NPKI

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Exhibit 99.1

NPK REPORTS THIRD QUARTER 2026 RESULTS

THE WOODLANDS, TEXAS – October 29, 2026 – NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) today announced results for the three and nine months ended September 30, 2026.

THIRD QUARTER 2026 RESULTS

(all comparisons versus the prior year period unless otherwise noted)

•Revenues of $76.3 million, +11%

•Operating income from continuing operations of $9.2 million, 12.0% operating margin

•Income from continuing operations of $6.3 million, or $0.07 per diluted share

•Adjusted EBITDA from Continuing Operations of $20.0 million, +30%

•Adjusted EBITDA margin of 26.2%, +390 basis points

•Total debt of $26.3 million and cash of $4.2 million as of September 30, 2026

•Repurchased $13.4 million of common equity in the third quarter of 2026

Third Quarter

(In millions)20262025Change

Revenues$76.3$68.8$7.5

Operating income from continuing operations$9.2$9.1$0.1

Income from continuing operations per common share - Diluted$0.07$0.07$—

Adjusted EBITDA from continuing operations$20.0$15.4$4.6

Operating margin from continuing operations (%)12.0%13.2%-120bps

Adjusted EBITDA margin from continuing operations (%)26.2%22.3%390bps

Net cash provided by operating activities$7.1$24.7$(17.6)

Free Cash Flow$(4.4)$12.5$(16.9)

MANAGEMENT COMMENTARY

“We generated third quarter year-over-year revenue and adjusted EBITDA growth of 11% and 30%, respectively, despite delayed deployments on several large projects,” stated Matthew Lanigan, President and CEO of NPK International. “While the exceptionally dry weather in Texas negatively impacted matting demand during the third and early fourth quarter and caused us to lower our full-year guidance, the underlying demand trends in our core power transmission markets remain robust as rental project activity has significantly strengthened throughout October. As a result, we expect strong rental and service trends to finish the year and our growth expectations for 2027 remain unchanged.

Lanigan continued, “We remain focused on executing our key growth initiatives, including expanding our manufacturing capacity, growing our rental fleet, and further diversifying our customer base and geographic footprint. Our manufacturing facility expansion remains on track to begin operations by mid-2027, supporting accelerated fleet growth and reducing our reliance on cross-rental mats. We also continue to evaluate organic growth opportunities and strategic acquisitions to expand our presence in new and underpenetrated markets and further increase market share. These investments reflect our confidence in the strength and long-term durability of the growth trends driving our business.

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“Our strong liquidity position provides us the flexibility to balance our growth investments with the return of capital through our disciplined share repurchase program. During the third quarter, we invested $13 million in share repurchases, leaving $76 million remaining under our current share repurchase authorization. With debt of $26 million at quarter end and roughly $132 million of availability under our bank facility, we have ample financial capacity to support both our strategic growth investments, as well as opportunistic share repurchases.

“Our quoting activity has remained robust, maintaining year-over-year growth of approximately 20% throughout the year, demonstrating the strong fundamental demand trends benefitting our business. We believe our strategic investments position us well to capitalize on these attractive growth opportunities, which combined with our consistent operational execution, give us confidence in our ability to deliver double-digit rental growth in the coming years. We are excited about the opportunities ahead and remain focused on capitalizing on favorable market trends, executing our growth strategy and delivering long-term value for our shareholders,” concluded Lanigan

BUSINESS UPDATE

NPK’s business plan is designed to drive organic commercial growth within targeted, higher-margin product and rental markets; improve asset optimization and organizational efficiency; and pursue a capital allocation strategy that prioritizes investments with superior return profiles, together with a programmatic return of capital program.

Third quarter 2026 highlights include:

•Consistent customer demand from core markets. Business activity remains robust in core markets, driven by sustained demand from power transmission customers. Quoting activity remains consistent at elevated levels, with year-over-year growth of at least 20% throughout 2026, with much of the volume being originated in expansion geographies. This supports the Company’s longer-term expectation for double-digit rental growth.

•Improved operating efficiency. NPK remains focused on efficiency improvements and operating cost optimization across every aspect of its business. In the third quarter of 2026, NPK’s Adju

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Exhibit 99.1

NPK REPORTS THIRD QUARTER 2025 RESULTS

Revenues increased 56% year-over-year; Company raises full-year revenue guidance

to $268-$272 million; full-year Adjusted EBITDA updated to $71-$74 million

THE WOODLANDS, TEXAS – October 30, 2025 – NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) today announced results for the three and nine months ended September 30, 2025.

THIRD QUARTER 2025 RESULTS

(all comparisons versus the prior year period unless otherwise noted)

•Revenues of $68.8 million, +56%; Rental revenues of $29.6 million, +57%

•Operating income from continuing operations of $9.1 million, 13.2% operating margin

•Income from continuing operations of $6.1 million, or $0.07 per diluted share

•Adjusted EBITDA from Continuing Operations of $15.4 million, 22.3% Adjusted EBITDA margin

•Total cash of $35.6 million and total debt of $9.5 million as of September 30, 2025

•Cash flow from operating activities of $24.7 million; Free Cash Flow of $12.5 million

Third Quarter

(In millions)20252024Change

Revenues$68.8$44.2$24.6

Operating income from continuing operations$9.1$1.2$7.9

Adjusted EBITDA from continuing operations$15.4$7.5$7.9

Operating margin from continuing operations (%)13.2%2.8%1040bps

Adjusted EBITDA margin from continuing operations (%)22.3%17.0%530bps

Net cash provided by operating activities$24.7$2.8$21.9

Free Cash Flow$12.5$(5.6)$18.1

MANAGEMENT COMMENTARY

“We delivered strong third-quarter results, with revenue increasing by 56%, driven by sustained demand growth in the power transmission market, and exceptional execution by our commercial sales and operational teams serving the largest and most complex utility projects,” said Matthew Lanigan, President and CEO of NPK. “Given the strengthening market outlook, we are raising our full-year capital expenditure plan by $10 million to align with expected demand growth in 2026 and have also accelerated planning efforts to expand our manufacturing capacity to support long-term growth.”

Lanigan continued, “One of our key competitive advantages is the scale and flexibility of our rental fleet, which enables us to respond rapidly to evolving customer needs. This advantage was again clearly demonstrated late in the quarter, as we successfully met customer demand for multiple large-scale project changes and extensions. While these short-notice changes introduced some operational inefficiencies and modest margin pressure in the quarter, our responsiveness further solidifies our customer relationships and market leadership while our full year and longer-term outlook for mid-30’s gross margin remains unchanged.”

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“We remain in a strong financial position, with cash and available liquidity of nearly $180 million as of September 30, 2025, giving us significant flexibility to support our balanced capital allocation strategy and fund our growth initiatives,” Lanigan added. “Year-to-date, we have expanded our rental fleet by 13%, and our recent debottlenecking efforts have resulted in a 5% increase in production output — both critical steps toward supporting continued growth and enhancing operational efficiency.”

“We’re extremely proud of our performance through the first nine months of 2025, which reflects the dedication and hard work of our entire team,” Lanigan concluded. “We ended Q3 with record utilization levels, setting the stage for a strong finish to the year. As a result, we are raising our full-year financial guidance. We remain focused on executing our strategic priorities and are energized by the opportunities ahead.”

BUSINESS UPDATE

NPK’s business plan is designed to drive organic commercial growth within targeted, higher-margin product and rental markets; improve asset optimization and organizational efficiency; and pursue a capital allocation strategy that prioritizes investments with superior return profiles, together with a programmatic return of capital program.

Third quarter 2025 highlights include:

•Strong customer demand continued for matting rental and related services. Revenues from specialty rental and related services were $44 million in the third quarter of 2025, with strong demand continuing in support of power transmission projects throughout the typically softer summer months. Revenues from product sales were $25 million for the third quarter of 2025, the Company’s strongest quarter of the year, primarily reflecting continued strength in demand from utility companies.

•Improved operating efficiency. NPK remains focused on efficiency improvements and operating cost optimization across every aspect of its business. The Company continues to evaluate and execute actions intended to streamline the organization and its cost structure, while targeting SG&A as a percentage of revenue in the mid-teens by early 2026. During the third quarter of 2025, the Company began the rollout of a new cloud-based ERP system, which is expected to be substant

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Exhibit 99.1

NPK REPORTS SECOND QUARTER 2025 RESULTS

Company reports record rental revenues; Raises full-year guidance

THE WOODLANDS, TEXAS – August 5, 2025 – NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) today announced results for the three and six months ended June 30, 2025.

