Key TakeawaysPresident-elect Trump tapped Liberty Energy CEO Chris Wright as secretary of energy for his second term.Wright also sits on the board of Oklo, a nuclear energy company backed by OpenAI CEO Sam Altman.Shares of both companies rose Monday following Trump's announcement. Shares of Liberty Energy (LBRT) rose Monday after Chief Executive Officer (CEO) Chris Wright was tapped by President-elect Donald Trump to be energy secretary. Liberty Energy is an oilfield services and fracking company founded by ...

It has been about a month since the last earnings report for Liberty Oilfield Services (LBRT) . Shares have lost about 5.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Liberty Oilfield Services due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Liberty Energy Q3 ...

Liberty Energy Inc. (LBRT) reported a third-quarter 2024 adjusted net income of 45 cents per share, which missed the Zacks Consensus Estimate of 55 cents. This was primarily due to poor equipment and services' execution, and lower activity in the reported quarter. Additionally, the bottom line declined from the year-ago quarter's reported figure of 86 cents due to a year-over-year increase in costs and expenses. The Denver, CO-based oil and gas equipment company's revenues totaled $1.14 billion, which misse ...

Liberty Energy Inc. (NYSE:LBRT) Q3 2024 Earnings Conference Call October 17, 2024 10:00 AM ET Company Participants Anjali Voria - Director, Investor Relations Chris Wright - Chief Executive Officer Michael Stock - Chief Financial Officer Ron Gusek - President Conference Call Participants Scott Gruber - Citigroup Ati Modak - Goldman Sachs Stephen Gengaro - Stifel Saurabh Pant - BoA Marc Bianchi - TD Cowen Keith Mackey - RBC Capital Markets Jeff LeBlanc - TPH Roger Read - Wells Fargo Waqar Syed - ATB Capital ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 001-38081 Liberty Energy Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 81-4891595 (State or Other Jurisdiction of Incorporation or Organizatio ...

Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.85 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -18.18%. A quarter ago, it was expected that this provider of hydraulic fracturing services would post earnings of $0.60 per share when it actually produced earnings of $0.61, delivering a surprise of 1. ...

Liberty Energy Inc. Announces Third Quarter 2024 Financial and Operational Results October 16, 2024 Liberty Energy Inc. (NYSE: LBRT; "Liberty" or the "Company") announced today third quarter 2024 financial and operational results. Summary Results and Highlights • Revenue of $1.1 billion, a 2% sequential decrease • Net income of $74 million, or $0.44 fully diluted earnings per share ("EPS") • Adjusted EBITDA of $248 million • Delivered 22% TTM Adjusted Pre-Tax Return on Capital Employed ("ROCE") • Distribute ...

Liberty Energy Inc. (LBRT) is set to release third-quarter results on Oct. 16. The Zacks Consensus Estimate for earnings is pegged at 59 cents per share on revenues of $1.16 billion. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Let's delve into the factors that might have influenced LBRT's performance in the to-be-reported quarter. Before that, it's worth taking a look at the company's performance in the last reported quarter. Highlights of Q2 Earnings In the previous reported q ...

In a volatile oil and energy market, Liberty Energy Inc. (LBRT) has demonstrated resilience, with its share price increasing 10.4% year to date (YTD). This gain significantly outperforms the broader oil and energy sector, which has declined 0.3% in the same timeframe. Moreover, LBRT has outpaced its peers in the oil and gas equipment and services sector, including ProPetro Holding (PUMP) , RPC (RES) and Petrofac (POFCY) . YTD Price Comparison Image Source: Zacks Investment Research Liberty Energy, a leading ...

It has been about a month since the last earnings report for Liberty Oilfield Services (LBRT) . Shares have lost about 8.1% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Liberty Oilfield Services due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Liberty Energy Q2 ...