NPK International (NPKI) AI Stock Analysis

• Market Cap: $726.05M
• Dividend Yield: N/A
• Average Volume (3M): 886.26K
• Price to Earnings (P/E): 15.3
• Beta (1Y): 1.09
• Revenue Growth: -51.92%
• EPS Growth: 195.98%
• Country: US
• Employees: 460
• Sector: Energy
• Sector Strength: 55
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 0.12
• Shares Outstanding: 84,522,675
• 10 Day Avg. Volume: 1,147,664
• 30 Day Avg. Volume: 886,264
• PEG Ratio: -2.66
• Price to Book (P/B): 2.06
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -143.10
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $11.50
• Price Target Upside: 38.89% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

NPK International's stock performance is buoyed by strong technical indicators and a positive earnings call outlook, despite financial challenges. The stock's valuation appears reasonable, providing an opportunity for recovery. However, profitability issues and potential risks in the Oil and Gas sector warrant caution.

Positive Factors

Financial Performance

The company's financials should benefit from lower taxes and lower operational costs going into 2026.

Investor Attraction

The stock remains attractively valued at current levels and the cleaner story with higher margins combined with a share buyback in place should begin to attract investor attention.

Market Positioning

The company's results reflect its favorable market positioning in the ongoing power and infrastructure investments being made across the U.S.

Negative Factors

Revenue Impact

Revenues in the quarter were impacted mainly by certain customers shifting their priorities from scheduled transmission projects to renewable generation projects and unfavorable weather conditions in Southeast United States.

NPK International Business Overview & Revenue Model

Company Description

NPK International Inc. provides products, rentals, and services primarily to the oil and natural gas exploration and production (E&P) industry. It operates through two segments, Fluids Systems and Industrial Solutions. The Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers primarily in the North America, Europe, the Middle East, and Africa, as well as other countries in the Asia Pacific and Latin America. The Industrial Solutions segment offers composite matting system rentals utilized for temporary worksite access; related site construction and services to customers in various markets, including power transmission, E&P, pipeline, renewable energy, petrochemical, construction, and other industries primarily in the United States and Europe; recyclable composite mats to customers worldwide; and access road construction, site planning and preparation, environmental protection, erosion control, and site restoration services. The company was formerly known as Newpark Resources, Inc. and changed its name to NPK International Inc. in December 2024. The company was incorporated in 1932 and is headquartered in The Woodlands, Texas.

How the Company Makes Money

NPK International makes money primarily through the sale of its fertilizer products to a diverse customer base, including farmers, agricultural enterprises, and retail distributors. The company's revenue model is centered around both direct sales and long-term supply agreements with key agricultural players, ensuring a steady demand for its products. NPKI maintains significant partnerships with global agricultural cooperatives, enabling access to large-scale distribution networks and enhancing its market reach. Additionally, the company invests in research and development to innovate and improve its product offerings, which helps to maintain competitive pricing and attract a loyal customer base. External factors such as global agricultural trends and government regulations on farming practices also play a role in influencing NPKI's earnings.

NPK International Financial Statement Overview

Summary

NPK International faces significant challenges across its financial statements, with ongoing profitability issues as a core concern. The income statement reflects volatility and negative net income, while the balance sheet is strong with low leverage. Cash flow performance is mixed, with positive operating cash flow but negative free cash flow, potentially constraining growth.

Income Statement

The income statement reflects a challenging period for NPK International, with a negative net profit margin in recent periods, primarily due to consistent net losses, as evidenced by a negative net income in TTM and annual data. Revenue growth has been volatile, with significant declines in the recent TTM period compared to the previous year. Although the company has maintained a stable gross profit margin, the negative net profit indicates underlying profitability issues.

Balance Sheet

NPK International's balance sheet shows a relatively strong equity position with a high equity ratio, indicating a solid foundation. The debt-to-equity ratio is low, suggesting manageable leverage and reduced financial risk. However, the return on equity is negative, reflecting ongoing profitability challenges that could impact future growth potential.

Cash Flow

The cash flow statement indicates mixed performance. Operating cash flow remains positive, suggesting adequate cash generation from core operations. However, free cash flow is negative in the TTM period, which could constrain investment and growth opportunities. The free cash flow to net income ratio is unfavorable due to the negative net income, highlighting ongoing profitability concerns.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
113.16M	217.49M	749.60M	815.59M	614.78M	492.63M
	Gross Profit
67.86M	77.13M	138.54M	121.54M	85.23M	19.37M
	EBIT
34.02M	32.35M	33.63M	28.29M	-8.82M	-63.91M
	EBITDA
59.04M	59.01M	64.73M	29.19M	32.80M	-36.28M
	Net Income Common Stockholders
-147.55M	-150.26M	14.52M	-20.83M	-25.53M	-80.70M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
20.83M	17.76M	38.59M	23.18M	24.09M	24.20M
	Total Assets
390.01M	393.68M	642.34M	714.88M	752.89M	709.19M
	Total Debt
18.55M	18.62M	92.44M	133.93M	137.16M	112.23M
	Net Debt
-2.28M	867.00K	53.84M	110.75M	113.07M	88.03M
	Total Liabilities
63.12M	67.19M	226.97M	291.85M	290.50M	221.16M
	Stockholders Equity
326.89M	326.50M	415.36M	423.03M	462.39M	488.03M
Cash Flow		Free Cash Flow
-4.61M	-5.36M	70.77M	-53.29M	-24.81M	40.00M
	Operating Cash Flow
35.05M	38.17M	100.00M	-25.02M	-3.01M	55.79M
	Investing Cash Flow
26.42M	8.26M	-5.69M	46.23M	-17.48M	-3.40M
	Financing Cash Flow
-79.15M	-66.88M	-81.05M	-24.93M	21.41M	-77.94M

