Thread regarding Newpark Resources Inc. layoffs

Since NDF is doing so well

Why is their market share s---ing wind in Mid Con, Eagleford, North East and Permian? Inquiring minds would like to know....

Maybe relationships were more important than what PV thought......

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Post ID: @SyvRVu9

42 replies (most recent on top)

Yea right, How U figure ? KATY

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Post ID: @SyvRVu9-Kfri

Q’bert is putting a whooping on NDF.

WHOOP!

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Post ID: @SyvRVu9-Kxny

I see U just don’t get it.

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Post ID: @SyvRVu9-Gnuq

K-Notice that you are actively reading message board and posting on NR time. Nothing else to do? Try going out and selling something. Have any clue on how that is done? At least, you can learn to spell correctly.

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Post ID: @SyvRVu9-Gyho

Say man I don’t know who U are but far as dug test well let’s keep that out of the Conversation, that was part of my bonus . 😄😄😄😄KATY

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Post ID: @SyvRVu9-Giih

Enforcing

Sorry for the error

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Post ID: @SyvRVu9-Ggbe

Working at NP must be hard unless you are drunk or stoned out of your mind.

I guess NP stopped or is not informing their employee Drug Policy ..

JT or several other managers would be terminated .

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Post ID: @SyvRVu9-Gjaa

Wow if we had been

listen to U year’s ago the door’s would have been close’ Right , I just saying. Hey are working are looking for a job. Just asking KATY

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Post ID: @SyvRVu9-Fwfb

FACT Per new NR promo material thru filings 1. Net debt at highest point since 2013. 2. Fully diluted Share count @3-31-2017 84.1M vs 3-31-18 91.7M 3. Net debt ratio to Capital @ Highest Point since 2013. 4. Operating Cash Flow in 2015 $122M-- In 2016 $11M -- In 2017- $38M In 1t Q 2018-- $1M 5. Over $40M of Intangible Assets and Goodwill added in 2017 No opinion in these numbers. As previously discussed -- Had to give back the $22M they booked as profit in the sale of NESI. Luckily Ecoserv decided to take the sure thing instead of suing for treble damages.

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Post ID: @SyvRVu9-Fnho

Facts are facts:

Choa

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Post ID: @SyvRVu9-Ejda

Man you and your opinion, please give me a Break .😄😄😄KATY

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Post ID: @SyvRVu9-Evbr

You should transferr to west Texas and watch your life go down the Drain.

You and SS can build a high fence around your ranch and watch PV run NP into the ground . Charlie was blessed to Be let go and change his life.

Sell your stock and options and get the heck out. AES or Q Max is a better opportunity.

Choa

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Post ID: @SyvRVu9-Edgj

Yes U got one FACT right LONG TERM. I have a job that’s feeding me will.👍🏽👍🏽 KATY

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Post ID: @SyvRVu9-yzoa

Has any other salesman in Houston been issued a DUI lately.

I'm guessing two timer JT is giving away mud and issuing credits to his friends.

Smart business practices. I'm sure SS in Midland is having a melt down, having to deal with Houston sales team.

Have fun:

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Post ID: @SyvRVu9-ymra

Can’t stand to hear the truth - can you? S--- it!!!

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Post ID: @SyvRVu9-ynxd

No. You need not say more. Please do us all a favor and shut the bloody h*ll up! I think we’ve heard enough of your blather.

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Post ID: @SyvRVu9-xavj

Katy~. Since you chose to reply with BS, here are the facts: NP is in a LONG TERM going out of business sale. FACT: Cash on hand substantially less every Qtr for past 2 years. FACT: Long term debt substantially HIGHER over past 2 years. FACT: Several million more shares of stock which dilutes shareholder value. FACT: Assets inflated and questionable at best. FACT: NO long term business plan for enhancing margins and turning a profit. FACT: Brazil and Australia have NEVER turned a profit. FACT: Fourchon upgrade will NEVER pay out. FACT: NP overhead is completely out of control. Too many non revenue producers on the payroll. FACT: INCOMPETENT management at ALL levels in ALL regions. Need I say more??

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Post ID: @SyvRVu9-xjrg

You might try repeating grammar school.

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Post ID: @SyvRVu9-xpow

IK let’s figure this out, now at my recollection for the last two to three year’s U all has said that the door’s would be close and lock in Katy , that turn out to be false. 2 check will be rubber, Matt’s will not keep us in Business also, the Woodlands wouldn’t be able to stand. I know for a fax my check’s has never bounce the door’s is still open and the Woodland is still in operation so is Katy, Oh also I was please with my bonus . So that should tell U something is going right don’t U think. I’m just saying. KATY👍🏽

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Post ID: @SyvRVu9-wbgq

Let's review for a moment. 1.NDF margins up from 4.5% in last two quarters of 2017 to an Outstanding 5.9% in the 1st Q 2018. Say it again 5.9% . Wow!!! Impressive !!!. Mats constantly over 20% every quarter. 2. Common stock share fully diluted count up from apprx 84.1M shares in 3/2017 to 91.7M shares in 3/2018. Now that's how you knock the cover off the ball. MORE DILUTION. 3. Settle a Lawsuit (after about 4 years) where you (NR) lose apprx $22M . Just go read the Ecoserv final deal and the accusations they make. 4. Long Term Debt on 3/2018 up apprx $27M since 12/17 and apprx $46M since 9/2017. 5. Last 4 Q's of NR's TOTAL Net Income apprx $2M which is sufficient to cover ph's $1.3M Bonus payment. Remember, timing is everything. 6. BUT don't forget that Great Increase in 2017 in Assets ( counting Goodwill and Intangible Assets). 2 Quality Assets-- These 2 items increased over $48M. 7. Hope you Mats people aren't getting tired- Finish line is WAY over the next hill.

