Watch Liberty Oilfield Services stock price in real-time on Markets Insider here. By using the site you agree and are held Receive SEC Filings, Events, Press Releases and Stock Price Alerts. Find out more about how we use your information in our privacy policy and cookie policy. Forward-Looking and Cautionary Statements. 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. See the tables entitled Reconciliation and Calculation of Non-GAAP Financial and Operational Measures for a reconciliation or calculation of the non-GAAP financial or operational measures to the most directly comparable GAAP measure. 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. This compares to loss of $0.29 per share a. Analysts estimate that Liberty Oilfield Services will report an earnings per share (EPS) of $0.63. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Investment decisions at Liberty are always made with a long-term time horizon, continued Mr. Wright. 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. The report will also indicate a possible Linde's revenues are expected to be $8.27 billion, up 7.8% from the year-ago quarter. The company has topped consensus revenue estimates four times over the last four quarters. For example, a company with a current P/E of 25, trades NYSE and AMEX data is at least 20 minutes delayed. Zacks Ranks stocks can, and often do, change throughout the month. In addition, the company owns operates two sand mines in the Permian Basin. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.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.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? In connection with the recognition of a valuation allowance, the Company was also required to remeasure the liability under the tax receivable agreement resulting in a gain. 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. Liberty Energy Inc. was founded in 2011 and is headquartered in Denver, Colorado. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. In the fourth quarter, we estimate integration and transition activities negatively impacted adjusted EBITDA by over $20 million. Privacy Policy | No cost, no obligation to buy anything ever. Copyright Liberty Oilfield Services LLC 2023. 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. We were simply not willing to sacrifice customer service, employee satisfaction and safety, each of which is critical to long-term financial success, even though there was a financial cost to our 2021 financial results. Zacks Investment Research, Liberty Energy Inc. (LBRT) : Free Stock Analysis Report, Linde plc (LIN) : Free Stock Analysis Report. On April 20, Liberty Oilfield Services will be reporting Q1 earnings. 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. Receive SEC Filings, Events, Press Releases and Stock Price Alerts. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. Get prepared with the key expectations. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. So, the shares are expected to outperform the market in the near future. Ahead of this earnings release, the estimate revisions trend for Liberty Oilfield Services: favorable. See the tables entitled Reconciliation and Calculation of Non-GAAP Financial and Operational Measures 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. 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. New factors emerge from time to time, and it is not possible for us to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in Item 1A. Today, you can download 7 Best Stocks for the Next 30 Days. It is natural for stocks to start to move in either direction a few days before the release Adjusted EBITDA2 decreased to $21 million from $32 million in the third quarter. share because it indicates how much the company earned for its shareholders. 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. Liberty Oilfield Services (LBRT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. 2021 was a record year for Liberty work performed whether measured by revenues, frac stages or pounds of sand pumped. Laboratorios Lpez Valero Sl, Ingenieria y Sistemas Hidroknock SL, Cdn Limpiezas, Rentabilitum, S.L., Limpieza de Filtros Navarro, Rusoma Multiservicios Hogar Valencia Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Visit www.zacksdata.com to get our data and content for your mobile app or website. Fully diluted loss per share was $0.03 for the first quarter of 2022 compared to a loss of $0.31 for the fourth quarter of 2021. alongside a more general view of the financials and future forecast. 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. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, Ludoteca Mundo Magico, Eciglogstica, Ainia, Somnis, una fbrica de sueos, Restaurante Montecaada, CEEI Valencia, Centro Europeo de Empresas Innovadoras de The transformative work our team accomplished in 2021 positions us well as our industry begins an upcycle driven by rapidly tightening markets for oil & gas. Liberty is headquartered in Denver, Colorado. This compares to. These figures are adjusted for non-recurring items. We use cookies to understand how you use our site and to improve your experience. The company has topped consensus revenue estimates four times over the last four quarters.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 shares have added about 24.2% since the beginning of the year versus the S&P 500's decline of -16.9%.What's Next for Liberty Oilfield Services?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?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. The consensus EPS estimate for the quarter has been revised 2.3% lower over the last 30 days to the current level. Adjusted EBITDA is a non-GAAP financial measure. 