Keane Group, Inc. provides integrated well completion services primarily in the United States. Its principal service offerings include horizontal and vertical fracturing, wireline perforation and logging, and engineered solutions, as well as other value-added services. The company also provides cementing and drilling services; and engineering software and technical guidance for remedial cementing applications and acidizing. Its customers primarily include integrated and large independent oil and natural gas exploration and production companies. The company has 26 hydraulic fracturing fleets, 31 wireline trucks, 24 cementing pumps, and other ancillary assets located in the Permian Basin, the Marcellus Shale/Utica Shale, the Eagle Ford Formation, the Bakken Formation, and other active oil and gas basins. Keane Group, Inc. was founded in 1973 and is headquartered in Houston, Texas. Keane Group, Inc. is a subsidiary of Keane Investor Holdings LLC.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Oil & gas field services, not elsewhere classified
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:FRAC
Previous SymbolNASDAQ:FRAC
CUSIPN/A
Phone713-960-0381
Debt
Debt-to-Equity Ratio0.67
Current Ratio1.46
Quick Ratio1.35
Price-To-Earnings
Trailing P/E Ratio73.69
Forward P/E Ratio16.15
P/E Growth0.4
Sales & Book Value
Annual Sales$1.54 billion
Price / Sales0.81
Cash Flow$1.6421 per share
Price / Cash7.18
Book Value$4.59 per share
Price / Book2.57
Profitability
EPS (Most Recent Fiscal Year)$0.16
Net Income$-36,140,000.00
Net Margins4.51%
Return on Equity25.19%
Return on Assets11.95%
Miscellaneous
Employees2,748
Outstanding Shares105,670,000
Market Cap$1.23 billion
OptionableOptionable
Keane Group (NYSE:FRAC) Frequently Asked Questions
What is Keane Group's stock symbol?
Keane Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "FRAC."
How were Keane Group's earnings last quarter?
Keane Group Inc (NYSE:FRAC) announced its earnings results on Wednesday, October, 31st. The company reported $0.28 EPS for the quarter, topping the Zacks' consensus estimate of $0.19 by $0.09. The firm earned $558.91 million during the quarter, compared to analysts' expectations of $545.56 million. Keane Group had a return on equity of 25.19% and a net margin of 4.51%. The company's quarterly revenue was up 17.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.04 EPS. View Keane Group's Earnings History.
When is Keane Group's next earnings date?
What guidance has Keane Group issued on next quarter's earnings?
Keane Group updated its fourth quarter 2018 earnings guidance on Wednesday, October, 31st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $470-500 million, compared to the consensus revenue estimate of $529.15 million.
What price target have analysts set for FRAC?
18 brokerages have issued 12 month price objectives for Keane Group's stock. Their forecasts range from $15.00 to $26.00. On average, they anticipate Keane Group's share price to reach $19.8438 in the next twelve months. This suggests a possible upside of 71.1% from the stock's current price. View Analyst Price Targets for Keane Group.
What is the consensus analysts' recommendation for Keane Group?
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Keane Group in the last year. There are currently 1 hold rating and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Keane Group.
Has Keane Group been receiving favorable news coverage?
Media stories about FRAC stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Keane Group earned a daily sentiment score of 1.3 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next few days.
Who are some of Keane Group's key competitors?
Some companies that are related to Keane Group include Subsea 7 (SUBCY), Core Laboratories (CLB), RPC (RES), Liberty Oilfield Services (LBRT), Franks International (FI), Oceaneering International (OII), SemGroup (SEMG), C&J Energy Services (CJ), FTS International (FTSI), Helix Energy Solutions Group (HLX), Mammoth Energy Services (TUSK), Superior Energy Services (SPN), Select Energy Services (WTTR), National Energy Services (NESR) and Hurricane Energy (HRCXF).
Who are Keane Group's key executives?
Keane Group's management team includes the folowing people:
- Mr. James C. Stewart, Exec. Chairman (Age 55)
- Mr. Gregory L. Powell, Pres & CFO (Age 43)
- Mr. Kevin M. McDonald, Exec. VP, Gen. Counsel & Sec. (Age 51)
- Mr. Paul M. DeBonis Jr., Advisor to Chairman (Age 58)
- Mr. Ian J. Henkes, VP and GM of South Region & National Wireline (Age 46)
When did Keane Group IPO?
(FRAC) raised $301 million in an 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 served 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 are Keane Group's major shareholders?
Keane Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.41%), Janus Henderson Group PLC (3.20%), Fisher Asset Management LLC (2.46%), Macquarie Group Ltd. (2.47%), Dimensional Fund Advisors LP (1.86%) and Wilks Brothers LLC (1.37%). Company insiders that own Keane Group stock include Elmer Dale Reed, Gregory Powell, James Carl Stewart, Keane Investor Holdings Llc and Paul M Jr Debonis. View Institutional Ownership Trends for Keane Group.
Which institutional investors are selling Keane Group stock?
FRAC stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Viking Fund Management LLC, BlackRock Inc., TIAA CREF Investment Management LLC, Bank of New York Mellon Corp, Credit Suisse AG, AQR Capital Management LLC and Fisher Asset Management LLC. Company insiders that have sold Keane Group company stock in the last year include Elmer Dale Reed, Gregory Powell, James Carl Stewart, Keane Investor Holdings Llc and Paul M Jr Debonis. View Insider Buying and Selling for Keane Group.
Which institutional investors are buying Keane Group stock?
FRAC stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Wilks Brothers LLC, Macquarie Group Ltd., BlueMountain Capital Management LLC, Hodges Capital Management Inc., FMR LLC, Point72 Asset Management L.P. and Aristotle Capital Boston LLC. View Insider Buying and Selling for Keane Group.
How do I buy shares of Keane Group?
Shares of FRAC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Keane Group's stock price today?
One share of FRAC stock can currently be purchased for approximately $11.60.
How big of a company is Keane Group?
Keane Group has a market capitalization of $1.23 billion and generates $1.54 billion in revenue each year. The company earns $-36,140,000.00 in net income (profit) each year or $0.16 on an earnings per share basis. Keane Group employs 2,748 workers across the globe.
What is Keane Group's official website?
How can I contact Keane Group?
Keane Group's mailing address is 1800 POST OAK BOULEVARD SUITE 450, HOUSTON TX, 77056. The company can be reached via phone at 713-960-0381 or via email at [email protected]
MarketBeat Community Rating for Keane Group (NYSE FRAC)
MarketBeat's community ratings are surveys of what our community members think about Keane Group and other stocks. Vote "Outperform" if you believe FRAC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FRAC will underperform the S&P 500 over the long term. You may vote once every thirty days.
