Quarterlytics / Energy / Oil & Gas Equipment & Services / Newpark Resources

Newpark Resources

NR · NYSE Energy
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Ticker NR
Exchange NYSE
Sector Energy
Industry Oil & Gas Equipment & Services
Employees 1001-5000

Business description

Newpark Resources, Inc.: Providing Vital Products and Services to the Oil and Gas Industry The oil and natural gas exploration and production (E&P) industry is essential to modern life, powering everything from cars to homes to industries. Newpark Resources, Inc. is a company that provides crucial products, rentals, and services to this industry, operating through two segments: Fluids Systems and Industrial Solutions. The Fluids Systems segment offers a range of drilling, completion, and stimulation fluids products, along with related technical services. These products and services are primarily provided to customers in North America, Europe, the Middle East, and Africa, as well as other countries in the Asia Pacific and Latin America. The Industrial Solutions segment provides composite matting system rentals that are used for temporary worksite access, accompanying site construction and services to customers in various markets. These markets include power transmission, E&P, pipeline, renewable energy, petrochemical, construction, and other industries in the United States and Europe. Additionally, the segment offers recyclable composite mats to customers worldwide, along with access road construction, site planning and preparation, environmental protection, fluids and spill containment, erosion control, and site restoration services. Newpark Resources, Inc. has been in operation since 1932 and is headquartered in The Woodlands, Texas. As the oil and gas industry continues to evolve, companies like Newpark Resources, Inc. play a critical role in providing the necessary products and services that keep the industry moving forward.

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Company facts
TickerNR
ExchangeNYSE
Sector Energy
Industry Oil & Gas Equipment & Services
Employees1001-5000