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FTS International Priced, NYSE: FTSI

Vertically integrated provider of hydraulic fracturing for the oil and gas industry.

Industry: Energy

First Day Return: +14.5%

Industry: Energy

We are one of the largest providers of hydraulic fracturing services in North America based on both active and total horsepower of our equipment. Our services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production, or E&P, companies in shale and other unconventional resource formations. Our customers include large, independent E&P companies, such as Devon Energy Corporation, EOG Resources, EP Energy Corporation, EQT Production Company and Newfield Exploration Company, that specialize in unconventional oil and natural gas resources in North America. We are one of the top-three hydraulic fracturing companies in some of the most active basins in the United States, including the SCOOP/STACK Formation, Marcellus/Utica Shale, Eagle Ford Shale and the Haynesville Shale. We also have an extensive, long-standing presence in the Permian Basin and have recently increased our presence in this basin by 50%.
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IPO Data
IPO File Date 02/10/2017
Offer Price $18.00
Price Range $15.00 - $18.00
Offer Shares (mm) 19.5
Deal Size ($mm) $351
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 02/01/2018
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $351
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Fort Worth, TX, United States
Founded 2000
Employees at IPO 2,400
Website www.ftsi.com

FTS International (FTSI) Performance