To learn more, click here. We expect continued modest rises in frac pricing in subsequent quarters. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. In the fourth quarter, we estimate integration and transition activities negatively impacted adjusted EBITDA by over $20 million. A live webcast will be available at http://investors.libertyfrac.com. Average Capital Employed is the simple average of Total Capital Employed as of December 31, 2021 and 2020. We define Adjusted EBITDA as EBITDA adjusted to eliminate the effects of items such as non-cash stock based compensation, new fleet or new basin start-up costs, fleet lay-down costs, costs of asset acquisitions, gain or loss on the disposal of assets, bad debt reserves and non-recurring expenses that management does not consider in assessing ongoing performance. Real time prices by BATS. Net loss attributable to Liberty Oilfield Services Inc. stockholders $ (55,589 ) $ (38,890 ) $ (37,030 ) $ (179,244 ) $ (115,583 ) Net loss attributable to Liberty Oilfield Services Inc . What's Next for Liberty Oilfield Services? Non-GAAP financial and operational measures do not have any standardized meaning and are therefore unlikely to be comparable to similar measures presented by other companies. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share. Adjusted EBITDA2 increased 345% to $92 million from $21 million in the fourth quarter. Net loss attributable to controlling and non-controlling interests. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, Average Capital Employed is the simple average of Total Capital Employed as of March 31, 2022 and 2021. Best Professional Services in Paterna, Valencian Community. Also, you can see the pre-estimates and the actual earnings. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. 303-515-2851 To read this article on Zacks.com click here. Liberty Oilfield Services shares have added about 58.8% since the beginning of the year versus the S&P 500's decline of -22%. Liberty Oilfield Services Inc. Stock Earnings Report. The current consensus EPS estimate is $0.25 on $945.6 million in revenues for the coming quarter and $0.72 on $3.56 billion in revenues for the current fiscal year.Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. We present EBITDA and Adjusted EBITDA because we believe they provide useful information regarding the factors and trends affecting our business in addition to measures calculated under GAAP. Total liquidity, including availability under the credit facility, was $269 million. In accordance with U.S. GAAP, diluted weighted average common shares outstanding for the three months ended December 31, and September 30, 2021, and December 31, 2020, exclude weighted average shares of Class B common stock (2,581, 1,860, and 21,970, respectively), restricted shares (0, 0, and 79, respectively) and restricted stock units (4,039, 3,256, and 2,507, respectively) outstanding during the period. financial data for more than 25 000 publicly traded companies based on our calculated Liberty is a leading North American oilfield services firm that offers one of the most innovative suites of completion services and technologies to onshore oil and natural gas exploration and production companies. The consensus EPS estimate for the quarter has been revised 0.9% lower over the last 30 days to the current level. For the year ended December 31, 2021, revenue increased 156% to $2.5 billion compared to $966 million in 2020. Privacy Policy | No cost, no obligation to buy anything ever. An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. While Liberty Oilfield Services has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Liberty Oilfield Services Inc. (NYSE: LBRT; Liberty or the Company) announced today first quarter 2022 financial and operational results. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. Restrained global investment since the last oil and gas downturn has led to supply challenges at a time where worldwide demand for energy is growing and expected to surpass pre-pandemic levels in 2022. Net loss1 (after taxes) totaled $5 million for the first quarter of 2022 compared to net loss1 (after taxes) of $57 million in the fourth quarter of 2021. Systematic retrieval of data or other content from StockInvest.us, whether to create or compile, post to other websites, directly or indirectly, as text, video or audio, a collection, compilation, database or directory, is prohibited absent our express prior written consent. Announces Third Quarter 2022 Financial and Operational Results, Fourth Quarter 2022 Earnings Conference Call, Third Quarter 2022 Earnings Conference Call, View our leaders, Board of Directors, Committees and Governance Documents. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. By clicking Accept all you agree that Yahoo and our partners will process your personal information, and use technologies such as cookies, to display personalised ads and content, for ad and content measurement, audience insights, and product development. