| Business Summary | | Newpark
Resources,
Inc.
is
a
provider
of
drilling
fluids,
site
access
and
environmental
services
to
the
oil
and
gas
exploration
and
production
industry.
The
Company
operates
primarily
in
the
United
States
Gulf
Coast
market.
The
Company
also
operates
in
west
Texas,
the
United
States
Mid-continent
and
Rockies
and
Canada.
The
Company
offers
its
drilling
fluids,
fluids
processing
and
management
and
waste
disposal
services
in
an
integrated
package
it
calls
"Performance
Services".
This
allows
its
customers
to
consolidate
their
outsourced
services
and
reduce
the
number
of
vendors
used.
In
its
drilling
fluids
business,
the
Company
offers
solutions
to
highly
technical
drilling
projects
involving
complex
conditions.
In
its
mat
and
integrated
services
business,
the
Company
uses
patented
interlocking
wooden
and
composite
mat
systems
to
provide
temporary
access
roads
and
worksites
in
unstable
soil
conditions. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Newpark
Resources,
Inc.
provides
integrated
environmental
and
oil
and
gas
field
services
in
the
Gulf
Coast
area,
principally
in
Louisiana
and
Texas.
For
the
six
months
ended
6/30/01,
revenues
rose
77%
to
$207.7
million.
Net
income
applicable
to
Common
totaled
$16.2
million
vs.
a
loss
of
$1.7
million.
Revenues
reflect
increased
drilling
activity
and
changes
in
the
mix
of
waste
streams
received.
Net
income
reflects
increased
penetration
into
offshore
Gulf
of
Mexico. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| James Cole, 59 Chairman,
CEO | $286K | William Ballantine, 55 Pres,
COO, Director | 226K | Matthew Hardey, 47 VP-Fin.
and CFO | 165K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|