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United States

Keane Group Inc (FRAC.N)

FRAC.N on New York Stock Exchange

8.96USD
14 Dec 2018
Change (% chg)

$-0.54 (-5.68%)
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Latest Key Developments (Source: Significant Developments)

Trican announces secondary offering of Keane shares
Monday, 3 Dec 2018 05:19pm EST 

Dec 3 (Reuters) - Trican Well Service Ltd ::TRICAN ANNOUNCES SECONDARY OFFERING OF KEANE SHARES.TRICAN WELL SERVICE - ANNOUNCED PRICING OF UNDERWRITTEN SECONDARY OFFERING OF SHARES OF KEANE GROUP BY ONE OF ITS STOCKHOLDERS OF 5.3 MILLION KEANE SHARES.  Full Article

Keane Group Qtrly Shr $0.39
Monday, 26 Feb 2018 09:19pm EST 

Feb 26 (Reuters) - Keane Group Inc ::KEANE ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2017 FINANCIAL AND OPERATIONAL RESULTS; $100 MILLION STOCK REPURCHASE PROGRAM.Q4 EARNINGS PER SHARE $0.39.Q4 REVENUE $501.5 MILLION.‍BOARD OF DIRECTORS AUTHORIZED STOCK REPURCHASE PROGRAM OF UP TO $100 MILLION​.‍DURATION OF STOCK BUY-BACK PROGRAM WILL BE 12 MONTHS​.‍FOR Q1 OF 2018, NORMALIZED REVENUE IS EXPECTED TO INCREASE TO APPROXIMATELY $530 MILLION​.‍NORMALIZED ANNUALIZED ADJUSTED GROSS PROFIT PER FLEET IS EXPECTED TO BE APPROXIMATELY $18 MILLION FOR Q1 OF 2018​.  Full Article

Keane Group Says Increases Size Of Secondary Offering To 11.0 Mln Shares From 6.0 Mln Shares
Tuesday, 16 Jan 2018 08:06am EST 

Jan 16 (Reuters) - Keane Group Inc ::KEANE GROUP INC SAYS INCREASES SIZE OF SECONDARY OFFERING TO 11.0 MILLION SHARES FROM 6.0 MILLION SHARES - SEC FILING.  Full Article

Keane Group Sees Revenue $498 Mln To $500 Mln For Three Months Ended Dec. 31
Thursday, 11 Jan 2018 06:29am EST 

Jan 11 (Reuters) - Keane Group Inc ::KEANE GROUP SEES REVENUE $498 MILLION TO $500 MILLION FOR THREE MONTHS ENDED DEC. 31.KEANE GROUP SEES NET INCOME OF $36.3 MILLION - $41.3 MILLION FOR THREE-MONTHS ENDED DEC. 31 - SEC FILING.KEANE GROUP SEES COST OF SERVICES $388 MILLION - $390 MILLION FOR THREE-MONTHS ENDED DEC. 31.Q4 REVENUE VIEW $519.0 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Keane Group Files For Offering 6 Mln Shares Of Common Stock By The Selling Stockholder
Thursday, 11 Jan 2018 06:28am EST 

Jan 11 (Reuters) - Keane Group Inc ::KEANE GROUP INC FILES FOR OFFERING 6.0 MILLION SHARES OF COMMON STOCK BY THE SELLING STOCKHOLDER - SEC FILING.  Full Article

Keane Group Amends Asset-Based Revolving Credit Facility
Thursday, 28 Dec 2017 04:15pm EST 

Dec 28 (Reuters) - Keane Group Inc ::KEANE ANNOUNCES AMENDED ASSET-BASED REVOLVING CREDIT FACILITY.KEANE GROUP INC - ‍NEW ABL FACILITY EXPANDS COMPANY'S TOTAL AVAILABILITY BY $150 MILLION TO A TOTAL OF $300 MILLION, SUBJECT TO A BORROWING BASE​.KEANE GROUP INC - ‍CO'S ESTIMATED AVAILABILITY UNDER ITS NEW ABL FACILITY FOLLOWING AMENDMENT IS APPROXIMATELY $215 MILLION​.KEANE GROUP - NEW ABL FACILITY ALSO ALLOWS FOR INCREASE IN COMMITMENTS OF UP TO AN ADDITIONAL $150 MILLION, UP FROM PREVIOUS AMOUNT OF UP TO $75 MILLION.  Full Article

