Trend Following Stocks – Newpark Resources, Inc NR
Newpark Resources, Inc. and its subsidiaries provide fluids management, waste disposal, and well site preparation products and services primarily to the oil and gas exploration and production industry. The company operates in three segments: Fluids Systems and Engineering, Mats and Integrated Services, and Environmental Services. The Fluids Systems and Engineering segment offers drilling fluids products and technical services to drilling projects involving subsurface conditions, such as horizontal, directional, geologically deep, or deep water drilling. This segment also provides completion fluids and equipment rental services. The Mats and Integrated Services segment offers mat rentals, location construction, and related well site services to exploration and production customers in the onshore U.S. Gulf Coast, western Colorado, and northeast U.S. regions; and mat rentals to the utility industry in the United Kingdom. It also installs access roads and temporary work sites for pipeline, electrical utility, and highway construction projects. This segment manufactures and sells DuraBase composite mat systems for domestic and international markets, as well as for use in its domestic rental operations. The Environmental Services segment processes and disposes waste generated by oil and gas customers, and provides onshore drilling waste management and reclamation services. The company provides its products and services primarily in the United States Gulf Coast, west Texas, east Texas, Oklahoma, North Louisiana, Rocky Mountains, and northeast region of the United States, as well as Canada, Brazil, the United Kingdom, Mexico, and North Africa. Newpark Resources, Inc. was founded in 1932 and is headquartered in The Woodlands, Texas.
NR Currently has a BUY Signal
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