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. We acquired OneStim to strengthen our platform and technology portfolio during a downturn to position us for todays rising tide and all future cycles. Announces Timing of Release of Fourth Quarter and Full Year 2022 Financial Results and Conference Call, Liberty Energy Inc. However, the prize was large and our team worked in overdrive to bring nearly 2,000 new team members into Liberty while continuing to deliver superior service performance to all of our customers, both legacy and new. 303-515-2851 Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share. Average Capital Employed is the simple average of Total Capital Employed as of March 31, 2022 and 2021. 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. View source version on businesswire.com: https://www.businesswire.com/news/home/20220420006083/en/, Michael Stock 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. 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. 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. 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.Ahead of this earnings release, the estimate revisions trend for Liberty Oilfield Services: favorable. The term loan requires only a 1% annual amortization of principal, paid quarterly. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. Also, you can see the pre-estimates and the actual earnings. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in Item 1A. stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. of an earnings report. 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. Please refer to the reconciliation of Adjusted EBITDA (a non-GAAP measure) to net income (a GAAP measure) in this earnings release. Summary Results and Highlights. Although we believe that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. 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. 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. Any other use, including for any commercial purposes, is strictly prohibited without our express prior written consent. financial data for more than 25 000 publicly traded companies based on our calculated The passcode for the replay is 1068517. Individuals wishing to participate in the conference call should dial (833) 255-2827, or for international callers (412) 902-6704. What's Next for Liberty Oilfield Services? Revenues. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Liberty is headquartered in Denver, Colorado. earnings report. 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. In the second quarter, we expect approximately 10% sequential revenue growth, driven by increased activity and continued incremental improvement in net service price. This compares to loss of $0.29 per share a year ago. This quarterly report represents an earnings surprise of 81.25%. Net loss before income taxes for the year ended December 31, 2021 included non-recurring transaction, severance and other costs of $15.1 million compared to $21.1 million for the year ended December 31, 2020. These forward-looking statements represent our expectations or beliefs concerning future events, and it is possible that the results described in this earnings release will not be achieved. ZacksTrade and Zacks.com are separate companies. 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) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. LBRT - Free Report) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. (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. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share. What's Next for Liberty Oilfield Services? Is your stock priced above or below the average P/E ratio? The severe energy crisis that has wracked Europe over the last several months demonstrates the danger of underinvestment in our industry. 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. StockInvest.us provides daily technical stock analysis commentaries and 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. 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. 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, 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%. Together with our ongoing development of digiFrac electric fleets, these advancements provide customers with differential frac services. The passcode for the replay is 6679552. 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%. 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. 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. 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. Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. 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. See the tables entitled Reconciliation and Calculation of Non-GAAP Financial and Operational Measures below. 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. Although Russian export volumes of oil and gas have been only modestly impacted so far, uncertainty regarding potential future impacts of sanctions and buyer aversion to Russian hydrocarbons presents significant risk to future supply and demand balances. 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. 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. Type a symbol or company name. Liberty Energy Inc. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Users should not base their investment decision upon StockInvest.us. One other stock from the same industry, FMC Technologies (FTI), is yet to report results for the quarter ended June 2022. IR@libertyfrac.com. 6 Beds. 