Our many technical innovations and investment in vertical integration sets us up nicely to continue creating additional value for our customers and Liberty. of an earnings report. Is your stock priced above or below the average P/E ratio? 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. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. 6 Beds. What's Next for Liberty Oilfield Services? Stocks moving after hours: Alcoa, Discover, Vroom, For-profit schools appeal student loan discharge settlement for 200,000 borrowers, Microsoft layoffs a 'rip the Band-Aid off' moment: Analyst Dan Ives, British Columbia reaches deal with First Nations in Canada's Montney shale play, Two Fed Voters Favor Downshift to Quarter-Point Rate Hikes. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial 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. ET. 5,587 sqft. In addition, the company owns operates two s LBRT Profile. 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. Liberty Oilfield Services Inc. Market Cap $2B Today's Change (7.39%) $0.95 Current Price $13.80 Price as of July 26, 2022, 4:00 p.m. Liberty Oilfield Services Inc. (NYSE: LBRT; Liberty or the Company) announced today first quarter 2022 financial and operational results. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. 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. Adjusted EBITDA is a non-GAAP financial measure. Net loss1 (after taxes) totaled $57 million for the fourth quarter of 2021 compared to net loss1 of $39 million in the third quarter of 2021. 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. This compares to . Presenting Libertys results will be Chris Wright, Chief Executive Officer, Ron Gusek, President, and Michael Stock, Chief Financial Officer. stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. For the fiscal year, analysts expect a profit per share of $0.023, compared to $-1.014 in the same period last year. The integration of our acquisitions in 2021 came at a short-term financial cost, but these actions are already paying significant dividends in 2022. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current The company was formerly known as Liberty Oilfield Services Inc. and changed its name to Liberty Energy Inc. in April 2022. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. These figures are adjusted for non-recurring items. A wealth of resources for individual investors is available at www.zacks.com. DENVER--(BUSINESS WIRE)-- Integration-related costs are still with us today, impacting our bottom-line results. Liberty Oilfield Services (LBRT Quick QuoteLBRT - Free Report) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share. It also offers hydraulic fracturing pressure pumping services, including pressure pumping and pumpdown perforating services, as well wireline services, proppant delivery solutions, data analytics, related goods and technologies. Liberty will host a conference call to discuss the results at 7:00 a.m. Mountain Time (9:00 a.m. Eastern Time) on Thursday, April 21, 2022. In connection with the recognition of a valuation allowance, the Company was also required to remeasure the liability under the tax receivable agreements. 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. The results are expected to be released on October 27. This compares to loss of $0.29 per share a. Terms of Use and Privacy Policy. The company is expected to report EPS of $0.71, up . This compares to loss of $0.29 per share a year ago. What's Next for Liberty Oilfield Services? Liberty Oilfield Services (NYSE:LBRT) is set to give its latest quarterly earnings report on Wednesday, 2022-10-19. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. 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. (amounts in thousands, except for per share and fleet data), Costs of services, excluding depreciation and amortization shown separately, Gain on remeasurement of liability under tax receivable agreement (1), Less: Net loss attributable to non-controlling interests, Net loss attributable to Liberty Oilfield Services Inc. stockholders. 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. 303-515-2851 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 will host a conference call to discuss the results at 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time) on Wednesday, February 9, 2022. Fully diluted loss per share was $1.03 for the year ended December 31, 2021 compared to a loss of $1.36 per share for the year ended December 31, 2020. Ahead of this earnings release, the estimate revisions trend for Liberty Oilfield Services: favorable. This compares to loss of $0.22 per share a year ago. In the first quarter, we expect high single digit sequential revenue growth and strong improvement in our margins as integration costs start to fade away. These forward-looking statements are subject to certain risks, uncertainties and assumptions identified above or as disclosed from time to time in Liberty's filings with the Securities and Exchange Commission. These figures are adjusted for non-recurring items. An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. 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. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. LBRT - Free Report) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. StockInvest.us provides daily technical stock analysis commentaries and share because it indicates how much the company earned for its shareholders. So, the shares are expected to outperform the market in the near future. 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. Over the last four quarters, the company has surpassed consensus EPS estimates three times. dividend. North American oil and gas are critical in the coming years. Zacks->. 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. Visit Performance Disclosure for information about the performance numbers displayed above. 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. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Tight oil and natural gas markets, coupled with geopolitical tensions in many key oil and gas producing regions, have all eyes on North American supply. In terms of the Zacks Industry Rank, Oil and Gas - Field Services is currently in the top 11% of the 250 plus Zacks industries. Best General cleaning services in Paterna, Valencian Community. Wall Street analysts are expecting the company to report $738.1 million, an increase of over the prior year quarter when the company reported $552.0 million. Michael Stock You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. All statements, other than statements of historical facts, included herein concerning, among other things, the deployment of fleets in the future, planned capital expenditures, future cash flows and borrowings, pursuit of potential acquisition opportunities, our financial position, return of capital to stockholders, business strategy and objectives for future operations, are forward-looking statements. Current P/E ratio: 16.11 | Price (Jan 18, 2023, EOD): $14.75 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%. Analysts estimate that Liberty Oilfield Services will report an earnings per share (EPS) of $0.63. 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. IR@libertyfrac.com, Internet Explorer presents a security risk. The consensus EPS estimate for the quarter has been revised 2.3% lower over the last 30 days to the current level. 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? 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. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. 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. For the first quarter of 2022, revenue increased 16% to $793 million from $684 million in the fourth quarter of 2021. We are excited for the opportunity ahead and are investing to build truly differential competitive advantages in frac fleet technology, digital systems, and logistics optimization bolstered by the PropX acquisition. These and other factors could cause our actual results to differ materially from those contained in any forward-looking statements. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. Energy enables everything we do, and our passion is to energize the world. A higher P/E ratio shows that investors are willing to pay a higher share price today because When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in Item 1A. However, the absence of these words does not mean that the statements are not forward-looking. We believe that the presentation of these non-GAAP financial and operational measures provides useful information about our financial performance and results of operations. Investment decisions at Liberty are always made with a long-term time horizon, continued Mr. Wright. Linde's revenues are expected to be $8.27 billion, up 7.8% from the year-ago quarter. Liberty Oilfield Services Inc. (LBRT-1.19%) Q1 2021 Earnings Call Apr 28, 2021, 10:00 a.m. decisions whether to buy, sell, or stay in the company. $987,652. The results are expected to be released on July 27.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%. The consensus EPS estimate for the quarter has been revised 0.9% lower over the last 30 days to the current level. (Find current average P/E ratios for all sectors below). Risk Factors included in our Annual Report on Form 10-K for the year ended December 31, 2020 as filed with the SEC on February 24, 2021 and in our other public filings with the SEC. You can change your choices at any time by visiting your privacy controls. Want the latest recommendations from Zacks Investment Research? 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%. 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. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. A Tale of Two Investors: Which One Are You? 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. As the market tightened last fall, our customers recognized that the unfolding recovery would increase the importance of having the highest quality partners able to navigate turbulent times and deliver operational excellence. 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. Earnings reports generally provide an update of all three financial statements, including the income statement, Sales estimates average $3.37 billion, after the previous year saw $ 2.47 billion. FMC Technologies' revenues are expected to be $1.7 billion, up 1.6% from the year-ago quarter. Liberty Energy Inc. provides hydraulic fracturing and wireline services, and related goods to onshore oil and natural gas exploration and production companies in North America. 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. 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. 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.
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