Financial Data and Key Metrics Changes - Consolidated revenues improved 1% sequentially to $142 million, with a 28% increase in international Fluid Systems and a 15% improvement in Industrial Solutions rental and service revenues [6][9][15] - Second quarter EBITDA generation was $7 million [6] - Net loss in the second quarter was $0.07 per share, compared to a net loss of $0.06 per share in the first quarter and a net loss of $0.29 per share in the second quarter of the previous year [20] Business Line Data and Key Metrics Changes - Industrial Solutions segment revenues declined 15% sequentially to $45 million, with rental and service revenues improving 15% sequentially to $33 million [7][13] - Fluids Systems segment revenues improved 11% sequentially to $97 million, with U.S. land revenues increasing 24% sequentially [9][15] - International revenues in the Fluids segment improved 28% sequentially to $35 million, benefiting from project start-ups [9][15] Market Data and Key Metrics Changes - U.S. land revenues increased by $21 million or 74% year-over-year, significantly outpacing the 16% increase in market rig count [17] - International revenues improved $6 million or 22% year-over-year, benefiting from new project startups and recovery in several European markets [17] Company Strategy and Development Direction - The company is focused on expanding and diversifying the Industrial Solutions business, particularly in the power transmission market, which contributed 35% of first half revenues [30][32] - The company aims to reshape its cost structure to generate profitable growth and provide an acceptable return on capital [11][29] - The company is optimistic about the long-term market fundamentals in key industries, despite ongoing challenges such as cost inflation and COVID variants [29][30] Management's Comments on Operating Environment and Future Outlook - Management expressed encouragement regarding the improving longer-term fundamentals in both business segments, while acknowledging significant inflationary pressures on raw materials and transportation [23][29] - The company expects Q3 revenues for the Industrial Solutions segment to pull back modestly to roughly $40 million, with operating margins declining into the low to mid-teens [25] - In Fluids Systems, international markets are expected to recover through the second half of 2021, with revenues anticipated to grow by a low-teens percentage in Q3 [26] Other Important Information - SG&A costs were $23 million in the second quarter, reflecting a $2 million increase from both the prior quarter and the second quarter of last year [18] - The company ended the second quarter with a total debt balance of $78 million and a cash balance of $35 million, resulting in a modest 14% debt-to-capital ratio [22] Q&A Session Summary Question: Can you help me better understand the unfavorable sales mix in the U.S. market? - Management noted an unusually high amount of liquid oil-based mud in the product mix, which is expected to normalize in Q3, negatively impacting margins [36] Question: Is breakeven EBITDA possible in Fluids in Q3? - Management indicated that top line growth should be enough to achieve EBITDA positive in Q3, with a return to positive income expected in Q4 [40] Question: Where is cost inflation most acute? - Management highlighted that raw material price increases and transportation costs are significant challenges, with proactive discussions ongoing to pass costs onto customers [41][43] Question: Looking to 2022, is there reason to expect continued growth in the utility sector? - Management expressed confidence in structural growth in the utility sector, driven by energy transition trends [46] Question: What was the CapEx designated for in Q1, and what is the outlook for future CapEx? - Management clarified that Q1 CapEx was heavily concentrated in the mat business to meet demand, but expects limited CapEx in the near term [49] Question: Can you provide an update on completion and stimulation fluid penetration efforts? - Management reported solid progress in stimulation fluids, with successful trials and expanding customer footprints in various regions [50][52]

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, 2021 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 or ot ...

Newpark Resources, Inc. (NYSE:NR) Q1 2021 Results Conference Call May 5, 2021 10:00 AM ET Company Participants Ken Dennard - IR Paul Howes - President and CEO Gregg Piontek - CFO David Paterson - President, Fluids Matthew Lanigan - President, Industrial Solutions Conference Call Participants Daniel Burke - Johnson Rice & Company Marshall Adkins - Raymond James Operator Greetings, and welcome to the Newpark Resources??? First Quarter Earnings Conference Call. [Operator Instructions] As a reminder, this confe ...

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, 2021 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 or o ...

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, 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. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact name of registrant as specified in its charter) Delaware 72-1123385 9320 Lakeside Bo ...

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 ...