LBRT RSI Chart
Last 7 days
0.3%
Last 30 days
-2.8%
Last 90 days
14.8%
Trailing 12 Months
80.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 4.6B | 0 | 0 | 0 |
2023 | 4.6B | 4.9B | 4.9B | 4.7B |
2022 | 2.7B | 3.1B | 3.6B | 4.1B |
2021 | 1.0B | 1.5B | 2.0B | 2.5B |
2020 | 1.9B | 1.5B | 1.1B | 965.8M |
2019 | 2.2B | 2.1B | 2.1B | 2.0B |
2018 | 1.7B | 2.0B | 2.1B | 2.2B |
2017 | 653.5M | 932.3M | 1.2B | 1.5B |
2016 | 0 | 0 | 0 | 374.8M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 03, 2024 | wright christopher a | sold | -432,800 | 21.64 | -20,000 | chairman of the board and ceo |
May 02, 2024 | wright christopher a | sold | -427,800 | 21.39 | -20,000 | chairman of the board and ceo |
May 01, 2024 | stock michael | sold | -436,596 | 21.8298 | -20,000 | chief financial officer |
Apr 30, 2024 | gusek ron | sold | -962,539 | 22.703 | -42,397 | president |
Apr 29, 2024 | elliott r sean | sold | -462,024 | 23.1012 | -20,000 | chief legal officer |
Apr 29, 2024 | gusek ron | sold | -1,149,470 | 22.9894 | -50,000 | president |
Apr 04, 2024 | wright christopher a | sold | -453,200 | 22.66 | -20,000 | chairman of the board and ceo |
Apr 03, 2024 | wright christopher a | sold | -449,800 | 22.49 | -20,000 | chairman of the board and ceo |
Apr 01, 2024 | gosney ryan t | acquired | - | - | 80,908 | chief accounting officer |
Which funds bought or sold LBRT recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 06, 2024 | DiNuzzo Private Wealth, Inc. | added | 20.00 | 100 | 373 | -% |
May 06, 2024 | Empirical Finance, LLC | added | 0.5 | 164,335 | 1,274,760 | 0.08% |
May 06, 2024 | Gallacher Capital Management LLC | new | - | 205,853 | 205,853 | 0.10% |
May 06, 2024 | DUALITY ADVISERS, LP | new | - | 247,542 | 247,542 | 0.02% |
May 06, 2024 | LEUTHOLD GROUP, LLC | reduced | -0.21 | 279,682 | 2,279,780 | 0.26% |
May 06, 2024 | Parallel Advisors, LLC | added | 44.95 | 6,591 | 16,641 | -% |
May 06, 2024 | SG Americas Securities, LLC | reduced | -30.11 | -136,000 | 537,000 | -% |
May 06, 2024 | Quantbot Technologies LP | new | - | 90,733 | 90,733 | -% |
May 06, 2024 | Empowered Funds, LLC | added | 19.8 | 1,848,750 | 6,867,270 | 0.12% |
May 06, 2024 | TEACHER RETIREMENT SYSTEM OF TEXAS | reduced | -41.77 | -809,000 | 1,607,000 | 0.01% |
Unveiling Liberty Energy Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Liberty Energy Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
SLB | 68.8B | - | 15.87 | 18.11 | ||||
HAL | 32.9B | 23.1B | 12.68 | 1.42 | ||||
MID-CAP | ||||||||
FTI | 11.5B | 8.1B | 54.09 | 1.41 | ||||
NOV | 7.5B | 8.8B | 7.6 | 0.85 | ||||
CHX | 6.5B | 3.7B | 17.8 | 1.74 | ||||
LBRT | 3.7B | 4.6B | 7.72 | 0.81 | ||||
AROC | 3.2B | 1.0B | 24.43 | 3.06 | ||||
SMALL-CAP | ||||||||
DNOW | 1.6B | 2.3B | 6.27 | 0.67 | ||||
CLB | 681.3M | - | 28.73 | 1.36 | ||||
DRQ | 651.2M | 443.5M | -30.02 | 1.47 | ||||
CCLP | 344.8M | 386.1M | -36.38 | 0.89 | ||||
BOOM | 260.8M | 701.7M | 10.19 | 0.37 |
Liberty Energy Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -0.2% | 1,073 | 1,075 | 1,216 | 1,195 | 1,262 | 1,226 | 1,188 | 943 | 793 | 684 | 654 | 581 | 552 | 258 | 147 | 88.00 | 472 | 398 | 515 | 542 | 535 |
