Liberty Energy Earnings Reports

Liberty Energy posted $977 million in revenue and $20 million in net income for Q1 2025, marking a sequential improvement in fleet utilization and efficiency, while continuing to return capital to shareholders.

Liberty Energy Inc. reported Q4 2024 revenue of $944 million and net income of $52 million, or $0.31 fully diluted earnings per share. The company repurchased 1.0% of shares outstanding during the quarter and raised the quarterly cash dividend by 14% to $0.08 per share. They are focused on technology innovation in completion services and expansion of their power generation services business.

Liberty Energy reported Q3 2024 revenue of $1.1 billion and net income of $74 million, or $0.44 per share. The company delivered a 22% TTM Adjusted Pre-Tax Return on Capital Employed and distributed $51 million to shareholders through share repurchases and cash dividends. They are planning to temporarily and modestly reduce our deployed fleet count while continuing to support long-term partners.

Liberty Energy Inc. reported a revenue of $1.2 billion, an 8% sequential increase, and a net income of $108 million, or $0.64 fully diluted earnings per share for Q2 2024. The company delivered a 28% Adjusted Pre-Tax Return on Capital Employed for the twelve months ended June 30, 2024 and distributed $41 million to shareholders through share repurchases and cash dividends.

Liberty Energy reported flat sequential revenue of $1.1 billion for Q1 2024. Net income was $82 million, resulting in earnings per share of $0.48. The company distributed $42 million to shareholders through share repurchases and dividends.

Liberty Energy Inc. reported Q4 2023 revenue of $1.1 billion and net income of $92 million, or $0.54 fully diluted earnings per share. The company repurchased and retired 1.2% of shares outstanding during the quarter and increased the share repurchase authorization to $750 million. A quarterly cash dividend was raised by 40% to $0.07 per share.

Liberty Energy reported revenue of $1.2 billion, a 2% increase year-over-year, and net income of $149 million, or $0.85 earnings per share. The company achieved record pumping efficiencies and began commercial deployment of digiPrime hybrid pumps. They also increased the quarterly cash dividend by 40% to $0.07 per share.

Liberty Energy Inc. reported a revenue of $1.2 billion, a net income of $153 million, and an adjusted EBITDA of $311 million for the second quarter of 2023. The company also returned $69 million to shareholders through share repurchases and dividends.

Liberty Energy reported a strong first quarter in 2023, with a 59% increase in revenue year-over-year, reaching $1.3 billion. The company's net income was $163 million, resulting in earnings per share of $0.90. Adjusted EBITDA reached $330 million, and the company returned $83 million to shareholders through share repurchases and dividends.

Liberty Energy Inc. reported a 3% sequential increase in revenue to $1.2 billion and net income of $153 million, or $0.82 fully diluted earnings per share, for the fourth quarter of 2022. The company also increased its share repurchase authorization to $500 million and declared a cash dividend of $0.05 per share.

Liberty Energy Inc. reported a strong third quarter with revenue of $1.2 billion, a 26% sequential increase, and net income of $147 million, or $0.78 fully diluted earnings per share. The company successfully deployed additional fleets and repurchased 2.5% of outstanding shares, while also reinstating a quarterly cash dividend.

Liberty Energy Inc. reported strong second-quarter results with a 19% sequential increase in revenue to $943 million and a net income of $105 million, or $0.55 per share. The company reinstated its return of capital program with a $250 million share repurchase authorization and is expanding its strategic partnerships with key customers.

Liberty Oilfield Services Inc. reported a 16% sequential increase in revenue to $793 million for Q1 2022. The company experienced a net loss of $5 million, or $0.03 loss per share, but adjusted EBITDA increased significantly to $92 million. The company is changing its name to Liberty Energy.

Liberty Oilfield Services Inc. reported a revenue of $684 million for Q4 2021, a 5% increase from the previous quarter. However, the company experienced a net loss of $57 million, or $0.31 fully diluted loss per share. Adjusted EBITDA for the quarter was $21 million. The company focused on integrating OneStim and PropX acquisitions, which negatively impacted adjusted EBITDA by over $20 million due to integration and transition activities.

Liberty Energy reported a 12% sequential increase in revenue to $654 million for Q3 2021. The company's net loss was $39 million, or $0.22 loss per share. Adjusted EBITDA was $32 million. The company also announced the acquisition of PropX.

Liberty Energy reported a 5% sequential increase in revenue to $581 million and a 15% sequential increase in Adjusted EBITDA to $37 million. The company experienced a net loss of $52 million, or $0.29 fully diluted loss per share, impacted by the establishment of a deferred tax valuation allowance.

Liberty Oilfield Services Inc. reported a revenue of $552 million for Q1 2021, a 114% increase from the previous quarter. The company experienced a net loss of $39 million, or $0.21 loss per share, but Adjusted EBITDA increased to $32 million. The company completed its first full quarter post the OneStim® acquisition, enhancing its service offerings and geographic reach.

Liberty Oilfield Services Inc. reported a significant increase in revenue for Q4 2020, alongside a net loss. The company successfully completed the acquisition of Schlumberger's North American pressure pumping business, OneStim®, and expects to maintain 30 frac fleets working in the first quarter of 2021.

Liberty Oilfield Services Inc. reported a 67% increase in revenue to $147 million compared to the previous quarter. The company experienced a net loss of $49 million, or $0.41 loss per share. Total liquidity was $154 million, with no borrowings drawn on the ABL facility.

Liberty Energy reported a significant decrease in revenue and a net loss for Q2 2020 due to the downturn in completion activity. However, the company generated free cash flow and maintained a strong liquidity position.

Liberty Oilfield Services Inc. announced first quarter 2020 financial and operational results with revenue of $472 million and net income of $2 million, or $0.02 fully diluted income per share. Adjusted EBITDA was $54 million and annualized Adjusted EBITDA per average active fleet was $9 million. The company ended the quarter with available liquidity of $259 million.

Liberty Oilfield Services Inc. reported a revenue of $398 million and a net loss of $18 million for the quarter ended December 31, 2019. The company's Adjusted EBITDA was $30 million, and annualized Adjusted EBITDA per average active fleet was $5.2 million for the same period.