About Keane Group (NYSE:FRAC)
Keane Group, Inc. is provider of integrated well completion services in the United States, with a focus on demanding completion solutions. The Company's segments include Completion Services, which comprises hydraulic fracturing and wireline divisions, and Other Services, which consists of coiled tubing, cementing and drilling divisions. It provides hydraulic fracturing and wireline services pursuant to contractual arrangements, such as term contracts and pricing agreements, or on a spot market basis. It provides certain complementary services such as coiled tubing, cementing and drilling pursuant to contractual arrangements, such as term contracts on a spot basis. Its primary services include horizontal and vertical fracturing, wireline perforation and logging and engineered solutions, as well as other value-added service offerings. As of July 3, 2017, the Company had approximately 1.2 million hydraulic horsepower spread across 23 hydraulic fracturing fleets and 31 wireline trucks.
Industry, Sector and Symbol
Trailing P/E Ratio-40.8157894736842
Forward P/E Ratio11.08
Sales & Book Value
Annual Sales$1.54 billion
Price / Sales1.13
Cash Flow$1.61 per share
Price / Cash9.61
Book Value$4.59 per share
Price / Book3.38
Return on Equity3.61%
Return on Assets1.78%
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, November, 1st. The company reported $0.05 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.12. The firm earned $477.30 million during the quarter, compared to analysts' expectations of $493.40 million. Keane Group had a negative net margin of 2.30% and a positive return on equity of 3.61%. Keane Group's quarterly revenue was up 47.7% compared to the same quarter last year. View Keane Group's Earnings History.
Where is Keane Group's stock going? Where will Keane Group's stock price be in 2018?
19 brokers have issued 12 month price targets for Keane Group's shares. Their forecasts range from $16.00 to $25.00. On average, they anticipate Keane Group's stock price to reach $19.94 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 PDC Energy (PDCE), Plains GP (PAGP), CNX Resources (CNX), Black Stone Minerals (BSM), Tallgrass Energy GP (TEGP), Delek US (DK), Enbridge Energy Partners (EEP), Matador Resources (MTDR), Transportadora de Gas del Sur (TGS), Antero Midstream GP (AMGP), Whiting Petroleum (WLL), Holly Energy Partners (HEP), Ormat Technologies (ORA), Enerplus (ERF), Chesapeake Energy (CHK), CVR Energy (CVI), Viper Energy Partners (VNOM) and EnLink Midstream (ENLC).
Who are Keane Group's key executives?
Keane Group's management team includes the folowing people:
- James C. Stewart, Chairman of the Board, Chief Executive Officer (Age 54)
- Gregory L. Powell, President, Chief Financial Officer (Age 42)
- M. Paul DeBonis Jr., Chief Operating Officer (Age 57)
- Kevin M. McDonald, Executive Vice President, General Counsel and Secretary (Age 49)
- Phung Ngo-Burns, Principal Accounting Officer, Treasurer (Age 51)
- Ian J. Henkes, Vice President - Human Resources (Age 45)
- James J. Venditto, Vice President - Engineering and Technology (Age 65)
- Marc G. R. Edwards, Lead Independent Director (Age 56)
- Lucas N. Batzer, Director (Age 33)
- Dale M. Dusterhoft, Director (Age 56)
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?
Press coverage about FRAC stock has been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. 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 media sentiment score of 0.10 on Accern's scale. They also assigned media coverage about the company an impact score of 44.98 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
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. (2.15%), Millennium Management LLC (1.79%), Macquarie Group Ltd. (1.28%), Cramer Rosenthal Mcglynn LLC (1.00%), Penn Capital Management Co. Inc. (0.89%) and Ninepoint Partners LP (0.85%). Company insiders that own Keane Group stock include Elmer Dale Reed and Keane Investor Holdings Llc. 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, TimesSquare Capital Management LLC, SIR Capital Management L.P., American Century Companies Inc., Arosa Capital Management LP, Viking Fund Management LLC, Citadel Advisors LLC and Penn Capital Management Co. Inc.. Company insiders that have sold Keane Group company stock in the last year include Elmer Dale Reed and Keane Investor Holdings Llc. 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 Encompass Capital Advisors LLC, Emerald Advisers Inc. PA, Driehaus Capital Management LLC, BlackRock Inc., Ninepoint Partners LP, SG Capital Management LLC, Macquarie Group Ltd. and QVT Financial LP. 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 $15.51.
How big of a company is Keane Group?
