Thread regarding Newpark Resources Inc. layoffs

IF HOWES ALLOWS THIS TO CONTINUE

In NA fluids, he is either dumb or desperate. After looking at the list of John Boys cut list some explaining is in order. His A-- needs to be called on the carpet.

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| 3118 views | | 33 replies (last October 28, 2016) | Reply
Post ID: @OP+Jz367CX

33 replies (most recent on top)

LOL you where right, Not good for the home team things are very if e around here I wounder what's they next move . I was told that revenue has pick up and we were hiring EN around here . Again all Ican say is Doors still open so far, it a wait and see game now KATY

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Post ID: @wqlq+Jz367CX

$9m loss in fluids, $13.5m loss overall for NR. Talk to me Katy/Joe blow/John boy.

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Post ID: @vedn+Jz367CX

I guess it haven't came to the top yet , are to shame to say anything Joe

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Post ID: @vjpy+Jz367CX

Anyone know or heard, what the Q3 looks like. JOE BLOW

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Post ID: @tsvz+Jz367CX

Ole What the hell U talking about. I read this new paper every morning and looks like to me u are getting a little excited. Now slow your roll and just wait for the Q3to be posted , OK STOP THE NAME CALLING. After all NPR doors are still open.

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Post ID: @pxuw+Jz367CX

Anonymous - you are just plain stupid or dumb. Why? Your knowledge and public disclosure of q3 numbers and purchase of other companies is an SEC violation regarding insider information. Also ethics violation if NR policy which will result in a tip to Whistleblower. Your stupidity speaks volumes.

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Post ID: @olth+Jz367CX

We'll after reading what U wrote up I began to wonder if these number are right or wrong . This is turning out to be a wait and see game ,Don't know if I should catch the ship out of here or wait on the next one in 2017, I was told that our Q3 wouldn't be almost 9m may be about 3or4m at the most and the we are in good shape to hang in for the long haul, But I know the truth never will be told so with that said ,Let's just see what the Q3 looks like and that will tell the story. I was told that NR has brought out some small COMPANIES. Now U saying different, I don't know also where U getting your information from but that's not being told around here it total different we will see who's right 😎😎😎

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Post ID: @nwkm+Jz367CX

You think So ????? Joe Blow

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Post ID: @ngev+Jz367CX

Mason Road most likely sold before Summer 2017. EV of $40m. Excluding income tax rebates, NR cash will be substantially less than $80m. Losses >$9m for Q3

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Post ID: @mmpv+Jz367CX

Look like U have it all figured out so what U think we are headed be real about it, I am talking about NR Mason RD KATY. Again I'm am being told different. Joe Blow

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Post ID: @mddz+Jz367CX

Let's look at it this way. In 3-2014, Newpark sold off NESI division for $100M cash and $70M cash to them after taxes. In 9-30-15, NR has $114M cash but in 6-30-2016 they had only $93M cash. Total assets in 9-30-2015 was $913M but only $790M in 6-30-2016. Stockholder Equity on 9-30-2015 was $603M but only $498M on 6-30-2016. Prediction of cash on 9-30-2016 will be less than $90M. Guess probably $80-88M. Will know the amount in less than 10 days. Problem is NOTHING Left to sell (that anyone wants) this time with NESI gone and Income and Cash dropping. Where would NR be today cash wise without that $70M straight to the bottom line in 2014 ???. Don't forget $155-160M of Long Term Debt comes due in less than a year.

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Post ID: @mojp+Jz367CX

Will see sooner or later, I still say we will come out of this just fine. Katy

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Post ID: @mapp+Jz367CX

Oh john boy---- Don't know where you get your numbers from but my screen shows $50.32- 50.34 for November and $50.76 for December crude in US. Even $52 is not going to get it. You better hope there is Not Another 3-4 M bbl fill lying in wait from the EIA on Wednesday. A week from this Thursday NR is predicted by Analysts following NR to report an apprx $9M loss. That will be SIX straight Quarters of Losses ( for USL graduates that is One and a half years) with another $6-7M predicted for the present Quarter started in October. But I will be willing to bet there will be No layoffs in the The Woodlands. Just happened to maybe put it all together, however. What do John Stumpf (formerly of Wells Fargo-emphasis on Formerly) and ph have in common ? Could it be just be 2 more pretty boys who know nothing about their respective business and what is going on right under their nose ? Here is an easy trick question. How many days of oil company/ oil field service experience did he have before joining NR? Gives one time to reflect. 10-28 Conference call should be interesting. I'm sure many of the same worn out excuses. BTW how are all those rumored buyouts going? Maybe the enlightening will happen on the 27-28th when the skies part.

