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
SymbolNYSE:FRAC
CUSIPN/A
Phone713-960-0381
Debt
Debt-to-Equity Ratio0.68
Current Ratio1.68
Quick Ratio1.51
Price-To-Earnings
Trailing P/E Ratio79.81
Forward P/E Ratio11.20
P/E Growth0.28
Sales & Book Value
Annual Sales$1.54 billion
Price / Sales0.92
Cash Flow$1.6140 per share
Price / Cash7.98
Book Value$4.59 per share
Price / Book2.81
Profitability
EPS (Most Recent Fiscal Year)$0.16
Net Income$-36,140,000.00
Net Margins3.40%
Return on Equity20.43%
Return on Assets9.71%
Miscellaneous
Employees2,748
Outstanding Shares109,630,000
Market Cap$1.42 billion
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) issued its quarterly earnings data on Monday, July, 30th. The company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.29 by $0.06. The firm earned $578.50 million during the quarter, compared to analyst estimates of $558.88 million. Keane Group had a return on equity of 20.43% and a net margin of 3.40%. Keane Group's quarterly revenue was up 79.0% on a year-over-year basis. During the same quarter last year, the firm earned ($0.11) EPS. View Keane Group's Earnings History.
When is Keane Group's next earnings date?
What price target have analysts set for FRAC?
18 analysts have issued 1-year price objectives for Keane Group's stock. Their predictions range from $15.00 to $26.00. On average, they expect Keane Group's share price to reach $19.7813 in the next twelve months. This suggests a possible upside of 53.6% 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 2 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Keane Group.
Who are some of Keane Group's key competitors?
Some companies that are related to Keane Group include Core Laboratories (CLB), Subsea 7 (SUBCY), RPC (RES), Oceaneering International (OII), Liberty Oilfield Services (LBRT), Franks International (FI), SemGroup (SEMG), C&J Energy Services (CJ), Superior Energy Services (SPN), Helix Energy Solutions Group (HLX), Select Energy Services (WTTR), Mammoth Energy Services (TUSK), FTS International (FTSI), 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 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.
Has Keane Group been receiving favorable news coverage?
Media stories about FRAC stock have trended somewhat positive on Wednesday, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Keane Group earned a news impact score of 0.18 on Accern's scale. They also gave news headlines about the company an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Keane Group.
Who are Keane Group's major shareholders?
Keane Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Feinberg Stephen (34.94%), Janus Henderson Group PLC (4.63%), BlackRock Inc. (3.59%), Fisher Asset Management LLC (2.45%), Millennium Management LLC (1.84%) and Macquarie Group Ltd. (1.80%). 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 Millennium Management LLC, Point72 Asset Management L.P., Aristotle Capital Boston LLC, Russell Investments Group Ltd., K.J. Harrison & Partners Inc, Trexquant Investment LP, Waddell & Reed Financial Inc. and Emerald Advisers Inc. PA. 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 purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Janus Henderson Group PLC, BlackRock Inc., Viking Fund Management LLC, Feinberg Stephen, Macquarie Group Ltd., State of Wisconsin Investment Board and American Century Companies Inc.. 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 $12.88.
How big of a company is Keane Group?
Keane Group has a market capitalization of $1.42 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.
How can I contact Keane Group?
Keane Group's mailing address is 2121 SAGE ROAD SUITE 370, 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.
