Welcome to our dedicated page for Liberty Energy news (Ticker: LBRT), a resource for investors and traders seeking the latest updates and insights on Liberty Energy stock.
Liberty Energy Inc. (LBRT) delivers innovative hydraulic fracturing and integrated energy services to North American oil and gas operators. This page provides a centralized source for all official company announcements, press releases, and market-moving developments.
Investors and industry professionals will find timely updates on earnings reports, operational milestones, technology advancements, and strategic partnerships. Our curated feed ensures access to essential information, including updates on wireline services, field gas processing innovations, and sustainability initiatives.
Key content categories include quarterly financial results, equipment fleet expansions, data analytics applications, and regulatory developments. Bookmark this page to monitor how LBRT's technology-driven approach continues shaping efficient energy solutions across major U.S. and Canadian basins.
Liberty Oilfield Services reported a 156% revenue increase to $2.5 billion for 2021, despite a net loss of $187 million, or $1.03 per share. Fourth quarter revenue rose 5% to $684 million, with a net loss of $57 million. Adjusted EBITDA for the year was $121 million, with challenges due to integration costs from the OneStim acquisition impacting earnings by $20 million in Q4. The company anticipates high single-digit revenue growth in Q1 2022 and expects improved margins, supported by increased pricing and operational efficiencies.
Liberty Oilfield Services (NYSE: LBRT) will announce its fourth quarter and full year financial results for 2021 on February 8, 2022, post-market close. The conference call to discuss these results will occur on February 9 at 8:00 a.m. MT. Key executives including Chris Wright (CEO), Ron Gusek (President), and Michael Stock (CFO) will lead the discussion. Interested participants can join via telephone or through a live webcast, available for 90 days post-call.
Liberty Oilfield Services Inc. (NYSE: LBRT) reported third quarter 2021 results, highlighting a 12% sequential revenue increase to $654 million. The company faced a net loss of $39 million, down from a previous loss of $52 million. Adjusted EBITDA fell to $32 million. Notably, Liberty acquired PropX for $90 million, enhancing its proppant delivery capabilities. The company also amended its revolving credit facility, increasing commitments to $350 million and extending maturity to October 2026. Liberty anticipates continued momentum in the fourth quarter, driven by increasing service demand.
Liberty Oilfield Services Inc. (NYSE: LBRT) will release its third-quarter financial results for the period ending September 30, 2021, after market closure on October 26, 2021. A conference call to discuss the results will be held on October 27, 2021, at 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time). Participants can join via phone or webcast. The company, founded in 2011, specializes in innovative completion services and technologies for oil and gas exploration and production.
Liberty Oilfield Services (NYSE: LBRT) announced a significant achievement of 24 hours of continuous plug and perf pumping for Kaiser-Francis Oil Company in the Permian Basin, marking a milestone for its Operation 1440 initiative. This operation, focused on maximizing efficiency, recorded zero non-productive time, showcasing Liberty's commitment to advancing technology and enhancing operational performance. CEO Chris Wright emphasized the project's impact on safety, cost reduction, and profitability. The achievement was a collaboration with Downing's Freedom Series system, illustrating effective integration of technology in well completions.
Liberty Oilfield Services (NYSE: LBRT) has announced its participation in several upcoming investor conferences. The company will be at the Coker & Palmer Energy Bus Tour on September 2, ATB Capital Markets Canadian Energy Excellence Virtual Conference on September 7, and Barclays’ Energy-Power Conference on September 9 and 10. Webcast presentations and slide copies will be available on the Liberty website for 60 days post-meeting. Liberty is renowned for its innovative completion services for oil and natural gas production, headquartered in Denver, Colorado.
Liberty Oilfield Services (NYSE: LBRT) has partnered with Rolls-Royce to utilize mtu gas generator sets for its innovative digiFrac electric frac pumps. This technology aims to enhance power density by 40% and reduce emissions by at least 25% compared to conventional systems. Liberty's CEO emphasized the importance of this collaboration for achieving ESG goals and improving operational efficiency. The mtu gensets will provide continuous power suitable for intense applications. The first systems are expected to be operational in 2022.
Liberty Oilfield Services (NYSE: LBRT) announced investor meetings at key conferences including Enercom's The Oil & Gas Conference on August 16-17, Bank of America's Fall Energy Summit on August 24, and Seaport's 10th Annual Summer Investment Conference on August 24-25. A webcast presentation and accompanying slides will be available on Liberty's website. Founded in 2011, Liberty specializes in innovative completion services and technologies for oil and natural gas exploration, focusing on sustainable development in partnership with its customers.
Liberty Oilfield Services (LBRT) reported second quarter 2021 results with revenue of $581 million, a 5% increase from the previous quarter. However, the company incurred a net loss of $52 million, resulting in a loss per share of $0.29. Adjusted EBITDA rose to $37 million, despite an $8 million increase in personnel costs due to the restoration of variable compensation. The company emphasized the successful test of its digiFrac™ pump and ongoing integration of the OneStim acquisition. Liberty anticipates increased demand for completion services despite supply chain challenges.
Liberty Oilfield Services (NYSE: LBRT) will release its Q2 2021 financial results on July 27, 2021, after market close. A conference call is scheduled for July 28, 2021, at 8:00 AM MT (10:00 AM ET) featuring CEO Chris Wright, President Ron Gusek, and CFO Michael Stock. Participants can dial (833) 255-2827 or access the live webcast at investors.libertyfrac.com. The replay will be available until August 4, 2021.
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