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Post ID: @SyvRVu9-wczf

PV

3 years as Prez of North America, 1 year as Prez of entire NP fluids. Your failing, pathetic, miserable performance continues. Someone needs to wake the f### up and hold your arse accountable. You have made so many bad decisions starting with DV and continuing until this very day. No clue whatsoever and obviously no accountability. A complete sh-- show

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Post ID: @SyvRVu9-wtlk

Well thank god Katy is no operating Under your opinion , other wise our door’s would has been close. I just saying! (Katy).

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Post ID: @SyvRVu9-wlyk

PV

Thanks for clarifying that your sales team stinks and you need another year too screw things up even more.

PH

Go back to the ink business. You and your management team should return your 2017 salary and bonus for poor performance.

Choa

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Post ID: @SyvRVu9-wsrs

Will Do.📣📣📣📣

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Post ID: @SyvRVu9-wujs

Also, your boy paulie just unloaded over 150,000 stock options priced at $7.89 for apprx $10.40 a share. Obviously he doesn't see much room to move up in the stock price. BS sold about 43,000 of the same priced options also at apprx the same price. With the mats guy selling about 20,000 and the lame duck COB da selling about the same amount. Party on.

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Post ID: @SyvRVu9-wopy

Rather than restore NP to profitability. Woodlands too busy figuring how to spend their bonuses. What a complete Sh-- show...

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Post ID: @SyvRVu9-vojr

NR exect's obviously had to fess up to WS today about this Q's sales and earnings picture. Market and oil both UP but NR down on heavy volume. Paper Headline the other day. " The GOM can be a lonely place for oil drillers". Time to spend more $$$ at Fourchon,etc.

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Post ID: @SyvRVu9-vbkw

I know working and making money, Katy

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Post ID: @SyvRVu9-sqnp

What is the projections of looser Corp USA for Q1??

Should we cry or wonder how the looser's in the Woodlandd continue to stay employed.

Or how the management team in the Permain not been fired.

You can make your own option on this topic.

What the hxxx is going on in WT?

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Post ID: @SyvRVu9-styz

No U right

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Post ID: @SyvRVu9-eiid

See that nothing has changed over the last many years

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Post ID: @SyvRVu9-etic

Not as bad as NP’s bloated, lying HR department. They are pathetic and all need to be riffed

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Post ID: @SyvRVu9-efsb

Smart move on his part don’t U think. He probably what for that Law frim😎

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Post ID: @SyvRVu9-dyyk

He just farmed out all the legal work to his buddies at other firms. Huge waste of stockholders $$$

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Post ID: @SyvRVu9-cfdi

No , not Lawer they are Usery the last to go. Didn’t need them no way👍🏽👍🏽

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Post ID: @SyvRVu9-bhoy

Looks like the corporate lawyer is jumping ship before it sinks.👎👎

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Post ID: @SyvRVu9-bhqg

Don't spend your $500 bonus all at once.

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Post ID: @SyvRVu9-3mvh

Door’s still open.Katy

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Post ID: @SyvRVu9-3low

Let's see now - 2014- 85.5 M shares Outstanding 2018- 89.3M shares Outstanding. Long Term Debt down Only $12M since 12-2015. Stockholder Equity Up $27M Since 12-2015 BUT AND A BIG BUT Goodwill and Intangible Assets ( Asset Parts of Stockholder Equity) UP $44M since 12-2015. (Trying going to the BANK and tell them You want to get a LOAN based on Your Goodwill and Intangible Assets - See how that works out for you). What is there to brag about in those numbers ??. Part B--Now look at page 29 of proxy where it talks about EBIT (Earnings Before Interest and Taxes) for Fluids Division in 2017, It was a LOSS of 25.7M (YES a LOSS of $25.7M). But This is Compared to a Target Loss of $39.3M. So they LOST $13.3 M less than Target Loss Sooo Now Time to GET OUT THE BONUS CHECKBOOK!!! How do they say it- Where there is a will, there is a way. SIMPLY AMAZING . And this Company has a Seven Person Board of Directors.

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Post ID: @SyvRVu9-kcj

With the exception of mats, NO ONE should be getting ANY bonus due to the abysmal and inept results from fluids over the last 3 years. Nothing but a complete Sh-- show in fluids folks....

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Post ID: @SyvRVu9-lhm

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