SECOND QUARTER 2025 RESULTS

(all comparisons versus the prior year period unless otherwise noted)

•Revenues of $68.2 million, +2%; Rental revenues of $31.7 million, +34%

•Operating income from continuing operations of $11.6 million, 17.0% operating margin

•Income from continuing operations of $8.8 million, or $0.10 per diluted share

•Adjusted EBITDA from Continuing Operations of $18.8 million, 27.5% Adjusted EBITDA margin

•Total cash of $26.0 million and total debt of $9.3 million as of June 30, 2025

•Cash flow from operating activities of $21.4 million; Free Cash Flow of $11.2 million

•Repurchased $6 million of common equity, 1% of outstanding shares

•Established new $150 million revolving credit facility

•Announced Global Industry Classification Standard (GICS®) code changed to 20107010 (Industrials/Capital Goods/Trading Companies & Distributors)

Second Quarter

(In millions)20252024Change

Revenues$68.2$66.8$1.4

Operating income from continuing operations$11.6$12.5$(0.9)

Income from continuing operations per common share - Diluted$0.10$0.10$—

Adjusted EBITDA from continuing operations$18.8$17.9$0.9

Operating margin from continuing operations (%)17.0%18.7%-170bps

Adjusted EBITDA margin from continuing operations (%)27.5%26.8%70bps

Net cash provided by operating activities$21.4$27.6$(6.2)

Free Cash Flow$11.2$21.9$(10.7)

MANAGEMENT COMMENTARY

“Our disciplined execution once again resulted in strong organic growth in the second quarter, highlighted by rental revenue growth of 34% to $32 million, another single quarter record,” stated Matthew Lanigan, President and CEO of NPK. “The strong demand we experienced late in the first quarter continued through the second quarter, driven by ongoing strength in our core utility and critical infrastructure markets, with notable strength in large scale utility projects that has the added benefit of driving longer contract durations and increased visibility. To meet the concurrent surge in demand on several large-scale projects, we leveraged our rental fleet and logistics capabilities, as well as our third-party network to successfully deliver for our customers and highlight our position as one of the few providers with the ability to scale rapidly and successfully execute during even the most dynamic market environments.”

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“We remain excited by the ongoing momentum in our business, further validating our long-term growth strategy, which is focused on growing our rental fleet scale, expanding our geographic footprint, and providing industry leading products and services to our customers,” continued Lanigan. “As we look ahead to the second half, we continue to be encouraged by the strength in our core markets and the pipeline of rental projects and products sales we are pursuing. Based on our strong first half performance and our visibility into continued momentum into the second half, we are pleased to once again raise our full-year revenue and EBITDA expectations for fiscal 2025.”

“We continued to execute under our disciplined capital allocation framework during the second quarter, as we made additional investments to expand our rental fleet and returned capital through our share repurchase program, all while maintaining ample financial flexibility,” noted Lanigan. “We repurchased another 1% of our outstanding shares during the quarter and further expanded our rental fleet by 5%, as we continue to build on our leading position within the composite rental market. With the recent establishment of our new bank facility in June, we had approximately $175 million of cash and available liquidity as of June 30, 2025, providing us significant flexibility to support our strategic growth plans and capital allocation strategy.”

“We are very pleased by our strong results during the first half of 2025, which are a direct result of the dedicated focus on our key strategic priorities combined with the favorable market trends. We look to further take advantage of these favorable conditions by remaining committed to our key initiatives, which include delivering consistent organic growth, driving operating efficiency, and return of capital optimization, all with a focus on driving long-term shareholder value,” concluded Lanigan.

BUSINESS UPDATE

NPK’s business plan is designed to drive organic commercial growth within targeted, higher-margin product and rental markets; improve asset optimization and organizational efficiency; and pursue a capital allocation strategy that prioritizes investments with superior return profiles, together with a programmatic return of capital program.

Second quarter 2025 highlights include:

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Exhibit 99.1

NPK REPORTS FIRST QUARTER 2025 RESULTS

THE WOODLANDS, TEXAS – May 1, 2025 – NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) today announced results for the first quarter ended March 31, 2025.

FIRST QUARTER 2025 RESULTS

(all comparisons versus the prior year period unless otherwise noted)

•Revenues of $64.8 million, +32%

•Operating income from continuing operations of $13.5 million

•Operating margin from continuing operations of 20.9%

•Income from continuing operations of $10.4 million, or $0.12 per diluted share

•Adjusted EBITDA from Continuing Operations of $19.7 million, +59%

•Adjusted EBITDA margin from Continuing Operations of 30.4%, +510 bps

•Total cash of $20.8 million and total debt of $8.1 million as of March 31, 2025

•Repurchased $11 million of common equity, 2% of outstanding shares

•Announces increase in remaining share repurchase authorization to $100 million

•Raised full-year 2025 financial guidance

First Quarter

(In millions)20252024Change

Revenues$64.8$49.0$15.8

Operating income from continuing operations$13.5$7.0$6.5

Income from continuing operations per common share - Diluted$0.12$0.05$0.07

Adjusted EBITDA from continuing operations$19.7$12.4$7.3

Operating margin from continuing operations (%)20.9%14.2%670bps

Adjusted EBITDA margin from continuing operations (%)30.4%25.3%510bps

Net cash provided by operating activities$8.8$12.0$(3.2)

Free Cash Flow$0.6$(0.8)$1.4

MANAGEMENT COMMENTARY

“We delivered another period of strong results during the first quarter, further building on our positive momentum exiting 2024, highlighted by growth in revenue and adjusted EBITDA of 32% and 59%, respectively,” stated Matthew Lanigan, President and CEO of NPK International. “Our results were driven by meaningful growth in both rental and products sales, with rental revenue increasing 32% from last year to another single-quarter record, reflecting continued momentum in our core utilities transmission and critical infrastructure end markets. The demand trends in our key end-markets remain favorable and we also continue to see the effects of wood-to-composite mat conversion by fleet owners.”

“We remain committed to our long-term growth strategy, which emphasizes the expansion of our high-return rental business and expanding customer market share within our targeted markets,” continued Lanigan. “The investments in our commercial capabilities are a critical aspect of our growth strategy and our progress in expanding our sales team and enhancing our effectiveness has been a key factor driving our recent growth momentum, as quoted volumes continue to grow meaningfully while award rates remain consistent with historical levels. Based on our strong first quarter results, continued execution of

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our growth strategy, consistent operating efficiency, and favorable near-term market trends, we are pleased to be raising our fiscal 2025 financial guidance.”

“A key driver of our value creation framework is our disciplined capital allocation strategy, and we were extremely pleased to be able to resume our share repurchase program during the first quarter, as we acquired 1.8 million shares, or 2% of our shares outstanding,” continued Lanigan. “We remain committed to our balanced capital allocation strategy, one that combines investments into the organic growth of our rental fleet, evaluation of inorganic opportunities, and return of capital to shareholders. To support our strategy, our Board of Directors increased our remaining share repurchase authorization to $100 million as of April 30, 2025.”

“The secular megatrends underpinning investment in critical infrastructure remain robust despite the current macro uncertainty and we are well positioned to further build on our recent momentum. In addition, our manufacturing footprint and raw material sourcing is 100% US-based and insulated from any currently known tariff impacts. We have the right strategy in place and based on our continued execution against our key priorities, we are confident in our ability to drive value for all of our stakeholders,” concluded Lanigan.

BUSINESS UPDATE

NPK’s business plan is designed to drive organic commercial growth within targeted, higher-margin product and rental markets; improve asset optimization and organizational efficiency; and pursue a capital allocation strategy that prioritizes investments with superior return profiles, together with a programmatic return of capital program.

First quarter 2025 highlights include:

•Strong customer demand for matting rental and related services. Revenues from specialty rental and related services increased to $43 million in the first quarter of 2025, with record rental revenues driven by strong demand from key customer accounts in support of power transmission projects. Revenues from product sales increased to $21 million for the first quarter of 2025, reflecting both continued wood-to-composi

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Exhibit 99.1

NPK REPORTS FOURTH QUARTER

AND FULL YEAR 2024 RESULTS

THE WOODLANDS, TEXAS – February 26, 2025 – NPK International Inc. (NYSE: NPKI) (“NPK” or the “Company”) today announced results for the three and twelve months ended December 31, 2024.

FOURTH QUARTER 2024 RESULTS

(all comparisons versus the prior year period unless otherwise noted)

•Revenues of $57.5 million, +24%

•Operating income from continuing operations of $11.6 million

•Operating margin from continuing operations of 20.2%

•Income from continuing operations of $8.0 million, or $0.09 per diluted share; Adjusted Income from Continuing Operations of $7.1 million, or $0.08 per diluted share

•Adjusted EBITDA from Continuing Operations of $17.1 million, +35%

•Adjusted EBITDA margin from Continuing Operations of 29.7%

•Total cash of $18 million and total debt of $8 million as of December 31, 2024

FULL YEAR 2024 RESULTS

(all comparisons versus the prior year period unless otherwise noted)

•Revenues of $217.5 million, +5%

•Operating income from continuing operations of $32.4 million

•Operating margin from continuing operations of 14.9%

•Income from continuing operations of $35.6 million, or $0.41 per diluted share; Adjusted Income from Continuing Operations of $20.3 million, or $0.23 per diluted share

•Adjusted EBITDA from Continuing Operations of $54.9 million, +12%

•Adjusted EBITDA margin from Continuing Operations of 25.2%

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Fourth Quarter

(In millions)20242023Change

Revenues$57.5$46.5$11.0

Operating income from continuing operations$11.6$6.1$5.5

Adjusted EBITDA from continuing operations$17.1$12.7$4.4

Operating margin from continuing operations (%)20.2%13.1%710bps

Adjusted EBITDA margin from continuing operations (%)29.7%27.3%240bps

Full Year

(In millions)20242023Change

Revenues$217.5$207.6$9.9

Operating income from continuing operations$32.4$22.9$9.5

Adjusted EBITDA from continuing operations$54.9$48.9$6.0

Operating margin from continuing operations (%)14.9%11.0%390bps

Adjusted EBITDA margin from continuing operations (%)25.2%23.6%160bps

MANAGEMENT COMMENTARY

“We delivered a strong finish to a historic year for NPK,” stated Matthew Lanigan, President and CEO of NPK International. “Through our third quarter 2024 divestiture, we streamlined our business model to focus exclusively on site-access and specialty rental solutions. We have also sharpened our commercial strategy and completed the expansion of our commercial sales team, to accelerate the penetration of higher-value growth opportunities. This transformative shift positions us to further optimize our return on invested capital through continued investments in organic expansion, targeted investments in inorganic growth and our $50 million share repurchase authorization.”

