Liberty Energy (LBRT) aims to sustain strong performance amid softening industry conditions by investing in competitive advantages, making robust cash flow and delivering value to its shareholders.
Liberty Energy is FCF positive after dividends, share repurchases, and CAPEX spending. The company is gaining market share as a result of being a top-tier service provider. Longer term, natural gas drilling demand and refrac opportunities should improve the company's earning potential through higher service fees.
Liberty Energy Inc. (NYSE:LBRT ) Q2 2024 Earnings Conference Call July 18, 2024 10:00 AM ET Company Participants Anjali Voria - Director of Investor Relations Chris Wright - Chief Executive Officer Michael Stock - Chief Financial Officer Ron Gusek - President Conference Call Participants Scott Gruber - Citigroup Marc Bianchi - TD Cowen Arun Jayaram - J.P. Morgan Jeffrey LeBlanc - Tudor, Pickering, Holt & Co. Stephen Gengaro - Stifel Waqar Syed - ATB Capital Markets Derek Podhaizer - Barclays Neil Mehta - Goldman Sachs Tom Curran - Seaport Research Partners Keith MacKey - RBC Capital Markets Operator Welcome to the Liberty Energy Earnings Conference Call.
Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.87 per share a year ago.
Liberty Energy (LBRT) is anticipated to report higher revenues from the last reported quarter. However, it is expected to record a lower bottom line due to rising costs.
Investors need to pay close attention to Liberty Energy (LBRT) stock based on the movements in the options market lately.
Liberty Oilfield Services (LBRT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Liberty Oilfield Services (LBRT) reported earnings 30 days ago. What's next for the stock?