LBRT RSI Chart
Last 7 days
-0.4%
Last 30 days
8.1%
Last 90 days
29.4%
Trailing 12 Months
64.4%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
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 |
---|---|---|---|---|---|---|
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 | elliott r sean | acquired | - | - | 131,852 | chief legal officer |
Apr 01, 2024 | wright christopher a | sold (taxes) | -3,610,260 | 20.97 | -172,163 | chairman of the board and ceo |
Apr 01, 2024 | gusek ron | sold (taxes) | -1,607,520 | 20.97 | -76,658 | president |
Apr 01, 2024 | stock michael | sold (taxes) | -1,607,520 | 20.97 | -76,658 | chief financial officer |
Apr 01, 2024 | stock michael | acquired | - | - | 115,811 | chief financial officer |
Apr 01, 2024 | gosney ryan t | acquired | - | - | 80,908 | chief accounting officer |
Apr 01, 2024 | elliott r sean | sold (taxes) | -1,494,620 | 20.97 | -71,274 | chief legal officer |
Apr 01, 2024 | gosney ryan t | sold (taxes) | -1,021,870 | 20.97 | -48,730 | chief accounting officer |
Which funds bought or sold LBRT recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 12, 2024 | Unison Advisors LLC | added | 0.39 | 107,976 | 844,133 | 0.08% |
Apr 12, 2024 | HARBOR INVESTMENT ADVISORY, LLC | new | - | 1,471 | 1,471 | -% |
Apr 12, 2024 | MILLER HOWARD INVESTMENTS INC /NY | reduced | -47.25 | -1,683,180 | 2,551,400 | 0.08% |
Apr 12, 2024 | AdvisorNet Financial, Inc | sold off | -100 | -653 | - | -% |
Apr 11, 2024 | INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | reduced | -0.67 | 34,591 | 267,871 | 0.03% |
Apr 11, 2024 | Fortitude Family Office, LLC | reduced | -62.23 | -3,796 | 2,880 | -% |
Apr 10, 2024 | PARK AVENUE SECURITIES LLC | reduced | -1.96 | 62,000 | 574,000 | 0.01% |
Apr 09, 2024 | MASSMUTUAL TRUST CO FSB/ADV | reduced | -55.14 | -946 | 995 | -% |
Apr 05, 2024 | CWM, LLC | added | 4.73 | 15,000 | 90,000 | -% |
Apr 05, 2024 | GAMMA Investing LLC | added | 58.22 | 7,808 | 21,342 | -% |
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 | 73.7B | 33.1B | 17.54 | 2.22 | ||||
HAL | 34.8B | 23.0B | 13.16 | 1.51 | ||||
MID-CAP | ||||||||
FTI | 11.0B | 7.8B | 196.24 | 1.41 | ||||
NOV | 7.6B | 8.6B | 7.6 | 0.88 | ||||
CHX | 7.1B | 3.8B | 22.43 | 1.88 | ||||
LBRT | 3.8B | 4.7B | 6.82 | 0.8 | ||||
AROC | 3.1B | 990.3M | 29.61 | 3.14 | ||||
SMALL-CAP | ||||||||
DNOW | 1.6B | 2.3B | 6.43 | 0.69 | ||||
DRQ | 732.0M | 424.1M | 1.2K | 1.73 | ||||
CLB | 681.3M | - | 28.73 | 1.36 | ||||
CCLP | 344.8M | 386.1M | -36.38 | 0.89 | ||||
BOOM | 333.8M | 719.2M | 12.71 | 0.46 |
Liberty Energy Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -11.6% | 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 | 473 |
Costs and Expenses | -5.9% | 951 | 1,011 | 989 | 1,037 | 1,027 | 1,005 | 832 | 789 | 747 | 693 | 617 | 594 | 312 | 203 | 162 | 466 | 416 | 489 | 491 | 491 | 432 |
S&GA Expenses | 0.5% | 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 | 25.00 |
EBITDA Margin | - | - | - | - | - | - | - | 0.04* | 0.04* | 0.04* | - | - | 0.02* | 0.00* | 0.25* | 0.19* | 0.14* | 0.14* | - | - | - | - |
Interest Expenses | -5.7% | 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 | 3.00 |
Income Taxes | -46.1% | 27.00 | 50.00 | 47.00 | 55.00 | -4.44 | 3.00 | 0.00 | 1.00 | -0.18 | 1.00 | 16.00 | -7.36 | -9.78 | -10.00 | -11.36 | 0.00 | -3.09 | 4.00 | 7.00 | 6.00 | 4.00 |
EBT Margin | - | - | - | - | - | - | - | -0.06* | -0.07* | -0.07* | - | - | -0.18* | -0.20* | 0.08* | 0.06* | 0.05* | 0.04* | - | - | - | - |
Net Income | -37.8% | 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 | 19.00 |
Net Income Margin | -6.9% | 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 | 7.0% | 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 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -1.8% | 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 | 1,117 |
