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Liberty Energy Inc Class A LBRT

Morningstar Rating
$22.72 −0.01 (0.04%)
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Company Report

Dual Fuel-Capable Frac Fleets Drive Liberty Energy's Efficiency Gains

Liberty Energy has provided hydraulic fracturing services since 2011, expanding from one active fleet to over 40 over the past decade. Most of its management team has been involved in technological innovation for fracking since the 1990s. Current tech solutions include statistical analysis to optimize frac design and dual-fuel fleets. The 2020 acquisition of OneStim from Schlumberger, previously the leader in North American pressure pumping, doubled Liberty's capacity while adding a slew of previously unpenetrated customers and shale basins.

Price vs Fair Value

LBRT is trading at a 499% premium.
Price
$22.73
Fair Value
$76.00
Uncertainty
Very High
1-Star Price
$13.10
5-Star Price
$6.00
Economic Moat
Nwx
Capital Allocation
Vjyykqcdz

Bulls Say, Bears Say

Bulls

Increased market share resulting from the OneStim acquisition will enable Liberty to develop relationships with new clients, leading to higher revenue growth over time.

Bears

A lack of international exposure limits Liberty’s growth potential to E&P firms’ capital spending in North American markets, which are inherently volatile

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News

Trading Information

Previous Close Price
$22.73
Day Range
$22.5523.00
52-Week Range
$12.3924.76
Bid/Ask
$22.73 / $22.74
Market Cap
$3.79 Bil
Volume/Avg
511,086 / 2.6 Mil

Key Statistics

Price/Earnings (Normalized)
8.42
Price/Sales
0.87
Dividend Yield (Trailing)
1.14%
Dividend Yield (Forward)
1.23%
Total Yield
5.33%

Company Profile

Liberty Energy is an oilfield services company that provides hydraulic fracturing services—mainly pressure pumping—in major basins throughout North America. Its 2020 acquisition of Schlumberger’s OneStim business segment made Liberty one of the largest pressure pumpers in North America. It also added wireline operations, two Permian frac sand mines, and an expanded technological portfolio.
Sector
Energy
Industry
Oil & Gas Equipment & Services
Stock Style Box
Small Value
Total Number of Employees
5,500

Competitors

Valuation

Metric
LBRT
HAL
BKR
Price/Earnings (Normalized)
8.4210.6418.14
Price/Book Value
1.993.112.06
Price/Sales
0.871.311.23
Price/Cash Flow
3.698.0811.59
Price/Earnings
LBRT
HAL
BKR

Financial Strength

Metric
LBRT
HAL
BKR
Quick Ratio
1.021.300.73
Current Ratio
1.482.121.25
Interest Coverage
22.695.9814.14
Quick Ratio
LBRT
HAL
BKR

Profitability

Metric
LBRT
HAL
BKR
Return on Assets (Normalized)
16.61%11.75%4.54%
Return on Equity (Normalized)
28.21%31.52%10.83%
Return on Invested Capital (Normalized)
23.77%18.09%8.24%
Return on Assets
LBRT
HAL
BKR
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Oil & Gas Equipment & Services Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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Baker Hughes Co Class A
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Halliburton Co
HAL
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Tenaris SA ADR
TS
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TechnipFMC PLC
FTI
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Weatherford International PLC Ordinary Shares - New
WFRD
XtlVqm$8.0 Bil
NOV Inc
NOV
FjpjhcykWjs$6.9 Bil
ChampionX Corp
CHX
DzrbcgshNst$5.9 Bil
Expro Group Holdings NV
XPRO
PrxvcmsXhxv$2.4 Bil

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