Education
About Us
Working with TipRanks
Follow Us
Liberty Oilfield Services (LBRT)
NYSE:LBRT
Top Page
Liberty Oilfield Services
(NYSE:LBRT)
Select Model
Select Model
Rating:69Neutral
Price Target:
$20.00
▲(4.00% Upside)
Liberty Oilfield Services' overall stock score reflects a mix of challenges and opportunities. The most significant factor is the financial performance, which is under pressure due to declining revenue and profitability. Technical analysis shows positive momentum, but potential overbought conditions warrant caution. Valuation is fair, and the earnings call indicates strategic growth potential despite current challenges.
Positive Factors
Technological Advancements
The adoption of AI-driven technology enhances operational efficiency, reducing time and improving hydraulic efficiency, which strengthens competitive advantage.
Expansion in Power Generation
Expanding into power generation diversifies revenue streams and capitalizes on demand from data centers, supporting long-term growth.
Dividend Increase
The dividend increase signals management's confidence in sustainable cash flow and commitment to shareholder value, enhancing investor appeal.
Negative Factors
Revenue Decline
Declining revenue due to market conditions and pricing pressures suggests challenges in maintaining growth and profitability in the near term.
Decreased Net Income
Falling net income indicates reduced profitability, which may affect the company's ability to reinvest in growth and manage financial obligations.
Increased Net Debt
Rising net debt levels can strain financial flexibility and increase risk, potentially impacting long-term financial stability and investment capacity.
Liberty Oilfield Services (LBRT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$3.19B
Dividend Yield1.78%
Average Volume (3M)4.69M
Price to Earnings (P/E)17.5
Beta (1Y)1.25
Revenue Growth-12.05%
EPS Growth-46.45%
CountryUS
Employees5,700
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)-0.06
Shares Outstanding161,966,950
10 Day Avg. Volume3,020,283
30 Day Avg. Volume4,691,670
Financial Highlights & Ratios
PEG Ratio-0.25
Price to Book (P/B)1.66
Price to Sales (P/S)0.76
P/FCF Ratio18.41
Enterprise Value/Market Cap0.83
Enterprise Value/Revenue0.68
Enterprise Value/Gross Profit8.45
Enterprise Value/Ebitda3.36
Forecast
1Y Price Target
$19.91Price Target Upside3.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Liberty Oilfield Services Business Overview & Revenue Model
Company DescriptionLiberty Energy Inc. provides hydraulic fracturing and wireline services, and related goods to onshore oil and natural gas exploration and production companies in North America. It also offers hydraulic fracturing pressure pumping services, including pressure pumping and pumpdown perforating services, as well wireline services, proppant delivery solutions, data analytics, related goods and technologies. In addition, the company owns operates two sand mines in the Permian Basin. As of December 31, 2021, it had a total of approximately 30 active frac fleets. The company offers its services primarily in the Permian Basin, the Eagle Ford Shale, the Denver-Julesburg Basin, the Williston Basin, and the Powder River Basin. The company was formerly known as Liberty Oilfield Services Inc. and changed its name to Liberty Energy Inc. in April 2022. Liberty Energy Inc. was founded in 2011 and is headquartered in Denver, Colorado.
How the Company Makes MoneyLiberty Oilfield Services generates revenue primarily through the provision of hydraulic fracturing services, which is billed based on the volume of work performed and the complexity of the services rendered. The company has established key revenue streams through long-term contracts with major exploration and production companies, offering them reliable and customized service solutions. Additionally, Liberty benefits from economies of scale and operates a fleet of modern, efficient equipment that reduces operational costs and increases profitability. Significant partnerships with leading oil and gas companies and a strong focus on technological advancements further contribute to its earnings by enabling enhanced service delivery and improved production outcomes for clients.
Liberty Oilfield Services Earnings Call Summary
Earnings Call Date:Oct 16, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Jan 22, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted significant technological advancements and expansion in the power generation business, reflecting strong strategic positioning and customer engagement. However, it also noted challenges such as revenue decline, decreased net income, and macroeconomic uncertainties affecting the industry. Despite these challenges, the company shows confidence in future growth, as evidenced by the dividend increase.Q3-2025 Updates
Positive Updates
Record Operational Efficiency
Liberty achieved the highest combined average daily pumping efficiency and safety performance in the company's history, despite a slowdown in industry completions activity.
Technological Advancements
Liberty's Digi Prime fleets and AI-driven software, StimCommander, are driving significant operational efficiencies. The AI-driven system has led to a 65% reduction in time to deliver desired fluid injection rates and a 5% to 10% improvement in hydraulic efficiency.
Expansion in Power Generation
Liberty is expanding its power business with plans to secure over one gigawatt of capacity by 2027, capitalizing on strong demand from data centers and large-scale industrial applications.
Strong Customer Engagement
Liberty's sales pipeline for power generation has more than doubled in the last ninety days, with increasing urgency from potential customers.
Dividend Increase
Liberty increased its quarterly cash dividend by 13%, reflecting confidence in future growth and commitment to delivering long-term value to shareholders.
Negative Updates
Revenue Decline
Third-quarter revenue decreased by 9% sequentially to $947 million from $1 billion in the prior quarter due to softened activity and market-driven pricing headwinds.
Decreased Net Income
Third-quarter net income fell to $43 million from $71 million in the prior quarter, with an adjusted net loss of $10 million.
Underutilized Frac Fleets
Lower industry activity and underutilized fleets are driving pricing pressure in the frac markets, impacting profitability.
Increased Net Debt
Net debt increased by $99 million from the prior quarter, resulting in a total net debt of $240 million.
