Newpark Resources, Inc. Common Stock (NR)

Competitors to Newpark Resources, Inc. Common Stock (NR)

Basic Energy Services, Inc.

Basic Energy Services, Inc. focuses on well servicing and fluids management, competing with Newpark Resources notably in the same segments of drilling and completion services. Basic operates primarily in the onshore U.S. markets, which may overlap with some of Newpark's operational areas. While Newpark leverages its innovations in environmentally friendly drilling methods to gain market traction, Basic Energy Services relies on its operational efficiency and existing client base to maintain its competitive position.

Halliburton Company 

Halliburton Company is a major player in the energy sector, providing a diverse range of services and products for oil and gas exploration and production. Newpark Resources competes with Halliburton primarily in the area of drilling services and fluid management solutions, where both companies seek to offer innovative technologies and efficient service to attract clients. Halliburton has a longstanding reputation and extensive global footprint, often giving it a competitive edge in large-scale projects, while Newpark focuses on niche markets and eco-friendly solutions.

National Oilwell Varco, Inc. 

National Oilwell Varco, Inc. offers equipment and technology to the oil and gas sector, competing directly with Newpark Resources in drilling and completion solutions. NOV is well known for its advanced manufacturing and engineering capabilities, enabling it to provide comprehensive packages to clients. Newpark focuses on specialized solutions, particularly in environmental management, which distinguishes it in the marketplace; however, NOV’s size and technological prowess may provide it with a competitive advantage in various applications.

Schlumberger Limited 

Schlumberger Limited is one of the world's largest oilfield services companies, providing technology, information solutions, and integrated project management across the oil and gas industry. Newpark Resources competes with Schlumberger particularly in the areas of drilling fluid systems and environmental services. While Newpark emphasizes more sustainable practices and innovative solutions, Schlumberger has a significant market share and substantial investment in advanced technologies, giving it a competitive advantage in terms of reach and resources.

Weatherford International plc 

Weatherford International plc provides equipment and services for the oil and gas industry globally. The company competes with Newpark Resources in providing drilling and evaluation services as well as production optimization. Weatherford has a comprehensive portfolio and established customer relationships which often strengthen its position in the market, whereas Newpark's focus on environmentally responsible services gives it a unique edge in certain markets, promoting sustainability and innovation.