Thread regarding Newpark Resources Inc. layoffs

CONGRATS TO THE EXECUTIVE TEAM...

for bringing down NR stock to a penny stock. We can blame it on the coronavirus and the oil/gas price wars but lets be honest, there has been a disease (lets call it the PH/PV/GP virus) at the company since 2014 and it was bound to destroy what the previous drilling fluids regime built. So congrats to all of you, well done, yall will forever be known as the true pandemic that wiped out a great company. Enjoy all your worthless stock options.

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Post ID: @OP+14e9xDnM

10 replies (most recent on top)

Pay-cuts for all that are left. This dog is getting cold and the fleas are getting ready to jump.

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Post ID: @3bnz+14e9xDnM
  • 67 Down 25% today. About 20 more days below a Buck and NP gets the dreaded letter about being delisted from the NYSE. Use your stock options for toilet paper, folks. PH runs ANOTHER company into the ground!
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Post ID: @2jmc+14e9xDnM

Hey Paulie — How do you like seventy five cents for your stock price?

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Post ID: @2daz+14e9xDnM

SLB out with Press release covering Salary cuts, work schedules, etc. HAL already released. Nothing yet i see from nr.

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Post ID: @1kmf+14e9xDnM

NR closed at .815 cents ( DOWN 9% ) when the Dow Industrial was UP NEARLY 700 POINTS

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Post ID: @1rej+14e9xDnM

The proxy statement for Shareholders Meeting should probably be going out next week. That should prove to be very entertaining, especially the Executive Compensation Section

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Post ID: @1ejz+14e9xDnM

Meanwhile, NR closes at .815. $73.5m market cap. I am sure PH and his executive cronies are “strategizing”. They probably should spend another $2m for another round of corporate advice as in last year. That worked really well, didn’t it.......

PH you reap what you sow. Karma really is a B–ch

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Post ID: @dpp+14e9xDnM

nr has not issued a Single SEC filing or press release about ANYTHING since 2-27-2020. Nothing in over a month. And the 2-27 filing was only about info they are including in their Presentation mumbo jumbo for investors. Oil currently at $20.30 Lowest in SEVENTEEN Years. And NG @ buck sixty five.

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Post ID: @jhy+14e9xDnM

As one person said, It is what it is. End of story. ph rode on the freedom train from the time he came to nr till 2014 when he hired pv. The beginning of the END. Thing is, the pathetic bod stood by and watched and became a True rubber stamp.

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Post ID: @apc+14e9xDnM

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