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. Liberty customers are seeing differential execution in this difficult environment, in part due to vertical integration from our OneStim and PropX acquisitions. Liberty Oilfield Services (LBRT) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2022. ratios and use a decline as an exit point. So, the shares are expected to outperform the market in the near future. The consensus EPS estimate for the quarter has been revised 0.9% lower over the last 30 days to the current level. 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. This earnings release includes unaudited non-GAAP financial and operational measures, including EBITDA, Adjusted EBITDA and Pre-Tax Return on Capital Employed. This information can give you a slight idea of what you might expect for the next quarter's release. 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. DENVER--(BUSINESS WIRE)--Liberty Oilfield Services Inc. (NYSE: LBRT) (Liberty or the Company) announced today fourth quarter and full year 2021 financial and operational results. 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. 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 shares have added about 58.8% since the beginning of the year versus the S&P 500's decline of -22%. Seven years of subdued global investment in upstream oil and gas production is now colliding with record global demand for natural gas and natural gas liquids today, and likely record global demand for oil later this year. 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. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Participants should ask to join Libertys call. Ahead of this earnings release, the estimate revisions trend for Liberty Oilfield Services: favorable. $176/sqft. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Average Capital Employed is the simple average of Total Capital Employed as of December 31, 2021 and 2020. Contents: Prepared Remarks; Questions and Answers; Call Participants; Prepared Remarks: 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. 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 term loan requires only a 1% annual amortization of principal, paid quarterly. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.48% per year. This compares to loss of $0.22 per share a. To learn more, click here. This widely-known . The integration of our acquisitions in 2021 came at a short-term financial cost, but these actions are already paying significant dividends in 2022. This compares to loss of $0.29 per share a year ago. 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. These figures are adjusted for non-recurring items. One of the most anticipated numbers for analysis is earnings per 22,551 sqft lot. Liberty Oilfield Services will report earnings from the most recent quarter on April 20. Liberty Oilfield Services will be looking to display strength as it nears its next earnings release, which is expected to be January 25, 2023. For the year ended December 31, 2021, revenue increased 156% to $2.5 billion compared to $966 million in 2020. Total liquidity, including availability under the credit facility, was $222 million as of March 31, 2022. Paterna House / Villa. 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. You can change your choices at any time by visiting your privacy controls. DENVER--(BUSINESS WIRE)-- Liberty Oilfield Services Inc. (NYSE: LBRT; "Liberty" or the "Company") announced today first quarter 2022 financial and operational results. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. A quarter ago, it was expected that this provider of hydraulic fracturing services would post earnings of $0.18 per share when it actually produced earnings of $0.55, delivering a surprise of 205.56%. Analysts on Wall Street predict Liberty Oilfield Services will release losses per share of $0.161. 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. This earnings release includes unaudited non-GAAP financial and operational measures, including EBITDA, Adjusted EBITDA and Pre-Tax Return on Capital Employed. The company has topped consensus revenue estimates four times over the last four quarters. In addition, the company owns operates two s LBRT Profile. Visit Performance Disclosure for information about the performance numbers displayed above. Net loss attributable to Liberty Oilfield Services Inc. stockholders per common share: Weighted average common shares outstanding: During the second quarter of 2021, the Company entered into a three-year cumulative pre-tax book loss driven primarily by Covid-19 which, applying the interpretive guidance to Accounting Standards Codification Topic 740 - Income Taxes, required the Company to recognize a valuation allowance against certain of the Companys deferred tax assets. 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. Recent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better. In terms of the Zacks Industry Rank, Oil and Gas - Field Services is currently in the top 8% of the 250 plus Zacks industries. Pre-tax Return on Capital Employed is the ratio of pre-tax net income (loss) for the twelve months ended March 31, 2022 to Average Capital Employed. Pre-tax Return on Capital Employed is the ratio of pre-tax net loss for the twelve months ended December 31, 2021 to Average Capital Employed. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Today, you can download 7 Best Stocks for the Next 30 Days. Best Professional Services in Paterna, Valencian Community. 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. Net loss before income taxes totaled $57 million for the fourth quarter of 2021 compared to net loss before income taxes of $39 million for the third quarter of 2021. NASDAQ data is at least 15 minutes delayed. Liberty is headquartered in Denver, Colorado.

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