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Newpark Resources

Newpark Resources, Inc. is a worldwide provider of value-added drilling fluids systems and composite matting systems used in oilfield and other commercial markets. Industry partners include American Petroleum Institute, Independent Petroleum Association of America - IPAA, US Chamber of Commerce et al.[2] The company was founded in 1932 and is based in The Woodlands, Texas.[3] In 2013, the company was awarded as one of the Top Customer Satisfaction companies in the Annual EnergyPoint Research Global Oil & Gas Industry Survey.[4] The enterprise value of the company (As of February 2013) is $1.14 billion.[1]

Newpark Resources Inc.
Company typePublic
NYSE: NR
Founded1932
HeadquartersWoodlands, Texas,
Area served
Worldwide
Revenue$1.12 Billion (As of 2013)[1]
Number of employees
2,248
Websitewww.newpark.com

Operations edit

The company operates its business through three segments globally, mainly in regions including North America, Europe, Middle East and Africa. In detail, Mats and Integrated Service Segment provides services for United States, and Environmental Service Segment, which was sold for $100 million to Ecoserv LLC in 2014,[5] serves United States Gulf Coast.[6]

On December 31, 2012, the company acquired operations of Alliance Drilling Fluids, LLC.[7] In June 2013, the wholly owned subsidiary of the company, Newpark Drilling Fluids, has expanded in Katy. It opened a 106,000-square-foot office and lab space with a volume capacity of over 140 employees.[8]

References edit

Notes
  1. ^ a b "NR Key Statistics | Newpark, Inc Stock - Yahoo! Finance". Finance.yahoo.com. Retrieved 2014-02-22.
  2. ^ . Newpark Resources. Archived from the original on 2014-03-01. Retrieved 2014-02-23.
  3. ^ "Newpark Resources Inc. Yahoo Finance". finance.yahoo.com. Retrieved 2014-02-22.
  4. ^ "Several Suppliers Repeat Top Customer Satisfaction Scores in Annual EnergyPoint Research Global Oil & Gas Industry Survey". Prweb.com. 2014-02-13. Retrieved 2014-02-22.
  5. ^ Olivia Pulsinelli (2014-02-11). "Newpark Resources to sell business unit for $100M". bizjournals.com. Retrieved 2014-02-22.
  6. ^ . Reuters.com. Archived from the original on 2014-02-26. Retrieved 2014-02-22.
  7. ^ "Newpark Resources Inc. Google Finance". Retrieved 2014-02-22.
  8. ^ "Newpark Resources to sell business unit for $100M". Bizjournals.com. 2014-02-11. Retrieved 2014-02-22.

External links edit

  • Official website

newpark, resources, worldwide, provider, value, added, drilling, fluids, systems, composite, matting, systems, used, oilfield, other, commercial, markets, industry, partners, include, american, petroleum, institute, independent, petroleum, association, america. Newpark Resources Inc is a worldwide provider of value added drilling fluids systems and composite matting systems used in oilfield and other commercial markets Industry partners include American Petroleum Institute Independent Petroleum Association of America IPAA US Chamber of Commerce et al 2 The company was founded in 1932 and is based in The Woodlands Texas 3 In 2013 the company was awarded as one of the Top Customer Satisfaction companies in the Annual EnergyPoint Research Global Oil amp Gas Industry Survey 4 The enterprise value of the company As of February 2013 update is 1 14 billion 1 Newpark Resources Inc Company typePublicTraded asNYSE NRFounded1932HeadquartersWoodlands Texas United StatesArea servedWorldwideRevenue 1 12 Billion As of 2013 update 1 Number of employees2 248Websitewww wbr newpark wbr comOperations editThe company operates its business through three segments globally mainly in regions including North America Europe Middle East and Africa In detail Mats and Integrated Service Segment provides services for United States and Environmental Service Segment which was sold for 100 million to Ecoserv LLC in 2014 5 serves United States Gulf Coast 6 On December 31 2012 the company acquired operations of Alliance Drilling Fluids LLC 7 In June 2013 the wholly owned subsidiary of the company Newpark Drilling Fluids has expanded in Katy It opened a 106 000 square foot office and lab space with a volume capacity of over 140 employees 8 References editNotes a b NR Key Statistics Newpark Inc Stock Yahoo Finance Finance yahoo com Retrieved 2014 02 22 Industry Partners Newpark Resources Archived from the original on 2014 03 01 Retrieved 2014 02 23 Newpark Resources Inc Yahoo Finance finance yahoo com Retrieved 2014 02 22 Several Suppliers Repeat Top Customer Satisfaction Scores in Annual EnergyPoint Research Global Oil amp Gas Industry Survey Prweb com 2014 02 13 Retrieved 2014 02 22 Olivia Pulsinelli 2014 02 11 Newpark Resources to sell business unit for 100M bizjournals com Retrieved 2014 02 22 Newpark Resources Inc NR N Quote Reuters com Reuters com Archived from the original on 2014 02 26 Retrieved 2014 02 22 Newpark Resources Inc Google Finance Retrieved 2014 02 22 Newpark Resources to sell business unit for 100M Bizjournals com 2014 02 11 Retrieved 2014 02 22 External links editOfficial website Retrieved from https en wikipedia org w index php title Newpark Resources amp oldid 1175535753, wikipedia, wiki, book, books, library,

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