Macroeconomic Uncertainty
Ongoing macroeconomic uncertainties and industry-wide activity reductions are impacting market conditions, leading to a cautious outlook for the near term.
Company Guidance
During the Liberty Energy third quarter 2025 earnings call, the company provided guidance reflecting both operational achievements and financial metrics. Liberty reported a revenue of $947 million and an adjusted EBITDA of $128 million, despite industry challenges such as a slowdown in completions activity and pricing pressures. The company highlighted their technological advancements, including the Digi Prime fleets and AI-driven software, which contributed to record-breaking performance metrics and a 65% reduction in time to achieve desired fluid injection rates. Liberty's focus on power generation opportunities was also emphasized, with plans to increase power capacity to over one gigawatt by 2027. Financially, they ended the quarter with a cash balance of $13 million and net debt of $240 million, and they forecasted capital expenditures for 2025 to be approximately $525 million to $550 million. The call also noted a 13% increase in the quarterly cash dividend, reflecting confidence in future growth and shareholder value.Liberty Oilfield Services Financial Statement Overview
Summary
Liberty Oilfield Services is facing declining revenue and profit margins, with significant drops in gross and net profit margins. The balance sheet shows moderate leverage, but cash flow challenges are evident with negative free cash flow. Operational efficiency needs improvement to enhance financial performance.Income Statement
Liberty Oilfield Services has shown a decline in revenue and profit margins in the TTM period compared to previous years. The gross profit margin has decreased significantly from 20.58% in 2023 to 8.01% in TTM, and the net profit margin has also dropped from 11.72% to 4.76%. Revenue growth has been negative, indicating a challenging market environment. However, the company has maintained a positive EBIT and EBITDA margin, showing some operational efficiency.Balance Sheet
The company's balance sheet reflects moderate leverage with a debt-to-equity ratio of 0.30 in the TTM period, which is manageable. The return on equity has decreased from 30.21% in 2023 to 9.24% in TTM, indicating reduced profitability. However, the equity ratio remains strong, suggesting a solid capital structure.Cash Flow
Liberty Oilfield Services faces challenges in cash flow management, with a significant decline in free cash flow growth and a negative free cash flow in the TTM period. The operating cash flow to net income ratio is healthy at 0.87, but the negative free cash flow to net income ratio highlights potential liquidity issues.| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.91B | 4.32B | 4.75B | 4.15B | 2.47B | 965.79M |
| Gross Profit | 313.46M | 609.61M | 977.04M | 677.16M | -41.90M | -72.28M |
| EBITDA | 787.43M | 941.01M | 1.19B | 745.25M | 100.57M | 3.32M |
| Net Income | 186.07M | 316.01M | 556.32M | 399.60M | -179.24M | -115.58M |
Balance Sheet | ||||||
| Total Assets | 3.50B | 3.30B | 3.03B | 2.58B | 2.04B | 1.89B |
| Cash, Cash Equivalents and Short-Term Investments | 13.45M | 19.98M | 36.78M | 43.68M | 20.00M | 68.98M |
| Total Debt | 625.98M | 533.61M | 405.31M | 348.92M | 243.63M | 211.58M |
| Total Liabilities | 1.43B | 1.32B | 1.19B | 1.08B | 810.22M | 579.90M |
| Stockholders Equity | 2.07B | 1.98B | 1.84B | 1.50B | 1.21B | 1.15B |
Cash Flow | ||||||
| Free Cash Flow | -2.14M | 178.34M | 411.29M | 71.04M | -63.33M | -18.21M |
| Operating Cash Flow | 591.46M | 829.37M | 1.01B | 530.36M | 135.47M | 85.42M |
| Investing Cash Flow | -490.48M | -643.11M | -672.33M | -450.66M | -186.49M | -100.27M |
| Financing Cash Flow | -110.49M | -202.71M | -349.31M | -55.77M | 2.06M | -28.87M |
Liberty Oilfield Services Technical Analysis
Positive
19.23
Price Trends
18.05
Positive
15.23
Positive
13.58
Positive
Market Momentum
0.36
Negative
57.70
Neutral
62.66
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LBRT, the sentiment is Positive. The current price of 19.23 is above the 20-day moving average (MA) of 18.55, above the 50-day MA of 18.05, and above the 200-day MA of 13.58, indicating a bullish trend. The MACD of 0.36 indicates Negative momentum. The RSI at 57.70 is Neutral, neither overbought nor oversold. The STOCH value of 62.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LBRT.
Liberty Oilfield Services Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $2.52B | 15.45 | 8.10% | ― | 3.18% | -53.71% | |
69 Neutral | $3.19B | 17.48 | 9.21% | 1.78% | -12.05% | -46.45% | |
68 Neutral | $1.30B | 26.85 | 4.31% | 2.94% | 4.20% | -59.96% | |
67 Neutral | $480.35M | 20.99 | 3.31% | ― | -11.02% | ― | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
50 Neutral | $978.47M | -56.75 | -2.05% | ― | -11.65% | 87.57% | |
47 Neutral | $739.76M | -2.02 | -31.46% | ― | -11.92% | -53.72% |
* Energy Sector Average
LBRT
Liberty Oilfield Services
19.23
-1.65
-7.90%
OIS
Oil States International
7.87
2.45
45.20%
RES
RPC
5.98
-0.41
-6.42%
DNOW
Now
13.52
0.10
0.75%
PUMP
Propetro Holding
9.42
-1.07
-10.20%
ACDC
ProFrac Holding
4.14
-4.39
-51.47%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.