The share price of Liberty Energy Inc. (NYSE:LBRT) surged by 17.81% between January 22 and January 29, 2026, putting it among the Energy Stocks that Gained the Most This Week. Liberty Energy Inc. (NYSE:LBRT) shot up to an all-time high on January 29 when the company announced better-than-expected results for Q4 2025, beating estimates in both earnings and revenue. Liberty reported revenue of $4 billion for the full-year 2025, while its adjusted EBITDA stood at $634 million. The oilfield services firm return ...

Key Takeaways Liberty Energy posted Q4 EPS of 5 cents, beating estimates, down from the year-ago quarter's 10 cents.Liberty Energy's revenue was $1B, up 10% year over year, driven by activity levels that exceeded the industry.Liberty Energy signed power deals, scaled its power platform and approved a 9-cent per share dividend in Q4.Liberty Energy Inc. (LBRT) reported a fourth-quarter 2025 adjusted net profit of 5 cents per share, beating the Zacks Consensus Estimate of a loss of 16 cents by a considerable m ...

We recently published 10 Big Names With Explosive Gains.  Liberty Energy Inc. (NYSE:LBRT) was one of the top performers on Thursday. Liberty Energy soared to a new all-time high on Thursday, as investors took heart from the company’s highly optimistic outlook for the industry and its business, despite disappointing earnings results for last year. At intra-day trading, the stock jumped to its highest price of $27.21 before trimming gains to end the day just up by 16.24 percent at $25.34 apiece. Liberty E ...

Liberty Energy (NYSE:LBRT) Q4 2025 Earnings call January 29, 2026 09:30 AM ET Company ParticipantsAnjali Voria - VP of Investor RelationsDaniel Kutz - VP of Equity ResearchDerek Podhaizer - DirectorEddie Kim - VP of Equity ResearchJeffrey LeBlanc - AssociateJosh Silverstein - Managing DirectorKeith Mackey - Director and Global Equity Research, Oil and Gas ServicesMarc Bianchi - Managing DirectorMichael Stock - CFORon Gusek - CEOStephen Gengaro - Managing DirectorConference Call ParticipantsCaitlin Donohue - ...

Liberty Energy (NYSE:LBRT) Q4 2025 Earnings call January 29, 2026 09:30 AM ET Company ParticipantsAnjali Voria - VP of Investor RelationsDan Kutz - VP of Equity ResearchDerek Podhaizer - DirectorEddie Kim - VP of Equity ResearchJeffrey LeBlanc - AssociateJosh Silverstein - Managing DirectorKeith Mackey - Director and Global Equity Research, Oil and Gas ServicesMarc Bianchi - Managing DirectorMichael Stock - CFORon Gusek - CEOStephen Gengaro - Managing DirectorConference Call ParticipantsCaitlin Donohue - Eq ...

Liberty Energy (NYSE:LBRT) Q4 2025 Earnings call January 29, 2026 09:30 AM ET Speaker10Welcome to the Liberty Energy Earnings Conference Call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. Please note, this event is being recorded. I would now like to turn the conference over to Anndara Vuria, Vice President of Investor Relati ...

Core Viewpoint - Liberty Oilfield Services reported quarterly earnings of $0.05 per share, exceeding the Zacks Consensus Estimate of a loss of $0.16 per share, and showing a year-over-year decrease from earnings of $0.1 per share [1] Financial Performance - The company achieved an earnings surprise of +130.77% compared to the expected loss of $0.01 per share from the previous quarter, where it actually reported a loss of $0.06, resulting in a surprise of -500% [2] - Revenues for the quarter ended December 2025 were $1.04 billion, surpassing the Zacks Consensus Estimate by 20.76%, compared to revenues of $943.57 million in the same quarter last year [3] Stock Performance - Liberty Oilfield Services shares have increased approximately 20.2% since the beginning of the year, while the S&P 500 has gained 1.9% [4] Future Outlook - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [5] - The current consensus EPS estimate for the upcoming quarter is -$0.19 on revenues of $875.72 million, and for the current fiscal year, it is -$0.54 on revenues of $3.68 billion [8] Industry Context - The Oil and Gas - Field Services industry, to which Liberty Oilfield Services belongs, is currently ranked in the top 26% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [9]

