Newpark Resources Files 8-K on Financials
Ticker: NPKI · Form: 8-K · Filed: Aug 5, 2024 · CIK: 71829
| Field | Detail |
|---|---|
| Company | Newpark Resources Inc (NPKI) |
| Form Type | 8-K |
| Filed Date | Aug 5, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-condition, results-of-operations, filing
Related Tickers: NRK
TL;DR
NRK filed an 8-K on Aug 5th detailing financial results.
AI Summary
On August 5, 2024, Newpark Resources, Inc. filed a Form 8-K to report on its results of operations and financial condition. The filing includes financial statements and exhibits related to the company's performance. Newpark Resources, Inc. is incorporated in Delaware and its principal executive offices are located in The Woodlands, Texas.
Why It Matters
This filing provides investors with crucial updates on Newpark Resources' financial health and operational performance, impacting investment decisions.
Risk Assessment
Risk Level: low — This is a routine financial filing and does not indicate any immediate or significant risks.
Key Players & Entities
- NEWPARK RESOURCES INC (company) — Registrant
- August 5, 2024 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- The Woodlands, Texas (location) — Principal Executive Offices
- 77381 (zip_code) — Business Address Zip Code
- 281-362-6800 (phone_number) — Business Phone
FAQ
What is the primary purpose of this Form 8-K filing?
The primary purpose of this Form 8-K filing is to report on the Results of Operations and Financial Condition of Newpark Resources, Inc., and to include Financial Statements and Exhibits.
When was this Form 8-K filed?
This Form 8-K was filed on August 5, 2024.
In which state is Newpark Resources, Inc. incorporated?
Newpark Resources, Inc. is incorporated in Delaware.
What is the address of Newpark Resources, Inc.'s principal executive offices?
The principal executive offices of Newpark Resources, Inc. are located at 9320 Lakeside Boulevard, Suite 100, The Woodlands, Texas 77381.
What is the business phone number for Newpark Resources, Inc.?
The business phone number for Newpark Resources, Inc. is (281) 362-6800.
Filing Stats: 726 words · 3 min read · ~2 pages · Grade level 11.2 · Accepted 2024-08-05 16:29:19
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value NR New York Stock Exchange
Filing Documents
- nr-20240805.htm (8-K) — 31KB
- a2024q28k-erex991.htm (EX-99.1) — 441KB
- newparklogo2023a.jpg (GRAPHIC) — 53KB
- nr-20240805_g1.jpg (GRAPHIC) — 53KB
- 0000071829-24-000090.txt ( ) — 804KB
- nr-20240805.xsd (EX-101.SCH) — 2KB
- nr-20240805_lab.xml (EX-101.LAB) — 22KB
- nr-20240805_pre.xml (EX-101.PRE) — 13KB
- nr-20240805_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On August 5, 2024, Newpark Resources, Inc. (the "Company") issued a press release announcing financial information for the three and six months ended June 30, 2024. The press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference. The information in Item 2.02 of this Current Report on Form 8-K and the information in the exhibit attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act except as expressly set forth by specific reference in such filing. Use of Non-GAAP Financial Information To help understand the Company's financial performance, the Company has supplemented its financial results that it provides in accordance with generally accepted accounting principles ("GAAP") with non-GAAP financial measures. Such financial measures include Adjusted Net Income (Loss), Adjusted Net Income (Loss) Per Common Share, earnings before interest, taxes, depreciation and amortization ("EBITDA"), Adjusted EBITDA, Free Cash Flow, Adjusted EBITDA Margin, Net Debt, and Net Leverage. We believe these non-GAAP financial measures are frequently used by investors, securities analysts and other parties in the evaluation of our performance and liquidity with that of other companies in our industry. Management uses these measures to evaluate our operating performance, liquidity and capital structure. In addition, our incentive compensation plan measures performance based on our consolidated EBITDA, along with other factors. The methods we use to produce these non-GAAP financial measures may differ from methods used by other companies. These measures should be considered in addition to, not as a substi
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press release issued by Newpark Resources, Inc. on August 5 , 202 4 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NEWPARK RESOURCES, INC. (Registrant) Date: August 5, 2024 By: /s/ Gregg S. Piontek Gregg S. Piontek Senior Vice President and Chief Financial Officer (Principal Financial Officer)