Newpark Resources is engaged in providing products, rentals, and services primarily to the oil and natural gas exploration and production (E&P) industry. The company has two reportable segments: Fluids Systems, which provides customized drilling, completion, and stimulation fluids solutions to E&P customers; and Mats and Integrated Services, which provides composite mat rentals utilized for temporary worksite access, along with related site construction services to customers in various markets including E&P, electrical transmission & distribution, pipeline, solar, petrochemical, and construction industries across North America and Europe. The company also sells composite mats to customers around the world.
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