Liberty Oilfield Services

Liberty Energy, Inc. engages in the provision of hydraulic fracturing services to onshore oil and natural gas exploration and production companies in North America. Its hydraulic fracturing fleets consist of mobile hydraulic fracturing units and other auxiliary equipment to perform fracturing services. The company was founded on December 21, 2016 and is headquartered in Denver, CO.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

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Liberty Oilfield Services achieves record earnings, invests in innovation

Liberty Oilfield Services reported strong financial performance in 2022, with record earnings and revenue growth. They are optimistic about the North American hydrocarbons outlook and are investing in innovation and low-emission technology for future growth.
The company's focus on buyback strategies, dividend payments, and shareholder value maximization demonstrates a commitment to enhancing investor returns. Challenges in the natural gas market and operational efficiency require strategic adaptation and monitoring.
Opportunities lie in innovation, sand supply expansion, and market trends for Liberty to differentiate itself, improve service quality, and drive revenue growth. Efficiency gains from technology and cost-effective solutions offer avenues for operational enhancement and profitability.
Analyst questions during the earnings call centered on market positioning, technology deployment timelines, margin comparisons, and strategies for maintaining profitability and market share. Liberty's performance and strategic focus indicate a resilient and forward-thinking approach to navigating industry challenges and opportunities.

Liberty Oilfield Services (LBRT) reports record Q1 profitability and growth opportunities

Liberty Oilfield Services (LBRT) delivered strong financial results, focusing on profitability, shareholder returns, and strategic growth initiatives.
Despite potential challenges from market dynamics and inflation, the company remains well-positioned to capitalize on industry trends and maximize free cash flow.
With a positive outlook for natural gas, efficient technologies, and confirmed EBITDA growth guidance, Liberty is poised for continued success in the energy sector.

Liberty Oilfield Services reports robust Q2 performance amidst market challenges

Liberty Oilfield Services delivered strong financial results in Q2, showcasing operational excellence and investor confidence.
Challenges include market conditions impacting net income and competitive dynamics in the frac market.
Opportunities lie in growth outlook, innovation in lower carbon solutions, and strategic investments for long-term success.
Overall, Liberty's performance, strengths, and focus on sustainability position the company well for future growth and market leadership.

Liberty Oilfield Services excels in Q3, eyes sustained growth

Liberty Oilfield Services delivered strong financial results in Q3, driven by operational efficiency and technological advancements.
The company's focus on innovation, disciplined investments, and strategic priorities position it for continued growth.
Challenges in market stability and pricing discipline require careful navigation, but opportunities for EBITDA growth and market expansion are on the horizon.

Liberty Oilfield Services excels in 2023, poised for sustainable growth

Liberty Oilfield Services delivered strong financial results in 2023, with a focus on technology-driven efficiency improvements and shareholder value creation. The company's strategic investments in AI, natural gas fuel supply, and capacity expansion position it well for future growth. While facing challenges in market dynamics and technology adoption, Liberty remains committed to balancing innovation with profitability.

Liberty Oilfield Services reports strong Q1 results and eyes growth in new markets and technology

Liberty Oilfield Services delivered strong financial performance in Q1, focusing on profitable growth and low emissions technologies.
Despite market challenges and supply chain issues, the company is optimistic about sequential revenue and EBITDA growth in Q2.
Entering new markets like the Beetaloo Basin in Australia and investing in next-gen technology present significant growth opportunities.
The company's commitment to social impact through the Bettering Human Lives Foundation showcases a broader focus beyond financial metrics.

Liberty Oilfield Services excels in Q2, prioritizes innovation and shareholder returns

Liberty Oilfield Services reported robust Q2 2024 earnings, emphasizing financial strength, innovation, and a commitment to shareholder returns. Despite industry challenges, the company remains optimistic about its performance and growth prospects.

Liberty Oilfield Services reports robust Q3 earnings amidst market challenges

Liberty Oilfield Services (LBRT) delivered strong financial performance in Q3 2024 despite market challenges, showcasing resilience and strategic planning.
The company's focus on innovation, customer relationships, and social responsibility positions it well for future growth and sustainability.
Opportunities in power generation services, clean cooking fuels, and market expansion present avenues for continued success and impact.
Navigating through market softness and leveraging strengths in technology and partnerships will be key for Liberty's future growth and profitability.

