Liberty Oilfield ServicesNYSE:LBRT Stock Report
Liberty Oilfield Services Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$15.46 |
| 52 Week High | US$6.20 |
| 52 Week Low | US$17.78 |
| Beta | 2.9 |
| 1 Month Change | 50.54% |
| 3 Month Change | 30.57% |
| 1 Year Change | 98.46% |
| 3 Year Change | -6.36% |
| 5 Year Change | n/a |
| Change since IPO | -28.92% |
Recent News & Updates
Aug 02Liberty Oilfield Services: Cash Flow And Margin Concerns Offset Demand Recovery
LBRT's pricing for its services is likely to improve in the short term, although it expects utilization to remain challenging. I think the company's revenue will increase in Q3, while the pressure on the margin will be limited as it incorporated the compensation hike ahead of its time. The company’s low leverage is an advantage over many of its peers. I do not think the stock has many upsides in the near term.
Would Liberty Oilfield Services (NYSE:LBRT) Be Better Off With Less Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Shareholder Returns
| LBRT | US Energy Services | US Market | |
|---|---|---|---|
| 7D | 5.7% | 4.1% | 3.8% |
| 1Y | 98.5% | 109.7% | 31.5% |
Return vs Industry: LBRT underperformed the US Energy Services industry which returned 109% over the past year.
Return vs Market: LBRT exceeded the US Market which returned 30.5% over the past year.
Price Volatility
| LBRT volatility | |
|---|---|
| LBRT Beta | 2.9 |
| Industry Beta | 2.31 |
| Market Beta | 1 |
Stable Share Price: LBRT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: LBRT's weekly volatility (8%) has been stable over the past year.
About the Company
Liberty Oilfield Services Inc. provides hydraulic fracturing and wireline services, and related goods to onshore oil and natural gas exploration and production companies in North America. The company also offers hydraulic fracturing pressure pumping services, including pressure pumping and pumpdown perforating services; and operates two sand mines in the Permian Basin. As of December 31, 2020, it had a total of approximately 30 active frac fleets and 20 active wireline units.
Liberty Oilfield Services Fundamentals Summary
| LBRT fundamental statistics | |
|---|---|
| Market Cap | US$2.79b |
| Earnings (TTM) | -US$156.30m |
| Revenue (TTM) | US$1.54b |
Earnings & Revenue
| LBRT income statement (TTM) | |
|---|---|
| Revenue | US$1.54b |
| Cost of Revenue | US$1.40b |
| Gross Profit | US$141.76m |
| Expenses | US$298.06m |
| Earnings | -US$156.30m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Oct 26, 2021
| Earnings per share (EPS) | -0.87 |
| Gross Margin | 9.21% |
| Net Profit Margin | -10.16% |
| Debt/Equity Ratio | 8.6% |
How did LBRT perform over the long term?
See historical performance and comparisonValuation
Is Liberty Oilfield Services undervalued compared to its fair value and its price relative to the market?
2.29x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate LBRT's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate LBRT's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: LBRT is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.
PE vs Market: LBRT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LBRT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LBRT is overvalued based on its PB Ratio (2.3x) compared to the US Energy Services industry average (1.2x).
Future Growth
How is Liberty Oilfield Services forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
75.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LBRT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: LBRT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LBRT's is expected to become profitable in the next 3 years.
Revenue vs Market: LBRT's revenue (13.9% per year) is forecast to grow faster than the US market (9.9% per year).
High Growth Revenue: LBRT's revenue (13.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LBRT's Return on Equity is forecast to be low in 3 years time (8.8%).
Past Performance
How has Liberty Oilfield Services performed over the past 5 years?
-32.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LBRT is currently unprofitable.
Growing Profit Margin: LBRT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LBRT is unprofitable, and losses have increased over the past 5 years at a rate of 32.2% per year.
Accelerating Growth: Unable to compare LBRT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LBRT is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-49.7%).
Return on Equity
High ROE: LBRT has a negative Return on Equity (-15.32%), as it is currently unprofitable.
Financial Health
How is Liberty Oilfield Services's financial position?
Financial Position Analysis
Short Term Liabilities: LBRT's short term assets ($668.7M) exceed its short term liabilities ($491.1M).
Long Term Liabilities: LBRT's short term assets ($668.7M) exceed its long term liabilities ($254.5M).
Debt to Equity History and Analysis
Debt Level: LBRT's debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: LBRT's debt to equity ratio has reduced from 53.4% to 8.6% over the past 5 years.
Debt Coverage: LBRT's debt is well covered by operating cash flow (23.1%).
Interest Coverage: Insufficient data to determine if LBRT's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is Liberty Oilfield Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LBRT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LBRT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LBRT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LBRT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: LBRT is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LBRT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average management tenure
CEO
Mr. Christopher A. Wright, also known as Chris, is a Director of ACCRETION ACQUISITION CORP since April 2021. He is the founder of Liberty Oilfield Services Inc. and has been its Chief Executive Officer si...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD3.31M) is below average for companies of similar size in the US market ($USD5.19M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: LBRT's management team is considered experienced (4.8 years average tenure).
Board Members
Experienced Board: LBRT's board of directors are considered experienced (3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 59.9%.
Top Shareholders
Company Information
Liberty Oilfield Services Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Liberty Oilfield Services Inc.
- Ticker: LBRT
- Exchange: NYSE
- Founded: 2011
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Implied Market Cap: US$2.785b
- Market Cap: US$2.757b
- Shares outstanding: 180.17m
- Website: https://www.libertyfrac.com
Number of Employees
Location
- Liberty Oilfield Services Inc.
- 950 17th Street
- Suite 2400
- Denver
- Colorado
- 80202
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/20 23:26 |
| End of Day Share Price | 2021/10/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.
