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: $1.72 billion
- Outstanding Shares: 111,831,000
- 50 Day Moving Avg: $14.04
- 200 Day Moving Avg: $14.04
- 52 Week Range: $12.70 - $22.93
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 13.51
- P/E Growth: 5.35
- Annual Revenue: $831.08 million
- Price / Sales: 2.07
- Book Value: $3.17 per share
- Price / Book: 4.86
- EBIDTA: $49.2 million
- Net Margins: -3.68%
- Return on Equity: -14.38%
- Return on Assets: -7.52%
- Average Volume: 817,114 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 results 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 firm had revenue of $323.10 million for the quarter, compared to analysts' expectations of $316.71 million. Keane Group had a negative net margin of 3.68% and a negative return on equity of 14.38%. The firm's revenue for the quarter was up 34.5% on a year-over-year basis. View Keane Group's Earnings History.
Where is Keane Group's stock going? Where will Keane Group's stock price be in 2017?
17 analysts have issued 12-month target prices for Keane Group's shares. Their predictions range from $14.00 to $30.00. On average, they expect Keane Group's stock price to reach $20.94 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), Profire Energy (PFIE), Cypress Energy Partners, L.P. (CELP), 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
- R. Curt Dacar, Chief Commercial Officer
- Marc G. R. Edwards, Lead Independent Director
- Lucas N. Batzer, Director
When did Keane Group IPO?
(FRAC) raised $301 million in an initial public offering on Friday, January 20th 2017. The company issued 16,700,000 shares at $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 shareholders include
EDELMAN & GUILL ENERGY LTD.
(7.64%), Janus Henderson Group PLC (3.80%), Vanguard Group Inc. (2.39%), Ameriprise Financial Inc. (2.04%), TimesSquare Capital Management LLC (1.52%) and Balyasny Asset Management LLC (1.26%). View Institutional Ownership Trends for Keane Group.
Who sold Keane Group stock? Who is selling Keane Group stock?
Keane Group's stock was sold by a variety of institutional investors in the last quarter, including Sprott Inc., Royal Bank of Canada, Point72 Europe London LLP, Castleark Management LLC, FMR LLC, Balyasny Asset Management LLC, Pine River Capital Management L.P. and Columbus Circle Investors. View Insider Buying and Selling for Keane Group.
Who bought Keane Group stock? Who is buying Keane Group stock?
Keane Group's stock was bought by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, State Street Corp, Precocity Capital LP, Eagle Boston Investment Management Inc., Macquarie Group Ltd., Cramer Rosenthal Mcglynn LLC, Northern Trust Corp and Penn Capital Management Co. Inc.. 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?
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 $15.40.
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: ||8 Hold Ratings, 9 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.53)|
|Consensus Price Target: ||$20.94 (35.96% upside)|
Analysts' Ratings History for Keane Group (NASDAQ:FRAC)
(Data available from 9/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|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|
|8/30/2017||Citigroup Inc.||Downgrade||Buy -> Neutral||$19.00 -> $14.00||High|
|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: $0.68
2018 EPS Consensus Estimate: $1.10
(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)
|Piper Jaffray Companies Reiterates "Buy" Rating for Keane Group Inc (FRAC)|
www.americanbankingnews.com - September 19 at 10:20 PM
|Keane Group, Inc. breached its 50 day moving average in a Bullish Manner : FRAC-US : September 19, 2017|
finance.yahoo.com - September 19 at 6:48 PM
|Keane Group Inc (FRAC) Stock Rating Upgraded by BidaskClub|
www.americanbankingnews.com - September 16 at 10:32 AM
|Contrasting Keane Group (FRAC) & CGG (CGG)|
www.americanbankingnews.com - September 12 at 2:32 PM
|Keane Group Inc (FRAC) Given New $23.00 Price Target at J P Morgan Chase & Co|
www.americanbankingnews.com - September 12 at 1:16 PM
|Keane Group Inc (FRAC) Given Consensus Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - September 12 at 6:56 AM
|Keane Group Inc (FRAC) Expected to Announce Quarterly Sales of $486.77 Million|
www.americanbankingnews.com - September 8 at 3:50 AM
|Keane Group Inc (FRAC) Downgraded by Citigroup Inc.|
www.americanbankingnews.com - August 30 at 10:34 PM
|Keane to Present at Barclays CEO Energy-Power Conference|
finance.yahoo.com - August 29 at 7:17 PM
|Keane Group (FRAC) versus CGG (CGG) Head-To-Head Comparison|
www.americanbankingnews.com - August 27 at 4:24 AM
|Keane Group Inc (FRAC) Expected to Announce Earnings of $0.20 Per Share|
www.americanbankingnews.com - August 19 at 8:28 AM
|Select Energy Services (WTTR) and Keane Group (FRAC) Critical Comparison|
