Core Viewpoint - Liberty Oilfield Services reported quarterly earnings of $0.04 per share, exceeding the Zacks Consensus Estimate of $0.03 per share, but down from $0.48 per share a year ago [1][2] Earnings Performance - The earnings surprise for the quarter was 33.33%, with the company previously expected to post earnings of $0.09 per share but actually reporting $0.10 per share, resulting in an 11.11% surprise [2] - Over the last four quarters, the company has surpassed consensus EPS estimates three times [2] Revenue Performance - The company posted revenues of $977.46 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.45%, but down from $1.07 billion in the same quarter last year [3] - Liberty Oilfield Services has topped consensus revenue estimates only once in the last four quarters [3] Stock Performance - Shares of Liberty Oilfield Services have declined approximately 42.7% since the beginning of the year, compared to a decline of 8.3% for the S&P 500 [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.12 on revenues of $989.02 million, and for the current fiscal year, it is $0.49 on revenues of $3.99 billion [8] - The outlook for the industry, particularly the Oil and Gas - Field Services sector, is currently in the top 37% of Zacks industries, suggesting a favorable environment for stock performance [9]

Liberty Energy Inc. Announces First Quarter 2025 Financial and Operational Results April 16, 2025 Liberty Energy Inc. (NYSE: LBRT; "Liberty" or the "Company") announced today first quarter 2025 financial and operational results. Summary Results and Highlights "Liberty delivered a solid first quarter, with revenue of $977 million and Adjusted EBITDA of $168 million, and distributed $37 million to shareholders through opportunistic share repurchases and dividends. We saw strong sequential improvement in utili ...

Core Viewpoint - Liberty Energy Inc. (LBRT) is expected to report first-quarter 2025 earnings on April 16, with earnings estimated at 3 cents per share and revenues at $948.8 million, reflecting a significant year-over-year decline in both metrics [1][4]. Group 1: Recent Performance - In the last reported quarter, LBRT's earnings were 10 cents per share, beating the Zacks Consensus Estimate by 1 cent, primarily due to a decrease in costs and expenses year-over-year [3]. - Revenues for the last quarter were $943.6 million, missing the Zacks Consensus Estimate by 3.4% due to soft industry activity [3]. - Over the trailing four quarters, LBRT has beaten the consensus estimate twice and missed it twice, with an average negative surprise of 4.13% [4]. Group 2: Upcoming Quarter Expectations - The Zacks Consensus Estimate for first-quarter 2025 earnings has decreased by 1 cent (25%) to 3 cents per share, indicating a 93.8% year-over-year decline [4]. - Revenue estimates for the upcoming quarter are projected to decline to $919.4 million from $1.1 billion in the previous year, attributed to geopolitical uncertainties, a sluggish completion services market, and lower customer activity levels [5]. - Operating expenses are expected to decrease to $943.4 million, down 1.5% from the previous year, with cost of services anticipated to drop from $782.7 million to $760.2 million [6]. Group 3: Earnings Prediction Model - The Zacks model does not indicate a conclusive earnings beat for LBRT this time, as the Earnings ESP is -5.19%, which suggests a lower likelihood of exceeding earnings expectations [7][8]. - LBRT currently holds a Zacks Rank of 3, indicating a hold position [9].

Core Viewpoint - The market anticipates a year-over-year decline in earnings for Liberty Oilfield Services due to lower revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Liberty Oilfield Services is expected to report earnings of $0.03 per share, reflecting a significant year-over-year decrease of 93.8% [3]. - Projected revenues for the quarter are $948.83 million, which is an 11.6% decline compared to the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 9.3% over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][10]. - The current Earnings ESP for Liberty Oilfield Services stands at -5.19%, suggesting challenges in meeting consensus estimates [11]. Historical Performance - In the last reported quarter, the company exceeded expectations by posting earnings of $0.10 per share against an estimate of $0.09, resulting in a surprise of +11.11% [12]. - Over the past four quarters, Liberty Oilfield Services has beaten consensus EPS estimates twice [13]. Investment Considerations - The combination of a negative Earnings ESP and a Zacks Rank of 3 makes it difficult to predict an earnings beat for Liberty Oilfield Services [11]. - While an earnings beat can influence stock movement, other factors may also play a significant role in determining stock performance [14][16].

