Gregg Piontek - Newpark Resources President

NR Stock  USD 7.33  0.03  0.41%   

President

Mr. Gregg S. Piontek is Chief Financial Officer, Senior Vice President of the Company. He was appointed as our Chief Financial Officer in October 2011 and given the title of Senior Vice President in February 2018. Before joining us, Mr. Piontek served in various financial roles for Stewart Stevenson Services, Inc. and Stewart Stevenson, LLC from June 2001 through March 2007, including Divisional Controller, Assistant Corporationrationrate Controller, and as Vice President and Chief Accounting Officer. Prior to that, Mr. Piontek served in various financial roles at General Electric, CNH Global N.V. and Deloitte Touche LLP. Mr. Piontek is a Certified Public Accountant. since 2018.
Age 53
Tenure 6 years
Address 9320 Lakeside Boulevard, The Woodlands, TX, United States, 77381
Phone281 362 6800
Webhttps://www.newpark.com
Piontek is a Certified Public Accountant and received a MBA from Marquette University and a BS degree in Accounting from Arizona State University.

Gregg Piontek Latest Insider Activity

Tracking and analyzing the buying and selling activities of Gregg Piontek against Newpark Resources stock is an integral part of due diligence when investing in Newpark Resources. Gregg Piontek insider activity provides valuable insight into whether Newpark Resources is net buyers or sellers over its current business cycle. Note, Newpark Resources insiders must abide by specific rules, including filing SEC forms every time they buy or sell Newpark Resources'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Newpark Resources Management Efficiency

The company has Return on Asset (ROA) of 0.0342 % which means that for every $100 of assets, it generated a profit of $0.0342. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.0346 %, which means that it produced $0.0346 on every 100 dollars invested by current stockholders. Newpark Resources' management efficiency ratios could be used to measure how well Newpark Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/24/2024, Return On Capital Employed is likely to grow to 0.07, while Return On Tangible Assets are likely to drop 0.02. At this time, Newpark Resources' Non Current Assets Total are relatively stable compared to the past year. As of 04/24/2024, Intangible Assets is likely to grow to about 33.6 M, though Non Currrent Assets Other are likely to grow to (261.9 M).
The company reports 92.44 M of total liabilities with total debt to equity ratio (D/E) of 0.37, which is normal for its line of buisiness. Newpark Resources has a current ratio of 2.64, indicating that it is in good position to pay out its debt commitments in time. Debt can assist Newpark Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Newpark Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Newpark Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Newpark to invest in growth at high rates of return. When we think about Newpark Resources' use of debt, we should always consider it together with cash and equity.

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Newpark Resources, Inc. provides products, rentals, and services primarily to the oil and natural gas exploration and production industry. Newpark Resources, Inc. was incorporated in 1932 and is headquartered in The Woodlands, Texas. Newpark Resources operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1565 people. Newpark Resources (NR) is traded on New York Stock Exchange in USA. It is located in 9320 Lakeside Boulevard, The Woodlands, TX, United States, 77381 and employs 1,550 people. Newpark Resources is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Newpark Resources Leadership Team

Elected by the shareholders, the Newpark Resources' board of directors comprises two types of representatives: Newpark Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Newpark. The board's role is to monitor Newpark Resources' management team and ensure that shareholders' interests are well served. Newpark Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Newpark Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
John Minge, Independent Director
David Anderson, Independent Chairman of the Board
Stephen Finley, Independent Director
Gregg Piontek, Chief Financial Officer, Senior Vice President, IR Contact Officer
Anthony Best, Independent Chairman of the Board
Celeste Fruge, General VP
Bruce Smith, Executive VP and President of Fluids Systems and Engineering
Matthew Lanigan, Vice President and President - Newpark Mats & Integrated Services
Paul Howes, President, Chief Executive Officer, Director
Donald Young, Independent Director
Douglas CPA, Chief VP
Edward Earle, Chief Administrative Officer, Chief Compliance Officer, Vice President, General Counsel, Corporate Secretary
Gary Warren, Independent Director
David Paterson, Vice President and President of Fluids Systems
CPA CPA, Chief VP
Michael Lewis, Independent Director
Claudia Meer, Independent Director
G Finley, Independent Director
Mark Airola, Chief Admin. Officer, Chief Compliance Officer, Sr. VP, General Counsel and Secretary
Jeffery Juergens, VP and President of Mats and Integrated Services
James McFarland, Independent Director
Douglas White, Chief Accounting Officer, Vice President, Treasurer
Rose Robeson, Independent Director
Lori Briggs, Vice President of Marketing of Newpark Industrial Services
Phillip Vollands, Vice President & President of NDF
Tim Armand, Vice President - U.S. Offshore Operations
Tasha Murphy, VP HR
Brian Feldott, Director - Investor Relations
Roderick Larson, Independent Director

Newpark Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Newpark Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Newpark Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Newpark Resources' short interest history, or implied volatility extrapolated from Newpark Resources options trading.

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When determining whether Newpark Resources is a strong investment it is important to analyze Newpark Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newpark Resources' future performance. For an informed investment choice regarding Newpark Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newpark Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Newpark Stock, please use our How to Invest in Newpark Resources guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Newpark Resources' price analysis, check to measure Newpark Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newpark Resources is operating at the current time. Most of Newpark Resources' value examination focuses on studying past and present price action to predict the probability of Newpark Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newpark Resources' price. Additionally, you may evaluate how the addition of Newpark Resources to your portfolios can decrease your overall portfolio volatility.
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Is Newpark Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newpark Resources. If investors know Newpark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newpark Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.192
Earnings Share
0.16
Revenue Per Share
8.676
Quarterly Revenue Growth
(0.26)
Return On Assets
0.0342
The market value of Newpark Resources is measured differently than its book value, which is the value of Newpark that is recorded on the company's balance sheet. Investors also form their own opinion of Newpark Resources' value that differs from its market value or its book value, called intrinsic value, which is Newpark Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newpark Resources' market value can be influenced by many factors that don't directly affect Newpark Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newpark Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Newpark Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newpark Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.