Liberty Energy Inc (N:LBRT)
Business Focus: Oil Related Services
| Sector: Energy | Industry: Oil Related Services and Equipment |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 950 17th St Ste 2400 DENVER CO 80202-2822 |
| Tel: | N/A |
| Website: | https://www.libertyenergy.com |
| IR: | See website |
| Key People | ||
| Christopher A. Wright Chairman of the Board, Chief Executive Officer | Ron Gusek President | Michael David Stock Chief Financial Officer, Treasurer |
| Ryan T. Gosney Chief Accounting Officer | Raymond Sean Elliott Chief Legal Officer, Corporate Secretary | |
| Business Overview |
| Liberty Energy Inc. is an integrated energy services and technology company. The Company is focused on providing hydraulic services and related technologies to onshore oil and natural gas exploration and production companies in North America. It offers customers hydraulic fracturing services, together with complementary services, including wireline services, proppant delivery solutions, field gas processing and treating, compressed natural gas delivery, data analytics, related goods (including its sand mine operations), and technologies. It primarily provides its services in the Permian Basin, the Williston Basin, the Eagle Ford Shale, the Haynesville Shale, the Appalachian Basin (Marcellus Shale and Utica Shale), the Western Canadian Sedimentary Basin, the Denver-Julesburg Basin, and the Anadarko Basin. The process of hydraulic fracturing involves pumping a pressurized stream of fracturing fluid (typically a mixture of water, chemicals and proppant) into a well casing or tubing. |
| Financial Overview |
| For the three months ended 31 March 2024, Liberty Energy Inc revenues decreased 15% to $1.07B. Net income decreased 50% to $81.9M. Revenues reflect SubTotal decrease of 15% to $1.05B, Revenue-related parties decrease of 24% to $22.6M. Net income also reflects Hydraulic fracturing services segment income decrease of 49% to $115.4M. Dividend per share increased from $0.05 to $0.07. |
| Employees: | 5,500 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $4,137M as of Mar 31, 2024 |
| Annual revenue (TTM): | $4,559M as of Mar 31, 2024 |
| EBITDA (TTM): | $1,094M as of Mar 31, 2024 |
| Net annual income (TTM): | $475.55M as of Mar 31, 2024 |
| Free cash flow (TTM): | $314.35M as of Mar 31, 2024 |
| Net Debt Last Fiscal Year: | $335.94M as of Mar 31, 2024 |
| Shares outstanding: | 166,651,693 as of Apr 15, 2024 |
| Index Membership: | S&P 600 Small Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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