Costs and Expenses | 0.7% | 958 | 951 | 1,011 | 989 | 1,037 | 1,027 | 1,005 | 832 | 789 | 747 | 693 | 617 | 594 | 312 | 203 | 162 | 466 | 416 | 489 | 491 | 491 |
S&GA Expenses | -4.2% | 53.00 | 55.00 | 55.00 | 58.00 | 53.00 | 49.00 | 50.00 | 42.00 | 38.00 | 35.00 | 32.00 | 29.00 | 26.00 | 20.00 | 17.00 | 18.00 | 29.00 | 26.00 | 25.00 | 24.00 | 22.00 |
EBITDA Margin | - | - | - | - | - | - | - | - | 0.04* | 0.04* | 0.04* | - | - | 0.02* | 0.00* | 0.25* | 0.19* | 0.14* | 0.14* | - | - | - |
Interest Expenses | -1.0% | 7.00 | 7.00 | 8.00 | 4.00 | 8.00 | 7.00 | 5.00 | -0.14 | 8.00 | 4.00 | 4.00 | 2.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 3.00 | 4.00 | 4.00 | 4.00 |
Income Taxes | -1.2% | 26.00 | 27.00 | 50.00 | 47.00 | 54.00 | -4.41 | 3.00 | 0.00 | 1.00 | -0.21 | 1.00 | 16.00 | -7.36 | -9.78 | -10.00 | -11.36 | 0.00 | -3.09 | 4.00 | 7.00 | 6.00 |
EBT Margin | - | - | - | - | - | - | - | - | -0.06* | -0.07* | -0.07* | - | - | -0.18* | -0.20* | 0.08* | 0.06* | 0.05* | 0.04* | - | - | - |
Net Income | -11.4% | 82.00 | 92.00 | 149 | 153 | 163 | 153 | 147 | 105 | -5.38 | -55.59 | -38.89 | -50.56 | -34.20 | -37.03 | -34.50 | -45.77 | 2.00 | -12.15 | 11.00 | 22.00 | 18.00 |
Net Income Margin | -11.0% | 0.10* | 0.12* | 0.13* | 0.13* | 0.12* | 0.10* | 0.05* | 0.00* | -0.06* | -0.07* | -0.08* | -0.10* | -0.14* | -0.12* | -0.08* | -0.03* | - | - | - | - | - |
Free Cashflow | -45.9% | 159 | 295 | 275 | 240 | 204 | 238 | 157 | 121 | 15.00 | 55.00 | 45.00 | 8.00 | 28.00 | 15.00 | -26.62 | 96.00 | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 2.1% | 3,098 | 3,034 | 3,089 | 2,925 | 2,761 | 2,576 | 2,525 | 2,335 | 2,191 | 2,041 | 1,966 | 1,975 | 1,917 | 1,890 | 1,059 | 1,051 | 1,299 | 1,283 | 1,295 | 1,303 | 1,269 |
Current Assets | 2.5% | 978 | 954 | 1,068 | 1,074 | 1,070 | 957 | 996 | 841 | 762 | 630 | 672 | 669 | 583 | 567 | 338 | 300 | 518 | 489 | 496 | 486 | 479 |
Cash Equivalents | -35.3% | 24.00 | 37.00 | 27.00 | 32.00 | 21.00 | 44.00 | 24.00 | 41.00 | 33.00 | 20.00 | 35.00 | 31.00 | 70.00 | 69.00 | 85.00 | 125 | 57.00 | 113 | 140 | 33.00 | 59.00 |
Inventory | 2.0% | 210 | 206 | 212 | 201 | 197 | 214 | 186 | 164 | 140 | 135 | 117 | 120 | 129 | 119 | 77.00 | 81.00 | 88.00 | 89.00 | 87.00 | 87.00 | 74.00 |
Net PPE | 3.0% | 1,694 | 1,645 | 1,613 | 1,546 | 1,431 | 1,362 | 1,295 | 1,267 | 1,219 | 1,199 | 1,070 | 1,077 | 1,106 | 1,121 | 583 | 613 | 643 | 652 | 639 | 648 | 641 |
Liabilities | 1.8% | 1,213 | 1,192 | 1,301 | 1,251 | 1,171 | 1,079 | 1,118 | 1,005 | 957 | 810 | 774 | 746 | 639 | 580 | 382 | 331 | 517 | 502 | 492 | 511 | 513 |
Current Liabilities | 3.6% | 662 | 639 | 794 | 744 | 755 | 649 | 705 | 622 | 623 | 569 | 509 | 491 | 394 | 356 | 166 | 101 | 283 | 266 | 254 | 271 | 274 |
Long Term Debt | 18.6% | 166 | 140 | 223 | 288 | 210 | 217 | 253 | 253 | 211 | 121 | 121 | 105 | 105 | 105 | 106 | 106 | 106 | 106 | 106 | 106 | 106 |
LT Debt, Current | - | - | - | - | - | - | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
LT Debt, Non Current | 18.6% | 166 | 140 | 223 | 288 | 210 | 217 | 253 | 253 | 211 | 121 | 121 | 105 | 105 | 105 | 106 | 106 | 106 | 106 | 106 | 106 | 106 |