Keane Group Inc - ‍Placed Orders For Approximately 150,000 Newbuild Hydraulic Horsepower
Thursday, 14 Dec 2017 06:00am EST 

Dec 14 (Reuters) - Keane Group Inc ::KEANE GROUP INC - ‍PLACED ORDERS FOR APPROXIMATELY 150,000 NEWBUILD HYDRAULIC HORSEPOWER, REPRESENTING THREE ADDITIONAL HYDRAULIC FRACTURING FLEETS​.KEANE GROUP INC- EXPECT NEWBUILDS TO INITIALLY GENERATE ANNUALIZED ADJUSTED GROSS PROFIT PER FLEET OF GREATER THAN $20 MILLION.KEANE GROUP INC- TOTAL CAPITAL EXPENDITURES FOR THREE FLEETS WILL BE APPROXIMATELY $115 MILLION.KEANE GROUP - ‍IN ADVANCED DISCUSSIONS WITH BOTH EXISTING AND NEW CUSTOMERS AND EXPECT TO EXECUTE DEDICATED AGREEMENTS FOR NEW FLEETS BY END OF Q1 2018​.KEANE GROUP INC - ‍TWO FLEETS EXPECTED TO BE DELIVERED AND DEPLOYED BY END OF Q2 OF 2018, AND A THIRD BY END OF Q3 OF 2018​.KEANE GROUP INC - ‍INTEND TO FUND CAPITAL EXPENDITURES FOR FLEETS OUT OF CASH ON HAND AND EXPECTED CASH FLOW FROM OPERATING ACTIVITIES​.KEANE GROUP INC- EXPECT GROWTH FROM NEWBUILDS, PROFITABILITY FOR EXISTING 26 FLEETS, TO GENERATE ATTRACTIVE CASH FLOW IN 2018.  Full Article

Keane Group reports Q3 revenue of $477.3 mln
Wednesday, 1 Nov 2017 06:31pm EDT 

Nov 1 (Reuters) - Keane Group Inc -:Q3 revenue $477.3 million versus I/B/E/S view $491.1 million.Keane announces third quarter 2017 financial and operational results.Keane Group Inc says ‍revenue for Q4 of 2017 is expected to increase between 5 pct and 15 pct sequentially​.Expects annualized adjusted gross profit per fleet for portfolio to increase to $16 million-$18 million on exit-rate basis by end of Q4‍​ 2017.  Full Article

Keane Group Q2 loss per share $0.11
Monday, 31 Jul 2017 05:25pm EDT 

July 31 (Reuters) - Keane Group Inc :Keane announces second quarter 2017 financial and operational results.Q2 revenue $323.1 million versus I/B/E/S view $317.5 million.Qtrly loss per share $0.11.Says ‍revenue for Q3 of 2017 is expected to increase between 45% and 60% sequentially​.Q2 earnings per share view $-0.09 -- Thomson Reuters I/B/E/S.Q3 revenue view $443.7 million -- Thomson Reuters I/B/E/S.  Full Article

Edelman & Guill Energy LP II reports 7.64 percent passive stake in Keane Group
Wednesday, 12 Jul 2017 03:00pm EDT 

July 12 (Reuters) - Keane Group Inc :Edelman & Guill Energy LP II reports 7.64 percent passive stake in Keane Group Inc as of July 3 -sec filing.  Full Article

RPT-U.S. oil service firms face tough quarter despite high crude prices

HOUSTON, Oct 17 Even as crude prices hover near four-year highs, U.S. oilfield service firms' third-quarter results due out in coming days will reflect a shaky recovery, as their customers face drilling constraints and pressure to hold down spending.