LBRT - Liberty Energy Inc Stock Price, Fair Value and News

21.80USD-0.27 (-1.22%)Market Closed

Market Summary

USD21.80-0.27

Market Closed

-1.22%

LBRT Alerts

4 major insider sales recently.

Big fall in Revenue (Y/Y)
Big fall in earnings (Y/Y)

LBRT Stock Price

View Fullscreen

LBRT RSI Chart

LBRT Valuation

Market Cap

3.6B

Price/Earnings (Trailing)

7.62

Price/Sales (Trailing)

0.8

Price/Free Cashflow

3.74

LBRT Price/Sales (Trailing)

LBRT Profitability

Return on Equity

25.24%

Return on Assets

15.35%

Free Cashflow Yield

26.75%

LBRT Fundamentals

LBRT Revenue

Revenue (TTM)

4.6B

Rev. Growth (Yr)

-14.97%

Rev. Growth (Qtr)

-0.17%

LBRT Earnings

Earnings (TTM)

475.6M

Earnings Growth (Yr)

-49.65%

Earnings Growth (Qtr)

-11.36%

Breaking Down LBRT Revenue

Last 7 days

3.7%

Last 30 days

-1.6%

Last 90 days

13.0%

Trailing 12 Months

78.2%

How does LBRT drawdown profile look like?

LBRT Financial Health

Current Ratio

1.48

Debt/Equity

0.09

Debt/Cashflow

5.84

LBRT Investor Care

Dividend Yield

1.01%

Buy Backs (1Y)

5.80%

Diluted EPS (TTM)

2.73

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	4.6B	0	0	0
2023	4.6B	4.9B	4.9B	4.7B
2022	2.7B	3.1B	3.6B	4.1B
2021	1.0B	1.5B	2.0B	2.5B
2020	1.9B	1.5B	1.1B	965.8M
2019	2.2B	2.1B	2.1B	2.0B
2018	1.7B	2.0B	2.1B	2.2B
2017	653.5M	932.3M	1.2B	1.5B
2016	0	0	0	374.8M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Liberty Energy Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 03, 2024	wright christopher a	sold	-432,800	21.64	-20,000	chairman of the board and ceo
May 02, 2024	wright christopher a	sold	-427,800	21.39	-20,000	chairman of the board and ceo
May 01, 2024	stock michael	sold	-436,596	21.8298	-20,000	chief financial officer
Apr 30, 2024	gusek ron	sold	-962,539	22.703	-42,397	president
Apr 29, 2024	elliott r sean	sold	-462,024	23.1012	-20,000	chief legal officer
Apr 29, 2024	gusek ron	sold	-1,149,470	22.9894	-50,000	president
Apr 04, 2024	wright christopher a	sold	-453,200	22.66	-20,000	chairman of the board and ceo
Apr 03, 2024	wright christopher a	sold	-449,800	22.49	-20,000	chairman of the board and ceo
Apr 01, 2024	gosney ryan t	acquired	-	-	80,908	chief accounting officer

Which funds bought or sold LBRT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	ASSETMARK, INC	sold off	-100	-1,397	-	-%
May 07, 2024	MEEDER ASSET MANAGEMENT INC	unchanged	-	429	3,440	-%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-97.07	-7,263,010	251,106	-%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	added	20.02	458,000	1,692,000	-%
May 07, 2024	PANAGORA ASSET MANAGEMENT INC	reduced	-0.45	858,929	7,122,420	0.04%
May 07, 2024	Empowered Funds, LLC	added	139	8,716,020	13,734,500	0.12%
May 07, 2024	Swiss National Bank	reduced	-0.85	767,076	6,553,740	-%
May 07, 2024	Headlands Technologies LLC	reduced	-72.03	-118,166	55,488	0.01%
May 07, 2024	CLIFFORD CAPITAL PARTNERS LLC	added	2.31	1,632,000	11,310,900	2.87%
May 07, 2024	Arizona State Retirement System	reduced	-2.72	91,262	912,115	0.01%

Are Funds Buying or Selling LBRT?

Are funds buying LBRT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LBRT

No. of Funds

Unveiling Liberty Energy Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	t. rowe price investment management, inc.	5.4%	9,097,818	SC 13G
Feb 13, 2024	vanguard group inc	11.40%	19,224,315	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	5.6%	9,443,949	SC 13G
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 22, 2024	blackrock inc.	15.3%	25,855,259	SC 13G/A
Oct 13, 2023	fmr llc	-	0	SC 13G/A
Oct 10, 2023	fil ltd	-	0	SC 13G/A
Oct 06, 2023	blackrock inc.	15.2%	25,954,573	SC 13G/A
Feb 14, 2023	t. rowe price investment management, inc.	5.9%	10,668,607	SC 13G
Feb 14, 2023	price t rowe associates inc /md/	1.1%	2,028,144	SC 13G/A