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Liberty Energy, Inc. engages in the provision of hydraulic fracturing services to onshore oil and natural gas exploration for production companies in North America. The company was founded on December 21, 2016 and is headquartered in Denver, CO.

Liberty handily beat 4Q20 estimates on better-than-expected activity rebound. Liberty is starting to see an improved 2021 outlook for pressure pumping.

Liberty Oilfield Services: Activity Rebound Drives Quarterly Beat, But The Brighter Outlook Is The Real Highlight

Liberty Oilfield Services (LBRT) delivered earnings and revenue surprises of 10.81% and 37.63%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Liberty Oilfield Services (LBRT) Reports Q4 Loss, Tops Revenue Estimates

Shares of Liberty Oilfield Services (NYSE:LBRT) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 241.67% year over year to ($0.41), which missed the estimate of ($0.35).

Recap: Liberty Oilfield Services Q4 Earnings

DENVER--(BUSINESS WIRE)--Liberty Oilfield Services Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today fourth quarter and full year 2020 financial and operational results. Summary Results and Highlights Revenue of $966 million and net loss1 of $161 million, or $1.36 fully diluted loss per share, for the year ended December 31, 2020 Adjusted EBITDA2 of $58 million, which excludes stock based compensation of $17 million, and annualized Adjusted EBITDA per average active fleet of $4.4 mi

Liberty Oilfield Services Inc. Announces Fourth Quarter and Full Year 2020 Financial and Operational Results

DENVER--(BUSINESS WIRE)--Liberty Oilfield Services Inc. (NYSE: LBRT) announced today that it will release its financial results for the fourth quarter and full-year 2020 after the market closes on Thursday, February 4, 2021. Following the release, the Company will host a conference call to discuss the results at 8:00 AM Mountain Time (10:00 AM Eastern Time) on Friday, February 5, 2021. Presenting the Company's results will be Chris Wright, Chief Executive Officer, Ron Gusek, President and Micha

Liberty Oilfield Services Inc. Announces Timing of Release of Fourth Quarter and Full-Year 2020 Financial Results and Conference Call

Schlumberger

DENVER & HOUSTON--(BUSINESS WIRE)--Liberty Oilfield Services Inc. (NYSE: LBRT) and Schlumberger (NYSE: SLB) announced today the completion of the contribution of Schlumberger's onshore hydraulic fracturing business in the United States and Canada (“OneStim®”) to Liberty on December 31, 2020, including its pressure pumping, pumpdown perforating, and Permian frac sand businesses, in exchange for a 37% equity interest in Liberty. The transaction strengthens Liberty's position in offering one of th

Liberty and Schlumberger Close North American Pressure Pumping Transaction

Liberty Oilfield Services, Inc. (LBRT) CEO Chris Wright on Q3 2020 Results - Earnings Call Transcript

Liberty reported revenue, EBITDA, and EPS modestly better than consensus as their active frac fleet essentially doubled off the second quarter trough. The sequential outlook is better than we expected relative to their prior comments.

Liberty Oilfield Services Reports Solid Q3 2020 Results And Outlook Improves Ahead Of Acquisition

Liberty Oilfield Services (LBRT) delivered earnings and revenue surprises of 7.14% and 15.30%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Liberty Oilfield Services (LBRT) Reports Q3 Loss, Tops Revenue Estimates

DENVER--(BUSINESS WIRE)--Liberty Oilfield Services Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today third quarter 2020 financial and operational results. Summary Results and Highlights Revenue of $147 million, a 67% increase from the second quarter of 2020 Net loss1 of $49 million, or $0.41 fully diluted loss per share, and Adjusted EBITDA2 of $(3) million including non-cash items of over $4 million for the quarter ended September 30, 2020 Expect greater than 20% sequential growth

Liberty Oilfield Services Inc. Announces Third Quarter 2020 Financial and Operational Results

Liberty has been hit hard by the downturn, but recently has gotten a boost from its acquisition of Schlumberger's frac fleets.

