Liberty Energy Inc Class A
LBRT: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.!?$N<! | LOCK|x?z | LOCK|>!BK>kK |
Liberty Energy Earnings: Diminished Third Quarter Comes From End Market Activity Slowdown
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.