“Our nationwide sales coverage model and targeted focus on key growth accounts has positioned us to prioritize higher-growth, higher-value opportunities, consistent with our strategic focus. Our team demonstrated strong execution on our commercial growth and operational excellence initiatives throughout the year, a performance that culminated in 12% year-over-year organic growth in Adjusted EBITDA,” continued Lanigan. “Revenue growth and continued cost discipline contributed to improved operating leverage, resulting in 160 bps of Adjusted EBITDA margin expansion, when compared to the prior year.”

“We delivered an outstanding fourth quarter performance,” continued Lanigan. “Fourth quarter revenue and Adjusted EBITDA increased by 24% and 35%, respectively, as rental revenue reached a new single-quarter record. Gross margin increased by nearly 500 bps to a two-year high, supported by a more favorable sales mix, while Adjusted EBITDA margin increased by 240 bps to 29.7%, when compared to the prior year.”

“During the fourth quarter, we launched our new brand identity, NPK International, a leading worksite access solutions company committed to providing best-in-class products and services to support our customers critical infrastructure projects,” continued Lanigan. “We continue to make progress with our industry reclassification process and currently expect our new industry classification to be finalized before our first quarter 2025 results conference call.”

“Today, we are introducing financial guidance for the full-year 2025,” continued Lanigan. “We remain constructive on the long-term outlook for utility and critical infrastructure spending, together with our proven ability to deliver profitable growth through the cycle. To that end, at the midpoint of our 2025 financial guidance, we anticipate revenue and Adjusted EBITDA growth of 10% and 18%, respectively,

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when compared to the full-year 2024. Our guidance also assumes 2025 net capital expenditures of between $35 million to $40 million, approximately 80% of which is expected to be allocated toward the continued expansion of our rental fleet.”

“Entering 2025, NPK is uniquely p

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Exhibit 99.1

NEWPARK RESOURCES REPORTS THIRD QUARTER 2024 RESULTS

THE WOODLANDS, Texas – November 7, 2024 – Newpark Resources, Inc. (NYSE: NR) (“Newpark” or the “Company”) today announced results for the third quarter ended September 30, 2024.

On September 13, 2024, the Company completed the sale of its equity interests in substantially all of the Company’s Fluids Systems segment. The results of the Fluids Systems segment are reported in discontinued operations for all periods.

THIRD QUARTER 2024 RESULTS

•Revenue of $44.2 million

•Operating income from continuing operations of $1.2 million

•Income from continuing operations of $14.9 million, which includes a $14.6 million tax benefit; Adjusted Income from Continuing Operations of $0.3 million

•Adjusted EBITDA from Continuing Operations of $7.5 million

•Adjusted EBITDA Margin from Continuing Operations of 17.0%

•$70 million of initial cash proceeds from the sale of Fluids Systems; net deferred consideration and note receivable of $18 million as of September 30, 2024

•Total cash of $43 million and debt of $14 million as of September 30, 2024

Third Quarter

(In millions)20242023Change

Revenues$44.2 $57.3 $(13.1)

Operating income from continuing operations$1.2 $6.3 $(5.1)

Net cash provided by operating activities$2.8 $27.0 $(24.2)

Free Cash Flow$(5.6)$22.9 $(28.5)

Industrial Solutions Segment

Revenues$44.2 $57.3 $(13.1)

Operating income$7.3 $14.3 $(7.0)

Adjusted EBITDA$12.5 $19.7 $(7.2)

Operating margin (%)16.5 %25.0 %-850bps

Adjusted EBITDA margin (%)28.3 %34.4 %-610bps

MANAGEMENT COMMENTARY

“Our third quarter performance was impacted by a combination of certain key customers shifting their priorities from scheduled transmission projects to renewable generation projects, unfavorable weather conditions, and an extended unplanned maintenance event at our Louisiana manufacturing facility,” stated Matthew Lanigan, President and CEO of Newpark. “In total, the seasonal pullback in rental revenues and six-weeks of facility maintenance impacted third quarter Adjusted EBITDA by nearly $5 million,” continued Lanigan. “The facility has been operating at normal production levels since the start of the fourth quarter.”

“Following the more pronounced seasonal effects, customer activity rebounded sharply as we exited the third quarter,” continued Lanigan. “October set a new monthly record for rental volume, putting us on pace for very strong fourth quarter rental revenues.”

“Our disciplined, return-driven approach to capital allocation remains central to our value creation thesis,” stated Lanigan. “We intend to prioritize organic investment in rental fleet, while returning capital to shareholders through our programmatic share repurchase program. With the Fluids divestiture completed,

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we have begun simplifying our business structure and streamlining our support structure around a core site access solutions offering and expect to remain opportunistic acquirors of complementary assets that further enhance our customer value proposition, expand our addressable market, and further support our strategic focus on profitable growth.”

“We remain highly constructive on both the near and longer-term outlook for our business,” continued Lanigan. “Entering 2025, our entire organization is solely focused on the significant market opportunity we see in site access solutions. From multi-billion-dollar investment programs focused on high-grading the United States’ aging electricity grid, to the exponential growth in advanced computing data centers, our platform is uniquely equipped to support next-generation investments in our nation’s infrastructure.”

BUSINESS UPDATE

Newpark is engaged in a multi-year business transformation plan designed to drive organic commercial growth within targeted, higher-margin product and rental markets; improve asset optimization and organizational efficiency; and pursue a capital allocation strategy that prioritizes investments in opportunities with superior return profiles, together with a programmatic return of capital program.

The third quarter of 2024 was highlighted by the following:

•Completed Fluids Systems sale. On September 13, 2024, we completed the sale of the equity interests in substantially all of the Company’s Fluids Systems segment to SCF Partners, a leading private equity firm serving the global energy industry. The sale marks an important strategic milestone for our Company as we focus on growing our scale as a leading, pure-play specialty rental and services business in the global worksite access and critical infrastructure markets.

•Strong balance sheet management. We ended the third quarter of 2024 with total cash of $43 million, total debt of $14 million, and available liquidity under our ABL credit facility of $56 million. Additionally, we have $18 million of net deferred consideration and note receivable from the Fluids Systems sale as of September 30,

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Exhibit 99.1

NEWPARK RESOURCES REPORTS SECOND QUARTER 2024 RESULTS

The Woodlands, Texas – August 5, 2024 – Newpark Resources, Inc. (NYSE: NR) (“Newpark” or the “Company”) today announced results for the three and six months ended June 30, 2024.

SECOND QUARTER 2024 RESULTS

(all comparisons versus the prior year period unless otherwise noted)

•Net income of $8.0 million, or $0.09 per diluted share

•Adjusted Net Income of $10.4 million, or $0.12 per diluted share

•Adjusted EBITDA +18% to $23.4 million

•Adjusted EBITDA margin of 13.1%, +230 basis points

•Total Debt of $58 million, Net Debt of $23 million and Net Leverage of 0.3x as of June 30, 2024

Second Quarter

(In millions)20242023Change

Revenues$179.0$183.3$(4.3)

Operating income$13.3$5.9$7.4

Net cash provided by operating activities$27.6$7.4$20.2

Free Cash Flow$21.9$0.6$21.3

Fluids Systems Segment

Revenues$112.2$135.2$(23.0)

Operating income$2.3$2.0$0.3

Adjusted EBITDA$5.2$8.8$(3.6)

Operating margin (%)2.1%1.5%60bps

Adjusted EBITDA margin (%)4.6%6.5%-190bps

Industrial Solutions Segment

Revenues$66.8$48.1$18.7

Operating income$19.4$12.8$6.6

Adjusted EBITDA$24.8$18.1$6.7

Operating margin (%)29.0%26.6%240bps

Adjusted EBITDA margin (%)37.1%37.7%-60bps

MANAGEMENT COMMENTARY

“We delivered a strong second quarter performance, as Industrial Solutions segment revenue increased nearly 40% on an organic basis versus the prior-year period,” stated Matthew Lanigan, President and CEO of Newpark. “Industrial Solutions revenue growth was supported by a combination of fleet expansion and a continued shift in customer preference from legacy, wood-based mats toward our DURA-BASE composite-based matting system. Product sales increased to an all-time quarterly record in the second quarter, while rental revenue increased 9% versus the prior-year period.”

“We remain highly focused on driving performance excellence across all aspects of our organization as we seek to maximize operating leverage and capital efficiency,” continued Lanigan. “In the second quarter, this strategic focus translated to significant year-over-year growth in adjusted EBITDA, adjusted net income and free cash flow conversion, while providing us with improved balance sheet optionality to support our capital allocation priorities.”

