Liberty Energy Inc Class A

LBRT: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Liberty Energy Earnings: Diminished Third Quarter Comes From End Market Activity Slowdown

Joshua Aguilar , Abby Weimer

Oct 17, 2024

Liberty Energy's third-quarter results were roughly in line with our expectations from both a top-line and adjusted EBITDA perspective. The firm posted revenue of $1.1 billion and adjusted EBITDA result of $248 million. So, we maintain our no-moat rating and $18 fair value estimate. We see shares as fairly valued at the time of writing.

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Liberty Energy Inc Class A

Liberty Energy Earnings: Diminished Third Quarter Comes From End Market Activity Slowdown

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