www.americanbankingnews.com - August 19 at 12:30 AM
|Keane Group Inc (FRAC) Receives Consensus Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - August 18 at 6:40 AM
|RSI Alert: Keane Group (FRAC) Now Oversold|
www.nasdaq.com - August 16 at 12:29 AM
|Comparing CGG (CGG) & Keane Group (NASDAQ:FRAC)|
www.americanbankingnews.com - August 15 at 6:32 AM
|Keane Group (NASDAQ:FRAC) and Select Energy Services (WTTR) Critical Contrast|
www.americanbankingnews.com - August 12 at 6:18 PM
|RigNet (RNET) and Keane Group (NASDAQ:FRAC) Financial Survey|
www.americanbankingnews.com - August 12 at 2:14 AM
|Keane Group, Inc. – Value Analysis (NYSE:FRAC) : August 5, 2017|
finance.yahoo.com - August 5 at 12:02 AM
|Keane Group, Inc. breached its 50 day moving average in a Bearish Manner : FRAC-US : August 4, 2017|
finance.yahoo.com - August 4 at 7:01 PM
|Comparing Keane Group (FRAC) and North American Energy Partners (NOA)|
www.americanbankingnews.com - August 4 at 8:18 AM
|Capital One Financial Corporation Comments on Keane Group Inc's Q3 2017 Earnings (NASDAQ:FRAC)|
www.americanbankingnews.com - August 3 at 8:28 AM
|Capital One Financial Corporation Analysts Raise Earnings Estimates for Keane Group Inc (FRAC)|
www.americanbankingnews.com - August 2 at 2:16 PM
|Edited Transcript of FRAC.N earnings conference call or presentation 1-Aug-17 12:30pm GMT|
finance.yahoo.com - August 2 at 12:25 AM
|Keane Group Inc (NASDAQ:FRAC) Posts Quarterly Earnings Results, Beats Estimates By $0.06 EPS|
www.americanbankingnews.com - August 1 at 12:28 PM
|Keane Group's (NASDAQ:FRAC) Hold Rating Reiterated at Scotiabank|
www.americanbankingnews.com - August 1 at 10:20 AM
| Brokerages Expect Keane Group Inc (FRAC) Will Announce Earnings of -$0.07 Per Share|
www.americanbankingnews.com - August 1 at 8:01 AM
|Keane Announces Second Quarter 2017 Financial and Operational Results|
finance.yahoo.com - July 31 at 6:27 PM
|Why Keane Group (FRAC) Might Surprise This Earnings Season|
finance.yahoo.com - July 27 at 7:23 PM
|Head to Head Review: Keane Group (NASDAQ:FRAC) & RigNet (RNET)|
www.americanbankingnews.com - July 24 at 8:22 PM
|Keane Group, Inc. breached its 50 day moving average in a Bearish Manner : FRAC-US : July 24, 2017|
finance.yahoo.com - July 24 at 8:15 PM
|Analyzing Keane Group (FRAC) & Profire Energy (PFIE)|
www.americanbankingnews.com - July 24 at 4:06 PM
|Keane Group Inc (FRAC) Given Consensus Recommendation of "Buy" by Brokerages|
www.americanbankingnews.com - July 24 at 9:16 AM
|Stock Traders Buy High Volume of Put Options on Keane Group (FRAC)|
www.americanbankingnews.com - July 22 at 7:06 AM
|Increased Earnings Estimates Seen for Keane (FRAC): Can It Move Higher?|
finance.yahoo.com - July 17 at 11:52 AM
|FBR Capital Markets & Co. Acts as Sell-Side Advisor to RockPile Energy Services, LLC in its Acquisition by Keane Group, Inc.|
www.marketwatch.com - July 14 at 1:13 AM
|BRIEF-Edelman & Guill Energy LP II reports 7.64 percent passive stake in Keane Group|
www.reuters.com - July 13 at 5:33 AM
|Keane Group Inc's Lock-Up Period Set To Expire on July 19th (NASDAQ:FRAC)|
www.americanbankingnews.com - July 12 at 8:32 AM
|Keane Group's (NASDAQ:FRAC) Buy Rating Reaffirmed at Piper Jaffray Companies|
www.americanbankingnews.com - July 12 at 7:56 AM
|Keane Group Inc (NASDAQ:FRAC) Expected to Post Quarterly Sales of $310.72 Million|
www.americanbankingnews.com - July 9 at 8:30 AM
|Zacks: Brokerages Anticipate Keane Group Inc (FRAC) to Post -$0.09 Earnings Per Share|
www.americanbankingnews.com - July 7 at 10:18 PM
|Keane Announces Timing of Second Quarter 2017 Results and Conference Call|
finance.yahoo.com - July 5 at 7:30 PM
|Keane Completes Merger with RockPile Energy Services, Announces Executive Appointment|
finance.yahoo.com - July 3 at 6:30 PM
|[$$] Keane Acquires White Deer Energy's RockPile Energy Services for About $276 Million|
finance.yahoo.com - July 3 at 6:30 PM
|Keane Group Inc (FRAC) Receives Consensus Rating of "Buy" from Analysts|
www.americanbankingnews.com - June 27 at 7:42 AM
|Keane Group Inc (FRAC) Coverage Initiated by Analysts at Iberia Capital|
www.americanbankingnews.com - June 23 at 11:16 AM
|Keane Group, Inc. breached its 50 day moving average in a Bearish Manner : FRAC-US : June 21, 2017|
finance.yahoo.com - June 21 at 6:53 PM
|Keane Group Inc (FRAC) Rating Reiterated by Morgan Stanley|
www.americanbankingnews.com - June 21 at 1:58 PM
|ETFs with exposure to Keane Group, Inc. : June 15, 2017|
finance.yahoo.com - June 15 at 7:27 PM
|Keane Group Inc (FRAC) Expected to Post Quarterly Sales of $310.72 Million|
www.americanbankingnews.com - June 15 at 9:20 AM
|Keane Group Inc (FRAC) Expected to Post Earnings of -$0.12 Per Share|
www.americanbankingnews.com - June 13 at 10:35 PM
Keane Group (FRAC) Chart for Thursday, September, 21, 2017