“To that end, our capital allocation strategy continues to prioritize investments in our rental fleet, return of capital through our share repurchase authorization, and opportunistic inorganic growth within both

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existing and complementary worksite access markets,” noted Lanigan. “We generated free cash flow of $22 million in the second quarter while net leverage declined to 0.3x as of June 30, 2024.”

Lanigan continued, “With regard to the Fluids Systems sale process, our entire organization has worked tirelessly on all aspects of diligence and separation planning, with an eye on a mid-year completion. Our international business continues to operate at a very strong level, contributing more than 70% of the segment’s global revenues and on pace for a record year in both EBITDA and returns, however, the natural complexities of the global business are extending the process timeline beyond our targeted dates. While impacting our timing expectations, we remain committed to achieving a resolution to our strategic review process and continue to work diligently to achieve this goal in the third quarter.”

“Today, we are reiterating our full-year 2024 financial guidance for our Industrial Solutions segment,” concluded Lanigan. “While the third quarter is typically a seasonally softer period of the year for our business, with activity levels generally below second quarter levels, we remain encouraged by the longer-term demand outlook across our core end-markets, as we continue to expand our market.”

BUSINESS UPDATE

Newpark is engaged in a multi-year business transformation plan designed to drive organic commercial growth within targeted, higher-margin product and rental markets; improve asset optimization and organizational efficiency; and pursue a capital allocation strategy that prioritizes investments in opportunities with superior return profiles, together with a programmatic return of capital program.

During the second quarter 2024, Newpark continued to deliver on its business transformation plan, highlighted by the following (all comparisons versus the prior year period unless otherwise noted):

•Rental demand strengthens in the second quarter 2024. Industrial Solutions revenue from specialty rental increased 9% for the second quarter of 2024, somewhat mitigating a lower contribution from associated services. Total rental and services declined 9%.

•Robust product sales demand. Revenues from product sales achieved a quarterly record $30 million, primarily driven by strong demand from the power transmission sector and project timing.

•Fluids Systems segment continues momentum in international opera

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Exhibit 99.1

NEWPARK RESOURCES REPORTS FIRST QUARTER 2024 RESULTS

THE WOODLANDS, Texas – May 2, 2024 – Newpark Resources, Inc. (NYSE: NR) (“Newpark” or the “Company”) today announced results for the first quarter ended March 31, 2024.

FIRST QUARTER 2024 RESULTS

(all comparisons versus the prior year period unless otherwise noted)

•Net income +30% to $7.3 million, or $0.08 per diluted share

•Adjusted Net Income of $8.9 million, or $0.10 per diluted share

•Adjusted EBITDA +1% to $21.3 million

•Adjusted EBITDA margin of 12.6%, +210 basis points

•Total Debt of $77 million, Net Debt of $40 million and Net Leverage of 0.5x as of March 31, 2024

First Quarter

(In millions)20242023Change

Revenues$169.1$200.0$(30.9)

Operating income$11.9$10.1$1.8

Net cash provided by operating activities$12.0$29.4$(17.4)

Free Cash Flow$(0.8)$23.2$(24.0)

Fluids Systems Segment

Revenues$120.1$144.2$(24.1)

Operating income$6.8$3.5$3.3

Adjusted EBITDA$8.6$8.7$(0.1)

Operating margin (%)5.7%2.4%330bps

Adjusted EBITDA margin (%)7.2%6.0%120bps

Industrial Solutions Segment

Revenues$49.0$55.9$(6.9)

Operating income$12.9$14.5$(1.6)

Adjusted EBITDA$18.0$19.7$(1.7)

Operating margin (%)26.4%25.9%50bps

Adjusted EBITDA margin (%)36.8%35.3%150bps

MANAGEMENT COMMENTARY

“Early into 2024, we’ve continued to advance our multi-year value creation strategy as we position Newpark to become a market-leading, pure-play specialty rental business serving the global worksite access market,” stated Matthew Lanigan, President and CEO of Newpark. “Our focus on asset optimization, operational excellence and returns-focused capital deployment contributed to 210 basis points of Adjusted EBITDA margin expansion in the first quarter, including contributions from both our Industrial Solutions and Fluids Systems segments as well as our corporate office.”

“Within our Industrial Solutions business, our first quarter performance reflects a combination of improved operating leverage and a more favorable sales mix, resulting in segment EBITDA margin of nearly 37%, an increase of 150 basis points versus the prior-year period,” continued Lanigan. “While segment revenue declined versus the prior-year period due to the timing of product sales supporting customer projects, rental demand conditions strengthened as the quarter progressed, with rental volumes reaching record levels entering the second quarter. We also continued to expand our rental fleet during the first quarter, positioning us to capitalize on strengthening demand conditions.”

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“Within our Fluids Systems business, a combination of stronger international activity, together with the benefits of recent cost actions, contributed to 120 basis points of EBITDA margin expansion,” continued Lanigan. “Our revenues from international operations increased 19% versus the prior year, supported by strong growth from both our Eastern Hemisphere and Canadian operations.”

“We are continuing to work diligently through the Fluids Systems strategic review and remain focused on having the process substantially concluded by mid-year 2024,” noted Lanigan. “By simplifying our business, and focusing exclusively on worksite access industrial solutions, we intend to build a higher margin, more competitive business capable of delivering superior returns on invested capital through the cycle.”

BUSINESS UPDATE

Newpark is engaged in a multi-year business transformation plan designed to drive organic commercial growth within targeted, higher-margin product and rental markets; improve asset optimization and organizational efficiency; and pursue a capital allocation strategy that prioritizes investments in opportunities with superior return profiles, together with a programmatic return of capital program.

During the first quarter 2024, Newpark continued to deliver on its business transformation plan, highlighted by the following (all comparisons versus the prior year period unless otherwise noted):

•Accelerating worksite access solutions demand entering the second quarter 2024. Industrial Solutions revenue from specialty rental and services decreased 3% for the first quarter of 2024, as declines from oil and gas, pipeline and other sectors was partially offset by 7% revenue growth in the utilities sector. Following a subdued start to 2024, rental and service activity strengthened later in the first quarter, setting up for a strong second quarter.

•Fluids Systems segment continues momentum in international operations. The segment delivered strong international revenue growth in the first quarter of 2024, with international operations contributing 75% of Fluids Systems revenue in the quarter. Newpark’s Eastern Hemisphere revenue increased 24% to $68 million and Canada increased 10% to $21 million.

•Delivered margin expansion across reporting segments. Consolidated gross margin increased 280 basis points year-over-year to 20.4%, benefitting from a higher contribut

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Exhibit 99.1

NEWPARK RESOURCES REPORTS FOURTH QUARTER

AND FULL YEAR 2023 RESULTS

THE WOODLANDS, Texas – February 21, 2024 – Newpark Resources, Inc. (NYSE: NR) (“Newpark” or the “Company”) today announced results for the three and twelve months ended December 31, 2023.

FOURTH QUARTER 2023 RESULTS

(all comparisons versus the prior year period unless otherwise noted)

•Industrial Solutions segment revenue of $46.5 million, -19%

•Fluids Systems segment revenue of $121.4 million, -28%

•Net Loss of $0.5 million, or $0.01 per share

•Adjusted Net Income of $3.8 million, -43%; $0.04 per diluted share, -38%

•Adjusted EBITDA of $16.2 million, -25%

•Adjusted EBITDA margin of 9.7%, +12 basis points

•Total Debt of $75 million, Net Debt of $36 million and Net Leverage of 0.5x as of December 31, 2023

•Net cash provided by operating activities of $36.2 million and Free Cash Flow of $27.8 million, +$35 million

•Repurchased $6 million of common equity; announces new $50 million share repurchase authorization

FULL YEAR 2023 RESULTS

(all comparisons versus the prior year period unless otherwise noted)

•Industrial Solutions segment revenue of $207.6 million, +8%

•Fluids Systems segment revenue of $542.0 million, -13%

•Net Income of $14.5 million, or $0.16 per diluted share

•Adjusted Net Income of $27.8 million, +120%; $0.31 per diluted share, +135%

•Adjusted EBITDA of $80.1 million, +21%

•Adjusted EBITDA margin of 10.7%, +258 basis points

•Net cash provided by operating activities of $100.0 million and Free Cash Flow of $74.5 million, +$125 million

•Repurchased $32 million of common equity

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Fourth Quarter

(In millions)20232022Change

Revenues$167.8$225.2$(57.4)

Operating income$4.4$17.5$(13.1)

Net cash provided by operating activities$36.2$3.1$33.1

Free Cash Flow$27.8$(6.8)$34.6

Fluids Systems Segment

Revenues$121.4$167.7$(46.3)

Operating income (loss)$(1.1)$4.8$(5.9)

Adjusted EBITDA$4.7$7.4$(2.7)

Operating margin (%)(0.9)%2.9%-380bps

Adjusted EBITDA margin (%)3.9%4.4%-50bps

Industrial Solutions Segment

Revenues$46.5$57.5$(11.0)

Operating income$11.4$17.8$(6.4)

Adjusted EBITDA$16.8$23.3$(6.5)

Operating margin (%)24.6%30.9%-630bps

Adjusted EBITDA margin (%)36.1%40.5%-440bps

Full Year

(In millions)20232022Change

Revenues$749.6$815.6$(66.0)

