Is Newpark Resources (NR) Stock Outpacing Its Oils-Energy Peers This Year?

Group 1: Company Performance - Newpark Resources (NR) has returned 14.5% year-to-date, outperforming the average gain of 3.2% in the Oils-Energy group [4] - The Zacks Consensus Estimate for NR's full-year earnings has increased by 1.9% over the past 90 days, indicating improved analyst sentiment and earnings outlook [3] - Newpark Resources is currently ranked 2 (Buy) in the Zacks Rank system, suggesting strong potential for market performance [3] Group 2: Industry Context - Newpark Resources belongs to the Oil and Gas - Field Services industry, which has seen an average loss of 5.4% year-to-date, further highlighting NR's strong performance [5] - The Oils-Energy group consists of 247 companies and is currently ranked 12 in the Zacks Sector Rank, reflecting the overall strength of the sector [2] - Another outperforming stock in the Oils-Energy sector is Pedevco Corp. (PED), which has gained 11.8% year-to-date [4]