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
Phone817-862-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.47 billion
Profitability
Miscellaneous
Employees2,400
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) announced its earnings results on Monday, October, 29th. The company reported $0.45 earnings per share 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 analyst estimates of $388.24 million. FTS International had a negative return on equity of 139.46% and a net margin of 14.98%. The firm's revenue 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?
13 analysts have issued twelve-month price objectives for FTS International's stock. Their predictions range from $8.00 to $27.00. On average, they expect FTS International's share price to reach $16.0909 in the next twelve months. This suggests a possible upside of 99.9% from the stock's current price. View Analyst Price Targets for FTS International.
What is the consensus analysts' recommendation for FTS International?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FTS International in the last year. There are currently 5 hold ratings and 8 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?
Press coverage about FTSI stock has trended very positive on Monday, InfoTrie reports. InfoTrie rates the sentiment of news coverage by analyzing 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 nearest to five being the most favorable. FTS International earned a news impact score of 3.2 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Are investors shorting FTS International?
FTS International saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,989,193 shares, an increase of 85.6% from the December 14th total of 1,610,962 shares. Based on an average trading volume of 926,185 shares, the days-to-cover ratio is currently 3.2 days. Approximately 4.2% of the company's shares are sold short. View FTS International's Current Options Chain.
Who are some of FTS International's key competitors?
Some companies that are related to FTS International include Core Laboratories (CLB), RPC (RES), Liberty Oilfield Services (LBRT), Oceaneering International (OII), SemGroup (SEMG), Franks International (FI), C&J Energy Services (CJ), Helix Energy Solutions Group (HLX), Mammoth Energy Services (TUSK), Keane Group (FRAC), Select Energy Services (WTTR), Hurricane Energy (HRCXF), National Energy Services (NESR), KLX Energy Services (KLXE) and Superior Energy Services (SPN).
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. Lance D. Turner, CFO & Treasurer (Age 38)
- Ms. Karen D. Thornton, Chief Admin. Officer (Age 48)
- Ms. Jennifer L. Keefe, Sr. VP, Gen. Counsel & Chief Compliance Officer (Age 45)
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 served 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.
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 $8.05.
How big of a company is FTS International?
FTS International has a market capitalization of $856.11 million 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.
