Liberty Energy (LBRT) Stock Price, News & Analysis

Company Overview

Liberty Energy Inc. provides hydraulic services and related technologies to onshore oil and natural gas exploration, and production companies in North America. The company offers hydraulic fracturing services, including complementary services, such as wireline services, proppant delivery solutions, field gas processing and treating, compressed natural gas (CNG) delivery, data analytics, related goods comprising sand mine operations, and technologies; and well site fueling and logistics. As of as of December 31, 2023, the company owned and operated a fleet of approximately 40 active hydraulic fracturing; and two sand mines in the Permian Basin. In addition, the company provides services primarily in the Permian Basin, the Williston Basin, the Eagle Ford Shale, the Haynesville Shale, the Appalachian Basin (Marcellus Shale and Utica Shale), the Western Canadian Sedimentary Basin, the Denver-Julesburg Basin (the DJ Basin), and the Anadarko Basin. Liberty Energy Inc. was formerly known as Liberty Oilfield Services Inc. and changed its name to Liberty Energy Inc. in April 2022. The company was founded in 2011 and is headquartered in Denver, Colorado.

Key Stats

• Today's Range: $16.75 to $17.63
• 50-Day Range: $16.68 to $21.10
• 52-Week Range: $16.57 to $24.75
• Volume: 2.18 million shs
• Average Volume: 2.50 million shs
• Market Capitalization: $2.76 billion
• P/E Ratio: 8.05
• Dividend Yield: 1.66%
• Price Target: $22.89
• Consensus Rating: Moderate Buy

Liberty Energy Stock Analysis - MarketRank™

Liberty Energy scored higher than 82% of companies evaluated by MarketBeat, and ranked 77th out of 265 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Liberty Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 5 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Liberty Energy has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -28.57%

Earnings Growth

Earnings for Liberty Energy are expected to decrease by -28.57% in the coming year, from $1.75 to $1.25 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Liberty Energy is 8.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.25.

Price to Earnings Ratio vs. Sector

The P/E ratio of Liberty Energy is 8.05, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.19.

Price to Book Value per Share Ratio

Liberty Energy has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.73% of the float of Liberty Energy has been sold short.

Short Interest Ratio / Days to Cover

Liberty Energy has a short interest ratio ("days to cover") of 8.

Change versus previous month

Short interest in Liberty Energy has recently increased by 1.19%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Liberty Energy pays a meaningful dividend of 1.60%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Liberty Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Liberty Energy is 13.33%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Liberty Energy will have a dividend payout ratio of 22.40% next year. This indicates that Liberty Energy will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.73% of the float of Liberty Energy has been sold short.

Short Interest Ratio / Days to Cover

Liberty Energy has a short interest ratio ("days to cover") of 8.

Change versus previous month

Short interest in Liberty Energy has recently increased by 1.19%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.22

News Sentiment

Liberty Energy has a news sentiment score of 1.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Liberty Energy this week, compared to 6 articles on an average week.

Search Interest

Only 3 people have searched for LBRT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Liberty Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Liberty Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,911,802.00 in company stock.

Percentage Held by Insiders

Only 3.60% of the stock of Liberty Energy is held by insiders.

Percentage Held by Institutions

98.22% of the stock of Liberty Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LBRT Stock Analysis - Frequently Asked Questions

How have LBRT shares performed this year?

Liberty Energy's stock was trading at $18.14 on January 1st, 2024. Since then, LBRT stock has decreased by 6.8% and is now trading at $16.90.
View the best growth stocks for 2024 here.

How were Liberty Energy's earnings last quarter?

Liberty Energy Inc. (NYSE:LBRT) posted its quarterly earnings data on Wednesday, October, 16th. The company reported $0.45 EPS for the quarter, missing the consensus estimate of $0.55 by $0.10. The firm's quarterly revenue was down 6.4% compared to the same quarter last year.

Does Liberty Energy have any subsidiaries?

The following companies are subsidiaries of Liberty Energy: PropX, OneStim, Titan Frac Services LLC, Sanjel Corporation, Freedom Proppant LLC, Liberty Oilfield Services LLC, Liberty Oilfield Services New HoldCo LLC, and more.

When did Liberty Energy IPO?

Liberty Energy (LBRT) raised $160 million in an initial public offering on Friday, January 12th 2018. The company issued 10,700,000 shares at a price of $14.00-$16.00 per share. Morgan Stanley, Goldman, Sachs, Wells Fargo Securities, Citigroup, J.P. Morgan and Evercore ISI served as the underwriters for the IPO and Simmons & Company International (Energy Specialists of Piper Jaffray), Tudor, Pickering, Holt, Houlihan Lokey, Intrepid Partners, Petrie Partners Securities and SunTrust Robinson Humphrey were co-managers.

Who are Liberty Energy's major shareholders?

Liberty Energy's top institutional investors include FMR LLC (11.09%), Pacer Advisors Inc. (4.29%), State Street Corp (4.08%) and Canoe Financial LP (2.48%). Insiders that own company stock include Limited/Nv Schlumberger, Christopher A Wright, Ron Gusek, Michael Stock, R Sean Elliott, Ryan T Gosney, Ken Babcock and William F Kimble.
View institutional ownership trends.

How do I buy shares of Liberty Energy?

Shares of LBRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Liberty Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Liberty Energy investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), TotalEnergies (TTE) and Southern First Bancshares (SFST).

Company Calendar

• Ex-Dividend for 9/20 Dividend: 9/06/2024
• Dividend Payable: 9/20/2024
• Last Earnings: 10/16/2024
• Today: 11/17/2024
• Ex-Dividend for 12/20 Dividend: 12/06/2024
• Dividend Payable: 12/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/22/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Oil & gas field services, not elsewhere classified
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:LBRT
• CUSIP: N/A
• CIK: 1694028
• Web: www.libertyfrac.com
• Phone: (303) 515-2800
• Fax: 303-515-2880
• Employees: 5,500
• Year Founded: 2011

Price Target and Rating

• Average Stock Price Target: $22.89
• High Stock Price Target: $25.00
• Low Stock Price Target: $19.00
• Potential Upside/Downside: +35.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.64
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.10
• Trailing P/E Ratio: 8.05
• Forward P/E Ratio: 9.66
• P/E Growth: N/A
• Net Income: $556.32 million
• Net Margins: 8.02%
• Pretax Margin: 10.45%
• Return on Equity: 18.50%
• Return on Assets: 11.17%

Debt

• Debt-to-Equity Ratio: 0.17
• Current Ratio: 1.23
• Quick Ratio: 0.97

Sales & Book Value

• Annual Sales: $4.75 billion
• Price / Sales: 0.58
• Cash Flow: $5.65 per share
• Price / Cash Flow: 2.99
• Book Value: $12.05 per share
• Price / Book: 1.40

Miscellaneous

• Outstanding Shares: 163,420,000
• Free Float: 157,533,000
• Market Cap: $2.76 billion
• Optionable: Optionable
• Beta: 1.70