Shareholder's Equity | 2.3% | 1,884 | 1,841 | 1,789 | 1,674 | 1,590 | 1,497 | 1,407 | 1,330 | 1,234 | 1,213 | 1,192 | 1,229 | 1,278 | 1,310 | 508 | 188 | 781 | 227 | 803 | 792 | 755 |
Retained Earnings | 9.3% | 822 | 752 | 672 | 532 | 388 | 235 | 91.00 | -56.17 | -161 | -155 | -100 | -61.47 | -10.91 | 23.00 | 60.00 | 95.00 | 141 | 143 | 159 | 152 | 134 |
Additional Paid-In Capital | -2.1% | 1,070 | 1,093 | 1,124 | 1,146 | 1,208 | 1,266 | 1,321 | 1,384 | 1,390 | 1,368 | 1,278 | 1,274 | 1,212 | 1,126 | 446 | 436 | 414 | 411 | 369 | 318 | 315 |
Shares Outstanding | -3.2% | 166 | 172 | 170 | 173 | 177 | 184 | 186 | 185 | 184 | 174 | 171 | 168 | 163 | 85.00 | 85.00 | 82.00 | 82.00 | 72.00 | 74.00 | 68.00 | 67.00 |
Minority Interest | - | - | - | - | - | - | 2.00 | 3.00 | 2.00 | 2.00 | 17.00 | 12.00 | 13.00 | 73.00 | 159 | 169 | 188 | 226 | 227 | 274 | 321 | 306 |
Float | - | - | - | - | 2,200 | - | - | - | 2,000 | - | - | - | 1,500 | - | - | - | 357 | - | - | - | 733 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -45.9% | 159,396 | 294,742 | 275,453 | 240,449 | 203,939 | 237,754 | 156,981 | 121,077 | 14,552 | 55,325 | 44,576 | 8,038 | 27,528 | 15,419 | -26,625 | 96,400 | 231 | 16,025 | 147,362 | 48,219 | 49,494 |
Share Based Compensation | -21.1% | 7,327 | 9,288 | 8,595 | 7,965 | 7,178 | 5,982 | 6,112 | 4,201 | 6,813 | 4,855 | 4,245 | 5,899 | 4,947 | 4,245 | 4,487 | 4,283 | 4,124 | 3,599 | 3,542 | 3,571 | 2,880 |
Cashflow From Investing | 1.3% | -141,993 | -143,893 | -172,139 | -226,642 | -129,654 | -116,781 | -101,051 | -141,967 | -90,857 | -67,175 | -53,424 | -42,108 | -23,787 | -18,998 | -11,274 | -24,919 | -45,078 | -36,653 | -27,630 | -63,880 | -66,184 |
Cashflow From Financing | 78.6% | -30,233 | -140,975 | -108,133 | -3,112 | -97,095 | -101,412 | -73,116 | 29,800 | 88,958 | -3,093 | 13,324 | -4,909 | -3,266 | -12,262 | -1,786 | -3,508 | -11,312 | -6,677 | -12,240 | -10,524 | -27,934 |
Dividend Payments | -0.3% | 11,642 | 11,673 | 8,441 | 8,793 | 8,777 | 9,016 | - | 148 | - | - | - | -34.00 | 202 | 169 | - | 172 | 4,090 | 4,150 | 3,741 | 3,470 | 3,415 |
Buy Backs | -22.8% | 30,167 | 39,079 | 29,279 | 60,094 | 74,648 | 55,219 | 70,094 | - | - | - | - | - | - | - | - | - | - | - | - | - | 18,398 |
Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenue: | ||
Total revenue | $ 1,073,125 | $ 1,262,077 |
Operating costs and expenses: | ||
Cost of services (exclusive of depreciation, depletion, and amortization shown separately below) | 782,680 | 888,416 |
General and administrative | 52,986 | 53,036 |
Transaction, severance, and other costs | 0 | 617 |
Depreciation, depletion, and amortization | 123,186 | 94,401 |
(Gain) loss on disposal of assets | (1,160) | 487 |
Total operating costs and expenses | 957,692 | 1,036,957 |
Operating income | 115,433 | 225,120 |
Other expense: | ||
Interest income—related party | (478) | (373) |
Interest expense, net | 7,541 | 8,264 |
Total other expense, net | 7,063 | 7,891 |
Net income before income taxes | 108,370 | 217,229 |
Income tax expense | 26,478 | 54,483 |
Net income | 81,892 | 162,746 |
Less: Net income attributable to non-controlling interests | 0 | 91 |
Net income attributable to Liberty Energy Inc. stockholders | $ 81,892 | $ 162,655 |
