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
Industry Oil & gas field services, not elsewhere classified
Sub-IndustryN/A
SectorOils/Energy
Phone713-960-0381
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.14 billion
Profitability
Miscellaneous
Employees2,833
Next Earnings Date5/1/2019 (Estimated)
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) issued its quarterly earnings results on Wednesday, October, 31st. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate 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 net margin of 2.78% and a return on equity of 20.19%. The company's revenue for the quarter was up 17.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.04 earnings per share. 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 first quarter 2019 earnings guidance on Monday, February, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $400-420 million, compared to the consensus revenue estimate of $471.35 million.
What price target have analysts set for FRAC?
15 brokers have issued twelve-month target prices for Keane Group's shares. Their forecasts range from $12.00 to $26.00. On average, they anticipate Keane Group's share price to reach $17.00 in the next twelve months. This suggests a possible upside of 75.4% from the stock's current price. View Analyst Price Targets for Keane Group.
What is the consensus analysts' recommendation for Keane Group?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Keane Group in the last year. There are currently 2 hold ratings and 13 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?
Press coverage about FRAC stock has been trending somewhat positive recently, according to InfoTrie. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Keane Group earned a news impact score of 0.6 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term.
Who are some of Keane Group's key competitors?
Some companies that are related to Keane Group include Core Laboratories (CLB), Propetro (PUMP), RPC (RES), Oceaneering International (OII), Liberty Oilfield Services (LBRT), Franks International (FI), Select Energy Services (WTTR), Helix Energy Solutions Group (HLX), SemGroup (SEMG), FTS International (FTSI), C&J Energy Services (CJ), National Energy Services Reunited (NESR), Mammoth Energy Services (TUSK), Superior Energy Services (SPN) and KLX Energy Services (KLXE).
What other stocks do shareholders of Keane Group own?
Who are Keane Group's key executives?
Keane Group's management team includes the folowing people:
- Mr. James C. Stewart, Exec. Chairman (Age 56)
- Mr. Gregory L. Powell, Pres & CFO (Age 44)
- Mr. Kevin M. McDonald, Exec. VP, Gen. Counsel & Sec. (Age 52)
- Mr. Paul M. DeBonis Jr., Advisor to Chairman (Age 59)
- Mr. Ian J. Henkes, VP and GM of South Region & National Wireline (Age 47)
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 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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.38%), Macquarie Group Ltd. (3.03%), Dimensional Fund Advisors LP (2.69%), Dimensional Fund Advisors LP (2.69%), Fisher Asset Management LLC (2.60%) and Millennium Management LLC (2.24%). 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 major investors are selling Keane Group stock?
FRAC stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, BlackRock Inc., Northern Trust Corp, MetLife Investment Advisors LLC, FMR LLC, Gagnon Securities LLC, Bbva Compass Bancshares Inc. and Penn Capital Management Co. Inc.. Company insiders that have sold Keane Group company stock in the last year include Gregory Powell, James Carl Stewart, Keane Investor Holdings Llc and Paul M Jr Debonis. View Insider Buying and Selling for Keane Group.
Which major investors are buying Keane Group stock?
FRAC stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Macquarie Group Ltd., Assenagon Asset Management S.A., Segantii Capital Management Ltd, Bank of New York Mellon Corp, James Investment Research Inc. and Algert Global 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 $9.69.
How big of a company is Keane Group?
Keane Group has a market capitalization of $1.01 billion and generates $2.14 billion in revenue each year. The company earns $59.33 million in net income (profit) each year or $0.92 on an earnings per share basis. Keane Group employs 2,833 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.
