Liberty Oilfield Services Inc. ( (LBRT) ) has released its Q1 earnings. Here is a breakdown of the information Liberty Oilfield Services Inc. presented to its investors.
Liberty Energy Inc. is a prominent energy services company, providing completion services and technologies to onshore oil, natural gas, and enhanced geothermal energy producers in North America. The company also offers advanced distributed power and energy storage solutions through its subsidiary, Liberty Power Innovations LLC.
In its first quarter of 2025, Liberty Energy Inc. reported a revenue of $977 million, marking a 4% increase from the previous quarter. The company achieved a net income of $20 million, with an adjusted EBITDA of $168 million, reflecting an 8% sequential growth. Liberty also distributed $37 million to shareholders through share repurchases and dividends, and expanded its power systems offering by acquiring IMG Energy Solutions.
Key financial highlights include a 12% trailing twelve-month adjusted pre-tax return on capital employed and a successful test of the industry’s first natural gas variable speed pump. The company also set a new benchmark in equipment component longevity using AI-driven predictive maintenance systems. Liberty’s strategic investments and technological advancements have positioned it well to navigate market uncertainties.
Looking ahead, Liberty Energy Inc. anticipates sequential growth in revenue and profitability in the second quarter, driven by higher utilization. The company remains focused on delivering superior services and enhancing efficiencies amidst market uncertainties, supported by its strong balance sheet and strategic investments in technology and operational efficiency.