Core Insights - Liberty Energy Inc., Imperial Land Corporation, and Range Resources Corporation have formed a strategic collaboration to develop a state-of-the-art power generation facility in Pennsylvania, aimed at meeting the increasing energy demands of data centers and industrial facilities [1][2][10] Group 1: Project Overview - The collaboration focuses on establishing a cutting-edge power generation facility to address Pennsylvania's growing need for reliable energy, particularly for high-energy industries [2][5] - The facility will utilize Marcellus natural gas, known for its lower emissions profile, ensuring a sustainable energy solution while meeting the evolving needs of industrial operations [4][9] Group 2: Strategic Location - The proposed facility is strategically located in the Fort Cherry Development District, benefiting from proximity to critical infrastructure, including natural gas production and transportation routes [3][11] - This location is expected to enhance the facility's ability to provide efficient and cost-effective energy to businesses in the region [3][11] Group 3: Economic Impact - The collaboration is anticipated to create job opportunities and stimulate local businesses, driving substantial economic growth in Pennsylvania [6][7] - The presence of a reliable power generation facility will attract major data centers and industrial tenants, enhancing the region's energy security [6][8] Group 4: Long-term Vision - The partnership aims to position Pennsylvania as a key player in the energy, technology, and data center sectors, fostering industrial growth and innovation [10][12] - By leveraging the region's natural resources, the collaboration seeks to establish the Fort Cherry Development District as a hub for technology and data center operations [5][12]

Core Viewpoint - The U.S. government is advocating for increased coal production to meet the rising electricity demand driven by artificial intelligence data centers and other industries, emphasizing the need to halt the closure of coal plants [1][2]. Group 1: Government Policy and Initiatives - Energy Secretary Chris Wright stated that to significantly grow electricity production in the U.S. over the next five to ten years, the country must stop closing coal plants [1]. - President Trump is expected to sign an order that will classify coal as a critical mineral, allowing federal agencies to prioritize coal extraction on federal lands [1]. - The Trump administration aims to expand electricity output by 25%, highlighting coal as a central source of reliable and affordable energy [2]. Group 2: Current Energy Landscape - In 2023, coal accounted for approximately 16% of U.S. electricity generation, a significant decrease from 51% in 2001, largely due to the rise of natural gas following the shale boom [4]. - The administration's push for coal comes in the context of a broader strategy to expedite the construction of power plants, particularly for data centers, with coal suggested as a potential backup power source [3].

Core Insights - The NYSE is actively engaging with its listed companies to empower diverse communities through initiatives like HumanX's inaugural AI conference [1] Group 1 - The NYSE emphasizes its commitment to diversity and community engagement as a leading global exchange [1] - The conference serves as a platform for discussions on the impact of AI in various sectors [1] - The NYSE aims to foster collaboration and innovation among its listed companies [1]

Core Viewpoint - Liberty Energy Inc. (LBRT) has acquired IMG Energy Solutions, enhancing its capabilities in distributed power systems and expanding its energy solutions portfolio, particularly in the PJM market [1][8]. Group 1: Acquisition Details - The acquisition of IMG allows LBRT to integrate IMG's expertise in engineering design, construction management, software control systems, and power marketing [1]. - IMG has developed a highly efficient modular power block design, which is standardized, scalable, and pre-tested, reducing installation complexities [2]. - The modular power approach enables rapid deployment, minimizing downtime and ensuring an efficient power supply while supporting lower emissions and optimized operational costs [3]. Group 2: IMG's Track Record - IMG has a proven track record in implementing power projects that enhance grid resilience and operational efficiency, including the independent microgrid at Pittsburgh International Airport [4]. - IMG operates a utility-scale solar project at PIT and has successfully developed and sold six natural gas power plants in Northeast Pennsylvania, showcasing its ability to deliver high-value energy projects [5]. Group 3: Technology and Management - IMG's centralized, cloud-based operations platform allows for real-time monitoring, automation, and remote asset management, ensuring continuous optimization of power plants and microgrids [6]. - The 24/7 network operations center enhances long-term reliability and cost-effectiveness through proactive asset management [7]. Group 4: Strategic Implications - The acquisition strengthens LBRT's leadership in energy innovation and expands its footprint in distributed energy solutions and integrated power system management [8]. - The partnership is expected to accelerate LBRT's capabilities in engineering and system controls, reinforcing its commitment to low-emission and cost-effective power solutions [9][11]. - LBRT is now positioned to lead the evolution of distributed energy generation, providing scalable and reliable power solutions [12].

