Keane Group (FRAC) Stock Price, News & Analysis

Keane Group Inc (NYSE:FRAC) issued its quarterly earnings results on Wednesday, October, 31st. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.09. The business had revenue of $558.91 million for the quarter, compared to the consensus estimate of $545.56 million. Keane Group had a trailing twelve-month return on equity of 7.21% and a net margin of 0.53%. The business's quarterly revenue was up 17.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.04 earnings per share.

Based on aggregate information from My MarketBeat watchlists, some companies that other Keane Group investors own include Virtu Financial (VIRT), Advanced Micro Devices (AMD), Bausch Health Companies (BHC), Gulfport Energy (GPOR), Alibaba Group (BABA), Permian Resources (CDEV), CNX Resources (CNX), Denbury Resources (DNR), Intel (INTC) and Marathon Oil (MRO).

Keane Group (FRAC) raised $301 million in an IPO 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.