Recent SEC filings of Liberty Energy Inc

View All Filings

Date Filed	Form Type	Document
May 03, 2024	4	Insider Trading
May 01, 2024	144	Notice of Insider Sale Intent
May 01, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 30, 2024	4	Insider Trading
Apr 29, 2024	144	Notice of Insider Sale Intent
Apr 29, 2024	144	Notice of Insider Sale Intent
Apr 19, 2024	8-K	Current Report
Apr 18, 2024	8-K	Current Report
Apr 18, 2024	10-Q	Quarterly Report

Peers (Alternatives to Liberty Energy Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SLB	68.4B	-	-11.45%	1.44%	15.77	17.99	-86.47%	12.21%
HAL	32.8B	23.1B	-9.59%	23.02%	12.63	1.42	6.71%	32.21%
MID-CAP
FTI	11.5B	8.1B	-0.11%	88.18%	53.83	1.41	18.75%	572.06%
NOV	7.5B	8.8B	-7.16%	19.44%	7.58	0.85	14.70%	198.19%
CHX	6.5B	3.7B	-12.00%	24.29%	17.72	1.73	-4.02%	100.20%
LBRT	3.6B	4.6B	-1.62%	78.19%	7.62	0.8	-1.29%	-16.22%
AROC	3.2B	1.0B	-3.45%	103.74%	24.42	3.06	17.17%	118.50%
SMALL-CAP
DNOW	1.6B	2.3B	-4.73%	57.39%	6.31	0.67	8.66%	93.36%
CLB	681.3M	-	-4.75%	-21.89%	28.73	1.36	-	-
DRQ	661.6M	443.5M	-17.04%	-24.68%	-30.5	1.49	19.98%	-325.36%
CCLP	344.8M	386.1M	17.68%	82.03%	-36.38	0.89	9.26%	57.09%
BOOM	269.0M	701.7M	-28.38%	-23.75%	10.51	0.38	0.29%	55.69%

