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
Current Ratio1.46
Quick Ratio1.35
Price-To-Earnings
Sales & Book Value
Annual Sales$1.54 billion
Price / Sales0.63
Price / Cash Flow5.40
Price / Book2.03
Profitability
Net Income$-36,140,000.00
Net Margins4.51%
Return on Assets11.95%
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) announced its quarterly earnings results on Wednesday, October, 31st. The company reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.09. The business earned $558.91 million during the quarter, compared to analysts' expectations of $545.56 million. Keane Group had a return on equity of 25.19% and a net margin of 4.51%. The business's revenue for the quarter was up 17.1% on a year-over-year basis. During the same quarter last year, the business posted $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 issued an update on its fourth quarter 2018 earnings guidance on Wednesday, October, 31st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $470-500 million, compared to the consensus revenue estimate of $529.15 million.
What price target have analysts set for FRAC?
18 brokerages have issued 1 year price objectives for Keane Group's shares. Their forecasts range from $9.37 to $26.00. On average, they anticipate Keane Group's stock price to reach $18.8580 in the next year. This suggests a possible upside of 103.2% 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.
Has Keane Group been receiving favorable news coverage?
News headlines about FRAC stock have been trending somewhat negative this week, according to InfoTrie. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Keane Group earned a media sentiment score of -1.2 on InfoTrie's scale. They also gave news stories about the company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the next several 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), Oceaneering International (OII), Liberty Oilfield Services (LBRT), SemGroup (SEMG), Franks International (FI), C&J Energy Services (CJ), Helix Energy Solutions Group (HLX), Mammoth Energy Services (TUSK), Select Energy Services (WTTR), FTS International (FTSI), Hurricane Energy (HRCXF), National Energy Services (NESR) and KLX Energy Services (KLXE).
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 IPO 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 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.
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 $9.28.
How big of a company is Keane Group?
Keane Group has a market capitalization of $913.73 million 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.