Current Assets | -10.6% | 954 | 1,068 | 1,074 | 1,070 | 957 | 996 | 841 | 762 | 630 | 672 | 669 | 583 | 567 | 338 | 300 | 518 | 489 | 496 | 486 | 479 | 461 |
Cash Equivalents | 38.3% | 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 | 103 |
Inventory | -2.8% | 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 | 60.00 |
Net PPE | 2.0% | 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 | 627 |
Liabilities | -8.3% | 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 | 376 |
Current Liabilities | -19.4% | 639 | 794 | 744 | 755 | 649 | 705 | 622 | 623 | 569 | 509 | 491 | 394 | 356 | 166 | 101 | 283 | 266 | 254 | 271 | 274 | 220 |
Long Term Debt | -37.2% | 140 | 223 | 288 | 210 | 217 | 253 | 253 | 211 | 121 | 121 | 105 | 105 | 105 | 106 | 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 | 0.00 |
LT Debt, Non Current | -37.2% | 140 | 223 | 288 | 210 | 217 | 253 | 253 | 211 | 121 | 121 | 105 | 105 | 105 | 106 | 106 | 106 | 106 | 106 | 106 | 106 | 106 |
Shareholder's Equity | 3.0% | 1,841 | 1,789 | 1,674 | 1,590 | 1,495 | 1,407 | 1,330 | 1,234 | 1,368 | 1,192 | 1,229 | 1,278 | 1,310 | 60.00 | 532 | 555 | 781 | 803 | 792 | 755 | 741 |
Retained Earnings | 12.0% | 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 | 119 |
Additional Paid-In Capital | -2.7% | 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 | 313 |
Shares Outstanding | 1.2% | 172 | 170 | 175 | 177 | 184 | 185 | 187 | 184 | 174 | 178 | 168 | 163 | 85.00 | 83.00 | 82.00 | 82.00 | 72.00 | 70.00 | 68.00 | 67.00 | 69.00 |
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 | 308 |
Float | - | - | - | 2,200 | - | - | - | 2,000 | - | - | - | 1,500 | - | - | - | 357 | - | - | - | 733 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 7.0% | 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 | 127,631 |
Share Based Compensation | 8.1% | 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 | 2,328 |
Cashflow From Investing | 16.4% | -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 | -71,551 |
Cashflow From Financing | -30.4% | -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 | -39,845 |
Dividend Payments | 38.3% | 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 | 3,457 |
Buy Backs | 33.5% | 39,079 | 29,279 | 60,094 | 74,648 | 55,219 | 70,094 | - | - | - | - | - | - | - | - | - | - | - | - | - | 18,398 | 28,981 |
Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenue: | |||
Revenues | $ 4,747,928 | $ 4,149,228 | $ 2,470,782 |
Operating costs and expenses: | |||
Cost of services (exclusive of depreciation, depletion, and amortization shown separately below) | 3,349,370 | 3,149,036 | 2,249,926 |
General and administrative | 221,406 | 180,040 | 123,406 |
Transaction, severance, and other costs | 2,053 | 5,837 | 15,138 |
Depreciation, depletion, and amortization | 421,514 | 323,028 | 262,757 |
(Gain) loss on disposal of assets, net | (6,994) | (4,603) | 779 |
Total operating costs and expenses | 3,987,349 | 3,653,338 | 2,652,006 |
Operating income (loss) | 760,579 | 495,890 | (181,224) |
Other expense (income): | |||
(Gain) loss on remeasurement of liability under tax receivable agreements | (1,817) | 76,191 | (19,039) |
Gain on investments | 0 | (2,525) | 0 |
Interest income—related party | (1,987) | 0 | 0 |
Interest expense, net | 29,493 | 22,715 | 15,603 |
Total other expense (income), net | 25,689 | 96,381 | (3,436) |
Net income (loss) before income taxes | 734,890 | 399,509 | (177,788) |
Income tax expense (benefit) | 178,482 | (793) | 9,216 |
Net income (loss) | 556,408 | 400,302 | (187,004) |
Less: Net income (loss) attributable to non-controlling interests | 91 | 700 | (7,760) |
Net income (loss) attributable to Liberty Energy Inc. stockholders | $ 556,317 | $ 399,602 | $ (179,244) |
Net income (loss) attributable to Liberty Energy Inc. stockholders per common share: | |||
Basic (in dollars per share) | $ 3.24 | $ 2.17 | $ (1.03) |
