Wednesday, December 25, 2024
Liberty Energy Inc. announces fourth quarter and full year 2023 financial and operational results and increase in existing share repurchase authorization to $750 million- oil and gas 360

Liberty Energy Inc. announces fourth quarter and full year 2023 financial and operational results and increase in existing share repurchase authorization to $750 million

Oil and Gas 360 January 24, 2024 DENVER–(BUSINESS WIRE)– Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today full year and fourth quarter 2023 financial and operational results. Summary Results and Highlights Revenue of $4.7 billion for the year ended December 31, 2023 Net income1 of $556 million, or $3.15 fully diluted earnings per share (“EPS”), for the year ended December 31, 2023, up

Eying a shale rebound, Liberty Oilfield strikes deal with Schlumberger- oil and gas 360

Liberty Oilfield Services Grows Frac Fleet

Liberty Oilfield Services Inc. (ticker: LBRT) reported a net income of $54 million in Q1 2018 and the company deployed its frac fleets 20 and 21, under dedicated arrangements with existing customers in the quarter. For the first quarter of 2018, revenue grew 10% to $495 million from $449 million in the fourth quarter of 2017. Liberty said that Q1

Frac Provider Liberty Oilfield Services Earns $130 Million in 2017

Liberty added 1,000 new employees in 2017, ordered two additional frac fleets to be delivered in Q3, Q4 2018 Newly public Liberty Oilfield Services Inc. (ticker: LBRT) earned $45 million, or $0.30 per share in Q4 2017. For the full year of 2017, the company earned $130 million, or $0.88 per share. Liberty said that these numbers have been adjusted

Liberty Oilfield Services Goes Public with a Bang: Up 28% First Day on NYSE

Liberty Oilfield Services Inc. (ticker: LBRT) announced the pricing of an upsized initial public offering of 12,731,092 shares of its Class A common stock at $17.00 per share early on Jan. 12. The shares opened trading on the NYSE today at $21.20.  By midday shares of Liberty were trading at almost a 28% premium. In addition, Liberty and the selling