About Keane Group (NASDAQ:FRAC)
Keane Group, Inc. is provider of integrated well completion services in the United States, with a focus on demanding completion solutions. The Company's segments include Completion Services, which comprises hydraulic fracturing and wireline divisions, and Other Services, which consists of coiled tubing, cementing and drilling divisions. It provides hydraulic fracturing and wireline services pursuant to contractual arrangements, such as term contracts and pricing agreements, or on a spot market basis. It provides certain complementary services such as coiled tubing, cementing and drilling pursuant to contractual arrangements, such as term contracts on a spot basis. Its primary services include horizontal and vertical fracturing, wireline perforation and logging and engineered solutions, as well as other value-added service offerings. As of July 3, 2017, the Company had approximately 1.2 million hydraulic horsepower spread across 23 hydraulic fracturing fleets and 31 wireline trucks.
Industry, Sector and Symbol:
- Sector: Energy
- Industry: Oil Related Services
- Sub-Industry: N/A
- Symbol: NASDAQ:FRAC
- CUSIP: N/A
- Web: keanegrp.com/
- Market Cap: $1.68 billion
- Outstanding Shares: 111,831,000
- 50 Day Moving Avg: $15.28
- 200 Day Moving Avg: $14.86
- 52 Week Range: $12.42 - $22.93
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 13.09
- P/E Growth: 4.20
- Annual Revenue: $831.08 million
- Price / Sales: 2.03
- Book Value: $3.17 per share
- Price / Book: 4.75
- EBITDA: $49.2 million
- Net Margins: -3.68%
- Return on Equity: -14.38%
- Return on Assets: -7.52%
- Average Volume: 845,585 shs.
- Short Ratio: 10.27
Frequently Asked Questions for Keane Group (NASDAQ:FRAC)
What is Keane Group's stock symbol?
Keane Group trades on the NASDAQ under the ticker symbol "FRAC."
How were Keane Group's earnings last quarter?
Keane Group Inc (NASDAQ:FRAC) announced its quarterly earnings data on Monday, July, 31st. The company reported ($0.01) earnings per share for the quarter, beating analysts' consensus estimates of ($0.07) by $0.06. The business had revenue of $323.10 million for the quarter, compared to analyst estimates of $316.71 million. Keane Group had a negative return on equity of 14.38% and a negative net margin of 3.68%. Keane Group's quarterly revenue was up 34.5% compared to the same quarter last year. View Keane Group's Earnings History.
Where is Keane Group's stock going? Where will Keane Group's stock price be in 2017?
19 analysts have issued 12 month price objectives for Keane Group's stock. Their forecasts range from $16.00 to $30.00. On average, they expect Keane Group's stock price to reach $20.83 in the next year. View Analyst Ratings for Keane Group.
Who are some of Keane Group's key competitors?
Some companies that are related to Keane Group include Amec Foster Wheeler PLC (AMFW), SEACOR Holdings (CKH), Hunting plc (HTG), Select Energy Services (WTTR), RigNet (RNET), Willbros Group (WG), CGG (CGG), North American Energy Partners (NOA), Cypress Energy Partners, L.P. (CELP), Profire Energy (PFIE), Plexus Holdings PLC (POS), Quadrise Fuels International Plc (QFI) and CGG SA (CGV).
Who are Keane Group's key executives?
Keane Group's management team includes the folowing people:
- James C. Stewart, Chairman of the Board, Chief Executive Officer
- Gregory L. Powell, President, Chief Financial Officer
- M. Paul DeBonis Jr., Chief Operating Officer
- Kevin M. McDonald, Executive Vice President, General Counsel and Secretary
- Phung Ngo-Burns, Principal Accounting Officer, Treasurer
- Ian J. Henkes, Vice President - Human Resources
- James J. Venditto, Vice President - Engineering and Technology
- Marc G. R. Edwards, Lead Independent Director
- Lucas N. Batzer, Director
- Dale M. Dusterhoft, Director
When did Keane Group IPO?
