 2022.
Newpark Q2 net income $1.7M vs loss; Adj EBITDA $19.8M, +49% YoY
Revenue $183.3M (-6% YoY); Industrial Solutions $48.1M (-2%), Fluid Systems $135.2M (-7%).
Newpark Resources exploring strategic alternatives for Fluids Systems division; retains Lazard
Company initiated process to explore strategic alternatives for its Fluids Systems division.
Newpark Q1 net income $0.06/diluted sh; adj EPS $0.09; Industrial Solutions rev +58% YoY
Total revenues $200.0M vs $176.4M in Q1 2022 (+13%); net income $5.6M vs $2.5M.
Newpark Q4 revenue $225M, EPS $0.10, completes strategic divestitures, reduces debt $47M
Q4 2022 revenue $225.2M, up 25% YoY; net income $9.0M ($0.10 diluted) vs net loss $3.7M a year ago.
Newpark completes Gulf of Mexico exit transactions; repurchases 4.4M shares in Q4
Completed sale of completions fluids assets and 7-year sublease of Fourchon facility; received ~$6M in Q4, expects ~$25M from working capital wind-down.
Newpark completes sale of Excalibar and Conroe facility for nearly $80M net cash
Sold Excalibar industrial mineral grinding assets to Cimbar Resources for $48M base price plus inventory adjustment; also sold Conroe, TX blending facility.
Newpark Resources Q3 2022: Revenue $219.9M, net loss $0.26/sh; announces divestitures for ~$96M cash
Q3 revenue $219.9M (+13% QoQ); net loss $24.6M ($0.26/sh) including $29.9M pre-tax impairment charges.
Newpark Resources to sell Excalibar mineral grinding business to Cimbar for $48M plus inventory
Sale price $48M cash, adjusted for inventory value target of $24.5M; net capital employed ~$65M as of Sep 30, 2022.
On March 10, 2025, the Board of Directors (the “Board”) of NPK International Inc. (“the Company”) elected to increase the size of the Board from seven directors to eight directors effective March 10, 2025 and appointed Mr. Joseph A. Cutillo to fill the resulting vacancy.
E. Chipman Earle, Vice President, General Counsel, Chief Compliance Officer, Chief Administrative Officer and Corporate Secretary of Newpark Resources, Inc. (the “Company”) will be departing the Company effective April 30, 2023 (the “Departure Date”).
The Company has appointed Ms. Frugé to succeed Mr. Earle as the Company’s Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary, effective May 1, 2023.
Mr. Anthony J. Best informed the Corporate Secretary of Newpark on December 1, 2022 pursuant to Newpark’s Amended and Restated Bylaws that he does not intend to stand for re-election at the Company's next Annual General Meeting of Stockholders in May 2023 (the “Annual Meeting”) , but instead intends to retire from the Board effective at the conclusion of the Annual Meeting.
G. Stephen Finley informed the Chairman of the Board of Directors of Newpark Resources, Inc. (the “Company”) on April 4, 2022 that he does not intend to stand for re-election at the Company's next Annual General Meeting of Stockholders in May 2022 (the “Annual Meeting”), but instead he intends to retire from the Board, effective at the conclusion of the Annual Meeting.
Matthew Lanigan, who had previously served as President and Chief Operating Officer of the Company, succeeded Mr. Howes and was promoted to the position of President and Chief Executive Officer effective March 1, 2022.
effective February 28, 2022, Paul L. Howes retired as Chief Executive Officer of the Company.
On February 28, 2022, the Board elected to increase the size of the Board further from eight directors to nine directors effective March 1, 2022 and appointed Ms. Claudia Meer to fill the resulting vacancy.
the Board of Directors of the Company (the “Board”) increased the size of the Board from seven directors to eight directors effective March 1, 2022 and appointed Donald Young to the Board to fill the resulting vacancy.
Except for the Cooperation Agreement, the Conditional Resignation Letter and the Questionnaire, there are no arrangements or understandings between the Company and Mr. Young pursuant to which Mr. Young will be appointed to the Board
Paul L. Howes, Chief Executive Officer of the Company, intends to retire on February 28, 2022 (the “Retirement Date”) as an officer of the Company.
Matthew Lanigan, who currently serves as President and Chief Operating Officer of the Company, will become President and Chief Executive Officer of the Company
Max materiality 0.85 · Median 0.38 · Most common event earnings