Matthew Lanigan - Newpark Resources President

NR Stock  USD 8.36  0.07  0.84%   

President

Mr. Matthew S. Lanigan is Vice President, President Newpark Mats Integrated Services of the Company. He joined us in April 2016 as Vice President and President of Newpark Mats Integrated Services LLC. From April 2014 to June 2015, Mr Lanigan served as a Managing Director of Custom Fleet Services in Australia for GE Capital Corporationrationration, a financial services unit of General Electric. From September 2010 to March 2014, he served as Commercial Excellence Leader in the Asia Pacific for GE Capital. Previous to September 2010, Mr. Lanigan held various executive positions in marketing and sales for GE Capital Corporationrationration. since 2022.
Age 53
Tenure 2 years
Professional MarksMBA
Address 9320 Lakeside Boulevard, The Woodlands, TX, United States, 77381
Phone281 362 6800
Webhttps://www.newpark.com
Lanigan holds a BS degree in Chemical Engineering from Royal Melbourne Institute of Technology and a Masters of Business Administration degree from Melbourne Business School.

Newpark Resources Management Efficiency

The company has Return on Asset (ROA) of 0.047 % which means that for every $100 of assets, it generated a profit of $0.047. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.0906 %, which means that it produced $0.0906 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 12/01/2024, 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 12/01/2024, Intangible Assets is likely to grow to about 33.6 M, while Non Currrent Assets Other are likely to drop slightly above 2 M.
Newpark Resources 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. Note however, debt could still be an excellent tool for Newpark to invest in growth at high rates of return.

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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.
David Paterson, Vice President and President of Fluids Systems
CPA CPA, Chief VP
John Minge, Independent Director
Michael Lewis, Independent Director
Claudia Meer, Independent Director
G 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
Douglas White, Chief Accounting Officer, Vice President, Treasurer
Rose Robeson, Independent Director
Lori Briggs, Vice President of Marketing of Newpark Industrial Services
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
Tasha Murphy, VP HR
Gregg CPA, Senior CFO
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.

Pair Trading with Newpark Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Newpark Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Newpark Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Newpark Stock

  0.82VTOL Bristow GroupPairCorr

Moving against Newpark Stock

  0.52DWSN Dawson GeophysicalPairCorr
The ability to find closely correlated positions to Newpark Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Newpark Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Newpark Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Newpark Resources to buy it.
The correlation of Newpark Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Newpark Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Newpark Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Newpark Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Newpark Stock Analysis

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.