NYSE:NRNewpark Resources Stock Price, Forecast & News

Newpark Resources' stock was trading at $1.13 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NR shares have increased by 73.5% and is now trading at $1.96. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newpark Resources in the last year. There are currently 2 hold ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Newpark Resources.

Newpark Resources is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Newpark Resources.

Newpark Resources will be holding an earnings conference call on Monday, August 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Newpark Resources Inc (NYSE:NR) announced its quarterly earnings results on Tuesday, May, 5th. The oil and gas company reported ($0.11) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.05) by $0.06. The oil and gas company earned $164.55 million during the quarter, compared to analyst estimates of $171.25 million. Newpark Resources had a negative return on equity of 1.39% and a negative net margin of 3.41%. View Newpark Resources' earnings history.

3 equities research analysts have issued 1-year price objectives for Newpark Resources' shares. Their forecasts range from $3.00 to $3.00. On average, they anticipate Newpark Resources' share price to reach $3.00 in the next twelve months. This suggests a possible upside of 53.1% from the stock's current price. View analysts' price targets for Newpark Resources.

News headlines about NR stock have trended positive on Thursday, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Newpark Resources earned a news impact score of 2.1 on InfoTrie's scale. They also assigned headlines about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near term. View the latest news about Newpark Resources.

Newpark Resources saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 1,600,000 shares, a decline of 35.0% from the June 15th total of 2,460,000 shares. Based on an average trading volume of 1,350,000 shares, the days-to-cover ratio is presently 1.2 days. Approximately 1.8% of the company's shares are sold short. View Newpark Resources' Current Options Chain.

Some companies that are related to Newpark Resources include Schlumberger (SLB), Halliburton (HAL), National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), RPC (RES), Oceaneering International (OII), Seacor (CKH), Helix Energy Solutions Group (HLX), Era Group (ERA), Oil States International (OIS), Matrix Service (MTRX), Tidewater (TDW), Geospace Technologies (GEOS) and Natural Gas Services Group (NGS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Newpark Resources investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Apache (APA), Ritter Pharmaceuticals (RTTR), Charles Schwab (SCHW), Zoetis (ZTS), Hudson Technologies (HDSN), Primo Water (PRMW) and Accenture (ACN).

Newpark Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "NR."

Newpark Resources' stock is owned by a variety of retail and institutional investors. Top institutional investors include Diversified Trust Co (0.03%). Company insiders that own Newpark Resources stock include Douglas L White, Edward Chipman Earle, Gregg Piontek, John C Minge and Paul L Howes. View institutional ownership trends for Newpark Resources.

NR stock was bought by a variety of institutional investors in the last quarter, including Diversified Trust Co. Company insiders that have bought Newpark Resources stock in the last two years include Edward Chipman Earle, Gregg Piontek, John C Minge, and Paul L Howes. View insider buying and selling activity for Newpark Resources.

Shares of NR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of NR stock can currently be purchased for approximately $1.96.

Newpark Resources has a market capitalization of $176.20 million and generates $820.12 million in revenue each year. The oil and gas company earns $-12,950,000.00 in net income (profit) each year or $0.08 on an earnings per share basis. Newpark Resources employs 2,200 workers across the globe.

The official website for Newpark Resources is www.newpark.com.

Newpark Resources' mailing address is 9320 LAKESIDE BOULEVARD SUITE 100, THE WOODLANDS TX, 77381. The oil and gas company can be reached via phone at 281-362-6800 or via email at [email protected]