(share counts presented in 000s). We, Yahoo, are part of the Yahoo family of brands. Watch Liberty Oilfield Services stock price in real-time on Markets Insider here. Fully diluted loss per share was $1.03 for the year ended December 31, 2021 compared to a loss of $1.36 per share for the year ended December 31, 2020. Pre-tax Return on Capital Employed is the ratio of pre-tax net income (loss) for the twelve months ended March 31, 2022 to Average Capital Employed. Liberty Energy Inc. We are encouraged by the progress weve made in the first quarter. Liberty is headquartered in Denver, Colorado. Current P/E ratio: 17.48 | Price (Jan 12, 2023, EOD): $16.83 (Find current average P/E ratios for all sectors below ) This compares to loss of $0.29 per share a. The frac services market is seeing robust activity improvement and a tightening of the supply-demand balance. So, the shares are expected to outperform the market in the near future. Best Professional Services in Paterna, Valencian Community. Non-GAAP financial and operational measures do not have any standardized meaning and are therefore unlikely to be comparable to similar measures presented by other companies. Copy and paste multiple symbols separated by spaces. Liberty Oilfield Services Inc. Stock Earnings Report. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Net loss before income taxes totaled $57 million for the fourth quarter of 2021 compared to net loss before income taxes of $39 million for the third quarter of 2021. Stocks moving after hours: Alcoa, Discover, Vroom, For-profit schools appeal student loan discharge settlement for 200,000 borrowers, Microsoft layoffs a 'rip the Band-Aid off' moment: Analyst Dan Ives, British Columbia reaches deal with First Nations in Canada's Montney shale play, Two Fed Voters Favor Downshift to Quarter-Point Rate Hikes. In the second quarter, we expect approximately 10% sequential revenue growth, driven by increased activity and continued incremental improvement in net service price. For the last reported quarter, it was expected that Liberty Oilfield Services would post a loss of $0.06 per share when it actually produced earnings of $0.02, delivering a surprise of +133.33%. Last year we expanded our services to include wireline and became a major sand producer, obtaining two large mines in the Permian Basin. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. In keeping with our companys expanded scope, we are updating our name to Liberty Energy. See the tables entitled Reconciliation and Calculation of Non-GAAP Financial and Operational Measures below. Operating and finance lease right-of-use assets, Current portion of operating and finance lease liabilities, Current portion of long-term debt, net of discount, Long-term operating and finance lease liabilities, Payable pursuant to tax receivable agreements, Accumulated other comprehensive income (loss), Reconciliation and Calculation of Non-GAAP Financial and Operational Measures, Reconciliation of Net Income (Loss) to EBITDA and Adjusted EBITDA, Depreciation, depletion, and amortization, Loss (gain) on remeasurement of liability under tax receivable agreements, Calculation of Pre-Tax Return on Capital Employed. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. Liberty is headquartered in Denver, Colorado. Liberty is a leading North American oilfield services firm that offers one of the most innovative suites of completion services and technologies to onshore oil and natural gas exploration and production companies. We, Yahoo, are part of the Yahoo family of brands. Liberty has focused on finding the right long-term partnerships for the coming years and has been very disciplined in holding our active frac fleet count steady until returns are strong. The presentation of non-GAAP financial and operational measures is not intended to be a substitute for, and should not be considered in isolation from, the financial measures reported in accordance with U.S. GAAP. We define Adjusted EBITDA as EBITDA adjusted to eliminate the effects of items such as non-cash stock based compensation, new fleet or new basin start-up costs, fleet lay-down costs, costs of asset acquisitions, gain or loss on the disposal of assets, bad debt reserves, transaction, severance, and other costs, the loss or gain on remeasurement of liability under our tax receivable agreements and other non-recurring expenses that management does not consider in assessing ongoing performance. Liberty Oilfield Services (LBRT) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2022. 303-515-2851 Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. Find out more about how we use your information in our privacy policy and cookie policy. This compares to year-ago revenues of $581.29 million. Plus500. liable for your own investment decisions and agree to the A telephone replay will be available shortly after the call and can be accessed by dialing (877) 344-7529, or for international callers (412) 317-0088. alongside a more general view of the financials and future forecast. Our many technical innovations and investment in vertical integration sets us up nicely to continue creating additional value for our customers and Liberty. These figures are adjusted for non-recurring items. Please refer to the reconciliation of Adjusted EBITDA (a non-GAAP measure) to net income (a GAAP measure) in this earnings release. Receive SEC Filings, Events, Press Releases and Stock Price Alerts. The report will also indicate a possible The results are expected to be released on July 27. Below you can see how LBRT performed 4 days prior and 4 days after releasing the In our eleven-year history we have seen two deep downturns, 2015 to 2016 and the recent Covid-induced downturn, and we have executed transformative transactions during both. Announces Timing of Release of Fourth Quarter and Full Year 2022 Financial Results and Conference Call, Liberty Energy Inc. Visit www.zacksdata.com to get our data and content for your mobile app or website. The outlook presented herein is subject to change by Liberty without notice and Liberty has no obligation to affirm or update such information, except as required by law. Watch. A quarter ago, it was expected that this provider of hydraulic fracturing services would post earnings of $0.18 per share when it actually produced earnings of $0.55, delivering a surprise of 205.56%. In addition, the company owns operates two sand mines in the Permian Basin. These figures are typically measured against previous quarters/years. 79% of retail CFD accounts lose money, New Oriental Education & Technology Group (EDU) Q2 2023 Earnings Call Transcript. Analysts estimate that Liberty Oilfield Services will report an earnings per share (EPS) of $0.63. ET LBRT earnings call for the period ending June 30,. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Liberty Oilfield Services shares have added about 24.2% since the beginning of the year versus the S&P 500's decline of -16.9%. The consensus EPS estimate for the quarter has been revised 0.9% lower over the last 30 days to the current level. A higher P/E ratio shows that investors are willing to pay a higher share price today because (amounts in thousands, except for per share and fleet data), Costs of services, excluding depreciation and amortization shown separately, Gain on remeasurement of liability under tax receivable agreement (1), Less: Net loss attributable to non-controlling interests, Net loss attributable to Liberty Oilfield Services Inc. stockholders. Liberty Oilfield Services , which belongs to the Zacks Oil and Gas - Field Services industry, posted revenues of $1.19 billion for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 13.40%. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial Individuals wishing to participate in the conference call should dial (833) 255-2827, or for international callers (412) 902-6704. Is your stock priced above or below the average P/E ratio? Net loss1 (after taxes) totaled $187 million for the year ended December 31, 2021 compared to net loss1 of $161 million for the year ended December 31, 2020. Net loss before incomes taxes totaled $178 million for the year ended December 31, 2021 compared to $192 million for the year ended December 31, 2020. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. Please read the full disclaimer here. Liberty will host a conference call to discuss the results at 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time) on Wednesday, February 9, 2022. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Ahead of this earnings release, the estimate revisions trend for Liberty Oilfield Services: favorable. This widely-known . Real time prices by BATS. These forward-looking statements are identified by their use of terms and phrases such as may, expect, estimate, outlook, project, plan, position, believe, intend, achievable, anticipate, will, continue, potential, likely, should, could, and similar terms and phrases. Click to get this free reportLiberty Energy Inc. (LBRT): Free Stock Analysis ReportTechnipFMC plc (FTI): Free Stock Analysis ReportTo read this article on Zacks.com click here. stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. technical signals. price of the stock. Oil and gas are central to the global economy which is well along the way of recovering from the global pandemic. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. One other stock from the same industry, FMC Technologies (FTI), is yet to report results for the quarter ended June 2022. Tight oil and natural gas markets, coupled with geopolitical tensions in many key oil and gas producing regions, have all eyes on North American supply. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. NASDAQ data is at least 15 minutes delayed. While Liberty Oilfield Services has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Revenues are . The company has topped consensus revenue estimates four times over the last four quarters. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. This compares to year-ago revenues of $653.73 million. share because it indicates how much the company earned for its shareholders. This gas supplier is expected to post quarterly earnings of $2.93 per share in its upcoming report, which represents a year-over-year change of +7.3%. The information above includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Net capital expenditures presented above include investing cash flows from purchase of property and equipment, excluding acquisition, net of proceeds from the sales of assets. These and other factors could cause our actual results to differ materially from those contained in any forward-looking statements. StockInvest.us provides daily technical stock analysis commentaries and Net capital expenditures presented above include investing cash flows from purchase of property and equipment, excluding acquisition, net of proceeds from the sales of assets. For example, a company with a current P/E of 25, trades As of December 31, 2021, Liberty had cash on hand of $20 million and total debt of $122 million, including $18 million drawn on the ABL credit facility, net of deferred financing costs and original issue discount. Linde (LIN Quick QuoteLIN - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2022. 2021 was a record year for Liberty work performed whether measured by revenues, frac stages or pounds of sand pumped. See the tables entitled Reconciliation and Calculation of Non-GAAP Financial and Operational Measures for a reconciliation or calculation of the non-GAAP financial or operational measures to the most directly comparable GAAP measure. These figures are adjusted for non-recurring items. For the fiscal year, analysts expect a profit per share of $0.023, compared to $-1.014 in the same period last year. To read this article on Zacks.com click here. Forward-Looking and Cautionary Statements. The information above includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Liberty Oilfield Services (LBRT) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.16. 5,587 sqft. The company has topped consensus revenue estimates four times over the last four quarters.The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.Liberty Oilfield Services shares have added about 24.2% since the beginning of the year versus the S&P 500's decline of -16.9%.What's Next for Liberty Oilfield Services?While Liberty Oilfield Services has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. While Liberty Oilfield Services has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Liberty is headquartered in Denver, Colorado. You can change your choices at any time by visiting your privacy controls. The outlook presented herein is subject to change by Liberty without notice and Liberty has no obligation to affirm or update such information, except as required by law. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. Copyright Liberty Oilfield Services LLC 2023. View source version on businesswire.com: https://www.businesswire.com/news/home/20220420006083/en/, Michael Stock Create your Watchlist to save your favorite quotes on Nasdaq.com. This quarter demonstrated the benefits of our vertical integration strategy as we successfully navigated an operationally challenging environment, commented Chris Wright, Chief Executive Officer. October 19, 2022, LIN Quick QuoteLIN LBRT Quick QuoteLBRT. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. In connection with the recognition of a valuation allowance, the Company was also required to remeasure the liability under the tax receivable agreements. In connection with the recognition of a valuation allowance, the Company was also required to remeasure the liability under the tax receivable agreement resulting in a gain. Liberty was founded in 2011 with a relentless focus on developing and delivering next generation technology for the sustainable development of unconventional energy resources in partnership with our customers. 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