NPK International Inc. (NPKI) Reports Second-Quarter 2025 Results; B. Riley Raises PT to $12.50

NPK International Inc. (NYSE:NPKI) is included in our list of the 13 Hot Oil Stocks to Buy Now.

NPK International Inc. (NPKI) Reports Second-Quarter 2025 Results; B. Riley Raises PT to $12.50

A drilling rig in an oil field, the sun setting over the horizon.

On August 5, 2025, NPK International Inc. (NYSE:NPKI) reported its Q2 2025 results. A 34% increase in rental revenues to a record $31.7 million helped the company record total revenue of $68.2 million. Meanwhile, its income from continuing operations reached $8.8 million ($0.10 per diluted share) and adjusted EBITDA increased to $18.8 million (27.5% margin).

During the quarter, NPK International Inc. (NYSE:NPKI) recorded an operating cash flow of $21.4 million, ending Q2 with $26 million in cash, $9.3 million in debt, and $175 million in available liquidity. Thanks to the strong outlook for utility and critical infrastructure demand, the company raised its full-year guidance to $250-$260 million in revenue and $68-$74 million in adjusted EBITDA. At the same time, NPK’s capital allocation included a 5% rental fleet expansion and $6 million in share repurchases.

Following the strong quarterly results, B. Riley raised its price target on NPK International Inc. (NYSE:NPKI) from $11 to $12.50, maintaining a ‘Buy’ rating.

NPK International Inc. (NYSE:NPKI) delivers full-service solutions for oil and gas operations. It is included in our list of the hot stocks to buy.

While we acknowledge the potential of NPKI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NPKI and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 13 Best Oil Refinery Stocks to Buy Right Now and 7 Best Potash Stocks to Buy According to Analysts.

Disclosure: None.