FTS International, Inc. provides hydraulic fracturing services in North America. Its services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production companies (E&P), in shale and other unconventional resource formations. The company's wireline services primarily consist of setting plugs between hydraulic fracturing stages, creating perforations within hydraulic fracturing stages, and logging the characteristics of resource formations. It operates in five unconventional basins in the United States, including the Permian Basin, the SCOOP/STACK Formation, the Marcellus/Utica Shale, the Eagle Ford Shale, and the Haynesville Shale. As of December 31, 2017, it owned 51 wireline units; and had approximately 1.6 million hydraulic horsepower across 32 fleets. The company serves E&P companies that specialize in unconventional oil and natural gas resources. FTS International, Inc. was founded in 2000 and is headquartered in Fort Worth, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Oil & gas field services, not elsewhere classified
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:FTSI
Previous Symbol
CUSIPN/A
Phone817-862-2000
Debt
Debt-to-Equity Ratio7.50
Current Ratio2.72
Quick Ratio2.33
Price-To-Earnings
Trailing P/E Ratio1.43
Forward P/E Ratio4.39
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.47 billion
Price / Sales0.82
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$200.70 million
Net Margins14.98%
Return on Equity-139.46%
Return on Assets33.71%
Miscellaneous
Employees2,400
Outstanding Shares106,350,000
Market Cap$1.20 billion
OptionableOptionable
FTS International (NYSE:FTSI) Frequently Asked Questions
What is FTS International's stock symbol?
FTS International trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTSI."
How were FTS International's earnings last quarter?
FTS International Inc (NYSE:FTSI) posted its earnings results on Monday, October, 29th. The company reported $0.45 EPS for the quarter, missing the Zacks' consensus estimate of $0.61 by $0.16. The company earned $334.40 million during the quarter, compared to analysts' expectations of $388.24 million. FTS International had a net margin of 14.98% and a negative return on equity of 139.46%. The firm's revenue for the quarter was down 25.5% on a year-over-year basis. View FTS International's Earnings History.
When is FTS International's next earnings date?
What price target have analysts set for FTSI?
12 equities research analysts have issued 12-month price targets for FTS International's stock. Their forecasts range from $14.00 to $34.00. On average, they expect FTS International's share price to reach $20.30 in the next twelve months. This suggests a possible upside of 80.0% from the stock's current price. View Analyst Price Targets for FTS International.
What is the consensus analysts' recommendation for FTS International?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FTS International in the last year. There are currently 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for FTS International.
Has FTS International been receiving favorable news coverage?
Media stories about FTSI stock have trended very positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. FTS International earned a coverage optimism score of 3.2 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near term.
Who are some of FTS International's key competitors?
Some companies that are related to FTS International include Subsea 7 (SUBCY), Core Laboratories (CLB), RPC (RES), Liberty Oilfield Services (LBRT), Franks International (FI), Oceaneering International (OII), SemGroup (SEMG), C&J Energy Services (CJ), Keane Group (FRAC), Helix Energy Solutions Group (HLX), Mammoth Energy Services (TUSK), Superior Energy Services (SPN), Select Energy Services (WTTR), National Energy Services (NESR) and Hurricane Energy (HRCXF).
Who are FTS International's key executives?
FTS International's management team includes the folowing people:
- Mr. Michael J. Doss, CEO & Director (Age 45)
- Mr. Buddy Petersen, Chief Operating Officer (Age 52)
- Mr. Perry A. Harris, Sr. VP of Commercial (Age 60)
- Mr. Lance D. Turner, CFO & Treasurer (Age 38)
- Ms. Karen D. Thornton, Chief Admin. Officer (Age 48)
When did FTS International IPO?
(FTSI) raised $258 million in an initial public offering on Friday, February 2nd 2018. The company issued 15,200,000 shares at a price of $15.00-$19.00 per share. Credit Suisse, Morgan Stanley, Wells Fargo Securities, Barclays, Citigroup and Evercore ISI acted as the underwriters for the IPO and Guggenheim Securities, Simmons & Company International (Energy Specialists of Piper Jaffray), Tudor, Pickering, Holt and Cowen were co-managers.
Who are FTS International's major shareholders?
FTS International's stock is owned by a number of of retail and institutional investors. Top institutional investors include Key Group Holdings Cayman LTD. (2.18%), BlackRock Inc. (1.93%), Point72 Asset Management L.P. (1.31%), JPMorgan Chase & Co. (0.57%), JPMorgan Chase & Co. (0.57%) and Wells Fargo & Company MN (0.51%). Company insiders that own FTS International stock include Boon Sim, Chk Energy Holdings Inc, Lance D Turner, Michael J Doss, Perry A Harris and Rrj Capital Master Fund I, LP. View Institutional Ownership Trends for FTS International.
Which institutional investors are selling FTS International stock?
FTSI stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., BlackRock Inc., SeaTown Holdings Pte. Ltd., Viking Fund Management LLC, Chicago Equity Partners LLC, Credit Suisse AG and Meeder Asset Management Inc.. View Insider Buying and Selling for FTS International.
Which institutional investors are buying FTS International stock?
FTSI stock was acquired by a variety of institutional investors in the last quarter, including Key Group Holdings Cayman LTD., BlueMountain Capital Management LLC, O Shaughnessy Asset Management LLC, American Century Companies Inc., Wells Fargo & Company MN, TIAA CREF Investment Management LLC, MERIAN GLOBAL INVESTORS UK Ltd and First Trust Advisors LP. Company insiders that have bought FTS International stock in the last two years include Boon Sim, Lance D Turner, Michael J Doss, Perry A Harris and Rrj Capital Master Fund I, LP. View Insider Buying and Selling for FTS International.
How do I buy shares of FTS International?
Shares of FTSI 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 FTS International's stock price today?
One share of FTSI stock can currently be purchased for approximately $11.28.
How big of a company is FTS International?
FTS International has a market capitalization of $1.20 billion and generates $1.47 billion in revenue each year. FTS International employs 2,400 workers across the globe.
What is FTS International's official website?
How can I contact FTS International?
FTS International's mailing address is 777 MAIN STREET, FORT WORTH TX, 76102. The company can be reached via phone at 817-862-2000 or via email at [email protected]
MarketBeat Community Rating for FTS International (NYSE FTSI)
MarketBeat's community ratings are surveys of what our community members think about FTS International and other stocks. Vote "Outperform" if you believe FTSI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FTSI will underperform the S&P 500 over the long term. You may vote once every thirty days.
