Keane Group Inc (FRAC) Buy, Sell or Hold

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Keane Group Inc (FRAC)

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4.55

-0.00 (0.00%)

as of Oct 30, 2019, 8:00:31 pm Market Open.

2 watching

PAST TOP PICK

(A Top Pick Feb 09/18, Down 28%) This was an IPO of the US assets of Trican. A US pressure pumper company that is still under stress. Investors have to remember this sector has to compete with others with the same rate of return metrics. This company will again under spend their budget -- not fantastic.

SELL

One of the better US pumpers with respect to balance sheet. They are generating free cash flow. There is no catalyst to buy this stock. More reasons to own Canadian than any US pressure pumpers. Would sell this and buy Trican.

COMMENT

This is an example of a US Pressure pumping stock. He is strongly positive on the category. Keane has net cash and is doing a 100 million share buy back. It trades at 3.5 times EBITDA with a 15% free cash flow yield. There is a lock-up from their private equity sponsor but that comes off today or tomorrow and will have its effect for a short time. Because of the bad weather, focus on their forward-looking guidance.

TOP PICK

US pure play on pressure pumping. Q4 was weak due to Christmas and Q1 due to cold weather. Next quarters outlook is very strong. Market remains tight. Free cash flow yield of 11%. Trading at 3.5 EBITDA. (Analysts’ price target is $22.35)

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Keane Group Inc (FRAC) Frequently Asked Questions

What is Keane Group Inc stock symbol?

Keane Group Inc is a American stock, trading under the symbol FRAC (previously FRAC-N on Stockchase) on the New York Stock Exchange (FRAC). It is usually referred to as NYSE:FRAC or FRAC

Is Keane Group Inc a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on FRAC (previously FRAC-N on Stockchase) on Stockchase. Read the latest expert commentary for Keane Group Inc.

Is Keane Group Inc a good investment or a top pick?

Keane Group Inc was recommended as a Top Pick by Eric Nuttall on 2018-02-09. Read the latest stock experts ratings for Keane Group Inc.

Why is Keane Group Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Keane Group Inc.

Is Keane Group Inc worth watching?

Keane Group Inc is covered by Stockchase experts and is worth watching.

What is Keane Group Inc stock price?

On 2019-10-30, Keane Group Inc (FRAC) stock closed at a price of $4.55.

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Keane Group Inc (FRAC)