NYSE:NRNewpark Resources Stock Price, Forecast & News

Newpark Resources' stock was trading at $1.13 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NR stock has increased by 88.5% and is now trading at $2.13.
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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."
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Newpark Resources is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Newpark Resources.

Newpark Resources Inc (NYSE:NR) posted its earnings results on Monday, August, 3rd. The oil and gas company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by $0.01. Newpark Resources had a negative return on equity of 5.60% and a negative net margin of 8.64%.
View Newpark Resources' earnings history.

3 analysts have issued twelve-month price targets for Newpark Resources' shares. Their forecasts range from $3.00 to $3.00. On average, they anticipate Newpark Resources' stock price to reach $3.00 in the next year. This suggests a possible upside of 40.8% from the stock's current price.
View analysts' price targets for Newpark Resources.

Headlines about NR stock have trended extremely negative on Thursday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Newpark Resources earned a coverage optimism score of -4.1 on InfoTrie's scale. They also assigned news stories about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near future.
View the latest news about Newpark Resources.

Newpark Resources saw a increase in short interest in April. As of April 30th, there was short interest totaling 2,280,000 shares, an increase of 21.9% from the April 15th total of 1,870,000 shares. Based on an average trading volume of 1,420,000 shares, the days-to-cover ratio is currently 1.6 days. Currently, 2.6% of the shares of the stock are sold short.
View Newpark Resources' Short Interest.

Some companies that are related to Newpark Resources include Schlumberger (SLB), Halliburton (HAL), National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), RPC (RES), Helix Energy Solutions Group (HLX), Seacor (CKH), Oceaneering International (OII), Era Group (ERA), Tidewater (TDW), Oil States International (OIS), Matrix Service (MTRX), Geospace Technologies (GEOS) and Natural Gas Services Group (NGS).
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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), Charles Schwab (SCHW), Ritter Pharmaceuticals (RTTR), Zoetis (ZTS), Hudson Technologies (HDSN), Primo Water (PRMW) and Continental Resources (CLR).

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

Newpark Resources' stock is owned by many different retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (3.53%), Assenagon Asset Management S.A. (2.11%), Prescott Group Capital Management L.L.C. (1.85%), Bank of New York Mellon Corp (1.07%), WINTON GROUP Ltd (0.66%) and Foundry Partners LLC (0.39%). 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 sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Bank of New York Mellon Corp, UBS Group AG, Prudential Financial Inc., Stone Ridge Asset Management LLC, Buckingham Asset Management LLC, and Texas Permanent School Fund.
View insider buying and selling activity for Newpark Resources.

NR stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Russell Investments Group Ltd., Prescott Group Capital Management L.L.C., WINTON GROUP Ltd, Dupont Capital Management Corp, Diversified Trust Co, Quad Cities Investment Group LLC, and SG Americas Securities LLC. 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 $2.13.

Newpark Resources has a market capitalization of $193.08 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]