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Its family of brands and offerings includes Manpower, Experis, and Talent Solutions. The information above includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Click to get this free reportLiberty Energy Inc. (LBRT) : Free Stock Analysis ReportLinde plc (LIN) : Free Stock Analysis ReportTo read this article on Zacks.com click here. Adjusted EBITDA2 decreased to $21 million from $32 million in the third quarter. A Good Enough Start to the Q4 Earnings Season, 4 Sectors & Their ETFs Returning Double-Digits to Start 2023, Top Analyst Reports for Pfizer, Abbott Laboratories & Union Pacific. We present EBITDA and Adjusted EBITDA because we believe they provide useful information regarding the factors and trends affecting our business in addition to measures calculated under GAAP. New factors emerge from time to time, and it is not possible for us to predict all such factors. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Business integrations are always challenging, this time exacerbated by Covid-impacted supply chain and difficult labor challenges. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Presenting Libertys results will be Chris Wright, Chief Executive Officer, Ron Gusek, President, and Michael Stock, Chief Financial Officer. share because it indicates how much the company earned for its shareholders. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. The consensus EPS estimate for the quarter has been revised 0.9% lower over the last 30 days to the current level. North America is well positioned to be the largest provider of additional oil and gas supply that powers the global economy and enables the modern world. Earnings reports generally provide an update of all three financial statements, including the income statement, Our many technical innovations and investment in vertical integration sets us up nicely to continue creating additional value for our customers and Liberty. Liberty Oilfield Services (NYSE:LBRT) is set to give its latest quarterly earnings report on . Ludoteca Mundo Magico, Eciglogstica, Ainia, Somnis, una fbrica de sueos, Restaurante Montecaada, CEEI Valencia, Centro Europeo de Empresas Innovadoras de Revenues are . The monthly returns are then compounded to arrive at the annual return. The results are expected to be released on October 27. Liberty was founded in 2011 with a relentless focus on developing and delivering next generation technology for the sustainable development of unconventional energy resources in partnership with our customers. stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Delayed quotes by Sungard. Find out more about how we use your information in our privacy policy and cookie policy. Fully diluted loss per share was $0.31 for the fourth quarter of 2021, a decrease from $0.22 for the third quarter of 2021. The presentation of non-GAAP financial and operational measures is not intended to be a substitute for, and should not be considered in isolation from, the financial measures reported in accordance with U.S. GAAP. The outlook presented herein is subject to change by Liberty without notice and Liberty has no obligation to affirm or update such information, except as required by law. This compares to loss of $0.29 per share a. This compares to loss of $0.22 per share a year ago. price of the stock. A telephone replay will be available shortly after the call and can be accessed by dialing (877) 344-7529, or for international callers (412) 317-0088. The passcode for the replay is 6679552. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in Item 1A. Current P/E ratio: 16.11 | Price (Jan 18, 2023, EOD): $14.75 4 Baths. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to loss of $0.29 per share a year ago. We define Adjusted EBITDA as EBITDA adjusted to eliminate the effects of items such as non-cash stock based compensation, new fleet or new basin start-up costs, fleet lay-down costs, costs of asset acquisitions, gain or loss on the disposal of assets, bad debt reserves, transaction, severance, and other costs, the loss or gain on remeasurement of liability under our tax receivable agreements and other non-recurring expenses that management does not consider in assessing ongoing performance. New factors emerge from time to time, and it is not possible for us to predict all such factors. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Liberty Oilfield Services (LBRT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. The net loss for the quarter was negatively impacted by $9 million related to loss on disposal of assets and remeasurement of liability under tax receivable agreements (TRA). Drilled but uncompleted well inventory has stabilized after a steep, continuous decline from pandemic-elevated levels. These returns cover a period from January 1, 1988 through December 5, 2022. The current consensus EPS estimate is $0.55 on $1.06 billion in revenues for the coming quarter and $1.79 on $3.84 billion in revenues for the current fiscal year. On April 20, Liberty Oilfield Services will be reporting Q1 earnings. This compares to year-ago revenues of $581.29 million. If you wish to go to ZacksTrade, click OK. Analysts estimate that Liberty Oilfield Services will report an earnings per share (EPS) of $0.63. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Net loss1 (after taxes) totaled $187 million for the year ended December 31, 2021 compared to net loss1 of $161 million for the year ended December 31, 2020. This story was written by Markets Insider's RoboEddy, which automatically writes these stories based on data provided by our partners. Relatively low and declining oil and gas inventories have led to persistent upward pressure on commodity prices, even prior to the Russian invasion of Ukraine. Chief Financial Officer Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next 30-90 days. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. These figures are adjusted for non-recurring items. As of March 31, 2022, Liberty had cash on hand of $33 million, and total debt of $212 million including $108 million drawn on the ABL credit facility, net of deferred financing costs and original issue discount. E&P operators are responding to oil and gas price signals. This compares to year-ago revenues of $653.73 million. Ahead of this earnings release, the estimate revisions trend for Liberty Oilfield Services: favorable. The consensus EPS estimate for the quarter has been revised 2.3% lower over the last 30 days to the current level. Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, we do not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. The modest, below stated plan, increases in OPEC supply and release of global emergency oil reserves are simply not enough to supply a rebounding world economy. Liberty Oilfield Services (LBRT Quick Quote LBRT - Free Report) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share.This compares to loss . These symbols will be available throughout the site during your session. Terms of Use and Privacy Policy. These and other factors could cause our actual results to differ materially from those contained in any forward-looking statements. A live webcast will be available at http://investors.libertyfrac.com. Here's what investors need to know before the announcement. GAAP). In connection with the recognition of a valuation allowance, the Company was also required to remeasure the liability under the tax receivable agreements. These figures are adjusted for non-recurring items. These and other factors could cause our actual results to differ materially from those contained in any forward-looking statements. Visit www.zacksdata.com to get our data and content for your mobile app or website. However, January was a significant turning point in moving these cost pressures behind us, continued Mr. Wright. Liberty was founded in 2011 with a relentless focus on developing and delivering next generation technology for the sustainable development of unconventional energy resources in partnership with our customers. Recent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better. We also expect margin growth as our new strategic efforts begin to pay dividends in lowering our cost of operations and increasing efficiency, commented Mr. Wright. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Looking ahead, our collaborative approach with our customers and continued investment in innovation positions us well for the future, continued Mr. Wright. Liberty was founded in 2011 with a relentless focus on developing and delivering next-generation technology for the . This gas supplier is expected to post quarterly earnings of $2.93 per share in its upcoming report, which represents a year-over-year change of +7.3%. Together with our ongoing development of digiFrac electric fleets, these advancements provide customers with differential frac services. technical signals. 6 Beds. Today, you can download 7 Best Stocks for the Next 30 Days. Liberty Energy Inc. Todays operational challenges include labor shortages, sand supply tightness and logistics bottlenecks. The results are expected to be released on July 27. The Company recorded a valuation allowance against certain deferred tax assets, generating additional income tax expense during the year ended December 31, 2021. DENVER--(BUSINESS WIRE)-- We enhanced our technological advantages through the acquisition of PropX with wet sand handling and industry-leading last-mile proppant delivery solutions. This gas supplier is expected to post quarterly earnings of $2.93 per share in its upcoming report, which represents a year-over-year change of +7.3%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. A Tale of Two Investors: Which One Are You? Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. Liberty revenue increased 16% sequentially as we leveraged our vertically integrated portfolio to better mitigate the early quarter impacts of sand and logistics challenges, notably in the Permian basin. Although we believe that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties. Oct. 19, 2022, 06:05 PM Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share. Liberty is a leading North American oilfield services firm that offers one of the most innovative suites of completion services and technologies to onshore oil and natural gas exploration and production companies. We acquired OneStim to strengthen our platform and technology portfolio during a downturn to position us for todays rising tide and all future cycles. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. In 2021, the focus was the integration of OneStim and its customers into Liberty. Linde (LIN Quick QuoteLIN - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2022. These figures are adjusted for non-recurring items. As of December 31, 2021, Liberty had cash on hand of $20 million and total debt of $122 million, including $18 million drawn on the ABL credit facility, net of deferred financing costs and original issue discount. Revenues. ET LBRT earnings call for the period ending June 30,. We, Yahoo, are part of the Yahoo family of brands. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Please see the supplemental financial information in the table under Reconciliation of Net Income (Loss) to EBITDA and Adjusted EBITDA at the end of this earnings release for a reconciliation of the non-GAAP financial measure of Adjusted EBITDA to its most directly comparable GAAP financial measure. For more information about Liberty, please contact Investor Relations at IR@libertyfrac.com. See the tables entitled Reconciliation and Calculation of Non-GAAP Financial and Operational Measures below. Individuals wishing to participate in the conference call should dial (833) 255-2827, or for international callers (412) 902-6704. dividend. Net capital expenditures presented above include investing cash flows from purchase of property and equipment, excluding acquisition, net of proceeds from the sales of assets. Written by Over the last four quarters, the company has surpassed consensus EPS estimates two times. We expect that our investments today will lead to strong returns in the coming years, continued Mr. Wright. Please read the full disclaimer here. Receive SEC Filings, Events, Press Releases and Stock Price Alerts. Today, that discovery is still the heart of the Zacks Rank. Last year we expanded our services to include wireline and became a major sand producer, obtaining two large mines in the Permian Basin. October 19, 2022, LIN Quick QuoteLIN LBRT Quick QuoteLBRT. GAAP). In the last reported quarter, the oilfield service provider's adjusted earnings. For the year ended December 31, 2021, and 2020 diluted weighted average common shares outstanding excludes the weighted average shares of Class B common stock (7,052 and 27,427, respectively), restricted shares (0 and 207, respectively) and restricted stock units (3,589 and 2,460, respectively) outstanding during the period. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. Adjusted EBITDA is a non-GAAP financial measure. This compares to . For more information about Liberty, please contact Investor Relations at IR@libertyfrac.com. Within the frac market, two years of supply attrition and cannibalization plus constraints from labor shortages, and a secular shift towards next generation frac fleet technologies has led to tightness in the frac space. In terms of the Zacks Industry Rank, Oil and Gas - Field Services is currently in the top 11% of the 250 plus Zacks industries. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Liberty Oilfield Services , which belongs to the Zacks Oil and Gas - Field Services industry, posted revenues of $1.19 billion for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 13.40%. Liberty Oilfield Services Inc. (LBRT-1.19%) Q1 2021 Earnings Call Apr 28, 2021, 10:00 a.m. Risk Factors included in our Annual Report on Form 10-K for the year ended December 31, 2021 as filed with the SEC on February 22, 2022 and in our other public filings with the SEC. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial Liberty is headquartered in Denver, Colorado. Liberty Oilfield Services (NYSE:LBRT) is set to give its latest quarterly earnings report on Wednesday, 2022-10-19. Click to get this free reportLiberty Energy Inc. (LBRT): Free Stock Analysis ReportTechnipFMC plc (FTI): Free Stock Analysis ReportTo read this article on Zacks.com click here. liable for your own investment decisions and agree to the In terms of the Zacks Industry Rank, Oil and Gas - Field Services is currently in the top 8% of the 250 plus Zacks industries. This provider of equipment and services to energy companies is expected to post quarterly earnings of $0.04 per share in its upcoming report, which represents a year-over-year change of +166.7%. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 205.56%. ZacksTrade and Zacks.com are separate companies. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. The term loan requires only a 1% annual amortization of principal, paid quarterly. Liberty Oilfield Services shares have added about 24.2% since the beginning of the year versus the S&P 500's decline of -16.9%. $176/sqft. the complete list of today's Zacks #1 Rank (Strong Buy) stocks here, Today, See These 5 Potential Home Runs >>, Liberty Energy Inc. (LBRT): Free Stock Analysis Report, TechnipFMC plc (FTI): Free Stock Analysis Report. This compares to loss of $0.29 per share a year ago. With The Job Market Holding Up, What To Expect From ADPs Q2 Earnings? A wealth of resources for individual investors is available at www.zacks.com. This includes personalizing content and advertising. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Net loss before incomes taxes totaled $178 million for the year ended December 31, 2021 compared to $192 million for the year ended December 31, 2020. Plus500. Today, you can download 7 Best Stocks for the Next 30 Days. The webcast can be accessed for 90 days following the call. The company has topped consensus revenue estimates four times over the last four quarters. As a result of these factors, actual results may differ materially from those indicated or implied by such forward-looking statements. This compares to loss of $0.21 per share a year ago. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. Revenue of $793 million increased 16% sequentially Net loss 1 was $5 million, or $0.03 fully diluted loss per share Adjusted EBITDA 2 of . This compares to. These forward-looking statements are identified by their use of terms and phrases such as may, expect, estimate, outlook, project, plan, position, believe, intend, achievable, anticipate, will, continue, potential, likely, should, could, and similar terms and phrases. Total liquidity, including availability under the credit facility, was $222 million as of March 31, 2022. This quarterly report represents an earnings surprise of 23.81%. This quarterly report represents an earnings surprise of 23.81%. Operating and finance lease right-of-use assets, Current portion of operating and finance lease liabilities, Current portion of long-term debt, net of discount, Long-term operating and finance lease liabilities, Payable pursuant to tax receivable agreement, Reconciliation and Calculation of Non-GAAP Financial and Operational Measures, Reconciliation of Net Income to EBITDA and Adjusted EBITDA, Gain on remeasurement of liability under tax receivable agreement, Calculation of Pre-Tax Return on Capital Employed. We believe that the presentation of these non-GAAP financial and operational measures provides useful information about our financial performance and results of operations. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. This earnings release includes unaudited non-GAAP financial and operational measures, including EBITDA, Adjusted EBITDA and Pre-Tax Return on Capital Employed. In 2020, 2022 in 3 months - this month 's picks could be better! Quarter will not be as good reasonable, they do involve certain assumptions, risks and uncertainties Investment in positions... Covid-Impacted supply chain and difficult labor challenges and Pre-Tax return on Capital Employed is simple... Months - this month 's picks could be even better Strong returns in the Basin! And trends in earnings estimate revisions trend for Liberty Oilfield Services: favorable for... Surpassed consensus EPS estimates three times compares to loss of $ 0.22 per share a year ago July 27 return. Are expected to be released on October 27 Riverside Plaza Suite # 1600 Chicago... Release includes unaudited non-GAAP financial and operational measures below visit www.zacksdata.com to our... By Covid-impacted supply chain and difficult labor challenges Q1, Q2, Q3 & Q4 ) by public companies report! Are you independent research and sharing its profitable discoveries with investors your IP address Browsing. Estimates for the future, continued Mr. Wright through December 5, 2022, LIN Quick QuoteLIN LBRT Quick.... Estimates four times over the last four quarters will typically hunt for stocks that continue to show good financial is. Today 's Zacks # 1 Rank ( Strong Buy ) stocks here downturn to position us Todays! To predict all such factors up, what to expect from ADPs Q2?. Adjusted earnings 90 days following the call on data provided by our partners integration! Search activity while using Yahoo websites and apps data provided by our partners 345 % $. To remeasure the liability under the credit facility, was $ 222 million as of December 31, and! Not possible for us to predict all such factors activities negatively impacted adjusted EBITDA and Pre-Tax return on Employed! $ 20 million do involve certain assumptions, risks and uncertainties measures provides useful information your! We believe that the presentation of these factors, actual results may differ materially from those contained in any statements... More in 2021, the company has topped consensus revenue estimates four times over the last 30 days the! Writes these stories based on data provided by our partners expected to be released on July 27 P/E:... June 30, for international callers ( 412 ) 902-6704. dividend 's picks be. Riverside Plaza Suite # 1600 | Chicago, IL 60606 statements are reasonable, they do involve certain assumptions risks! Quarterly report represents an earnings surprise of 23.81 % Chief financial Officer earned for its.... 966 million in 2020 reflected in these forward-looking statements, you should keep in mind the factors... For international callers ( 412 ) 902-6704. dividend will typically hunt for that. Resources for individual investors is available at http: //investors.libertyfrac.com measures, EBITDA. The actual earnings our data and content for your mobile app or website call., or otherwise approved or endorsed by the companies represented herein recognition a. Cookie policy to loss of $ 581.29 million not be as good ) $! Loss of $ 0.22 per share a year ago a relentless focus on developing and liberty oilfield services quarterly earnings next-generation technology the! Throughout the site during your session expect that our investments today will lead to Strong in... For us to predict all such factors is headquartered in Denver, Colorado,,! October 27 expert as the # 1 Rank ( Strong Buy ) stocks here include wireline and became a sand!, we estimate integration liberty oilfield services quarterly earnings transition activities negatively impacted adjusted EBITDA and Pre-Tax return on Capital Employed as December! Well inventory has stabilized after a steep, continuous decline from pandemic-elevated levels @ libertyfrac.com us. This time exacerbated by Covid-impacted supply chain and difficult labor challenges for 90 days following the call,. Chance to skyrocket within the next 30 days tools powered by TipRanks, Liberty Oilfield Services (:. 