NPK International Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.28
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NPKI, the sentiment is Positive. The current price of 8.28 is above the 20-day moving average (MA) of 6.97, above the 50-day MA of 6.21, and above the 200-day MA of 7.04, indicating a bullish trend. The MACD of 0.73 indicates Negative momentum. The RSI at 72.91 is Negative, neither overbought nor oversold. The STOCH value of 84.49 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NPKI.

NPK International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RNGR	70 Outperform	$272.00M	13.80	7.41%	1.74%	-7.56%	30.51%
TTI	69 Neutral	$400.55M	3.56	55.55%	―	-4.08%	429.70%
NESR	67 Neutral	$622.32M	―	1.53%	―	―	―
NPKI	65 Neutral	$726.05M	15.32	11.04%	―	-51.92%	195.98%
CLB	61 Neutral	$571.03M	20.38	11.54%	0.33%	1.32%	-33.17%
Sector *	56 Neutral	$7.25B	3.36	-3.66%	5.65%	0.66%	-50.71%
PUMP	53 Neutral	$628.65M	―	-16.24%	―	-13.32%	-309.35%

NPK International Corporate Events

NPK International Holds Annual Stockholders Meeting

On May 15, 2025, NPK International Inc. held its Annual Meeting of Stockholders where several key proposals were voted on. The stockholders elected eight directors to serve until the 2026 meeting, approved the executive officer compensation on an advisory basis, and ratified Deloitte & Touche LLP as the independent registered public accounting firm for 2025.

The most recent analyst rating on (NPKI) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on NPK International stock, see the NPKI Stock Forecast page.

Spark’s Take on NPKI Stock

According to Spark, TipRanks’ AI Analyst, NPKI is a Neutral.

NPK International’s stock performance is buoyed by strong technical indicators and a positive earnings call outlook, despite financial challenges. The stock’s valuation appears reasonable, providing an opportunity for recovery. However, profitability issues and potential risks in the Oil and Gas sector warrant caution.

To see Spark’s full report on NPKI stock, click here.

NPK International Reports Strong Q1 2025 Financial Performance

NPK International Inc. reported a strong financial performance for the trailing twelve months ending in Q1 2025, with a total revenue of $233 million and an adjusted EBITDA of $62 million, reflecting significant year-over-year growth. The company completed the sale of its Fluids Systems segment on September 13, 2024, and continues to focus on expanding its services in the utilities sector, leveraging its largest composite fleet in the U.S. to meet the growing demand in power transmission and infrastructure markets.

Spark’s Take on NPKI Stock

According to Spark, TipRanks’ AI Analyst, NPKI is a Neutral.

NPKI’s overall score of 57 reflects a company facing significant financial challenges but with potential for recovery. Financial performance is strained by declining revenues and profitability issues, but technical analysis and valuation indicate the stock is not overpriced. Positive earnings call sentiment and strategic initiatives provide a counterbalance to financial concerns.

To see Spark’s full report on NPKI stock, click here.

NPK International Expands Board with New Appointment

On March 10, 2025, NPK International Inc. expanded its Board of Directors by appointing Joseph A. Cutillo as a new member, increasing the board size from seven to eight directors. Mr. Cutillo, with over 30 years of experience in infrastructure and construction projects, is expected to bring valuable insights to NPK’s growth strategy, particularly in scaling businesses within critical infrastructure markets. His appointment aligns with NPK’s goals of transforming its specialty rental and services platform, enhancing shareholder value through strategic execution and operational excellence.

NPK International Sells Fluids Systems Segment

On September 13, 2024, NPK International completed the sale of its Fluids Systems segment, which is now reported under discontinued operations. The company reported a 5% year-over-year revenue growth in 2024, with a total revenue of $217 million and an adjusted EBITDA of $55 million, reflecting a 12% growth. NPK International continues to focus on expanding its services in the utilities sector and maintaining its position as a leader in the composite matting industry. The company emphasizes safety, service quality, and environmental sustainability, leveraging its vertically integrated model to support diverse end-markets such as oil & gas, power transmission, and infrastructure construction.