Operating income (loss)$33.6$(9.0)$42.6

Net cash provided by (used in) operating activities$100.0$(25.0)$125.0

Free Cash Flow$74.5$(50.1)$124.6

Fluids Systems Segment

Revenues$542.0$622.6$(80.6)

Operating income (loss)$11.9$(15.6)$27.5

Adjusted EBITDA$32.4$28.2$4.2

Operating margin (%)2.2%(2.5)%470bps

Adjusted EBITDA margin (%)6.0%4.5%150bps

Industrial Solutions Segment

Revenues$207.6$193.0$14.6

Operating income$53.0$43.9$9.1

Adjusted EBITDA$74.4$65.8$8.6

Operating margin (%)25.5%22.7%280bps

Adjusted EBITDA margin (%)35.8%34.1%170bps

MANAGEMENT COMMENTARY

“Throughout 2023, our team focused on the execution of our business transformation strategy, culminating in strong year-over-year organic growth in Adjusted EBITDA, margin realization, free cash flow and profitability,” stated Matthew Lanigan, President and CEO of Newpark. “We’ve advanced our business transformation by prioritizing organic share gains, price discipline and a higher margin sales mix, while driving increased productivity and operational rigor across the organization. In the year ahead, we will seek to narrow our strategic focus as we pivot to become a pure-play specialty rental and industrial solutions platform of scale, one well-equipped to support a multi-year investment cycle within the domestic energy and infrastructure markets.”

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“Our Industrial Solutions segment delivered solid results in 2023, a performance highlighted by significant margin expansion and an improved return on net assets,” continued Lanigan. “Segment revenue and Adjusted EBITDA for 2023 increased 8% and 13% year-over-year, respectively, while segment Adjusted EBITDA margin improved by 170 basis points to 35.8%, reflecting robust growth in rental volume and improved operating leverage.”

“Our fourth quarter results reflect a normalization in Industrial Solutions rental and service, when compared to our prior fourth quarter performance,” continued Lanigan. “In the fourth quarter of 2022, we benefited from major, non-recurring weather events that contributed to elevated matting demand, rental price and fleet utilization. Further, while the outlook for matting demand remains strong, supported by a significant volume of planned long-duration projects, the start-up of several customer projects initially scheduled to commence in the fourth quarter shifted into 2024.”

“Within Fluids Systems, we made substantial progress strengthening the global position and financial performance of our industry-leading business during 2023,” stated Lanigan. “Continued strength within our international operations, together with the benefit from prior year divestitures

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Exhibit 99.1

NEWPARK RESOURCES REPORTS THIRD QUARTER 2023 RESULTS

THE WOODLANDS, Texas – October 31, 2023 – Newpark Resources, Inc. (NYSE: NR) (“Newpark” or the “Company”) today announced results for the third quarter ended September 30, 2023.

THIRD QUARTER 2023 RESULTS

(all comparisons versus the prior year period unless otherwise noted)

•Industrial Solutions segment revenue of $57.3 million, +12%; year-to-date $161.2 million, +19%

•Fluids Systems segment revenue of $141.2 million, -16%; year-to-date $420.6 million, -8%

•Net Income of $7.7 million, or $0.09 per diluted share

•Adjusted Net Income of $8.4 million, +59%; $0.09 per diluted share, +71%

•Adjusted EBITDA of $22.3 million, +13%

•Adjusted EBITDA margin of 11.2%, +230 basis points

•Total Debt of $86 million, Net Debt of $59 million and Net Leverage of 0.7x as of September 30, 2023

•Repurchased $6 million of common equity under our share repurchase authorization; a total of $26 million repurchased year-to-date

Third Quarter

(In millions)20232022Change

Revenues$198.5 $219.9 $(21.4)

Operating income (loss)$13.2 $(21.3)$34.6

Net cash provided by (used in) operating activities$27.0 $(5.1)$32.1

Free Cash Flow$22.9 $(12.7)$35.6

Fluids Systems Segment

Revenues$141.2 $168.6 $(27.4)

Operating income (loss)$7.6 $(24.2)$31.8

Adjusted EBITDA$9.9 $8.8 $1.1

Operating margin (%)5.4 %(14.3)%1970bps

Adjusted EBITDA margin (%)7.0 %5.2 %180bps

Industrial Solutions Segment

Revenues$57.3 $51.2 $6.0

Operating income$14.3 $10.0 $4.3

Adjusted EBITDA$19.7 $15.4 $4.3

Operating margin (%)25.0 %19.6 %540bps

Adjusted EBITDA margin (%)34.4 %30.1 %430bps

MANAGEMENT COMMENTARY

“Our team delivered strong third quarter results, while demonstrating continued execution on our multi-year business transformation strategy,” stated Matthew Lanigan, President and Chief Executive Officer of Newpark Resources. “Ongoing commercial growth and operational excellence initiatives across the enterprise contributed to significant year-over-year growth in net income, Adjusted EBITDA and free cash flow in the third quarter, putting us on pace for a solid full-year performance.”

“Our Industrial Solutions segment delivered record third quarter revenue,” continued Lanigan. “Strong underlying demand across our core end-markets, continued share gains and ongoing investments in fleet

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contributed to 28% year-over-year growth in segment Adjusted EBITDA, together with 430 basis points of Adjusted EBITDA margin expansion.”

“The strategic review of our Fluids business is progressing in accordance with our expectations,” continued Lanigan. “Since launching the sale process in September, we’re pleased with the level of interest from potential acquirers who recognize the high quality of our industry leading technical expertise, service quality and established customer relationships.”

“Fluids Systems segment third quarter revenues declined 16% year-over-year, primarily reflecting the effects of last year’s divestitures and other actions, but importantly, delivered a 12% improvement in Adjusted EBITDA and its strongest Adjusted EBITDA margin in five years, supported by strong activity in Europe and Africa, improved customer mix, a robust seasonal recovery in Canada and continued cost controls in a subdued U.S. market,” continued Lanigan.

“We generated $23 million in free cash flow in the third quarter, bringing our year-to-date free cash flow to $47 million, or 74% of year-to-date Adjusted EBITDA,” stated Gregg Piontek, Senior Vice President and Chief Financial Officer. “As our business has become increasingly cash generative, we’ve taken a programmatic approach toward debt reduction and return of capital. For the twelve months ended September 30, 2023, we reduced outstanding borrowings by more than $70 million, bringing our net leverage to 0.7x at the end of the third quarter, while using nearly $44 million for share repurchases. As previously stated, we will seek to maximize balance sheet optionality, while continuing to pursue the highest return opportunities available to us, including organic investments in rental fleet expansion, further debt reduction and further actions under our share repurchase authorization.”

“With the planned divestiture of our Fluids business, we are actively repositioning Newpark to become a pure-play, high growth specialty rental and services business serving the site and access market,” concluded Lanigan. “On a trailing twelve-month basis, the Industrial Solutions segment has generated $81 million of Adjusted EBITDA, deploying capital toward margin-enhancing growth opportunities that further enhance our unique value proposition. We remain constructive on the significant opportunities for growth in the year ahead as we further scale our vertically integrated platform across our energy infrastructure and industrial markets.”

BUSINESS UPDATE

Newpark is engaged in a multi-year business transformat

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Exhibit 99.1

NEWPARK RESOURCES REPORTS SECOND QUARTER 2023 RESULTS

THE WOODLANDS, Texas – August 1, 2023 – Newpark Resources, Inc. (NYSE: NR) (“Newpark” or the “Company”) today announced results for the second quarter ended June 30, 2023.

SECOND QUARTER 2023 RESULTS

(all comparisons versus the prior year period unless otherwise noted)

•Industrial Solutions segment revenue of $48.1 million, -2%; year-to-date $103.9 million, +23%

•Fluid Systems segment revenue of $135.2 million, -7%; year-to-date $279.4 million, -2%

•Net Income of $1.7 million, or $0.02 per diluted share

•Adjusted Net Income of $6.8 million, or $0.08 per diluted share

•Adjusted EBITDA of $19.8 million, +49%

•Adjusted EBITDA margin of 10.8%, +400 basis points

•Total Debt of $98 million, Net Debt of $76 million and Net Leverage of 0.9x as of June 30, 2023

•Repurchased $5 million of common equity under our share repurchase authorization; a total of $20 million repurchased year-to-date

MANAGEMENT COMMENTARY

“Through the first half of the year, our team demonstrated meaningful progress delivering on our commercial growth, operational excellence and capital allocation priorities, while continuing to scale an Industrial Solutions platform equipped to drive long-term value creation for our shareholders,” stated Matthew Lanigan, President and Chief Executive Officer of Newpark Resources.

“On a trailing twelve-month basis through the end of the second quarter, Industrial Solutions segment revenue and Adjusted EBITDA increased by 20% and 41%, respectively, while segment Adjusted EBITDA margin has improved by more than 500 basis points,” continued Lanigan. “Importantly, we remain in the early innings of our Industrial Solutions power transmission and critical infrastructure market penetration plan as we seek to accelerate organic growth, while we optimize asset utilization, maintain price discipline and capitalize on higher-margin rental opportunities.”