Core Viewpoint - Liberty Oilfield Services has experienced a decline in share price by approximately 9.3% since the last earnings report, underperforming the S&P 500, raising questions about future performance leading up to the next earnings release [1] Financial Performance - For Q4 2024, Liberty Energy reported an adjusted net income of 10 cents per share, slightly exceeding the Zacks Consensus Estimate of 9 cents, but significantly lower than the previous year's figure of 54 cents due to poor execution and lower activity [2] - The company's revenues were $943.6 million, missing the Zacks Consensus Estimate by 3.4% and down 12.2% from $1.07 billion in the prior-year quarter [3] - Adjusted EBITDA for the quarter was $155.7 million, a decrease from $253 million year-over-year and below the forecast of $170.8 million [3] - Total costs and expenses were reported at $918.7 million, a 3.4% decrease from the previous year and lower than the estimated $950.2 million [10] Shareholder Returns - Liberty returned $175 million to shareholders in 2024 through share repurchases and dividends, repurchasing 1,581,495 shares at an average price of $17.88, representing 1% of shares outstanding [6] - Over the year, the company repurchased 6,320,536 shares at an average price of $20.14, totaling approximately $127 million, accounting for 3.8% of shares outstanding [7] - The board declared a quarterly dividend of 8 cents per share, unchanged from the previous quarter, to be paid on March 20 [5] Strategic Initiatives - Liberty announced a collaboration with Cummins Inc. to introduce a natural gas variable speed engine for its digiPrime hydraulic fracturing platform, expected to be deployed in the first half of 2025 [4] - The company accelerated the deployment of its digiTechnologies, achieving a record 7,143 pumping hours on a single fleet for the year, and expanded its natural gas compression and delivery services [8] Market Outlook - The company anticipates continued uncertainties in global oil markets due to geopolitical factors and OPEC+ production decisions but expects no major changes in exploration and production activity plans [13] - For Q1, Liberty expects a modest sequential increase in revenues and adjusted EBITDA, with solid free cash flow generation despite pricing headwinds [14] - The company projects a rise in power demand driven by data centers, reshoring manufacturing, and industrial sector growth, positioning itself to capture this demand with modular power solutions [15] Estimate Trends - There has been a downward trend in estimates, with the consensus estimate shifting down by 63.27% recently [16] - Liberty Oilfield Services currently holds a Zacks Rank 4 (Sell), indicating expectations of below-average returns in the coming months [18] VGM Scores - Liberty Oilfield Services has a Growth Score of B, a Momentum Score of F, and a Value Score of A, placing it in the top 20% for the value investment strategy, resulting in an aggregate VGM Score of A [17]

Core Viewpoint - Falcon Oil & Gas Ltd. provides an operational update on the stimulation campaign for the SS-2H ST1 and SS-4H wells in the Beetaloo Sub-basin, highlighting strong gas shows and successful stimulation operations, with upcoming flow test results expected in mid-2025 [2][5][7]. Group 1: Operational Update - The stimulation operations were successfully completed over 35 stages across a 1,671-metre (5,483-feet) horizontal section of the Amungee Member B-shale [7]. - The SS-2H ST1 well is being prepared for initial flow back and extended production testing, with a target announcement of 30-day initial production (IP30) flow rates in April 2025 [7]. - Stimulation operations commenced in January 2025, but were paused due to detected stress in a casing connection, with reinforcement activities planned for Q1 2025 [7]. Group 2: Financial Position - Falcon Australia has received a A$4.7 million (~US$3 million) research and development tax offset in cash [7]. - The Group's current cash balance is US$8.2 million [7]. Group 3: Joint Venture Details - Falcon Oil & Gas Australia Limited holds a 22.5% interest in the Beetaloo Joint Venture, while Tamboran (B2) Pty Limited holds 77.5% [10]. - In the Shenandoah South Pilot Project, Falcon Australia has a 5.0% interest, with Tamboran (B2) Pty Limited holding 95.0% [11].