NPK International Inc.
Description
NPK International Inc. provides products, rentals, and services primarily to the oil and natural gas exploration and production (E&P) industry. It operates through two segments, Fluids Systems and Industrial Solutions. The Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers primarily in the North America, Europe, the Middle East, and Africa, as well as other countries in the Asia Pacific and Latin America. The Industrial Solutions segment offers composite matting system rentals utilized for temporary worksite access; related site construction and services to customers in various markets, including power transmission, E&P, pipeline, renewable energy, petrochemical, construction, and other industries primarily in the United States and Europe; recyclable composite mats to customers worldwide; and access road construction, site planning and preparation, environmental protection, erosion control, and site restoration services. The company was formerly known as Newpark Resources, Inc. and changed its name to NPK International Inc. in December 2024. The company was incorporated in 1932 and is headquartered in The Woodlands, Texas.
About
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 5, 2025 | — | — | — | — |
| Aug 4, 2025 | — | — | — | — |
| Apr 30, 2025 | — | — | — | — |
| Feb 20, 2025 | — | — | — | — |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 2 | — | 3 |
| Average estimate | — | 0.08 | — | 0.37 |
| Low estimate | — | 0.07 | — | 0.36 |
| High estimate | — | 0.08 | — | 0.37 |
| Last year EPS | — | 0.10 | — | 0.34 |
Growth estimates
Income statement
| 2023 | |
|---|---|
| Fiscal date | 2023-12-31 |
| Total reported revenue | 749.60M |
| Cost of revenue | 611.06M |
| Gross profit | 138.54M |
| Operating expense | |
| Research & development | — |
| Selling general and admin | 101.14M |
| Other operating expenses | -2.58M |
| Operating income | 39.99M |
| Non operating interest income | |
| Income | — |
| Expense | 8.18M |
| Other income expense | -6.62M |
| Pretax income | 25.18M |
| Tax provision | 10.67M |
| Net income | 14.52M |
| Basic EPS | 0.17 |
| Diluted EPS | 0.16 |
| Basic average shares | 86.40M |
| Diluted average shares | 86.40M |
| EBITDA | 71.36M |
| Net income from continuing op. | 14.52M |
| Minority interests | — |
| Preferred stock dividends | — |
Balance sheet
| 2023 | |
|---|---|
| Fiscal date | 2023-12-31 |
| Total assets | 642.34M |
| Current assets | |
| Cash | — |
| Cash equivalents | — |
| Cash and cash equivalents | 38.59M |
| Other short term investments | — |
| Accounts receivable | 159.54M |
| Other receivables | 5.93M |
| Inventory | 141.08M |
| Prepaid assets | — |
| Restricted cash | — |
| Assets held for sale | — |
| Hedging assets | — |
| Other current assets | 9.09M |
| Non current assets | |
| Properties | 190.12M |
| Land and improvements | 7.22M |
| Machinery furniture equipment | 254.35M |
| Construction in progress | 2.52M |
| Leases | — |
| Accumulated depreciation | -309.63M |
| Goodwill | 111.68M |
| Investment properties | — |
| Financial assets | — |
| Intangible assets | 17.11M |
| Investments and advances | — |
| Other non current assets | 4.70M |
| Total liabilities | 226.97M |
| Current liabilities | |
| Accounts payable | 70.09M |
| Accrued expenses | 49.28M |
| Short term debt | 16.92M |
| Deferred revenue | — |
| Tax payable | — |
| Pensions | — |
| Other current liabilities | — |
| Non current liabilities | |
| Long term debt | 75.52M |
| Provision for risks and charges | — |
| Deferred liabilities | 8.31M |
| Derivative product liabilities | — |
| Other non current liabilities | 6.86M |
| Shareholders equity | |
| Common stock | 1.12M |
| Retained earnings | 10.77M |
| Other shareholders equity | -62.84M |
| Total shareholders equity | 415.36M |
| Additional paid in capital | 639.65M |
| Treasury stock | 173.33M |
| Minority interest | — |
Cash flow statement
| 2023 | |
|---|---|
| Operating Activities | |
| Net Income | 14.52M |
| Depreciation | 31.37M |
| Deferred Taxes | -482,000 |
| Stock-Based Compensation | 6.64M |
| Other Non-Cash Items | 1.75M |
| Accounts Receivable | 64.81M |
| Accounts Payable | -25.07M |
| Other Assets & Liabilities | 2.56M |
| Operating Cash Flow | 96.10M |
| Investing Activities | |
| Capital Expenditures | 3.71M |
| Net Intangibles | — |
| Net Acquisitions | 19.83M |
| Purchase of Investments | — |
| Sale of Investments | — |
| Investing Cash Flow | 23.54M |
| Financing Activities | |
| Long-Term Debt Issuance | — |
| Long-Term Debt Payments | -277.59M |
| Other Financing Charges | -11.67M |
| Financing Cash Flow | -359.24M |
| Other Cash Details | |
| End Cash Position | 38.90M |
| Income Tax Paid | 8.94M |
| Interest Paid | 7.77M |
| Free Cash Flow | 70.77M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 2,452,795 | 17.19M | 2.84% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 2,275,822 | 15.95M | 2.63% |
| Avantis U.S. Small Cap Value ETF | Nov 30, 2024 | 2,116,439 | 14.84M | 2.45% |
| DFA U.S. Small Cap Value Series | Oct 31, 2024 | 1,348,402 | 9.45M | 1.56% |
| Meridian Small Cap Growth Fund | Sep 30, 2024 | 1,193,317 | 8.37M | 1.38% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 1,183,541 | 8.30M | 1.37% |
| Fidelity Small Cap Index Fund | Oct 31, 2024 | 840,092 | 5.89M | 0.97% |
| iShares Russell 2000 Value ETF | Nov 30, 2024 | 807,040 | 5.66M | 0.93% |
| DFA U.S. Targeted Value Portfolio | Oct 31, 2024 | 789,966 | 5.54M | 0.91% |
| Vanguard Energy Index Fund | Nov 30, 2024 | 743,820 | 5.21M | 0.86% |