“Newpark continues to build a market-leading position within site and access support,” continued Lanigan. “While our composite matting technology and related support solutions remain core to our value proposition, our vision is to expand our high-value platform of site and access products and specialty rental solutions to further embed us as a tier-one supplier and partner to the multi-billion-dollar energy infrastructure and industrial markets.”

“As previously announced, we launched a formal strategic review of our Fluids Systems segment in June,” continued Lanigan. “Over the last year, we’ve reshaped Fluids into a more competitive, higher-return business by reducing costs and invested capital, exiting non-core markets, and focusing efforts within international regions where we are competitively advantaged. Our actions to date have meaningfully transformed the Fluids business, with 54% of first half 2023 revenues derived from our Eastern Hemisphere and Canada business units. While the opportunity and outlook for our capital-lite international Fluids business remains robust, we will continue to prioritize capital investment toward Industrial Solutions expansion opportunities, which continue to demonstrate superior return profiles.”

“In addition to the commercial momentum we’re seeing in our Industrial Solutions business, we’ve also continued to reduce costs across the organization, while improving organizational efficiency,” continued Lanigan. “As highlighted last quarter, we’ve implemented actions in the first half of the year to remove $6 million in annualized fixed overhead costs from our business, which we expect to be fully realized in our expense levels in the second half of the year. Additionally, in a scenario in which we successfully exit the

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Fluids business, we anticipate a further opportunity to simplify our overhead structure and drive a meaningful SG&A cost reduction within the remaining organization.”

“We continue to maintain a conservative, well-capitalized balance sheet to support the ongoing growth of our business,” stated Gregg Piontek, Senior Vice President and Chief Financial Officer. “Looking ahead, our primary capital allocation priorities include organic investments in rental fleet expansion and further reducing debt to support opportunistic growth investments within our industrial portfolio while continually evaluating repurchases under our share repurchase authorization.”

“With an expanding pipeline of near-term opportunities, together with a stable base of recurring projects within our existing customer base, we remain highly constructive on the outlook for our business entering the second half of the year,” concluded Lanigan.

BUSINESS UPDATE

Newpark is engaged in a multi-year business transformation plan designed to drive organic commercial growth within targeted, higher-margin product and rental markets; improve asset optimization and organizational efficiency; and pursue a capital allocation strategy

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Exhibit 99.1

NEWS RELEASE

Contacts: Gregg Piontek Senior Vice President and Chief Financial Officer Newpark Resources, Inc. gpiontek@newpark.com 281-362-6800

FOR IMMEDIATE RELEASE

NEWPARK RESOURCES REPORTS FIRST QUARTER 2023 RESULTS

Company reports net income of $0.06 per diluted share; Adjusted Net Income of $0.09 per diluted share

Cash flow from operating activities of $29 million; Free Cash Flow of $23 million

Industrial Solutions revenues increased 58% year-over-year

THE WOODLANDS, TX – May 2, 2023 – Newpark Resources, Inc. (NYSE: NR) (“Newpark” or the “Company”) today announced results for its first quarter ended March 31, 2023. Total revenues for the first quarter of 2023 were $200.0 million compared to $225.2 million for the fourth quarter of 2022 and $176.4 million for the first quarter of 2022. Net income for the first quarter of 2023 was $5.6 million, or $0.06 per diluted share. Net income was $9.0 million, or $0.10 per diluted share, for the fourth quarter of 2022, and $2.5 million, or $0.03 per diluted share, for the first quarter of 2022. Adjusted Net Income for the first quarter of 2023 was $0.09 per diluted share and Adjusted EBITDA was $21.0 million, as compared to Adjusted Net Income of $0.07 per diluted share and Adjusted EBITDA of $21.5 million in the fourth quarter of 2022, and Adjusted Net Loss of $0.00 per share and Adjusted EBITDA of $11.7 million in the first quarter of 2022.

Matthew Lanigan, Newpark’s President and Chief Executive Officer, stated, “Our first quarter continued the momentum from the fourth quarter, marked by solid performance both financially, and against our stated key initiatives. We also continued to return significant value to shareholders through the repurchase of nearly 4% of our outstanding shares in the quarter.

“Our Industrial Solutions segment delivered the strongest first quarter revenue performance in our history, validating the strength of our offering and the robustness of market demand. The utilities and industrial end-markets contributed nearly 80% of our first quarter Industrial Solutions revenues, and we are pleased with our progress to solidify Newpark as a leader in the development of sustainable technologies and services, supporting the energy transition. First quarter 2023 Industrial Solutions revenues included a $36 million contribution from rental and services and $19 million of product sales, resulting in segment operating income of $14.5 million and Adjusted EBITDA of $19.7 million for the quarter. Benefitting from 58% year-over-year revenue growth, the segment has delivered $213 million of revenues, $52 million of operating income and $74 million of Adjusted EBITDA over the trailing 12-month period. Additionally, we are pleased to highlight that we began to ramp up production of our new DURA-BASE® 800 seriesTM mat in the first quarter, which fully integrates with our existing DURA-BASE format and offers a nearly 15% reduction in weight, therefore driving further efficiency in transportation costs and associated carbon emissions without impacting product performance.”

Lanigan continued, “With the effect of the fourth quarter divestitures within the U.S., Fluids Systems delivered revenues of $144 million, operating income of $3.5 million and Adjusted EBITDA of $8.7 million in the first quarter. The first quarter included $69 million of revenues from U.S. land markets, $19 million from Canada, and $56 million from international operations, which included a quarterly record of $53 million from the EMEA region. Corporate office expense increased to $7.8 million in the

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first quarter, which includes nearly $1 million related to strategic planning activities and an organizational design project.

“Following the end of the first quarter, we’ve implemented several organizational changes to reduce the overhead structure for the evolving business, intended to streamline operational support, remove layers of management and simplify our business support activities to drive decision-making closer to the customer, particularly within Fluids Systems and the Corporate office. These recent actions are expected to generate $6 million of annualized recurring cost savings, with the benefits being realized over the next few quarters.

“Regarding cash flows, we had a very solid start to the year, reflecting the benefits of our recent divestitures and the ongoing business transformation. Cash flows from operating activities was $29 million for the quarter, driving Free Cash Flow of $23 million. Total capital expenditures were $7 million, roughly 95% of which was directed to support our Industrial Solutions expansion in the utilities sector. The usage of our Free Cash Flow and proceeds from divestitures was fairly balanced, with $15 million being used to reduce debt and another $15 million used to repurchase shares,” added Lanigan.

“As we look ahead to the second quarter, we expect Industrial Solution

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Exhibit 99.1

NEWS RELEASE

Contacts: Gregg Piontek Senior Vice President and Chief Financial Officer Newpark Resources, Inc. gpiontek@newpark.com 281-362-6800

FOR IMMEDIATE RELEASE

NEWPARK RESOURCES REPORTS FOURTH QUARTER 2022 RESULTS

Company reports revenues of $225 million, net income of $0.10 per diluted share

and Adjusted Net Income of $0.07 per diluted share

THE WOODLANDS, TX – February 16, 2023 – Newpark Resources, Inc. (NYSE: NR) (“Newpark” or the “Company”) today announced results for its fourth quarter ended December 31, 2022. Total revenues for the fourth quarter of 2022 were $225.2 million compared to $219.9 million for the third quarter of 2022 and $179.6 million for the fourth quarter of 2021. Net income for the fourth quarter of 2022 was $9.0 million, or $0.10 per diluted share, which includes $2.4 million of net income ($0.03 per diluted share) associated with previously disclosed divestiture transactions completed in the quarter. Adjusted Net Income for the fourth quarter of 2022 grew 27% sequentially to $0.07 per diluted share and Adjusted EBITDA improved 9% sequentially to $21.5 million. Net loss for the third quarter of 2022 was $24.6 million, or ($0.26) per share, which included $29.9 million of pre-tax charges ($29.8 million after-tax, $0.32 per diluted share). Net loss for the fourth quarter of 2021 was $3.7 million, or ($0.04) per share.

Matthew Lanigan, Newpark’s President and Chief Executive Officer, stated, “The fourth quarter provided a strong finish to 2022 with the successful closure of our key strategic divestitures and solid operating performances across our ongoing business segments. We also returned significant value to shareholders through the repurchase of nearly 5% of our outstanding shares.

“Our strong operational execution was led by Industrial Solutions, where robust demand from the utilities sector contributed to a 12% sequential growth in revenues. Rental and service revenues improved to $40 million for the fourth quarter of 2022, a 22% sequential increase and a 39% year-over-year increase, reflecting strength in utility infrastructure project activity combined with the benefit of favorable weather conditions, which extended rental projects and elevated rental fleet utilization to very strong levels. Product sales contributed $17 million of revenues for the fourth quarter of 2022, reflecting a decline from prior quarter and prior year, as utility customers elected to focus their remaining 2022 capital budgets on items that had been delayed by supply chain disruptions earlier in the year. Revenues from the utilities and other industrial end-markets reached a new quarterly record, coming in at $43 million for the fourth quarter. Benefitting from the extremely robust market environment, including a favorable revenue mix and improved pricing dynamics, the Industrial Solutions segment delivered operating income of $17.8 million and Adjusted EBITDA of $23.3 million for the quarter.”