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Post ID: @mbko+Jz367CX

Wow, So U are watching hey rigs are on the rise also looking good for NP right. John Boy

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Post ID: @ldpy+Jz367CX

John Boy WTI at $50.12 Sorry to inform you dumb--s

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Post ID: @lltf+Jz367CX

No response right got U .

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Post ID: @jpxh+Jz367CX

52.00 looking up .John Boy

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Post ID: @ibzi+Jz367CX

Hello yes we will lose some with Q3, I don't believe we will lose that much NP had some review. So I wouldn't bet on 9m but NP will have a lost but we will keep the doors open.JOE BLOW

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Post ID: @hdqt+Jz367CX

I still say >$9m loss for Q3. Dumb and Dumber ain't cutting it despite KATY, JOHN BOY and JOE BLOWS best excuses.

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Post ID: @hehp+Jz367CX

Why U say that, it's NP has said its not going to be that bad,nothing we can't shake off we will pull out of it Q3 yes we will lose some but we will bounce back Katy

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Post ID: @fhxz+Jz367CX

Hey Blow and Katy . You kids having fun Yet? You got some REAL rocket scientists for Leaders. The whole deal is turning into nothing but a BAD joke. As if it wasn't a Joke already. What happened to all those WILD rumors 10 days or so ago about NR making some buyouts of other drilling fluid/completion fluid companies? No SEC filings on any of that as of today. I guess it will be so IMMATERIAL that they don't have to do a SEC filing will be the next storyline. Just more fantasy NR BS when the dust settles. Suggest both of you start updating your resumes.

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Post ID: @fpec+Jz367CX

Man it's not going to be good, look for another cut in pay ???? Katy

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Post ID: @fqpu+Jz367CX

Joe~Pull out what, pull their head out of their A--? That would be a not no but hell no. Wait til q3 hits the street, cash on hand will be substantially less. Watch it

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Post ID: @fzmc+Jz367CX

I think NP is going to pull out of this , What U Think .Joe

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Post ID: @entf+Jz367CX

Hey Oil at 50.00 YEA NP watch we grow . Katy.....

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Post ID: @avrp+Jz367CX

Katy/Joe blow/John boy, go ahead and show your illiteracy and stupidity as well as lack of financial wherewithal. Q3 financials will show continued losses and negative margins by inept NP leadership. Continued deep spending on Fourchon will be NP's downfall. Clock ticking on upcoming debt payment. What is your excuse for Newpark's poor market share in Permian? Tick tick tick

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Post ID: @9drt+Jz367CX

WOW don't have nothing too say right JOE BLOW ....... KATY

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Post ID: @8zfh+Jz367CX

Oil going up yea for NP Katy . JOE BLOW

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Post ID: @7jex+Jz367CX

I don't know but I can tell U that NP just brought two CO. if U didn't know that just letting you know just in case U didn't know , So something must be going in the right direction, they might bring you and some other back what u think, Hey the doors are still open. Oil is also up hang in there . John Boy ?????.

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Post ID: @4jrn+Jz367CX

John boy~ let me know how great everything is at Mason road when 3Q numbers are announced. >9m loss expected.

Expected 2017 rig count of 597. Won't support NP overhead, don't forget $170m note payment due Sept 2017.

Plus a whole lot of non-competes expiring-not good for da park

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Post ID: @3zgs+Jz367CX

Well OPECT made deal oil on its way back ,let's go NP . John boy

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Post ID: @3hxh+Jz367CX

Hello things are changing around here, Hope for the best . KATY

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Post ID: @2ple+Jz367CX

Where are U going with this , U lost us. U see something that we missing Katy

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Post ID: @mma+Jz367CX

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