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home / news releases / FRAC - Boom? Bust! Oil Crash Could Drag Down DMC Global

FRAC - Boom? Bust! Oil Crash Could Drag Down DMC Global

Keane Group Inc.

DMC Global (BOOM) has seen a share price increase far exceeding the oil services index (OIH) and the price of oil (USO) in the past few years:

Data by YCharts

As seen below, DMC Global's transition from negative to positive net income and then substantial net income growth per share sent the share price rocketing up more than 600% in the past three years.

Data by YCharts

This happened as BOOM shifted from losing money to positive net income, mostly from the increased popularity of their DynaEnergetics product line.

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Stock Information
Company Name: Keane Group Inc.
Stock Symbol: FRAC
Market: NYSE
Website: keanegrp.com
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