Liberty Oilfield Services Employee Reviews
One of the best service companies out there
Service Leader (Current Employee) - Henderson, CO - September 16, 2021
Working at Liberty is challenging, but all oilfield work usually is. The schedule gives a good balance of work and home time, with a rotating 2 week day/night shift schedule. Shifts are long, typically starting at 4 AM/PM going to 6-7 PM/AM. The overtime hours pile up pretty quickly, usually between 90-100 total hours in a week. Work is mostly outside, can be physically strenuous, and requires having a CDL to drive the specialized equipment we operate to and from job sites. Managers are frequently out in the field with you, from the regional office all the way up to corporate headquarters. Your direct manager or supervisor is almost always in the field with you. Always an open-door policy with managers all the way up to the CEO. Send him a message, he will probably respond directly to you. The culture is great, there's always some fun competition between crews to see who can do the best. Comradery between all the guys on the crews is good, since you sometimes spend more time with them than your family. We take pride in our job, our equipment, and everything else we do. We want to be the best and it shows. Safety is always #1. Hardest part of the job is definitely the hours, followed by the physical labor we do rigging up and rigging down the equipment for the jobs. The most enjoyable is probably either the time off, or the work if that's your kind of thing. There's always something to learn or get dirty doing.
Pros
Great benefits, field bonuses, crews cook food in the field often, 2x2 schedule
Cons
Long shifts, sometimes have to travel, labor-intensive
Official response from Liberty Oilfield Services
September 20, 2021Hello,
Thank you for the amazing and thorough feedback! We understand the job can be challenging at times, but the effort our employees put in shows and is appreciated. We appreciate having people like you on our team!
Liberty Oilfield Services Inc
About Liberty Oilfield Services Inc
Liberty Oilfield Services Inc. is a provider of hydraulic fracturing and wireline services and related goods. The Company provides its services to onshore oil and natural gas exploration and production (E&P) companies in North America. The Company primarily provides its services in the Permian Basin, the Eagle Ford Shale, the Denver-Julesburg Basin, the Williston Basin, the San Juan Basin and the Powder River Basin. It also provides services in the Haynesville Shale, the South-Central Oklahoma Oil Province and Sooner Trend Anadarko Canadian Kingfisher, the Marcellus Shale, Utica Shale, and the Western Canadian Sedimentary Basin. The Company has approximately 30 active hydraulic fracturing fleets. The Company owns and leases properties, which include Midland, TX, Odessa, TX, Cibolo, TX, Kermit, TX, Monahans, TX, Shreveport, LA, Cheyenne, WY, Gillette, WY, Henderson, CO, Williston, ND, El Reno, OK, Red Deer, AB, Grand Prairie, AB and Huallen, AB.
Industry
Oil & Gas - Integrated
Executive Leadership
Christopher A. Wright
Chairman of the Board, Chief Executive Officer, Director
Michael David Stock
Chief Financial Officer, Treasurer
Ryan T. Gosney
Chief Accounting Officer
Raymond Sean Elliott
Vice President, General Counsel and Corporate Secretary
Key Stats
2.50 mean rating - 16 analysts
Revenue (MM, USD)
EPS (USD)
Price To Earnings (TTM) | -- |
|---|---|
Price To Sales (TTM) | 1.79 |
Price To Book (MRQ) | 2.26 |
Price To Cash Flow (TTM) | 100.99 |
Total Debt To Equity (MRQ) | 10.56 |
LT Debt To Equity (MRQ) | 9.17 |
Return on Investment (TTM) | -16.87 |
Return on Equity (TTM) | -12.45 |
Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International stock quotes are delayed as per exchange requirements. Fundamental company data and analyst estimates provided by FactSet. Copyright 2019© FactSet Research Systems Inc. All rights reserved. Source: FactSet
Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Source: FactSet
Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Sources: FactSet, Dow Jones
Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet, Dow Jones
ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Sources: FactSet, Dow Jones
Bonds: Bond quotes are updated in real-time. Sources: FactSet, Tullett Prebon
Currencies: Currency quotes are updated in real-time. Sources: FactSet, Tullett Prebon
Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Source: FactSet
Data are provided 'as is' for informational purposes only and are not intended for trading purposes. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Data may be intentionally delayed pursuant to supplier requirements.
Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright 2019© Refinitiv. All rights reserved. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies)
Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Source: Kantar Media
Oilfield liberty
In theory, they need to wipe the udder of the cow before milking so that the nipples do not crack. But Oktyabrina found another application for this composition. Yesterday she was so shaken that the pussy lips, reddened from excessive rubbing, had to be lubricated with something.
All dust has been removed, the parquet is carefully polished, and numerous books have disappeared from the shelves, leaving at my disposal space for placing my few (so. Far) trophies. The protracted walk along El Ten yielded results, I learned that the Council of Mages very successfully kept silent about the death of their strongest combat unit.
There was not a single rumor about the premature death of Count Rolirsky on the streets of the capital, absolute sterility in this matter, as. If I had not killed him with my own hands and now Im twisting his head, trying to place it on the shelf as effectively as possible.
Similar news:
- Plotly 3d
- Kin coinmarketcap
- X100 pro2
- All cheat codes
- Relaxing painting ideas
- Walmart shampoo
- Eone fire
- Witchcraft reddit
- Numpy ndarray
- Xfx support
- Heist imdb
- Pottery barn daybed mattress cover
- Mermaid clipart
It was a pleasure from which I flew higher and higher. The climax came at the moment of my euphoria. John began filling my cesspool with his sperm. we I was enjoying my morning coffee when there was a knock on the back door, startling me. Having recently settled in the area, I cautiously approached the door, wondering who it could be at six o'clock in the morning.