Keane Group has a market capitalization of $1.75 billion and generates $1.54 billion in revenue each year. The company earns $-36,140,000.00 in net income (profit) each year or ($0.38) 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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Keane Group (NYSE:FRAC) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each 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 will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.74||2.71||2.53||2.53|
|Ratings Breakdown: ||0 Sell Rating(s)|
5 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
5 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
9 Hold Rating(s)
10 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
8 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$19.94||$19.75||$20.78||$20.94|
|Price Target Upside: ||28.59% upside||38.21% upside||31.01% upside||40.24% upside|
Keane Group (NYSE:FRAC) Consensus Price Target History
Keane Group (NYSE:FRAC) Analyst Ratings History
(Data available from 3/24/2016 forward)
Keane Group (NYSE:FRAC) Earnings History and Estimates Chart
Keane Group (NYSE FRAC) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/1/2017||Q3 2017||$0.16||$0.05||$493.40 million||$477.30 million||View||N/A|
|7/31/2017||Q2 2017||($0.07)||($0.01)||$316.71 million||$323.10 million||View||N/A|
|5/2/2017||Q1 2017||($0.19)||($0.25)||$204.45 million||$240.15 million||View||N/A|
Keane Group (NYSE:FRAC) Earnings Estimates
2018 EPS Consensus Estimate: $1.21
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Keane Group (NYSE:FRAC)
No dividend announcements for this company have been tracked by MarketBeat.com
Keane Group (NYSE FRAC) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 34.07%
Keane Group (NYSE FRAC) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|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|| |
Keane Group (NYSE FRAC) News Headlines
|Certain of Keane's Executives Adopt 10b5-1 Trading Plan|
finance.yahoo.com - March 23 at 5:31 PM
|Zacks: Brokerages Expect Keane Group Inc (FRAC) to Announce $0.22 EPS|
www.americanbankingnews.com - March 22 at 3:08 AM
|Keane Group (FRAC) Given a $22.00 Price Target by Piper Jaffray Companies Analysts|
www.americanbankingnews.com - March 20 at 1:17 PM
|Elmer Dale Reed Sells 6,941 Shares of Keane Group Inc (FRAC) Stock|
www.americanbankingnews.com - March 6 at 7:17 PM
|Centenus Global Management LP Buys Shares of 95,000 Keane Group Inc (FRAC)|
www.americanbankingnews.com - March 6 at 5:28 AM
|Keane Group Inc (FRAC) Receives Consensus Rating of "Buy" from Analysts|
www.americanbankingnews.com - March 6 at 5:14 AM
|State of Wisconsin Investment Board Boosts Position in Keane Group Inc (FRAC)|
www.americanbankingnews.com - March 3 at 8:44 AM
|Keane Group Inc (FRAC) to Post Q2 2018 Earnings of $0.23 Per Share, Capital One Financial Forecasts|
www.americanbankingnews.com - March 2 at 10:24 AM
|Q1 2018 EPS Estimates for Keane Group Inc Decreased by Jefferies Group (FRAC)|
www.americanbankingnews.com - March 2 at 9:30 AM
|Guggenheim Reiterates Buy Rating for Keane Group (FRAC)|
www.americanbankingnews.com - March 1 at 6:45 PM
|Capital One Financial Comments on Keane Group Inc's Q1 2018 Earnings (FRAC)|
www.americanbankingnews.com - March 1 at 8:36 AM
|Keane Group Inc (FRAC) Shares Sold by Citadel Advisors LLC|
www.americanbankingnews.com - February 28 at 10:52 AM
|Q1 2018 Earnings Forecast for Keane Group Inc Issued By Capital One Financial (FRAC)|
www.americanbankingnews.com - February 28 at 8:26 AM
|Keane Group (FRAC) PT Set at $22.00 by Bank of America|
www.americanbankingnews.com - February 27 at 7:22 PM
|Keane Group Inc (FRAC) Stake Lifted by Ninepoint Partners LP|
www.americanbankingnews.com - February 27 at 2:30 PM
|Brokers Issue Forecasts for Keane Group Inc's Q4 2017 Earnings (FRAC)|
www.americanbankingnews.com - February 27 at 7:06 AM
|American Century Companies Inc. Reduces Stake in Keane Group Inc (FRAC)|
www.americanbankingnews.com - February 26 at 4:26 AM
|Why Keane (FRAC) Might Surprise This Earnings Season|
