Newpark Resources, Inc. (NYSE:NR) Q4 2020 Earnings Conference Call February 12, 2021 10:00 AM ET Company Participants Ken Dennard - Dennard Lascar Associates, LLC Paul Howes - President and Chief Executive Officer Gregg Piontek - Senior Vice President and Chief Financial Officer David Paterson - Corporate Vice President and President of Fluids Systems Conference Call Participants George O'Leary - Tudor, Pickering, Holt & Co. Securities, LLC Daniel Burke - Johnson Rice & Company, LLC William Dezellem - Tieto ...

Newpark Resources, Inc. (NYSE:NR) Q3 2020 Earnings Conference Call November 4, 2020 10:00 AM ET Company Participants Ken Dennard - Dennard Lascar Associates Paul Howes - President, CEO & Executive Director Gregg Piontek - SVP & CFO David Paterson - Corporate VP & President, Fluids Systems Business Conference Call Participants George O'Leary - Tudor, Pickering, Holt & Co. Matthew Dhane - Tieton Capital Management Operator Greetings, and welcome to the Newpark Resources Third Quarter Earnings Conference Call. ...

FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the quarterly period ended September 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-02960 Newpark Resources, Inc. (Exact name of registrant as specified in its charter) Delaware 72-1123385 (State ...

Newpark Resources, Inc. (NYSE:NR) Q2 2020 Earnings Conference Call August 4, 2020 10:00 AM ET Company Participants Ken Dennard - Investor Relations Paul Howes - President and Chief Executive Officer Gregg Piontek - Chief Financial Officer Matthew Lanigan - President, Mats David Paterson - President, Fluids Conference Call Participants Praveen Narra - Raymond James George O???Leary - Tudor, Pickering, Holt & Company Operator Greetings and welcome to the Newpark Resources Second Quarter Earnings Conference Ca ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-02960 9320 Lakeside Boulevard, Suite 100 The Woodlands, Texas 77381 (Address of principal executive offices) (Zip Cod ...

Newpark Resources, Inc. (NYSE:NR) Q1 2020 Earnings Conference Call May 6, 2020 10:00 AM ET Company Participants Ken Dennard - Investor Relations Paul Howes ??? President and Chief Executive Officer Gregg Piontek ??? Chief Financial Officer Dave Paterson ??? President-Fluids Business Conference Call Participants Praveen Narra ??? Raymond James George O'Leary ??? Tudor Pickering Holt & Company Operator Greetings and welcome to the Newpark Resources, First Quarter Earnings Conference Call. At this time, all pa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-02960 Newpark Resources, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-02960 Newpark Resources, Inc. (Exact name of registrant as specified in its charter) 9320 Lakeside Boulevard, Suite 100 S ...

Financial Data and Key Metrics Changes - The fourth quarter 2019 revenues totaled $189 million, representing a 7% decline from the prior quarter and a 23% decline year-over-year [39] - The net loss for the fourth quarter was $0.19 per share, compared to a net loss of $0.02 in the third quarter and net income of $0.11 per diluted share in the fourth quarter of the previous year [41] - Free cash flow for the fourth quarter totaled $17 million, bringing the full-year 2019 free cash flow to $41 million [22][42] Business Line Data and Key Metrics Changes - The Fluids Systems segment generated total revenues of $135 million for the fourth quarter, reflecting a 12% sequential decrease and a 24% year-over-year decrease [25] - The Mats business saw total segment revenues improve to $55 million in the fourth quarter, representing a 9% sequential improvement driven by a $13 million increase in product sales [34] - The operating margin for the Mats segment improved sequentially to 27% for the fourth quarter, compared to 20% in the third quarter [37] Market Data and Key Metrics Changes - North American revenues declined 22% sequentially, reflecting the impact of the declining rig count and budget exhaustion by several customers [18] - International revenues improved by 12% sequentially, with the EMEA region contributing 36% of the fourth quarter fluids revenues [30] - Canadian revenues declined by 33% to $5 million, driven by budget exhaustion with several key customers [29] Company Strategy and Development Direction - The company is focused on diversifying its product offering, customer base, and geographic scope to mitigate risks associated with North American market volatility [60] - Investments are being made to expand geographical and commercial footprint, particularly in the energy infrastructure market [64] - The company aims to leverage its growing IOC and NOC customer relationships to provide greater stability and stronger financial returns [67] Management's Comments on Operating Environment and Future Outlook - Management noted that the North American land environment remains challenging, but they have demonstrated the ability to adjust course and deliver consistent free cash flow [59] - The expectation is for U.S. revenues to remain relatively consistent with fourth quarter levels, with a modest improvement in deepwater activities [47] - The company anticipates total Q1 revenues to pull back to roughly the $40 million level, with near-term margins likely pulling back into the mid-to-high teens [52][53] Other Important Information - The company has taken actions to rightsize its operational footprint and drive a more variable cost structure in response to market conditions [32] - The fourth quarter provision for income taxes was $2.6 million, despite reporting a pre-tax loss of $14 million [40] - The company plans to utilize its free cash flow generation in 2020 primarily to reduce its bank facility balance [46] Q&A Session Summary Question: On the Fluids side, have we aligned the cost structure to today's activity level enough? - Management indicated that it will take a few quarters for the cost structure adjustments to fully reflect the activity levels, with steady month-over-month cost improvements expected [80][86] Question: Can you talk about the breadth of your non-E&P Mats customer base? - Management reported an increase in the number of customers purchasing Mats, with over two dozen customers in Q4, indicating growing product awareness and adoption [87] Question: What are you hearing from your customers about the 2020 activity plans? - Management noted that customers are focused on capital discipline and free cash flow, with cautious optimism for a ramp-up in activity in the second and third quarters [108]

Newpark Resources, Inc. (NYSE:NR) Q3 2019 Earnings Conference Call October 31, 2019 10:00 AM ET Company Participants Ken Dennard - CEO & Managing Partner, Dennard Lascar Associates, LLC, IR Paul Howes - President and CEO David Paterson - Corporate VP and President of Fluids Systems Business Gregg Piontek - CFO Conference Call Participants Praveen Narra - Raymond James William Dezellem - Tieton Capital Management Operator Greetings, and welcome to the Newpark Resources Third Quarter Earnings Conference Call. ...