Financial Performance - Revenue for the year ended December 31, 2025, was $4.0 billion, a decrease of 7% from $4.3 billion in 2024[17] - Net income for 2025 was $148 million, or $0.89 fully diluted earnings per share, down from $316 million and $1.87 in 2024[17] - Adjusted EBITDA for 2025 was $634 million, a 31% decrease from $922 million in 2024[17] - Fourth quarter 2025 revenue was $1.0 billion, an increase of 10% from $944 million in Q4 2024[19] - Fourth quarter 2025 net income was $14 million, compared to $52 million in Q4 2024[19] - Net income for the three months ended September 30, 2025, was $13,690, a decrease of 68.3% compared to $43,055 in the same period of 2024[37] - Adjusted net income for the three months ended December 31, 2025, was $7,813 million, a significant decrease from $16,722 million in the same period of 2024[43] - Net income for the year ended December 31, 2025, was $147,872 million, a decrease from $316,010 million in 2024[42] - The company reported a diluted net income per share of $0.08 for the three months ended September 30, 2025, compared to $0.26 for the same period in 2024[37] - The company reported a net income per diluted share of $0.89 for the year ended December 31, 2025, down from $1.87 in 2024[43] Cash Flow and Dividends - Cash dividends paid in 2025 totaled $53 million, with a quarterly cash dividend of $0.09 per share declared for Q4 2025[12][13] - Liberty repurchased 1,546,138 shares of Class A common stock in 2025, representing 1% of shares outstanding, for approximately $24 million[15] Assets and Liabilities - Total assets as of December 31, 2025, were $3,558,305, an increase of 7.9% from $3,296,394 as of December 31, 2024[40] - Total liabilities as of December 31, 2025, were $1,479,416, an increase of 12.3% from $1,317,525 as of December 31, 2024[40] - Cash and cash equivalents as of December 31, 2025, were $27,554, an increase of 38.5% from $19,984 as of December 31, 2024[40] - Total capital employed as of December 31, 2025, was $2,325,496 million, up from $2,169,369 million in 2024[44] Capital Expenditures - Capital expenditures for the three months ended September 30, 2025, were $202,843, an increase of 79.6% from $113,034 in the prior year[37] Future Outlook - Liberty plans to deploy approximately 3 GW of power projects by 2029 to support long-term earnings growth[11] - The company expects growth from recent acquisitions and improvements in operating procedures and technology, indicating a positive outlook for future performance[34] Performance Metrics - The average capital employed for the twelve months ended December 31, 2025, is used to calculate ROCE and CROCI, which are important non-GAAP measures for assessing profitability[31] - Cash return on capital invested for the twelve months ended December 31, 2025, was 13%, indicating a stable performance compared to previous periods[46] - The adjusted pre-tax return on capital employed for the year ended December 31, 2025, was 1%[44] - Cash Return on Capital Invested for 2024 is 21%, down from 34% in 2023[49] Historical Performance - The company has shown a consistent increase in total assets over the past eight years, from $35,699 in 2011 to $3,296,394 in 2024[49] - The cash return on capital invested has fluctuated significantly over the years, peaking at 47% in 2012[50] - The company has maintained a positive cash return on capital invested in recent years, despite a decline in 2024[49]

Core Viewpoint - Liberty Energy Inc. reported strong fourth quarter results for 2025, demonstrating resilience amid oil market uncertainty and a focus on technological innovation, achieving a Cash Return on Capital Invested (CROCI) of 13% [3][9][11]. Financial Performance - For the year ended December 31, 2025, Liberty generated revenues of $4.0 billion, a decrease of 7% from $4.3 billion in 2024 [9][17]. - Net income for 2025 was $148 million, or $0.89 per diluted share, down from $316 million, or $1.87 per diluted share in 2024 [9][18]. - Adjusted EBITDA for 2025 was $634 million, a 31% decrease from $922 million in 2024 [9][18]. - Fourth quarter 2025 revenue was $1.0 billion, a 10% increase from $944 million in Q4 2024 [20]. - Fourth quarter net income was $14 million, down from $52 million in Q4 2024 [20]. Operational Highlights - The company expanded its simulfrac offering and reduced total maintenance costs per unit of work by approximately 14% through AI-driven asset optimization software [3][4]. - Liberty announced a 1 GW power development agreement with Vantage Data Centers, with a firm reservation of 400 MW to be delivered in 2027 [3][9]. - A preliminary energy services agreement (ESA) for a 330 MW data center expansion in Texas was also executed, with operations expected to begin in phases starting in Q4 2027 [4][9]. Industry Context - U.S. power demand is rising rapidly, driven by AI-driven data center expansion and increased industrial electrification, with data center demand for power projected to grow threefold by 2030 [6][11]. - The North American oil and gas market has stabilized after a period of softening activity, with completions demand expected to remain firm in 2026 [7][8]. - Industry fundamentals are anticipated to improve as supply-side dynamics gradually rebalance with completions demand [8]. Strategic Initiatives - Liberty is focused on driving value creation through its completions business and power growth platform, planning to deploy approximately 3 GW of power projects by 2029 [5][11]. - The company aims to leverage its experience in the design and operation of complex, industrial-scale assets to meet the evolving energy needs of large consumers [4][11].

Core Viewpoint - Liberty Energy Inc. (LBRT) is expected to report a fourth-quarter earnings loss of 16 cents per share on revenues of $853 million, reflecting ongoing challenges in the oil and gas sector [2][10]. Group 1: Previous Performance - In the last reported quarter, LBRT experienced an adjusted net loss of 6 cents per share, which was wider than the consensus estimate of a loss of 1 cent, attributed to macroeconomic headwinds and a slowdown in frac activity [4]. - Revenues for the previous quarter totaled $947 million, missing the consensus estimate by $12 million, with an average negative surprise of 117.46% over the last four quarters [4][5]. Group 2: Fourth Quarter Expectations - The Zacks Consensus Estimate for fourth-quarter earnings indicates a 260% year-over-year decline, while revenues are expected to decrease by 9.57% compared to the previous year [5]. - LBRT's operating expenses are projected to decline by 4.1% to $880.9 million, with service costs expected to drop from $741.8 million to $704.7 million, providing some relief amid reduced revenues [6]. Group 3: Factors Influencing Performance - The company's digiTechnologies platform and expanding power solutions are anticipated to perform well, driven by demand from AI computing and electrification [7]. - However, revenues are likely to face pressure due to diminished customer activity and a steady slowdown in completions and frac operations [8]. Group 4: Earnings Prediction - The earnings model predicts an earnings beat for LBRT, supported by a positive Earnings ESP of +23.08% and a Zacks Rank of 3 [11][12].