Liberty Energy Inc News

Latest updates

Liberty Energy Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.2%	1,073	1,075	1,216	1,195	1,262	1,226	1,188	943	793	684	654	581	552	258	147	88.00	472	398	515	542	535
Costs and Expenses	0.7%	958	951	1,011	989	1,037	1,027	1,005	832	789	747	693	617	594	312	203	162	466	416	489	491	491
S&GA Expenses	-4.2%	53.00	55.00	55.00	58.00	53.00	49.00	50.00	42.00	38.00	35.00	32.00	29.00	26.00	20.00	17.00	18.00	29.00	26.00	25.00	24.00	22.00
EBITDA Margin	-	-	-	-	-	-	-	-	0.04*	0.04*	0.04*	-	-	0.02*	0.00*	0.25*	0.19*	0.14*	0.14*	-	-	-
Interest Expenses	-1.0%	7.00	7.00	8.00	4.00	8.00	7.00	5.00	-0.14	8.00	4.00	4.00	2.00	4.00	4.00	4.00	4.00	4.00	3.00	4.00	4.00	4.00
Income Taxes	-1.2%	26.00	27.00	50.00	47.00	54.00	-4.41	3.00	0.00	1.00	-0.21	1.00	16.00	-7.36	-9.78	-10.00	-11.36	0.00	-3.09	4.00	7.00	6.00
EBT Margin	-	-	-	-	-	-	-	-	-0.06*	-0.07*	-0.07*	-	-	-0.18*	-0.20*	0.08*	0.06*	0.05*	0.04*	-	-	-
Net Income	-11.4%	82.00	92.00	149	153	163	153	147	105	-5.38	-55.59	-38.89	-50.56	-34.20	-37.03	-34.50	-45.77	2.00	-12.15	11.00	22.00	18.00
Net Income Margin	-11.0%	0.10*	0.12*	0.13*	0.13*	0.12*	0.10*	0.05*	0.00*	-0.06*	-0.07*	-0.08*	-0.10*	-0.14*	-0.12*	-0.08*	-0.03*	-	-	-	-	-
Free Cashflow	-45.9%	159	295	275	240	204	238	157	121	15.00	55.00	45.00	8.00	28.00	15.00	-26.62	96.00	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.1%	3,098	3,034	3,089	2,925	2,761	2,576	2,525	2,335	2,191	2,041	1,966	1,975	1,917	1,890	1,059	1,051	1,299	1,283	1,295	1,303	1,269
Current Assets	2.5%	978	954	1,068	1,074	1,070	957	996	841	762	630	672	669	583	567	338	300	518	489	496	486	479
Cash Equivalents	-35.3%	24.00	37.00	27.00	32.00	21.00	44.00	24.00	41.00	33.00	20.00	35.00	31.00	70.00	69.00	85.00	125	57.00	113	140	33.00	59.00
Inventory	2.0%	210	206	212	201	197	214	186	164	140	135	117	120	129	119	77.00	81.00	88.00	89.00	87.00	87.00	74.00
Net PPE	3.0%	1,694	1,645	1,613	1,546	1,431	1,362	1,295	1,267	1,219	1,199	1,070	1,077	1,106	1,121	583	613	643	652	639	648	641
Liabilities	1.8%	1,213	1,192	1,301	1,251	1,171	1,079	1,118	1,005	957	810	774	746	639	580	382	331	517	502	492	511	513
Current Liabilities	3.6%	662	639	794	744	755	649	705	622	623	569	509	491	394	356	166	101	283	266	254	271	274
Long Term Debt	18.6%	166	140	223	288	210	217	253	253	211	121	121	105	105	105	106	106	106	106	106	106	106
LT Debt, Current	-	-	-	-	-	-	1.00	1.00	1.00	1.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
LT Debt, Non Current	18.6%	166	140	223	288	210	217	253	253	211	121	121	105	105	105	106	106	106	106	106	106	106
Shareholder's Equity	2.3%	1,884	1,841	1,789	1,674	1,590	1,497	1,407	1,330	1,234	1,213	1,192	1,229	1,278	1,310	508	188	781	227	803	792	755
Retained Earnings	9.3%	822	752	672	532	388	235	91.00	-56.17	-161	-155	-100	-61.47	-10.91	23.00	60.00	95.00	141	143	159	152	134
Additional Paid-In Capital	-2.1%	1,070	1,093	1,124	1,146	1,208	1,266	1,321	1,384	1,390	1,368	1,278	1,274	1,212	1,126	446	436	414	411	369	318	315
Shares Outstanding	-3.2%	166	172	170	173	177	184	186	185	184	174	171	168	163	85.00	85.00	82.00	82.00	72.00	74.00	68.00	67.00
Minority Interest	-	-	-	-	-	-	2.00	3.00	2.00	2.00	17.00	12.00	13.00	73.00	159	169	188	226	227	274	321	306
Float	-	-	-	-	2,200	-	-	-	2,000	-	-	-	1,500	-	-	-	357	-	-	-	733	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-45.9%	159,396	294,742	275,453	240,449	203,939	237,754	156,981	121,077	14,552	55,325	44,576	8,038	27,528	15,419	-26,625	96,400	231	16,025	147,362	48,219	49,494
Share Based Compensation	-21.1%	7,327	9,288	8,595	7,965	7,178	5,982	6,112	4,201	6,813	4,855	4,245	5,899	4,947	4,245	4,487	4,283	4,124	3,599	3,542	3,571	2,880
Cashflow From Investing	1.3%	-141,993	-143,893	-172,139	-226,642	-129,654	-116,781	-101,051	-141,967	-90,857	-67,175	-53,424	-42,108	-23,787	-18,998	-11,274	-24,919	-45,078	-36,653	-27,630	-63,880	-66,184
Cashflow From Financing	78.6%	-30,233	-140,975	-108,133	-3,112	-97,095	-101,412	-73,116	29,800	88,958	-3,093	13,324	-4,909	-3,266	-12,262	-1,786	-3,508	-11,312	-6,677	-12,240	-10,524	-27,934
Dividend Payments	-0.3%	11,642	11,673	8,441	8,793	8,777	9,016	-	148	-	-	-	-34.00	202	169	-	172	4,090	4,150	3,741	3,470	3,415
Buy Backs	-22.8%	30,167	39,079	29,279	60,094	74,648	55,219	70,094	-	-	-	-	-	-	-	-	-	-	-	-	-	18,398

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

LBRT Income Statement

2024-03-31

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue:
Total revenue	$ 1,073,125	$ 1,262,077
Operating costs and expenses:
Cost of services (exclusive of depreciation, depletion, and amortization shown separately below)	782,680	888,416
General and administrative	52,986	53,036
Transaction, severance, and other costs	0	617
Depreciation, depletion, and amortization	123,186	94,401
(Gain) loss on disposal of assets	(1,160)	487
Total operating costs and expenses	957,692	1,036,957
Operating income	115,433	225,120
Other expense:
Interest income—related party	(478)	(373)
Interest expense, net	7,541	8,264
Total other expense, net	7,063	7,891
Net income before income taxes	108,370	217,229
Income tax expense	26,478	54,483
Net income	81,892	162,746
Less: Net income attributable to non-controlling interests	0	91
Net income attributable to Liberty Energy Inc. stockholders	$ 81,892	$ 162,655
Net income attributable to Liberty Energy Inc. stockholders per common share:
Basic (in dollars per share)	$ 0.49	$ 0.92
Diluted (in dollars per share)	$ 0.48	$ 0.90
Weighted average common shares outstanding:
Basic (in shares)	166,325	176,569
Diluted (in shares)	171,441	181,088
Nonrelated Party
Revenue:
Total revenue	$ 1,050,558	$ 1,232,320
Related Party
Revenue:
Total revenue	$ 22,567	$ 29,757

