Financial PerformanceLBRT's strong operating leverage and improved operational efficiencies contributed to a 9% beat in adjusted EBITDA compared to consensus.
Growth PotentialLBRT's new Power Generation Services business and the value that these investments create seem under-appreciated, suggesting potential for future growth.
Market PositionLBRT's Completion Services business is considered best in class, with frac assets almost fully utilized compared to industry averages.