Liberty Oilfield Services: Bottom Fishing The Frack Patch

DENVER--(BUSINESS WIRE)--Liberty Oilfield Services Inc. (NYSE:LBRT) announced today that it will release its financial results for the third quarter 2020 on Tuesday, October 27, 2020 after the market closes. Following the release, the Company will host a conference call to discuss the results at 8:00AM Mountain Time (10:00AM Eastern Time) on Wednesday, October 28, 2020. Presenting the Company’s results will be Chris Wright, Chief Executive Officer, Ron Gusek, President and Michael Stock, Chief

Liberty Oilfield Services Inc. Announces Timing of Release of Third Quarter Financial Results and Conference Call

LOS ANGELES--(BUSINESS WIRE)---- $LBRT #classaction--The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Liberty Oilfield Services Inc. ("Liberty" or "the Company") (NYSE: LBRT) concerning whether the board breached its fiduciary duties to shareholders. If you are a shareholder, click here to participate. On February 5, 2020, after the market closed, Liberty issued a press release announcing its financial and operations results for fourth quarter and full year 2019. Th

The Law Offices of Frank R. Cruz Announces Investigation of Liberty Oilfield Services Inc. (LBRT) on Behalf of Investors

DENVER--(BUSINESS WIRE)--Liberty Oilfield Services Inc. (NYSE: LBRT) (“Liberty” or the “Company”) announced today that members of Liberty management plan to participate in the virtual Bank of America 2020 Digital Energy Forum on Tuesday, September 22, 2020. Liberty will discuss digital technologies that have been central to the Company’s business strategy since its founding. Presenting at the conference will be Ron Gusek, President, and Dr. Leen Weijers, Vice President of Engineering at Liberty

Liberty to Participate in the Bank of America 2020 Digital Energy Forum

Liberty Oilfield Services Bulks Ahead Of Sector Rebound

Liberty Oilfield Service Bulks Ahead Of Sector Rebound

Liberty Oilfield Services: A Brilliant Play For Schlumberger's Assets

Liberty Oilfield Services' acquisition of Schlumberger's shale fracking business will make it the third-largest oilfield services firm by North American revenue, nudging out Baker Hughes Co in a bet on a shale rebound.

Eying a shale rebound, Liberty Oilfield strikes deal with Schlumberger

Oilfield services giant Schlumberger Ltd. (NYSE: SLB) took a third-quarter, pretax impairment charge of $1.6 billion on its North American pressure pumping business last year.

Why Schlumberger Is Giving Away Its Fracking Business

A big deal with an industry giant has investors excited about Liberty Oilfield Services. Really, really excited.

Why Liberty Oilfield Services Stock Rocketed by as Much as 40% on Sept. 1

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It's not all about the videoconferencing platform provider.

Markets Climb Again: These 2 Soaring Stocks Have Nothing to Do With Zoom

In an announcement on Tuesday, Schlumberger Limited (NYSE: SLB) said it has decided in favour of selling its U.S. fracking unit to Denver-based Liberty Oilfield Services Inc (NYSE: LBRT).

Schlumberger to merge its U.S. fracking business with Liberty Oilfield Services

Schlumberger said on Tuesday it would merge its North America fracking business with Liberty Oilfield Services Inc for a 37% stake in the new company as oilfield service activities remain crippled due to weak oil demand.

Schlumberger to merge North America fracking unit with Liberty Oilfield Services

DENVER & HOUSTON--(BUSINESS WIRE)--Liberty Oilfield Services Inc. (NYSE: LBRT) and Schlumberger (NYSE: SLB) announced today an agreement for the contribution of Schlumberger’s onshore hydraulic fracturing business in the United States and Canada (“OneStim®”), including its pressure pumping, pumpdown perforating, and Permian frac sand businesses to Liberty in exchange for a 37% equity interest in the combined company.

Schlumberger to Contribute North American Pressure Pumping Business to Liberty

Liberty Oilfield Services Inc. (LBRT) CEO Chris Wright on Q2 2020 Results - Earnings Call Transcript

News for Liberty Oilfield Services Stock (LBRT)