Thread regarding Newpark Resources Inc. layoffs

From $9.60 to $2.52 in 5 years

Say no more. Outstanding job by NR execs running this stock straight into the cr----r. Enjoy those options boys! Maybe, just maybe, all those high salaried employees aren’t nearly as valuable as they think. Poor performance = poor employee compensation/benefits package. Not too difficult of a concept!!!! Fluids is a complete sh-t show and total debacle.

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Post ID: @OP+1iRu5sWD

4 replies (most recent on top)

Funny you mentioned PH & PV. Neither of those 2 clowns would know mud if it were poured in their lap. Complete buffoons!

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Post ID: @mdei+1iRu5sWD

If this happens, pretty much the script I predicted a while back: 1st generation (Perry and his team) builds the company, 2nd generation (PH & PV) runs it in the ground and 3rd generation (leprechaun) sales it off. Has happened to many an oilfield company.

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Post ID: @gaat+1iRu5sWD

I highly doubt that. SLB is a WHOLE lot smarter than that….. What’s to buy when you have consistently turned in substantial losses since late 2015? No legitimate reason to buy NR whatsoever. Same ending as Anchor/Qmax, Ambar, NOV and many other poorly run fluids companies.

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Post ID: @2kua+1iRu5sWD

We are hearing a rumor in Fourchon that MI Swaco will be buying us. It may help raise the price back over $3!

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Post ID: @mia+1iRu5sWD

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