Liberty Energy Inc Stock Price, News & Analysis

Liberty Energy has partnered with Seismos to enhance real-time quality control in stimulation performance for E&P operators. The collaboration will utilize the Seismos-MWF™ system, which employs active controlled acoustics to analyze wellbore fracture networks. This system benchmarks each stimulated stage against a database of over 15,000 measurements, improving fracture designs and well performance. Liberty aims to optimize completions and ensure cost-effective measurements of stimulation quality, furthering its reputation for innovative solutions in the energy sector.

Liberty Energy Inc. (NYSE: LBRT) announced the pricing of a public secondary offering of 14,500,000 shares of its Class A common stock by Schlumberger Technology Corporation. The offering will close on May 3, 2022, subject to customary conditions. Liberty will not sell any shares or receive proceeds from the offering. BofA Securities and J.P. Morgan are the joint bookrunning managers for this offering, which is conducted under an effective shelf registration statement with the SEC. Investors are encouraged to read the related documents before investing.

Liberty Energy Inc. (NYSE: LBRT) has announced a public secondary offering of 14,500,000 shares of Class A common stock by Schlumberger Technology Corporation. Liberty will not sell any shares or receive proceeds from this offering. The shares will be available for sale on the New York Stock Exchange and other platforms at market prices. The offering is conducted by BofA Securities and J.P. Morgan as joint bookrunning managers. This announcement follows Liberty's ongoing strategies in the North American oilfield services industry.

Liberty Oilfield Services reported a 16% revenue increase to $793 million in Q1 2022, with a net loss of $5 million or $0.03 per share. Adjusted EBITDA surged 345% to $92 million. The company improved its frac operations through PropX integration and set multiple operational records. Despite labor shortages and supply chain constraints, the outlook remains optimistic, projecting 10% sequential revenue growth in Q2 2022. Liberty plans to update its name to Liberty Energy to reflect its expanded service capabilities.

Liberty Oilfield Services (NYSE: LBRT) will release its financial results for Q1 ending March 31, 2022, on April 20, 2022, post-market close. A conference call is scheduled for April 21, 2022, at 7:00 a.m. MT (9:00 a.m. ET) to discuss the results, featuring CEO Chris Wright, President Ron Gusek, and CFO Michael Stock. Participants can join via phone or a live webcast, accessible for 90 days afterward. Liberty, founded in 2011, provides innovative completion services and technologies for the North American oil and gas sector.

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.