NPK International ( (NPKI) ) just unveiled an update.
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.
More about NPK International
NPK International is a specialty rental and services company providing temporary worksite access solutions to power and infrastructure markets. The company manufactures, sells, and rents recyclable composite matting products, offering a comprehensive suite of services including planning, logistics, and site restoration. With a global footprint and headquarters in The Woodlands, TX, NPK International is known for its flagship product, DURA-BASE®, a recyclable composite matting solution.
YTD Price Performance: -16.88%
Average Trading Volume: 560,947
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $549.3M
Learn more about NPKI stock on TipRanks’ Stock Analysis page.