(FRAC) raised $301 million in an initial public offering (IPO) on Friday, January 20th 2017. The company issued 16,700,000 shares at a price of $17.00-$19.00 per share. Citigroup, Morgan Stanley, BofA Merrill Lynch and J.P. Morgan acted as the underwriters for the IPO and Wells Fargo Securities, Simmons & Company International (Energy Specialists of Piper Jaffray), Houlihan Lokey, Guggenheim Securities, Scotia Howard Weil and Stephens were co-managers.
Who owns Keane Group stock?
Who bought Keane Group stock? Who is buying Keane Group stock?
How do I buy Keane Group stock?
Shares of Keane Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Keane Group's stock price today?
MarketBeat Community Rating for Keane Group (NASDAQ FRAC)MarketBeat's community ratings are surveys of what our community members think about Keane Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Keane Group stock can currently be purchased for approximately $15.05.
Consensus Ratings for Keane Group (NASDAQ:FRAC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 8 Hold Ratings, 10 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.47)|
|Consensus Price Target: ||$20.83 (38.43% upside)|Consensus Price Target History for Keane Group (NASDAQ:FRAC)
Analysts' Ratings History for Keane Group (NASDAQ:FRAC)
(Data available from 10/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/6/2017||Barclays PLC||Initiated Coverage||Underweight -> Underweight||$16.00||N/A|
|10/5/2017||Citigroup Inc.||Set Price Target||Hold||$14.00 -> $18.00||N/A|
|10/5/2017||Jefferies Group LLC||Initiated Coverage||Buy -> Buy||$20.00||N/A|
|9/19/2017||Piper Jaffray Companies||Reiterated Rating||Buy||$18.00||Low|
|9/12/2017||J P Morgan Chase & Co||Boost Price Target||Overweight||$22.00 -> $23.00||Medium|
|8/1/2017||Scotiabank||Set Price Target||Hold||$21.00||Medium|
|7/27/2017||Capital One Financial Corporation||Reiterated Rating||Overweight||Medium|
|6/23/2017||Iberia Capital||Initiated Coverage||Outperform||$19.00||Low|
|6/21/2017||Morgan Stanley||Reiterated Rating||Overweight||$25.00 -> $22.00||Low|
|6/5/2017||Susquehanna Bancshares Inc||Initiated Coverage||Neutral -> Neutral||$17.00||Medium|
|4/26/2017||R. F. Lafferty||Initiated Coverage||Buy||$22.00||High|
|4/12/2017||BMO Capital Markets||Initiated Coverage||Market Perform||$17.00||Medium|
|3/10/2017||Bank of America Corporation||Upgrade||Neutral -> Buy||$23.00||Low|
|2/14/2017||Scotia Howard Weill||Initiated Coverage||Sector Perform||$24.00||N/A|
|2/14/2017||Wells Fargo & Company||Initiated Coverage||Outperform||$27.00||N/A|
Earnings History for Keane Group (NASDAQ:FRAC)Earnings History by Quarter for Keane Group (NASDAQ FRAC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/31/2017||Q2 2017||($0.07)||($0.01)||$316.71 million||$323.10 million||View||N/A|
Earnings Estimates for Keane Group (NASDAQ:FRAC)
2017 EPS Consensus Estimate: $0.50
2018 EPS Consensus Estimate: $1.09
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Keane Group (NASDAQ:FRAC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Keane Group (NASDAQ:FRAC)Insider Trades by Quarter for Keane Group (NASDAQ:FRAC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|1/25/2017||Keane Investor Holdings Llc||Major Shareholder||Sell||15,074,000||$19.00||$286,406,000.00|| |
Headline Trends for Keane Group (NASDAQ:FRAC)
Latest Headlines for Keane Group (NASDAQ:FRAC)
Loading headlines, please wait.
Keane Group (FRAC) Chart for Sunday, October, 22, 2017