Thread regarding Newpark Resources Inc. layoffs

Sale at last?

Received odd requests for numbers recently, sounding like someone is doing due diligence. Rumors of a sale have been around a long time. Has PH finally decided to pull the trigger so that he and his minions can execute their change of ownership clauses and laugh all the way to the bank?

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Post ID: @VCEarPB

36 replies (most recent on top)

Hey dude what U mean by that? Sound like someone did U wrong at NP.

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Post ID: @VCEarPB-yccc

What goes around, comes around. Karma’s a B--ch. Good riddance Bloke

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Post ID: @VCEarPB-yijh

KATY, Look’s like NP cutting from the top. What’s really going on.

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Post ID: @VCEarPB-ygrt

Ho,Ho,Ho News flash Just Out!!! Katy -you may want to check the Organization chart starting tomorrow.

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Post ID: @VCEarPB-ycee

Hey So is everyone one else, Come on it’s going to do that because of oil prizes . Hang in there and watch it will be back up. No collusion . KATY.

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Post ID: @VCEarPB-wkgy

NR stock down over 30% in last 2 1/2 months. Get your calculator out and call that Fake News.

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Post ID: @VCEarPB-wxom

He, You lost me there can’t figure out who HE is. Everyone is pretty secure here in KATY, That’s a fact with no collusion . KATY

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Post ID: @VCEarPB-vclq

KATY no aNswer-he already fluffing T Rump.

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Post ID: @VCEarPB-veya

It’s going to start in Denver, my friend, That’s a fax . If anywhere.

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Post ID: @VCEarPB-valt

When they start reducing headcount it will only be at the KATY levels ( ie the lowest levels in the Company) . History indicates, They will Never make it up to pv or the Woodlands crew. $59.02 at present.

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Post ID: @VCEarPB-vxgh

KATY, the crude market crashed today. You going to need job soon. Donald Trump is hiring f------s. You fit bill.

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Post ID: @VCEarPB-uyvv

Heard there going to be some changing going on first of the year, Loo

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Post ID: @VCEarPB-tzeu

We won’t make it to 10 we on our way back up sit back and watch. Yes we are on the rope but look out coming back strong. No Fake New’s. KATY

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Post ID: @VCEarPB-hfrl

$7.36. No fake news. Wall Street totally unimpressed. Wake up folks, NP is on the mat for a 10 count

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Post ID: @VCEarPB-geqs

You are right, money is being mad somewhere don’t U think? Doors still open and met pay still good. (KATY)

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Post ID: @VCEarPB-eosw

Really , what would you expect ?. They ( the BOD of NR) Pay ph-- $2.1M in 2017 to have NR LOSE $6M in 2017, Lose $40M in 2016 and Lose $90M in 2015. Think this is fake news? Go look it up in the 2018 Proxy Statement and/ or in Yahoo Finance (NR) in the Profile section for ph Salary. It's in plain black and white. Financial section has the Yearly Income statements or should i say Lack of Income statements. They make just $.04 cents/share in probably the Most Busy Quarter in the last 3 1/2 Years (3rd Q 2018 ). Down from $.12 cents per share in the previous Quarter. The BOD must live on Another Planet.

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Post ID: @VCEarPB-eiha

Sounds like another stupid decision by NP Management, to spend money on their Gulf Coast division.

18 rigs working in the Gulf.

Along with Exxon’s announcement to sell Gulf Of Mexico assists.

Brilliant move

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Post ID: @VCEarPB-ezsr

U forgot to add the Matt’s in on this, if U going to tell it tell it all. KATY

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Post ID: @VCEarPB-dldc

Let's look at the ph quote " We are pleased to report that both segments are Continuing to make Meaningful strides in the execution of our Long-Term strategy " OK???. 1. Net Income 2ndQ 2018 was $10.8M --Net income for 3rdQ 2018 was $3.6M. So DOWN $7.2M Quarter to Quarter--Did I miss something here??? Onward thru the fog. 2. Overhead (Selling, G&A) 3rd Q 2018 was UP TO $29.8M Compared to 3rd Q 2017 Overhead(Selling,G&A) of $27.2M. An INCREASE of $2.5M. ALL Right -now we are rolling- Sell less and spend MORE.. 3. Sales were UP a GRAND Total of $1M for the 3rd Q 2018 vs the 2nd Q 2018. A WHOLE $1M INCREASE - That is a 1/2 of 1 % Increase BUT, get this, COST OF REVENUE (Product cost) was UP $6.2M from the 2ndQ 2018 to the 3rdQ 2018.. 4. And Lastly, NET DEBT was UP $32 MILLION from 12-31-17 to 9-30-2018. Now that's making PROGRESS. 5. Margin for Fluids Division back DOWN to 4.6% for the Current Quarter. 6. And this does not even look at the rising common share count. Pretty amazing work all right. I know already, all fake news for the reply

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Post ID: @VCEarPB-cihs

Looks like a Terrible Earnings report. 4.6 % Margin on Fluids side. Charges and write offs all over the place. Elevated BAD Debt/receivables charges. and on and on.

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Post ID: @VCEarPB-ccmv

$10.85 to $7.91 cents in less than 3 weeks. ph gotta be choking on that CW lot that won't sell about now.

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Post ID: @VCEarPB-bqzw

Distinctly reads $8.10 cents on my computer screen. For ticker symbol-- NR.

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Post ID: @VCEarPB-bwtg

Hey don’t beleave that fake news I know and who ever is saying this has no Proof , as all ways fake news with no collision . U’ll all have said this time and time again, nothing happen door still open work is still coming in . Stop hating. KATY

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Post ID: @VCEarPB-bgqb

KATY is for sale. He/she won’t last long! Hurry!

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Post ID: @VCEarPB-begk

$8.38. No faking here folks.. Big pile of C-apola. Starting to stink on Mason Road

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Post ID: @VCEarPB-bpct

Hey all I do know is our Door’s are still open, and we continuing to get FAKE NEWS , with no collusion. KATY

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Post ID: @VCEarPB-afrb

Katy, How long has it been since NP turned a profit? Something like 3 1/2 years? Sounds like your business plan ain’t too great, is it. Come to think of it, all is see is a bunch of millennial blowhards that haven’t done squat.

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Post ID: @VCEarPB-ajog

It will be back up don’t let it worry U. We are here to stay.KATY.

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Post ID: @VCEarPB-aofg

$9.15 was fake news Now $9.02

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Post ID: @VCEarPB-9ooj

Fake news

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Post ID: @VCEarPB-6wih

$9.15

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Post ID: @VCEarPB-6ddu

Today, Dow UP 549 Points. Oil Up. HAL, SLB Up. NR down. No Fake News here.

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Post ID: @VCEarPB-3ivd

Again no collusion, Fake News What happen in September it October Fake News then and still FAKE NEWS . KATY

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Post ID: @VCEarPB-2yth

Q Max is the name on the street.

What’s the over and under %?

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Post ID: @VCEarPB-2qrb

WHO in their right, sane mind would buy this POS for more than $3 a share.?

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Post ID: @VCEarPB-2nrx

Fake news again, KATY

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Post ID: @VCEarPB-2evv

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