Press coverage about Newpark Resources (NYSE:NR) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Newpark Resources earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned news headlines about the oil and gas company an impact score of 47.2761632440647 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Newpark Resources (NYSE:NR) opened at $8.90 on Tuesday. The company has a market capitalization of $785.12, a price-to-earnings ratio of -127.12 and a beta of 1.56. The company has a quick ratio of 2.14, a current ratio of 3.19 and a debt-to-equity ratio of 0.29. Newpark Resources has a 12-month low of $6.40 and a 12-month high of $10.20.
Newpark Resources (NYSE:NR) last issued its earnings results on Thursday, February 8th. The oil and gas company reported $0.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.03. The business had revenue of $204.40 million during the quarter, compared to analysts’ expectations of $202.55 million. Newpark Resources had a positive return on equity of 1.59% and a negative net margin of 0.82%. The company’s revenue for the quarter was up 49.1% on a year-over-year basis. research analysts expect that Newpark Resources will post 0.39 EPS for the current year.
In other news, EVP Bruce Campbell Smith sold 43,750 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $8.47, for a total value of $370,562.50. Following the completion of the sale, the executive vice president now owns 292,942 shares of the company’s stock, valued at $2,481,218.74. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 4.90% of the company’s stock.
About Newpark Resources
Newpark Resources, Inc is a supplier providing products and services primarily to the oil and gas exploration and production (E&P) industry. The Company’s segments include Fluids Systems, and Mats and Integrated Services. The Fluids Systems segment provides drilling fluids products and technical services to customers in the North America; Europe, the Middle East and Africa; Latin America, and Asia Pacific regions.
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