Lanigan continued, “In Fluids Systems, while the fourth quarter was impacted by the partial-quarter results and some operational inefficiency associated with the divestitures, the U.S. land business delivered solid improvement. Segment revenues declined modestly to $168 million for the fourth quarter, as a $6 million decline from the divested operations was substantially offset by net improvements in other regions. Excluding the divested Excalibar business, U.S. land revenues improved $8 million sequentially, benefitting from growth across most regions. The divested Excalibar and Gulf of Mexico operations contributed $20 million of revenue and a $2.9 million operating loss in the fourth quarter of 2022, while

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the ongoing Fluids Systems segment operations delivered $148 million of revenues, a 4% sequential increase, and operating income of $7.7 million, which reflects a 5.2% operating margin.

“Regarding cash flows, we generated roughly $80 million of cash in the fourth quarter from the divested business units, including $71 million of cash proceeds from the divestiture transactions, reduced total debt by $47 million and used $18 million to fund share repurchases. Additionally, we expect roughly $30 million of cash flow in the first half of 2023 from the wind-down of remaining receivables and other working capital retained within the divested business units,” added Lanigan. “In terms of our continuing business operations, elevated receivable DSO’s in the U.S. Fluids business provided roughly a $10 million headwind to fourth quarter cash flows, though we expect this to reverse in the first quarter, providing an additional tailwind to 2023 Free Cash Flow generation.

“As we look to the year ahead, we expect to deliver solid Free Cash Flow, as we focus on executing our disciplined growth strategy, including the acceleration of our growth in the utilities sector, while also continuing to return excess cash generation to shareholders thr

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Exhibit 99.1

NEWS RELEASE

Contacts: Gregg Piontek Senior Vice President and Chief Financial Officer Newpark Resources, Inc. gpiontek@newpark.com 281-362-6800

FOR IMMEDIATE RELEASE

NEWPARK RESOURCES REPORTS THIRD QUARTER 2022 RESULTS

Company provides updates on Strategic Actions; Impairments drive reported net loss of ($0.26) per share;

Adjusted net income $0.06 per diluted share

THE WOODLANDS, TX – November 1, 2022 – Newpark Resources, Inc. (NYSE: NR) (“Newpark” or the “Company”) today announced results for its third quarter ended September 30, 2022. Total revenues for the third quarter of 2022 were $219.9 million compared to $194.1 million for the second quarter of 2022 and $151.8 million for the third quarter of 2021. Net loss for the third quarter of 2022 was $24.6 million, or ($0.26) per share, which includes $29.9 million of pre-tax charges ($29.8 million after-tax, $0.32 per share). Adjusted net income for the third quarter of 2022 was $5.2 million, or $0.06 per diluted share. Net loss for the second quarter of 2022 was $7.8 million, or ($0.08) per share, which included $9.1 million of pre-tax charges ($8.8 million after-tax, $0.09 per share). Net loss for the third quarter of 2021 was $10.5 million, or ($0.11) per share, which included $4.3 million of pre-tax charges ($4.3 million after-tax, $0.05 per share).

Matthew Lanigan, Newpark’s President and Chief Executive Officer, stated, “Our third quarter demonstrated solid execution on several fronts, including significant progress on the handful of critical priorities that we laid out on our August call and meaningful improvements in operational performance, achieving our strongest quarterly results since early 2019. Consolidated revenues increased 13% sequentially to $220 million in the third quarter of 2022, delivering Adjusted EBITDA of $19.6 million, and Adjusted EPS of $0.06 per diluted share.

“Our Industrial Solutions business continues to perform at a high level, delivering 5% sequential growth in revenues, as the penetration of the utilities sector along with improvements in E&P customer activity offset the typical seasonal lull in utility T&D project activity in the Southern U.S. Rental and service revenues improved 9% sequentially to $33 million, while product sales remained relatively in-line with prior quarter at $18 million. The Industrial Solutions segment delivered operating income of $10.0 million and EBITDA of $15.4 million for the third quarter of 2022.”

Lanigan continued, “The Fluids Systems segment revenues increased 16% sequentially, reflecting double-digit percentage growth in both North America land and EMEA regions, along with improvements from the Excalibar mineral grinding business. Fluids Systems revenues from North America land markets excluding Excalibar, increased by 14% sequentially to $88 million, while international revenues improved 13% to $55 million. The Excalibar and Gulf of Mexico operations contributed a combined $26 million of revenues in the third quarter and incurred a $32 million operating loss, including a $29 million impairment charge. The Fluids Systems segment delivered adjusted EBITDA of $8.8 million for the third quarter of 2022, which includes a combined loss of $1.1 million from the Excalibar and Gulf of Mexico operations.

“Regarding cash flows, we generated solid cash flow in much of the business, although necessary working capital increases within the Excalibar and Gulf of Mexico business units used approximately $15

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million, weighing on our operating and Free Cash Flow generation. Revenue-driven growth in receivables, primarily from our Fluids business, also served to limit cash flow generation in the quarter, though I’m pleased to note that our receivable DSO’s have improved for the third consecutive quarter, currently standing 11 days below the start of the year.

“Looking ahead, we expect our pending divestitures will provide cash proceeds of approximately $80 million within the next quarter, while also simplifying our business in transition to a more agile and capital-light model capable of consistent Free Cash Flow generation. We anticipate using the cash proceeds from our divestitures to reduce our debt, accelerate investment in higher returning opportunities, and return value to shareholders through share repurchases," concluded Lanigan.

Strategic Actions Update

As previously disclosed, the Company initiated several strategic actions earlier this year, intended to enhance profitability and returns on invested capital. The Company provided the following updates on these strategic actions.

U.S. Mineral Grinding Business – As previously announced, the Company entered into a definitive agreement in October 2022 to sell substantially all of the long-lived assets, inventory and operations of its Excalibar U.S. mineral grinding business (“Excalibar”). As of September 30, 2022, the Excalibar business had $65 million of net assets, in

EX-99.1

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Document

Exhibit 99.1

NEWS RELEASE

Contacts: Gregg Piontek Senior Vice President and Chief Financial Officer Newpark Resources, Inc. gpiontek@newpark.com 281-362-6800

FOR IMMEDIATE RELEASE

NEWPARK RESOURCES REPORTS SECOND QUARTER 2022 RESULTS

Company reports net loss of ($0.08) per share; Adjusted net income of $0.01 per diluted share

THE WOODLANDS, TX – August 2, 2022 – Newpark Resources, Inc. (NYSE: NR) (“Newpark” or the “Company”) today announced results for its second quarter ended June 30, 2022. Total revenues for the second quarter of 2022 were $194.1 million compared to $176.4 million for the first quarter of 2022 and $142.2 million for the second quarter of 2021. Net loss for the second quarter of 2022 was $7.8 million, or ($0.08) per share, compared to net income of $2.5 million, or $0.03 per diluted share, for the first quarter of 2022, and a net loss of $6.0 million, or ($0.07) per share, for the second quarter of 2021.

Adjusted net income for the second quarter of 2022 was $1.1 million, or $0.01 per diluted share. Second quarter 2022 results include $9.1 million of pre-tax charges ($8.8 million after-tax, $0.09 per share), including $8.9 million for the Industrial Blending segment primarily related to the impairment of assets, as well as exit and other costs associated with the Conroe, Texas industrial blending and warehouse facility. As previously announced, the Company shut down the Industrial Blending operations in March 2022 and is divesting of the assets.

Matthew Lanigan, Newpark’s President and Chief Executive Officer, stated, “Our second quarter performance demonstrated progress in both of our businesses, with strong execution and improving market fundamentals contributing to a 10% sequential increase in revenues and continued improvement in EBITDA within our core business activities. Consolidated revenues were $194 million for the second quarter of 2022, delivering Adjusted EBITDA of $13.3 million.

“The Industrial Solutions segment revenues improved by 38% sequentially to $49 million in the second quarter, benefitting from $19 million in second quarter product sales, reflective of robust demand from the utilities sector, along with the benefit of a shift in delivery of certain first quarter orders into April. Rental and service revenues declined slightly from the prior quarter, as the strong start to the quarter was offset by the impact from the dry and warm weather pattern in the Southern U.S., as well as unanticipated delays in customer projects associated with various supply chain disruptions. The Industrial Solutions segment delivered $9.8 million of operating income and EBITDA of $15.1 million for the second quarter of 2022.”

Lanigan continued, “The Fluids Systems segment revenues improved by 3% sequentially, as the seasonal pullback in Canada through Spring break-up was more than offset by solid revenue growth in U.S. land markets and a $5 million increase in the Gulf of Mexico. Outside of North America, revenues improved slightly to $49 million in the second quarter, with improvements from Asia Pacific and the start-up of the previously-disclosed project in Cyprus being mostly offset by lower activity in Kuwait and parts of Europe, as well as the impact of the strengthening U.S. dollar. Operating income and EBITDA for the Fluids Systems segment declined to $0.4 million and $4.3 million, respectively, with profitability negatively impacted by Spring break-up in Canada, a softer product mix, as well as an elevated operating

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loss in the Gulf of Mexico. The second quarter Gulf of Mexico result reflects a combination of incremental costs incurred to meet a tight deepwater project timeline, with unrelated operational issues ultimately leading the customer to delay and reduce the scope of the planned drilling project, and return unused inventory. The operating loss from our Gulf of Mexico operations increased approximately $1 million in the second quarter, overshadowing the solid progress we’re making in other areas.