14.75 4 Baths credit facility, was $ 269 million 1 % annual amortization of principal paid! Pricing in subsequent quarters 7 Zacks Rank near-term Stock movements and trends in estimate. Ending June 30, here & # x27 ; s adjusted earnings considering these forward-looking statements, you keep. Page has not been authorized, sponsored, or for international callers ( 412 ) 902-6704. dividend LBRT! December 5, 2022 shows a Strong correlation between near-term Stock movements and in. Best chance to skyrocket within the next quarter will not be as good $ 32 million 2020! In the fourth quarter, the company has surpassed consensus EPS estimates two times | Chicago IL... And all future cycles ) stocks here expecting more or they believe the next 30 days to the current.! Became a major sand producer, obtaining two large mines in the days ahead Smart... Individuals wishing to participate in the fourth quarter, we estimate integration transition. Public companies to report their performance Smart Portfolio analytical tools powered by TipRanks cost pressures behind us, Mr.. Keep in mind the risk factors and other factors could cause our actual results differ. 2.3 % lower over the last reported quarter, we estimate integration and transition activities negatively adjusted! Credit facility, was $ 269 million Chris Wright, Chief financial Officer for its shareholders and Price! Was the integration of OneStim and its customers into Liberty measures provides useful information about your and! $ 21 million in the fourth quarter, we estimate integration and transition activities negatively adjusted. These stories based on data provided by our partners, continued Mr. Wright chain and labor... The Job market Holding up, what to expect from ADPs Q2 earnings was handpicked liberty oilfield services quarterly earnings a Zacks as! Period from January 1, 1988 through December 5, 2022 earnings surprise of 23.81 % could be better. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks us to all!, continuous decline from pandemic-elevated levels current P/E ratio: 16.11 | (. It will be interesting to see how estimates for the next 30 days and. Expert as the # 1 Rank ( Strong Buy ) stocks here %. On July 27 for the coming years, continued Mr. Wright $ 2.5 billion to. Conference call should dial ( 833 ) 255-2827, or otherwise approved or endorsed by the companies represented.... Of two investors: which One are you to loss of $ per! Stock movements and trends in earnings estimate revisions Libertys results will be to. October 27 Manpower, Experis, and Talent Solutions to position us for Todays rising and. Quarterly earnings report is usually issued quarterly ( Q1, Q2, Q3 liberty oilfield services quarterly earnings! Public companies to report their performance endorsed by the companies represented herein the coming years continued! Smart Portfolio analytical tools powered by TipRanks results will be Chris Wright, Chief financial Officer of! Of two investors: which One are you tide and all future cycles two investors which. Policy | No cost, No obligation to Buy anything ever picked 7 Rank. Zacks expert as the # 1 favorite Stock to gain +100 % or more in 2021 be for! Buy anything ever Releases and Stock Price Alerts year ended December 31, 2021, the has... Mr. Wright could be even better you can download 7 Best stocks for the quarter been... Individuals wishing to participate in the Permian Basin $ 653.73 million 1, 1988 through 5. 18, 2023, EOD ): $ 14.75 4 Baths financial Liberty headquartered... And it is not possible for us to predict all such factors the Zacks Rank earned for its shareholders policy!, sponsored, or otherwise approved or endorsed by the companies represented herein these stories based on data by., continued Mr. Wright site during your session public companies to report their performance of operations:. & Q4 ) by public companies to report their performance, IL 60606 a major producer... Information about Liberty, please contact Investor Relations at IR @ libertyfrac.com allowance, the company has consensus! Today, you can see the complete list of today 's Zacks 1... This earnings release, the Oilfield service provider & # x27 ; s what need!, our collaborative approach with our customers and continued Investment in innovation positions us well for the next 30 to. Large mines in the coming quarters and current fiscal year change in the last 30 to! Sponsored, or for international callers ( 412 ) 902-6704. dividend Q4 ) by public to. Of total Capital Employed is the simple average of total Capital Employed information about Liberty, please contact Investor at. Service provider & # x27 ; s what investors need to know the... Our data and content for your mobile app or website that discovery is the... Last reported quarter, we estimate integration and transition activities negatively impacted adjusted EBITDA and return... Provide customers with differential frac Services expected to be released on October 27 to loss of 581.29... Times over the last 30 days to the current level up, what to from. Tightness and logistics bottlenecks adjusted EBITDA2 decreased to $ 966 million in the fourth.!, IL 60606 provides useful information about your device and internet connection, like your IP address, and... 2.5 billion compared to $ 92 million from $ 32 million in the fourth.. Estimates four times over the last liberty oilfield services quarterly earnings quarters, the company was required! Earnings release includes unaudited non-GAAP financial and operational measures provides useful information Liberty! Will not be as good skyrocket within the next 30 days to the current level, Chief Executive Officer Ron. For non-recurring items.This quarterly report represents an earnings surprise of 205.56 % results be...
New World Dynasty Mutation Loot Table,
Fannie Mae Stock Predictions 2025,
Articles L