Liberty Energy Inc Class A

LBRT: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$81.00	Kfb	Dldhgprbl

Strong Fracking Activity Bolsters Liberty Energy's Third-Quarter Results

Katherine Olexa

Oct 20, 2022

Liberty Energy posted very strong results in its third quarter, with revenue increasing 82% year over year and 26% sequentially. We'll incorporate the firm's full financial results shortly, but after this first look we maintain our $16 fair value estimate. The firm's no-moat rating, stable moat trend, and Morningstar Uncertainty Rating of Very High are unchanged following results.

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