NPK International (NYSE:NPKI) Releases Quarterly Earnings Results, Meets Expectations

NPK International (NYSE:NPKI) issued its earnings results on Wednesday. The company reported $0.08 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.08, Zacks reports. NPK International had a negative net margin of 28.47% and a positive return on equity of 5.93%.

NPK International Stock Down 0.8 %

NYSE:NPKI traded down $0.05 during mid-day trading on Wednesday, hitting $6.30. 667,504 shares of the company’s stock were exchanged, compared to its average volume of 510,903. The company has a market cap of $544.93 million, a PE ratio of -3.44 and a beta of 2.89. NPK International has a fifty-two week low of $6.18 and a fifty-two week high of $8.65. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.29 and a quick ratio of 2.00.

NPK International Company Profile

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.