Thread regarding Newpark Resources Inc. layoffs

How does it feel

How does it feel to go to work at NP knowing that your company is losing $150k EVERY DAY? Or knowing that Corporate expense still is costing $7m quarterly? Or knowing that your NA prez is encouraging BU's to prop up revenues no matter what the loss? Or knowing PV can't make a competent decision? Or knowing Brazil has been a constant loser for 8+ years? Or knowing NP is spending Tens of millions for a offshore segment that is at least 5 years away-if ever? Or knowing the arrogance of Corporate is why NP has 2 separate huge offices in Houston less than 30 miles apart? And last but not least, knowing that YOUR future is literally in Dumb and Dumbers hands? Must be a proud moment to represent NP, enjoy your jobs😀

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| 5701 views | | 59 replies (last September 17, 2016) | Reply
Post ID: @OP+IBoeS0M

59 replies (most recent on top)

Hello Amigo been a little quiet here lately ,what up what it looks like on your in .Joe Blow

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Post ID: @Pnrz+IBoeS0M

KATY ~ Amigo hate to bust your bubble but there is a whole lot of difference between $2m and $2b. Probably beyond your comprehension in Katy seeing that you show your illiteracy and stupidity quite often. Good luck comprehending $2b much less stating it.

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Post ID: @Lbof+IBoeS0M

They made the money when the money was good, we all know that so that's why the doors are still open got rid of hight cost personal so that we can afford to take some lost . We will be back at a 2 million $ Co. LOL KATY

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Post ID: @Lgdp+IBoeS0M

Hey Katy ---They must have made a Powerful Earth Shattering Presentation at the Barclays Energy conference on the 8th of this month (Sept) . Stock down from $7.16 before presentation to present quote of $6.64 today.

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Post ID: @Lesy+IBoeS0M

Yet doors still open something going right, we going to make . Katy

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Post ID: @Lbuo+IBoeS0M

As I look back at the list of movers and shakers that are no longer at NP ~ mainly due to PV's actions: Dearing, Daniels, Valenti, Sparks, Huddle, Warren, Henderson, Huff, Narrell, McGough, Frantz, Kuziak, Turner, Roberts and others I have forgotten. Folks these people were heavy hitters and made NP a billion dollar company. Now they are all gone....but not forgotten. PV has effectively destroyed what others previously built. NP still losing $$$$

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Post ID: @Lbfl+IBoeS0M

Remember that word IF, in other word U sure U know what that word mean other wise u shouldn't use it . We will see, KATY LOL

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Post ID: @Kbeh+IBoeS0M

Katy -- 84.5 Million shares outstanding Analysts (6) saying loss Expected of ( .11 cents ) per share. If 9.3M loss then you are out of the money.

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Post ID: @Kvgp+IBoeS0M

U got one. BET KATY

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Post ID: @Fyek+IBoeS0M

Doesn't matter how many rigs NP has as they are giving it away. NO MARGINS. I still say NP loses $9m in Q3. Any takers???

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Post ID: @Erhp+IBoeS0M

It is some good sh-- , I miss spell my words for a reason LOL also I am still getting a pay check and doors are still open. Stop hating and watch we have pick up rigs in west Texas At least that what I was told. Katy

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Post ID: @Edtg+IBoeS0M

Whatever he is smoking is got to be better than crack to say that NDF has 90 rigs in West Tex. This guy Katy can barely put two sentences together and he surely can't spell. Got to be just another one of the resident idiots at Mason road. I am still amazed by the BOD. IMO -The Chairmen is essentially an ex headhunter by trade who knows ZERO or less about the oilfield. All he wonders about is where his next deer hunt will take place. Gary Warren has been around forever and is X-Weatherford which is in a close race with NR for the worst managed OFService Co in town. And i suppose Finley has just decided to sit back and ride it out like the rest. Pretty amazing. I'm told that of the dozen or so Key players at NDF over the last 3 -5 years Only One is left.

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Post ID: @Ehyp+IBoeS0M

You must be smoking crack.

There are 190+/- total rigs running in Permian

NP does not have 45% of market share.

Permian has their own issues with Charlie Branch out of commission.

