Keane Group Company Profile (NASDAQ:FRAC)

About Keane Group (NASDAQ:FRAC)

Keane Group logoKeane 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/
Capitalization:
  • Market Cap: $1.68 billion
  • Outstanding Shares: 111,831,000
Average Prices:
  • 50 Day Moving Avg: $15.28
  • 200 Day Moving Avg: $14.86
  • 52 Week Range: $12.42 - $22.93
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 13.09
  • P/E Growth: 4.20
Sales & Book Value:
  • Annual Revenue: $831.08 million
  • Price / Sales: 2.03
  • Book Value: $3.17 per share
  • Price / Book: 4.75
Profitability:
  • EBITDA: $49.2 million
  • Net Margins: -3.68%
  • Return on Equity: -14.38%
  • Return on Assets: -7.52%
Misc:
  • 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?

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?

Keane Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Viking Fund Management LLC (0.44%). View Institutional Ownership Trends for Keane Group.

Who bought Keane Group stock? Who is buying Keane Group stock?

Keane Group's stock was purchased by a variety of institutional investors in the last quarter, including Viking Fund Management LLC. View Insider Buying and Selling for Keane Group.

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?

One share of Keane Group stock can currently be purchased for approximately $15.05.


MarketBeat Community Rating for Keane Group (NASDAQ FRAC)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  72 (Vote Outperform)
Underperform Votes:  80 (Vote Underperform)
Total Votes:  152
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.

Analyst Ratings

Consensus Ratings for Keane Group (NASDAQ:FRAC) (How are Consensus Ratings Calculated?)
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)
Price Target History for Keane Group (NASDAQ:FRAC)
Analysts' Ratings History for Keane Group (NASDAQ:FRAC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/6/2017Barclays PLCInitiated CoverageUnderweight -> Underweight$16.00N/AView Rating Details
10/5/2017Citigroup Inc.Set Price TargetHold$14.00 -> $18.00N/AView Rating Details
10/5/2017Jefferies Group LLCInitiated CoverageBuy -> Buy$20.00N/AView Rating Details
9/19/2017Piper Jaffray CompaniesReiterated RatingBuy$18.00LowView Rating Details
9/12/2017J P Morgan Chase & CoBoost Price TargetOverweight$22.00 -> $23.00MediumView Rating Details
8/1/2017ScotiabankSet Price TargetHold$21.00MediumView Rating Details
7/27/2017Capital One Financial CorporationReiterated RatingOverweightMediumView Rating Details
6/23/2017Iberia CapitalInitiated CoverageOutperform$19.00LowView Rating Details
6/21/2017Morgan StanleyReiterated RatingOverweight$25.00 -> $22.00LowView Rating Details
6/5/2017Susquehanna Bancshares IncInitiated CoverageNeutral -> Neutral$17.00MediumView Rating Details
4/26/2017R. F. LaffertyInitiated CoverageBuy$22.00HighView Rating Details
4/19/2017InstinetReiterated RatingNeutral$17.00MediumView Rating Details
4/19/2017NomuraInitiated CoverageNeutral$17.00HighView Rating Details
4/12/2017BMO Capital MarketsInitiated CoverageMarket Perform$17.00MediumView Rating Details
3/10/2017Bank of America CorporationUpgradeNeutral -> Buy$23.00LowView Rating Details
2/14/2017Scotia Howard WeillInitiated CoverageSector Perform$24.00N/AView Rating Details
2/14/2017GuggenheimInitiated CoverageBuy$30.00N/AView Rating Details
2/14/2017Wells Fargo & CompanyInitiated CoverageOutperform$27.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Keane Group (NASDAQ:FRAC)
Earnings by Quarter for Keane Group (NASDAQ:FRAC)
Earnings History by Quarter for Keane Group (NASDAQ FRAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/31/2017Q2 2017($0.07)($0.01)$316.71 million$323.10 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Keane Group (NASDAQ:FRAC)
2017 EPS Consensus Estimate: $0.50
2018 EPS Consensus Estimate: $1.09
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20172$0.10$0.26$0.18
Q4 20172$0.21$0.42$0.32
Q1 20182$0.24$0.26$0.25
Q2 20182$0.25$0.29$0.27
Q3 20182$0.28$0.28$0.28
Q4 20182$0.27$0.30$0.29
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Keane Group (NASDAQ:FRAC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Keane Group (NASDAQ:FRAC)
Insider Trades by Quarter for Keane Group (NASDAQ:FRAC)
Institutional Ownership by Quarter for Keane Group (NASDAQ:FRAC)
Insider Trades by Quarter for Keane Group (NASDAQ:FRAC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
1/25/2017Keane Investor Holdings LlcMajor ShareholderSell15,074,000$19.00$286,406,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Keane Group (NASDAQ:FRAC)
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Chart

Keane Group (FRAC) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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