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
Industry Oil & gas field services, not elsewhere classified
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:FTSI
CUSIPN/A
Phone817-862-2000
Debt
Debt-to-Equity Ratio-8.54
Current Ratio2.45
Quick Ratio2.20
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.47 billion
Price / Sales1.15
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees2,400
Outstanding Shares106,350,000
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) released its earnings results on Tuesday, May, 1st. The company reported $5.79 earnings per share for the quarter, beating the consensus estimate of $0.77 by $5.02. The firm earned $467.50 million during the quarter, compared to analyst estimates of $468 million. View FTS International's Earnings History.
What price target have analysts set for FTSI?
9 equities research analysts have issued 12 month target prices for FTS International's shares. Their forecasts range from $23.00 to $35.00. On average, they anticipate FTS International's share price to reach $29.2857 in the next twelve months. View Analyst Ratings for FTS International.
Who are some of FTS International's key competitors?
Some companies that are related to FTS International include Core Laboratories (CLB), Subsea 7 (SUBCY), RPC (RES), Oceaneering International (OII), Liberty Oilfield Services (LBRT), SemGroup (SEMG), Mammoth Energy Services (TUSK), Franks International (FI), C&J Energy Services (CJ), Keane Group (FRAC), Superior Energy Services (SPN), Select Energy Services (WTTR), Helix Energy Solutions Group (HLX), Hurricane Energy (HRCXF) and NCS Multistage (NCSM).
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 IPO 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.
When does the company's lock-up period expire?
FTS International's lock-up period expires on Wednesday, August 1st. FTS International had issued 19,500,000 shares in its IPO on February 2nd. The total size of the offering was $351,000,000 based on an initial share price of $18.00. After the expiration of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.
Has FTS International been receiving favorable news coverage?
Press coverage about FTSI stock has trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. FTS International earned a news impact score of 0.09 on Accern's scale. They also assigned news coverage about the company an impact score of 46.07 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are FTS International's major shareholders?
FTS International's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Temasek Holdings Private Ltd (39.13%), BlackRock Inc. (2.64%), Point72 Asset Management L.P. (1.26%), Zimmer Partners LP (0.86%), Millennium Management LLC (0.75%) and JPMorgan Chase & Co. (0.66%). 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 buying FTS International stock?
FTSI stock was bought by a variety of institutional investors in the last quarter, including Temasek Holdings Private Ltd, BlackRock Inc., Point72 Asset Management L.P., Zimmer Partners LP, Millennium Management LLC, JPMorgan Chase & Co., Ninepoint Partners LP and Broad Peak Investment Management LTD.. 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 $15.87.
How big of a company is FTS International?
FTS International has a market capitalization of $1.67 billion and generates $1.47 billion in revenue each year. FTS International employs 2,400 workers across the globe.
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 (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.
