Energy Secretary Chris Wright said coal has a central role to play in meeting growing electricity demand in the U.S. Wright's comments come as President Donald Trump is poised to sign an order Tuesday that aims to support coal production in the U.S.
Ron Gusek, Liberty Energy CEO, joins 'Power Lunch' to discuss Trump's energy trade tariffs against Venezuela and the overall energy market.
LBRT acquires IMG Energy to expand advanced power solutions, integrating microgrid technology, modular energy systems and 24/7 monitoring capabilities.
Liberty Oilfield Services (LBRT) reported earnings 30 days ago. What's next for the stock?
The frac demand isn't great, but the supply for modern fleets is also constrained. A call on U.S. natural gas is coming as LNG facilities come online; when that happens, Liberty will be favorably positioned. In the near term, though, Liberty Energy's limited free cash flow is a concern.
Liberty Energy Inc. (NYSE:LBRT ) Q4 2024 Earnings Conference Call January 30, 2025 10:00 AM ET Company Participants Anjali Voria - Director, IR Michael Stock - CFO Ron Gusek - incoming-CEO Conference Call Participants Stephen Gengaro - Stifel Arun Jayaram - JPMorgan Ati Modak - Goldman Sachs Scott Gruber - Citigroup Marc Bianchi - TD Cowen Saurabh Pant - Bank of America Daniel Kutz - Morgan Stanley Waqar Syed - ATB Capital Markets Tom Curran - Seaport Research Eddie Kim - Barclays Keith MacKey - RBC Capital Markets Operator Welcome to the Liberty Energy Earnings Conference call. [Operator Instructions] Please note, this event is being recorded.
Liberty Energy expects modest adjusted EBITDA and revenue growth in the first quarter, along with strong free cash flow from completions services.
Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.54 per share a year ago.
LBRT expects lower revenues due to a weak global macroeconomic environment, but an improved bottom line due to cost reductions in the fourth quarter of 2024.
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.
LBRT and DC Grid team up to deliver innovative, modular energy systems that reduce emissions and support industries like EV hubs and data centers with reliable power.
Stifel raised the firm's price target on Liberty Energy to $25 from $23 and keeps a Buy rating on the shares. Heading into 2025, the firm expects "more of the same" in the Oil Services world as well limited macro-catalysts for the stocks, the analyst tells investors. Stifel listed the company as one of its favorite names in the Energy Services and Equipment sector.