Newpark Resources traded at $14.43 this Thursday July 9th, increasing $0.18 or 1.26 percent since the previous trading session. Looking back, over the last four weeks, Newpark Resources gained 1.16 percent. Over the last 12 months, its price rose by 67.40 percent. Looking ahead, we forecast Newpark Resources to be priced at 14.01 by the end of this quarter and at 13.15 in one year, according to Trading Economics global macro models projections and analysts expectations.
Newpark Resources, Inc. is a geographically diversified supplier providing products, as well as rentals and services to customers across multiple industries. Its segments include Fluids Systems and Industrial Solutions. The Fluids Systems segment primarily provides customized drilling, completion, and stimulation fluids solutions to oil and natural gas exploration and production (E&P) customers primarily in North America and Europe, the Middle East and Africa (EMEA), as well as certain countries in the Asia Pacific and Latin America. The Industrial Solutions segment includes Site and Access Solutions business, along with Industrial Blending operations. Its Site and Access Solutions provides composite matting system rentals utilized for temporary worksite access, along with related site construction and services to customers in various markets including power transmission, E&P, pipeline, renewable energy, petrochemical, construction and other industries in the United States and Europe.