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:
- Industry: Oil Related Services
- Sub-Industry: N/A
- Sector: Oils/Energy
- Symbol: NYSE:FRAC
- Previous Symbol: NASDAQ:FRAC
- CUSIP: N/A
- Web: www.keanegrp.com
- Debt-to-Equity Ratio: 0.60%
- Current Ratio: 1.41%
- Quick Ratio: 1.26%
Sales & Book Value:
- Forward P/E Ratio: 145.90
- P/E Growth: 3.65
- Annual Sales: $420.57 million
- Price / Sales: 3.88
- Book Value: $4.16 per share
- Price / Book: 3.51
- Net Income: ($187,080,000.00)
- Net Margins: -9.90%
- Return on Equity: -19.19%
- Return on Assets: -8.80%
- Employees: 1,401
- Outstanding Shares: 111,830,000
Frequently Asked Questions for Keane Group (NYSE:FRAC)
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) posted its quarterly earnings data on Wednesday, November, 1st. The company reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.12. The firm had revenue of $477.30 million for the quarter, compared to analysts' expectations of $493.40 million. Keane Group had a negative return on equity of 19.19% and a negative net margin of 9.90%. The firm's revenue for the quarter was up 47.7% on a year-over-year basis. View Keane Group's Earnings History.
Where is Keane Group's stock going? Where will Keane Group's stock price be in 2017?
19 brokerages have issued 12 month price targets for Keane Group's shares. Their predictions range from $16.00 to $30.00. On average, they expect Keane Group's share price to reach $20.78 in the next year. View Analyst Ratings for Keane Group.
Who are some of Keane Group's key competitors?
Some companies that are related to Keane Group include Amec Foster Wheeler plc (AMFW), Select Egy Svcs (WTTR), SEACOR Holdings (CKH), Hunting plc (HTG), RigNet (RNET), North American Energy Partners (NOA), CGG (CGG), Cypress Energy Partners, L.P. (CELP), Profire Energy (PFIE), Willbros Group (WG), Plexus Holdings PLC (POS) and Quadrise Fuels International Plc (QFI).
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 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 owns Keane Group stock?
Keane Group's stock is owned by many different of institutional and retail investors. Top institutional investors include Janus Henderson Group PLC (4.52%), Point72 Asset Management L.P. (2.54%), Ameriprise Financial Inc. (1.47%), TimesSquare Capital Management LLC (1.25%), Macquarie Group Ltd. (1.25%) and Cramer Rosenthal Mcglynn LLC (0.94%). View Institutional Ownership Trends for Keane Group.
Who sold Keane Group stock? Who is selling Keane Group stock?
Keane Group's stock was sold by a variety of institutional investors in the last quarter, including Emerald Advisers Inc. PA, Ameriprise Financial Inc., American Century Companies Inc., TimesSquare Capital Management LLC, Precocity Capital LP, Sei Investments Co., Oppenheimer Asset Management Inc. and Columbus Circle Investors. View Insider Buying and Selling for Keane Group.
Who bought Keane Group stock? Who is buying Keane Group stock?
Keane Group's stock was acquired by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Ninepoint Partners LP, Macquarie Group Ltd., Janus Henderson Group PLC, JPMorgan Chase & Co., Sanders Morris Harris LLC, Citadel Advisors LLC and Nationwide Fund Advisors. View Insider Buying and Selling for Keane Group.
How do I buy Keane Group stock?
Shares of Keane Group 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 Keane Group stock can currently be purchased for approximately $14.59.
How big of a company is Keane Group?
Keane Group has a market capitalization of $1.63161 billion and generates $420.57 million in revenue each year. Keane Group employs 1,401 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 firstname.lastname@example.org.
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 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.
Analysts' Consensus Rating for Keane Group (NYSE:FRAC) (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.
|Ratings Breakdown: ||0 Sell Ratings, 9 Hold Ratings, 10 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.53)|
|Consensus Price Target: ||$20.78 (42.41% upside)|
Consensus Price Target History for Keane Group (NYSE:FRAC)
Analysts' Ratings History for Keane Group (NYSE:FRAC)
(Data available from 11/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/8/2017||Barclays PLC||Upgrade||Underweight -> Equal Weight||N/A|
|11/3/2017||Jefferies Group LLC||Lower Price Target||Buy||$20.00 -> $19.00||N/A|
|10/5/2017||Citigroup Inc.||Set Price Target||Hold||$14.00 -> $18.00||N/A|
|9/19/2017||Piper Jaffray Companies||Reiterated Rating||Buy||$18.00||Low|
|9/12/2017||J P Morgan Chase & Co||Boost Price Target||Overweight||$22.00 -> $23.00||Medium|
|8/1/2017||Scotiabank||Set Price Target||Hold||$21.00||Medium|
|7/27/2017||Capital One Financial Corporation||Reiterated Rating||Overweight||Medium|
|6/23/2017||Iberia Capital||Initiated Coverage||Outperform||$19.00||Low|
|6/21/2017||Morgan Stanley||Reiterated Rating||Overweight||$25.00 -> $22.00||Low|
|6/5/2017||Susquehanna Bancshares Inc||Initiated Coverage||Neutral -> Neutral||$17.00||Medium|
|4/26/2017||R. F. Lafferty||Initiated Coverage||Buy||$22.00||High|
|4/12/2017||BMO Capital Markets||Initiated Coverage||Market Perform||$17.00||Medium|
|3/10/2017||Bank of America Corporation||Upgrade||Neutral -> Buy||$23.00||Low|
|2/14/2017||Scotia Howard Weill||Initiated Coverage||Sector Perform||$24.00||N/A|
|2/14/2017||Wells Fargo & Company||Initiated Coverage||Outperform||$27.00||N/A|
Earnings History and Estimates Chart for Keane Group (NYSE:FRAC)
Earnings History by Quarter for Keane Group (NYSE FRAC)
(Data available from 1/1/2011 forward)
|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|
Earnings Estimates for Keane Group (NYSE:FRAC)
Current Year EPS Consensus Estimate: $0.1 EPS
Next Year EPS Consensus Estimate: $0.97 EPS
Dividend History for Keane Group (NYSE:FRAC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Keane Group (NYSE FRAC)
Institutional Ownership Percentage: 38.32%
Insider Trades by Quarter for Keane Group (NYSE FRAC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|1/25/2017||Keane Investor Holdings Llc||Major Shareholder||Sell||15,074,000||$19.00||$286,406,000.00|| |
Latest Headlines for Keane Group (NYSE FRAC)
Keane Group (NYSE FRAC) Chart for Sunday, November, 19, 2017