“Regarding cash flows, operating activities used cash of $26 million in the second quarter, primarily reflecting an increase in working capital. Inventories used $24 million of cash in the quarter, reflecting ongoing inflation in raw material costs, activity-driven increases, and increased vendor prepayments on purchases, as well as higher levels of contingency stocks to ensure our ability to deliver for our customers as drilling activity recovers. Our U.S. mineral grinding business and Gulf of Mexico operations contributed $10 million of the sequential increase in inventories. Receivables also used $11 million of cash in the quarter, as the impact from the higher revenues was partially offset by a meaningful improvement in receivable DSO’s,” added Lanigan. “Looking ahead, we expect revenues and income to strengthen and a return to positive operating cash flow generation in the third quarter, primarily benefitting from

EX-99.1

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EX-99.1

Document

Exhibit 99.1

NEWS RELEASE

Contacts: Gregg Piontek Senior Vice President and Chief Financial Officer Newpark Resources, Inc. gpiontek@newpark.com 281-362-6800

FOR IMMEDIATE RELEASE

NEWPARK RESOURCES REPORTS FIRST QUARTER 2022 RESULTS

Company reports revenues of $176 million, operating income of $1.0 million, net income of $2.5 million, and EBITDA of $11.4 million; Completes U.S. bank facility amendment

THE WOODLANDS, TX – May 3, 2022 – Newpark Resources, Inc. (NYSE: NR) (“Newpark” or the “Company”) today announced results for its first quarter ended March 31, 2022. Total revenues for the first quarter of 2022 were $176.4 million compared to $179.6 million for the fourth quarter of 2021 and $141.2 million for the first quarter of 2021. Net income for the first quarter of 2022 was $2.5 million, or $0.03 per diluted share, compared to a net loss of $3.7 million, or ($0.04) per share, for the fourth quarter of 2021, and a net loss of $5.4 million, or ($0.06) per share, for the first quarter of 2021. The first quarter 2022 results include the impact of the following:

•As a result of the restructuring of certain subsidiary legal entities within Europe, the provision for income taxes includes an income tax benefit of $3.1 million as the undistributed earnings for an international subsidiary are no longer subject to certain taxes upon future distribution; and

•An operating loss of $0.9 million and EBITDA loss of $0.6 million for the Industrial Blending business. As previously announced, the Company shut down the Industrial Blending operations in March 2022 and is divesting of the assets, which is reported within the Industrial Solutions segment.

Combined, the above items provided a $0.03 net benefit to earnings per diluted share for the first quarter of 2022.

Matthew Lanigan, Newpark’s President and Chief Executive Officer, stated, “We are very encouraged by our performance in the first quarter, which reflects improving market fundamentals across both of our business segments, as well as the impact from our continued execution on our key strategic priorities. Consolidated revenues decreased 2% sequentially to $176 million in the first quarter, reflecting the anticipated seasonal pullback in Industrial Solutions product sales, largely offset by strong growth in the Fluids Systems segment. Despite the modest pullback in revenues, the first quarter consolidated operating income and EBITDA represent our strongest quarterly result since the third quarter of 2019.

“The Industrial Solutions segment revenues declined 31% sequentially to $35 million in the first quarter, reflecting an $18 million sequential decline from the anticipated seasonal pullback in product sales following the year-end strength in the utilities sector, which was further impacted by the shipment of some Q1 orders shifting into April. The decline from product sales was somewhat offset by an 8% sequential improvement in rental and service revenues, including 17% sequential growth from the targeted utilities and industrial end-markets, which benefitted from our previously announced fourth quarter acquisition in the Northeast and the start-up of large-scale projects in the South. The Industrial Solutions segment delivered $5.5 million of operating income and $11.2 million of EBITDA in the first quarter,

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which includes a $0.9 million operating loss and $0.6 million EBITDA loss associated with the Industrial Blending operation.”

Lanigan continued, “The Fluids Systems segment revenues improved 10% sequentially, driven by broad-based growth across several key markets. In North America, revenues improved by 13% sequentially to $93 million, including 10% growth from U.S. land and 34% from Canada. These improvements were partially offset by a modest revenue decline in the Gulf of Mexico, driven by further project delays. International revenues improved 6% sequentially to $48 million in the first quarter, driven primarily by higher activity in Europe and Africa. Despite absorbing an increasing headwind from raw material cost inflation on certain long-term international contracts for which customer pricing is fixed, the Fluids Systems segment operating income improved to $3.4 million, delivering $7.4 million of EBITDA, reflecting the impact of the stronger revenues along with pricing and cost actions in North America. Corporate office expenses also declined by $1.5 million sequentially to $7.9 million in the first quarter, though the first quarter included $0.7 million of legal and professional expenses associated with shareholder, acquisition and divestiture matters.

“Regarding cash flows, operating activities provided cash of $3 million in the first quarter, including $5 million of cash used to fund an increase in net working capital. Although receivable DSO’s improved sequentially, activity-driven increases in inventories used $15 million of cash, including international Fluids Systems purchases

EX-99.1

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EX-99.1

Document

Exhibit 99.1

NEWS RELEASE

Contacts: Gregg Piontek Senior Vice President and Chief Financial Officer Newpark Resources, Inc. gpiontek@newpark.com 281-362-6800

FOR IMMEDIATE RELEASE

NEWPARK RESOURCES REPORTS FOURTH QUARTER 2021 RESULTS

Revenues improve 18% sequentially; Fluids Systems returns to profitability

Company provides update on ongoing strategic portfolio review

THE WOODLANDS, TX – February 17, 2022 – Newpark Resources, Inc. (NYSE: NR) (“Newpark” or the “Company”) today announced results for its fourth quarter ended December 31, 2021. Total revenues for the fourth quarter of 2021 were $179.6 million compared to $151.8 million for the third quarter of 2021 and $129.7 million for the fourth quarter of 2020. Net loss for the fourth quarter of 2021 was $3.7 million, or ($0.04) per share, compared to net loss of $10.5 million, or ($0.11) per share, for the third quarter of 2021, and net loss of $18.4 million, or ($0.20) per share, for the fourth quarter of 2020.

Fourth quarter 2021 operating results include $0.02 per share in after-tax charges including the impact of $0.9 million of pre-tax restructuring related charges in the Fluids Systems segment and $0.9 million of incremental pre-tax expenses in the Industrial Solutions segment related to a multi-year sales tax audit and insurance reserves.

Paul Howes, Newpark’s Chief Executive Officer, stated, “Our fourth quarter results reflect the benefit of our continued expansion in the power transmission market, as well as the improving market dynamics in the global oil and gas sector. Consolidated revenues increased 18% sequentially to $180 million in the fourth quarter, benefiting from strong growth in both the Industrial Solutions and Fluids Systems segments.

“The Industrial Solutions segment generated $52 million of revenues in the fourth quarter, reflecting an 18% sequential improvement, benefiting from the anticipated year-end strength for Site and Access Solutions product sales into the utilities sector. The Industrial Solutions segment operating margin declined modestly to 16% in the fourth quarter, impacted by the anticipated headwind from elevated raw materials costs and the lack of industrial blending production volume, as well as the elevated expenses associated with the sales tax audit and insurance reserves.”

Howes continued, “The Fluids Systems segment revenues also improved 18% sequentially, driven by broad-based growth across most of our key markets. In North America, revenues improved by 17% sequentially to $83 million, including 21% sequential growth from both U.S. land and Canada. These improvements were partially offset by a $2 million decline in the Gulf of Mexico, driven by further project delays with a primary customer experiencing drillship mechanical issues. International revenues improved 21% sequentially to $45 million in the fourth quarter, driven primarily by increased activities in North Africa. As a result of the revenue improvement and ongoing cost reduction efforts, the Fluids Systems segment returned to positive operating income, despite incurring the restructuring charges. Corporate office expenses were also elevated in the fourth quarter, primarily reflecting higher long-term incentive expense driven by the Company’s share price performance relative to our peer group, as well as increased legal and professional expenses, primarily attributable to M&A activity and the restructuring of certain subsidiary legal entities within Europe.

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“Regarding cash flows, operating activities used cash of $17 million in the fourth quarter, including a $35 million increase in receivables driven by the higher revenue level. Receivable DSO’s remained elevated in the fourth quarter, due in part to the timing of large projects and product sales within the quarter, though we expect DSO’s will normalize in the first quarter and provide a favorable tailwind for cash generation,” added Howes. “Net cash used in investing activities were $10 million in the fourth quarter, including $13 million to fund a strategic acquisition in the Industrial Solutions segment which expands our geographic reach in the Northeast and strengthens our utility industry customer base.”

Strategic Review Update

As part of the ongoing business and portfolio review, the Company announced that the Board of Directors recently approved two near-term actions intended to enhance liquidity available for investment in higher returning businesses, as the Company remains focused on taking the necessary steps to improve returns on invested capital and enhance long-term value for shareholders. These actions include winding down our industrial blending operations in the next few months and pursuing the sale of the industrial blending and warehouse facility and related equipment located in Conroe, Texas. Industrial blending contributed $9 million of revenues in 2021 while incurring a $2 million operating loss and ended the yea