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Post ID: @Dibm+IBoeS0M

We have to wait and see , don't think so got 90 rigs going in west Texas things picking up we going to make it . Katy

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Post ID: @Dxwp+IBoeS0M

With BS reaching the end of the road and the North American market being the Sugar Daddy, PH and his cronies are setting up to sell NP. They will walk away with tens of millions, board gets richer with $$$ from stock options. Rich get richer. Wait and see

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Post ID: @Dbfa+IBoeS0M

Believe it or not that's next

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Post ID: @Bedz+IBoeS0M

PH is really worse than PV and he is ultimately in charge. Tell me ONE bit of Oilfield experience PH had before joining NP--Wholesale chemicals in St Louis ( how much further can you get from the Oilfield) and an inkjet printer cartridge company. ( and as i remember both of them went bust) It is almost borderline insane and don't get me wrong, PV is a walking disaster. And don't forget the cfo- what a joke. Unbelievable Bring back LeeAnn -- I'm just kidding. Think of this Money wise - where would NR be if they had not sold NESI for $100M over 2 years ago? Problem is NOW-- nothing left to sell unless you sell mats div

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Post ID: @Bdyz+IBoeS0M

Well they did it to them self ,spending money like it's no tomorrow , to proud to back down off the over head hell what the fu????? we need this much space for , to proud to step back but that's the way NP run things I was told that we are going to be around no matter what. Katy

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Post ID: @Aipi+IBoeS0M

Really sad to see the direction of NP since PV took over. He has completely destroyed and decimated what was once a dynasty. His arrogance and ego driven approach to laying off anyone he views as a threat will be his downfall along with the choices he has made to lead the company forward. NP will NEVER recover the dominance it previously attained in the US market. I am surprised Paulie has let things go this far but he was the one who signed off on PV. Permian is in a world of hurt, they are sure going to miss Henderson. Rockies, Oklahoma and NEast all s---ing wind, offshore dead in the water, what does that tell you? NP in a world of hurt. $160 million due a year from now. Tick, tick, tick. Game over

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Post ID: @Akaa+IBoeS0M

Bean counter, big brass balls and old Permian mud man what do do have too say?

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Post ID: @Aoog+IBoeS0M

King Phil ran off Harry

Now problems in Permian

What's up??

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Post ID: @Adee+IBoeS0M

Harry has gone by by.

What's going on in Permian?

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Post ID: @zndv+IBoeS0M

Hey KATY, you still saying HD at Newpark? I say he already gone bye bye. Good source told me he was tired of PV's crap and watching it run into the ground. BBB

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Post ID: @zgsw+IBoeS0M

LOL yea but the doors are still open and gets a check

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Post ID: @zmco+IBoeS0M

NP must not have given Joe Blow a spelling test in his interview.

MADSON RD KATY

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Post ID: @yaoi+IBoeS0M

Don't know u tell me,Joe Blow

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Post ID: @xsrs+IBoeS0M

OK what u all think about NP Madson RD boy they still hanging in there for how long I wounder, Dumb says that they are here to stay what's u all thinking Joe Blow

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Post ID: @wyix+IBoeS0M

OK hope U keep your eyes open , Things looking up around here pick up more rigs everyone one is happy go lucky what can I say I was told that Q3 we will be on the up side, I know U see different . I do know the doors are still open that's a good things. Mason RD KATY

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Post ID: @tlri+IBoeS0M

Believe what you want, facts speak for themselves. BBB

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Post ID: @tmxo+IBoeS0M

I was told that's just romer don't beleave every thing U here HD have NP back for now will Do KATY

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Post ID: @sjdl+IBoeS0M

Doing well huh? Guess that's why HD is leaving NP. Speaks volumes about the morale around there. Still on track for $9m Q3 losses. Wait and see

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Post ID: @snpk+IBoeS0M

No that's just a lot of talk,we doing well and getting more rigs . Stop hateing. JOE BlOW

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Post ID: @syrg+IBoeS0M

Think So, Katy

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Post ID: @qvbj+IBoeS0M

Ship still has a hole in it. Three Stooges still losing $$$ like their is no tomorrow. Bad times ahead......

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Post ID: @qgwb+IBoeS0M

Wow Rig are roaring ten more was add it looking good for NP what say Katy

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Post ID: @psag+IBoeS0M

48.21 oil. Katy

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Post ID: @lfrm+IBoeS0M

I don't know where U getting your info from, Things are looking pretty good here oil is up rigs are up soooo what more can we ask for keep your eyes open and watch NP pull thew this . NP Katy

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Post ID: @llhp+IBoeS0M

Blah blah blah. Still losing $$$. Tick tick tick

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Post ID: @lgqb+IBoeS0M

Oil is up looking good on Mason Rd Joe Blow

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Post ID: @jjxg+IBoeS0M

He will ,all we have to do is believe oil 43and going up Katy

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Post ID: @iril+IBoeS0M

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