About Keane Group (NYSE:FRAC)
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
SymbolNYSE:FRAC
CUSIPN/A
Phone713-960-0381
Debt
Debt-to-Equity Ratio0.54%
Current Ratio1.55%
Quick Ratio1.42%
Price-To-Earnings
Trailing P/E Ratio98.31
Forward P/E Ratio11.62
P/E Growth0.29
Sales & Book Value
Annual Sales$1.54 billion
Price / Sales1.16
Cash Flow$1.6429 per share
Price / Cash9.69
Book Value$4.59 per share
Price / Book3.47
Profitability
EPS (Most Recent Fiscal Year)$0.16
Net Income$-36,140,000.00
Net Margins-2.30%
Return on Equity3.61%
Return on Assets1.78%
Miscellaneous
Employees2,748
Outstanding Shares112,240,000
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 (NYSE:FRAC) issued its quarterly earnings data on Monday, February, 26th. The company reported $0.34 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.30 by $0.04. The company had revenue of $501.49 million for the quarter, compared to analyst estimates of $502.18 million. Keane Group had a negative net margin of 2.30% and a positive return on equity of 3.61%. View Keane Group's Earnings History.
What price target have analysts set for FRAC?
17 brokers have issued 1-year price targets for Keane Group's shares. Their forecasts range from $15.00 to $25.00. On average, they anticipate Keane Group's stock price to reach $20.3750 in the next twelve months. View Analyst Ratings for Keane Group.
Who are some of Keane Group's key competitors?
Some companies that are related to Keane Group include Liberty Oilfield Services (LBRT), FTS International (FTSI), C&J Energy Services (CJ), Oceaneering International (OII), SemGroup Energy Partners (SEMG), Select Energy Services (WTTR), Frank's International (FI), Superior Energy Services (SPN), Mammoth Energy Services (TUSK), Helix Energy Solutions Group (HLX), NCS Multistage (NCSM), Hurricane Energy (HRCXF), Basic Energy Services (BAS), Natural Gas Services Group (NGS), Compressco Partners (CCLP), Quintana Energy Services (QES), North American Energy Partners (NOA) and Ranger Energy Services (RNGR).
Who are Keane Group's key executives?
Keane Group's management team includes the folowing people:
- Mr. James C. Stewart, Chairman & CEO (Age 55)
- Mr. Gregory L. Powell, Pres & CFO (Age 43)
- Mr. Paul M. DeBonis Jr., Chief Operating Officer (Age 58)
- Mr. Kevin M. McDonald, Exec. VP, Gen. Counsel & Sec. (Age 51)
- 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 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?
News stories about FRAC stock have trended somewhat negative this week, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Keane Group earned a media sentiment score of -0.02 on Accern's scale. They also gave news headlines about the company an impact score of 46.14 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
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 $15.96.
How big of a company is Keane Group?
Keane Group has a market capitalization of $1.77 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 (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.
Keane Group (NYSE:FRAC) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
17 Wall Street analysts have issued ratings and price targets for Keane Group in the last 12 months. Their average twelve-month price target is $20.3750, suggesting that the stock has a possible upside of 27.98%. The high price target for FRAC is $25.00 and the low price target for FRAC is $15.00. There are currently 2 hold ratings and 15 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Hold |
| Consensus Rating Score: | 2.88 | 2.74 | 2.55 | 2.47 |
| Ratings Breakdown: | 0 Sell Rating(s)
2 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
5 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
9 Hold Rating(s)
11 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
8 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $20.3750 | $19.9444 | $21.2105 | $20.8333 |
| Price Target Upside: | 27.98% upside | 31.56% upside | 14.22% upside | 21.19% upside |
Keane Group (NYSE:FRAC) Consensus Price Target History
Keane Group (NYSE:FRAC) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
Keane Group (NYSE:FRAC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Keane Group (NYSE FRAC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.64%
Institutional Ownership Percentage: 34.19%
Keane Group (NYSE FRAC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 4/19/2018 | Gregory Powell | Insider | Sell | 40,583 | $16.01 | $649,733.83 | 85,130 |  |
| 4/19/2018 | James Carl Stewart | Chairman | Sell | 40,977 | $16.01 | $656,041.77 | 106,312 | |
| 3/2/2018 | Elmer Dale Reed | Director | Sell | 6,941 | $15.89 | $110,292.49 | 24,308 | |
| 1/24/2018 | Keane Investor Holdings Llc | Major Shareholder | Sell | 1,998,262 | $18.25 | $36,468,281.50 | 58,917,686 | |
| 1/22/2018 | Keane Investor Holdings Llc | Major Shareholder | Sell | 13,321,753 | $18.25 | $243,121,992.25 | 58,917,686 | |
| 1/25/2017 | Keane Investor Holdings Llc | Major Shareholder | Sell | 15,074,000 | $19.00 | $286,406,000.00 | 72,239,439 | |
(Data available from 1/1/2013 forward)
Keane Group (NYSE FRAC) News Headlines
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Keane Group (NYSE:FRAC) SEC Filings
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Keane Group (NYSE:FRAC) Income Statement, Balance Sheet and Cash Flow Statement
Keane Group (NYSE FRAC) Stock Chart for Monday, April, 23, 2018
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