Diluted (in dollars per share) | $ 3.15 | $ 2.11 | $ (1.03) |
Weighted average common shares outstanding: | |||
Basic (in shares) | 171,845 | 184,334 | 174,019 |
Diluted (in shares) | 176,360 | 189,349 | 174,019 |
Nonrelated Party | |||
Revenue: | |||
Revenues | $ 4,533,048 | $ 4,000,780 | $ 2,447,140 |
Related Party | |||
Revenue: | |||
Revenues | $ 214,880 | $ 148,448 | $ 23,642 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 36,784 | $ 43,676 |
Unbilled revenue (including amounts from related parties of $13,379 and $13,854, respectively) | 188,940 | 175,704 |
Inventories | 205,865 | 214,454 |
Prepaid and other current assets | 124,135 | 112,531 |
Total current assets | 954,254 | 956,673 |
Property and equipment, net | 1,645,368 | 1,362,364 |
Finance lease right-of-use assets | 182,319 | 41,771 |
Operating lease right-of-use assets | 92,640 | 97,232 |
Other assets (including amounts from related parties of $14,785 and $11,799, respectively) | 158,976 | 105,300 |
Deferred tax asset | 0 | 12,592 |
Total assets | 3,033,557 | 2,575,932 |
Current liabilities: | ||
Accounts payable (including payables to related parties of $0 and $2,629, respectively) | 293,733 | 326,818 |
Accrued liabilities (including amounts due to related parties of $0 and $730, respectively) | 261,066 | 280,678 |
Income taxes payable | 12,060 | 2,294 |
Current portion of payable pursuant to tax receivable agreements | 5,170 | 0 |
Current portion of long-term debt, net of discount of $0 and $730, respectively | 0 | 1,020 |
Current portion of finance lease liabilities | 39,867 | 11,393 |
Current portion of operating lease liabilities | 27,528 | 27,294 |
Total current liabilities | 639,424 | 649,497 |
Long-term debt, net of discount of $0 and $540, respectively, less current portion | 140,000 | 217,426 |
Deferred tax liability | 102,340 | 1,044 |
Payable pursuant to tax receivable agreements | 112,471 | 118,874 |
Noncurrent portion of finance lease liabilities | 133,654 | 22,490 |
Noncurrent portion of operating lease liabilities | 64,260 | 69,295 |
Total liabilities | 1,192,149 | 1,078,626 |
Commitments & contingencies (Note 15) | ||
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 | 1,093,498 | 1,266,097 |
Retained earnings | 752,328 | 234,525 |
Accumulated other comprehensive loss | (6,084) | (7,396) |
Total stockholders’ equity | 1,841,408 | 1,495,017 |
Non-controlling interest | 0 | 2,289 |
Total equity | 1,841,408 | 1,497,306 |
Total liabilities and equity | 3,033,557 | 2,575,932 |
Nonrelated Party | ||
Current assets: | ||
Accounts receivable, net of allowances for credit losses of $939 and $884, respectively | 381,185 | 410,308 |
Related Party | ||
Current assets: | ||
Accounts receivable, net of allowances for credit losses of $939 and $884, respectively | 17,345 | 0 |
Unbilled revenue (including amounts from related parties of $13,379 and $13,854, respectively) | 13,379 | 13,854 |
Other assets (including amounts from related parties of $14,785 and $11,799, respectively) | 14,785 | 11,799 |
Current liabilities: | ||
Accounts payable (including payables to related parties of $0 and $2,629, respectively) | 0 | 2,629 |
Accrued liabilities (including amounts due to related parties of $0 and $730, respectively) | 0 | 730 |
Class A, $0.01 par value, 400,000,000 shares authorized and 166,610,199 issued and outstanding as of December 31, 2023 and 178,753,125 issued and outstanding as of December 31, 2022 | ||
Common Stock: | ||
Common stock, par value $0.01 | 1,666 | 1,788 |
Class B, $0.01 par value, 400,000,000 shares authorized and none issued and outstanding as of December 31, 2023 and 250,222 issued and outstanding as of December 31, 2022 | ||
Common Stock: | ||
Common stock, par value $0.01 | $ 0 | $ 3 |
 | Mr. Christopher A. Wright |
---|---|
 | libertyenergy.com |
 | Oil - Services |
 | 4580 |