finance.yahoo.com - February 23 at 5:47 PM
|Zacks Investment Research Downgrades Keane Group (FRAC) to Hold|
www.americanbankingnews.com - February 20 at 11:46 PM
|Keane Group (FRAC) Upgraded to "Buy" at Citigroup|
www.americanbankingnews.com - February 18 at 10:54 PM
|$507.76 Million in Sales Expected for Keane Group Inc (FRAC) This Quarter|
www.americanbankingnews.com - February 18 at 5:48 AM
|Keane Group Inc (FRAC) Given Average Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - February 9 at 5:24 AM
|Wall Street’s Forecasts for NOV after Its 4Q17 Earnings|
finance.yahoo.com - February 8 at 8:18 AM
|Keane Group (FRAC) Upgraded by Scotiabank to "Outperform"|
www.americanbankingnews.com - February 7 at 11:30 AM
|ValuEngine Lowers Keane Group (FRAC) to Sell|
www.americanbankingnews.com - February 3 at 1:28 PM
|Keane Announces Timing of Fourth Quarter and Full-Year 2017 Financial and Operating Results Conference Call|
finance.yahoo.com - January 26 at 3:50 PM
|Keane Investor Holdings Llc Sells 13,321,753 Shares of Keane Group, Inc. (FRAC) Stock|
www.americanbankingnews.com - January 25 at 12:20 AM
|Insider Selling: Keane Group, Inc. (FRAC) Major Shareholder Sells 1,998,262 Shares of Stock|
www.americanbankingnews.com - January 25 at 12:20 AM
|Jefferies Group Weighs in on Keane Group, Inc.'s Q4 2017 Earnings (FRAC)|
www.americanbankingnews.com - January 19 at 8:42 AM
|Jefferies Group Weighs in on Keane Group, Inc.'s Q1 2018 Earnings (FRAC)|
www.americanbankingnews.com - January 18 at 10:28 AM
|What's Happening With These Oil & Gas Stocks? -- Keane, TechnipFMC, Flotek Industries, and McDermott|
www.bizjournals.com - January 17 at 8:57 AM
|Keane Group (FRAC) Announces 11M Share Secondary Offering|
www.streetinsider.com - January 17 at 8:57 AM
|$511.66 Million in Sales Expected for Keane Group, Inc. (FRAC) This Quarter|
www.americanbankingnews.com - January 15 at 4:42 PM
|Keane Group, Inc. (FRAC) Given Consensus Recommendation of "Buy" by Brokerages|
www.americanbankingnews.com - January 15 at 6:02 AM
|Stocks Showing Improved Relative Strength: Keane|
finance.yahoo.com - January 12 at 5:26 PM
|Stephens Begins Coverage on Keane Group (FRAC)|
www.americanbankingnews.com - January 9 at 4:44 PM
|Keane Group, Inc. (FRAC) Forecasted to Post Q4 2017 Earnings of $0.25 Per Share|
www.americanbankingnews.com - January 8 at 3:54 AM
|Jefferies Group Equities Analysts Lift Earnings Estimates for Keane Group, Inc. (FRAC)|
www.americanbankingnews.com - January 5 at 10:38 AM
|$0.24 Earnings Per Share Expected for Keane Group, Inc. (FRAC) This Quarter|
www.americanbankingnews.com - December 27 at 3:52 PM
|Keane Announces Newbuild Orders for Three Hydraulic Fracturing Fleets|
finance.yahoo.com - December 26 at 11:27 PM
|Piper Jaffray Companies Reiterates $23.00 Price Target for Keane Group (FRAC)|
www.americanbankingnews.com - December 26 at 6:28 PM
|Keane Group, Inc. (FRAC) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - December 21 at 5:38 AM
|Q4 2017 EPS Estimates for Keane Group, Inc. Increased by Analyst (FRAC)|
www.americanbankingnews.com - December 18 at 4:52 AM
|BRIEF-Keane Group Inc - Placed Orders For Approximately 150,000 Newbuild Hydraulic Horsepower|
www.reuters.com - December 14 at 9:13 AM
|$513.70 Million in Sales Expected for Keane Group, Inc. (FRAC) This Quarter|
www.americanbankingnews.com - December 12 at 11:04 AM
| Brokerages Expect Keane Group, Inc. (FRAC) to Announce $0.24 EPS|
www.americanbankingnews.com - December 10 at 8:12 AM
|Keane Group (FRAC) vs. CGG (CGG) Head to Head Analysis|
www.americanbankingnews.com - December 3 at 11:10 PM
|Profire Energy (PFIE) and Keane Group (FRAC) Head to Head Survey|
www.americanbankingnews.com - November 30 at 1:48 PM
|Head-To-Head Analysis: Keane Group (FRAC) versus Select Egy Svcs (WTTR)|
www.americanbankingnews.com - November 30 at 3:38 AM
|Keane Group (FRAC) and SEACOR (CKH) Head-To-Head Survey|
www.americanbankingnews.com - November 28 at 5:16 AM
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 Saturday, March, 24, 2018