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NR Stock - Newpark Resources Inc.


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Newpark Resources Inc. logo

Newpark Resources, Inc., headquartered in The Woodlands, Texas, specializes in providing a comprehensive range of products, rentals, and services tailored primarily to support the oil and natural gas exploration and production (E&P) industry. Operating through two core segments Fluids Systems and Industrial Solutions the company serves a diverse global clientele spanning North America, Europe, the Middle East, Africa, Asia Pacific, and Latin America.

The Fluids Systems segment represents a significant portion of Newpark's offerings, delivering drilling, completion, and stimulation fluids products alongside specialized technical services. These solutions are crucial for optimizing operational efficiencies and enhancing well performance across various E&P projects worldwide.

In parallel, the Industrial Solutions segment focuses on providing composite matting system rentals essential for temporary worksite access in demanding environments. This segment also offers comprehensive site construction services to diverse industries including power transmission, pipeline construction, renewable energy, and petrochemical sectors. Additionally, Newpark Resources sells composite mats globally, underscoring its commitment to delivering innovative solutions that meet stringent industry standards.

Established in 1932, Newpark Resources continues to build upon its legacy of industry expertise and customer-focused solutions. With a robust portfolio that includes access road construction, environmental protection services, fluids containment solutions, and site restoration services, the company remains poised to support the evolving needs of global E&P markets while maintaining a commitment to sustainability and operational excellence.

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Stock Sector: Energy: Oil & Gas Equipment & Services

 

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