LBRT Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 23,788	$ 36,784
Unbilled revenue (including amounts from related parties of $51 and $13,379, respectively)	219,389	188,940
Inventories	210,060	205,865
Prepaid and other current assets	94,952	124,135
Total current assets	978,008	954,254
Property and equipment, net	1,694,232	1,645,368
Finance lease right-of-use assets	195,955	182,319
Operating lease right-of-use assets	88,485	92,640
Other assets (including amounts from related parties of $0 and $14,785, respectively)	140,939	158,976
Total assets	3,097,619	3,033,557
Current liabilities:
Accounts payable	315,998	293,733
Accrued liabilities	234,895	261,066
Income taxes payable	0	12,060
Current portion of payable pursuant to tax receivable agreements	37,444	5,170
Current portion of finance lease liabilities	46,146	39,867
Current portion of operating lease liabilities	27,882	27,528
Total current liabilities	662,365	639,424
Long-term debt	166,000	140,000
Deferred tax liability	102,340	102,340
Payable pursuant to tax receivable agreements	75,027	112,471
Noncurrent portion of finance lease liabilities	147,578	133,654
Noncurrent portion of operating lease liabilities	59,825	64,260
Total liabilities	1,213,135	1,192,149
Commitments & contingencies (Note 14)
Stockholders’ equity:
Preferred Stock, $0.01 par value, 10,000 shares authorized and none issued and outstanding	0	0
Common Stock:
Additional paid in capital	1,070,383	1,093,498
Retained earnings	822,256	752,328
Accumulated other comprehensive loss	(9,807)	(6,084)
Total stockholders’ equity	1,884,484	1,841,408
Total liabilities and equity	3,097,619	3,033,557
Nonrelated Party
Current assets:
Accounts receivable, after allowance for credit loss, current	429,819	381,185
Related Party
Current assets:
Accounts receivable, after allowance for credit loss, current	0	17,345
Unbilled revenue (including amounts from related parties of $51 and $13,379, respectively)	51	13,379
Class A, $0.01 par value, 400,000,000 shares authorized and 165,201,928 issued and outstanding as of March 31, 2024 and 166,610,199 issued and outstanding as of December 31, 2023
Common Stock:
Common stock, par value $0.01	1,652	1,666
Class B, $0.01 par value, 400,000,000 shares authorized and none issued and outstanding
Common Stock:
Common stock, par value $0.01	$ 0	$ 0

About Liberty Energy Inc

Liberty Energy Inc. provides hydraulic services and related technologies to onshore oil and natural gas exploration, and production companies in North America. The company offers hydraulic fracturing services including complementary services, such as wireline services, proppant delivery solutions, data analytics, related goods, and technologies; and other services comprising design and pump diagnostic fracture injection test, DFIT and mini-frac analysis, and laboratory services, such as fluid rheology, surfactant, clay control, scaling and biocide testing. It owns and operate two sand mines in the Permian Basin; and fleet of approximately 40 active hydraulic fracturing. In addition, the company provides services primarily in Permian Basin, the Eagle Ford Shale, the DJ Basin, the Williston Basin, the San Juan Basin, the Powder River Basin, the Haynesville Shale, the SCOOP/STACK, the Marcellus Shale, Utica Shale, and the Western Canadian Sedimentary Basin. Liberty Energy Inc. was formerly known as Liberty Oilfield Services Inc. and changed its name to Liberty Energy Inc. in April 2022. The company was founded in 2011 and is headquartered in Denver, Colorado.

CEO	Mr. Christopher A. Wright
WEBSITE	libertyenergy.com
INDUSTRY	Oil - Services
EMPLOYEES	4580

Liberty Energy Inc Frequently Asked Questions

What is the ticker symbol for Liberty Energy Inc? What does LBRT stand for in stocks?

LBRT is the stock ticker symbol of Liberty Energy Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Liberty Energy Inc (LBRT)?

As of Wed May 08 2024, market cap of Liberty Energy Inc is 3.63 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LBRT stock?

You can check LBRT's fair value in chart for subscribers.

What is the fair value of LBRT stock?

You can check LBRT's fair value in chart for subscribers. The fair value of Liberty Energy Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Liberty Energy Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LBRT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Liberty Energy Inc a good stock to buy?

The fair value guage provides a quick view whether LBRT is over valued or under valued. Whether Liberty Energy Inc is cheap or expensive depends on the assumptions which impact Liberty Energy Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LBRT.

What is Liberty Energy Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, LBRT's PE ratio (Price to Earnings) is 7.63 and Price to Sales (PS) ratio is 0.8. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LBRT PE ratio will change depending on the future growth rate expectations of investors.