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$1.54 billion
Profitability
Miscellaneous
Employees2,748
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 earnings results on Wednesday, October, 31st. The company reported $0.28 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.09. The business earned $558.91 million during the quarter, compared to analyst estimates of $545.56 million. Keane Group had a return on equity of 25.19% and a net margin of 4.51%. Keane Group's revenue was up 17.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.04 earnings per share. View Keane Group's Earnings History.
When is Keane Group's next earnings date?
How can I listen to Keane Group's earnings call?
Keane Group will be holding an earnings conference call on Tuesday, February 26th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774079208.
What price target have analysts set for FRAC?
17 Wall Street analysts have issued 12 month price objectives for Keane Group's stock. Their predictions range from $9.37 to $26.00. On average, they expect Keane Group's stock price to reach $18.8580 in the next twelve months. This suggests a possible upside of 70.0% from the stock's current price. View Analyst Price Targets for Keane Group.
What is the consensus analysts' recommendation for Keane Group?
17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Keane Group in the last year. There are currently 2 hold ratings and 15 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?
News articles about FRAC stock have trended negative recently, InfoTrie reports. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Keane Group earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock'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), Oceaneering International (OII), Propetro (PUMP), Franks International (FI), SemGroup (SEMG), C&J Energy Services (CJ), Helix Energy Solutions Group (HLX), FTS International (FTSI), Mammoth Energy Services (TUSK), Select Energy Services (WTTR), Hurricane Energy (HRCXF) and National Energy Services (NESR).
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 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 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 variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.38%), Macquarie Group Ltd. (3.03%), Dimensional Fund Advisors LP (2.69%), Fisher Asset Management LLC (2.60%), Millennium Management LLC (2.24%) and Northern Trust Corp (0.60%). 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, Gagnon Securities LLC, Bbva Compass Bancshares Inc., New York State Common Retirement Fund and First Trust Advisors LP. 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 major 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, Macquarie Group Ltd., Assenagon Asset Management S.A., Segantii Capital Management Ltd, Bank of New York Mellon Corp, James Investment Research Inc., Algert Global LLC and Bank of Montreal Can. 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 $11.09.
How big of a company is Keane Group?
Keane Group has a market capitalization of $1.16 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.