Net income attributable to Liberty Energy Inc. stockholders per common share: | ||
Basic (in dollars per share) | $ 0.49 | $ 0.92 |
Diluted (in dollars per share) | $ 0.48 | $ 0.90 |
Weighted average common shares outstanding: | ||
Basic (in shares) | 166,325 | 176,569 |
Diluted (in shares) | 171,441 | 181,088 |
Nonrelated Party | ||
Revenue: | ||
Total revenue | $ 1,050,558 | $ 1,232,320 |
Related Party | ||
Revenue: | ||
Total revenue | $ 22,567 | $ 29,757 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 23,788 | $ 36,784 |
Unbilled revenue (including amounts from related parties of $51 and $13,379, respectively) | 219,389 | 188,940 |
Inventories | 210,060 | 205,865 |
Prepaid and other current assets | 94,952 | 124,135 |
Total current assets | 978,008 | 954,254 |
Property and equipment, net | 1,694,232 | 1,645,368 |
Finance lease right-of-use assets | 195,955 | 182,319 |
Operating lease right-of-use assets | 88,485 | 92,640 |
Other assets (including amounts from related parties of $0 and $14,785, respectively) | 140,939 | 158,976 |
Total assets | 3,097,619 | 3,033,557 |
Current liabilities: | ||
Accounts payable | 315,998 | 293,733 |
Accrued liabilities | 234,895 | 261,066 |
Income taxes payable | 0 | 12,060 |
Current portion of payable pursuant to tax receivable agreements | 37,444 | 5,170 |
Current portion of finance lease liabilities | 46,146 | 39,867 |
Current portion of operating lease liabilities | 27,882 | 27,528 |
Total current liabilities | 662,365 | 639,424 |
Long-term debt | 166,000 | 140,000 |
Deferred tax liability | 102,340 | 102,340 |
Payable pursuant to tax receivable agreements | 75,027 | 112,471 |
Noncurrent portion of finance lease liabilities | 147,578 | 133,654 |
Noncurrent portion of operating lease liabilities | 59,825 | 64,260 |
Total liabilities | 1,213,135 | 1,192,149 |
Commitments & contingencies (Note 14) | ||
Stockholders’ equity: | ||
Preferred Stock, $0.01 par value, 10,000 shares authorized and none issued and outstanding | 0 | 0 |
Common Stock: | ||
Additional paid in capital | 1,070,383 | 1,093,498 |
Retained earnings | 822,256 | 752,328 |
Accumulated other comprehensive loss | (9,807) | (6,084) |
Total stockholders’ equity | 1,884,484 | 1,841,408 |
Total liabilities and equity | 3,097,619 | 3,033,557 |
Nonrelated Party | ||
Current assets: | ||
Accounts receivable, after allowance for credit loss, current | 429,819 | 381,185 |
Related Party | ||
Current assets: | ||
Accounts receivable, after allowance for credit loss, current | 0 | 17,345 |
Unbilled revenue (including amounts from related parties of $51 and $13,379, respectively) | 51 | 13,379 |
Class A, $0.01 par value, 400,000,000 shares authorized and 165,201,928 issued and outstanding as of March 31, 2024 and 166,610,199 issued and outstanding as of December 31, 2023 | ||
Common Stock: | ||
Common stock, par value $0.01 | 1,652 | 1,666 |
Class B, $0.01 par value, 400,000,000 shares authorized and none issued and outstanding | ||
Common Stock: | ||
Common stock, par value $0.01 | $ 0 | $ 0 |
 | Mr. Christopher A. Wright |
---|---|
 | libertyenergy.com |
 | Oil - Services |
 | 4580 |