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
SymbolNYSE:FTSI
CUSIPN/A
Phone817-862-2000
Debt
Debt-to-Equity Ratio28.83
Current Ratio2.58
Quick Ratio2.26
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 / Sales0.87
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
Market Cap$1.24 billion
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 quarterly earnings data on Tuesday, July, 31st. The company reported $0.95 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.04 by $0.09. The business had revenue of $493.30 million for the quarter, compared to analysts' expectations of $528.87 million. View FTS International's Earnings History.
When is FTS International's next earnings date?
What price target have analysts set for FTSI?
12 analysts have issued 12-month price targets for FTS International's shares. Their forecasts range from $12.00 to $34.00. On average, they anticipate FTS International's stock price to reach $20.20 in the next twelve months. This suggests a possible upside of 68.1% 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 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for FTS International.
Are investors shorting FTS International?
FTS International saw a increase in short interest in the month of September. As of September 14th, there was short interest totalling 1,911,993 shares, an increase of 49.2% from the August 31st total of 1,281,674 shares. Based on an average daily volume of 932,997 shares, the short-interest ratio is currently 2.0 days. Currently, 2.7% 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), Subsea 7 (SUBCY), RPC (RES), Oceaneering International (OII), Liberty Oilfield Services (LBRT), Franks International (FI), SemGroup (SEMG), C&J Energy Services (CJ), Superior Energy Services (SPN), Helix Energy Solutions Group (HLX), Keane Group (FRAC), Select Energy Services (WTTR), Mammoth Energy Services (TUSK), 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 (IPO) on Friday, February 2nd 2018. The company issued 15,200,000 shares at $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 did the company's lock-up period expire?
FTS International's lock-up period expired 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. Since the end of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company have been lifted.
Who are FTS International's major shareholders?
FTS International's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.23%), Point72 Asset Management L.P. (1.61%), Millennium Management LLC (1.22%), Feinberg Stephen (0.87%), Lonestar Capital Management LLC (0.61%) and Jennison Associates LLC (0.54%). 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 FMR LLC, BlackRock Inc., BTG Pactual Global Asset Management Ltd, Jennison Associates LLC, Waddell & Reed Financial Inc. and Penn Capital Management Co. Inc.. View Insider Buying and Selling for FTS International.
Which institutional investors are buying FTS International stock?
FTSI stock was purchased by a variety of institutional investors in the last quarter, including Lonestar Capital Management LLC, Feinberg Stephen, Millennium Management LLC, Point72 Asset Management L.P., Viking Fund Management LLC, Benefit Street Partners LLC, Chicago Equity Partners LLC and GSA Capital Partners LLP. 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 $12.02.
How big of a company is FTS International?
FTS International has a market capitalization of $1.24 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.
