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Keane Group Prices IPO at $17.00-$19.00 Per Share (FRAC)

Keane Group (FRAC) is planning to raise $301 million in an initial public offering (IPO) on Friday, January 20th. The company will issue 16,700,000 shares at $17.00-$19.00 per share. In the last year, Keane Group generated $323.5 million in revenue and had a net loss of $174.3 million. Keane Group has a market cap of $1.8 billion. Citigroup, Morgan Stanley, BofA Merrill Lynch and J.P. Morgan served as the underwriters for the IPO and Wells Fargo Securities, Simmons & Company International (Energy Specialists of Piper Jaffray), Houlihan Lokey,... 
 
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