Liberty Energy Inc. (LBRT) reported a fourth-quarter 2024 adjusted net income of 10 cents per share, which marginally beat the Zacks Consensus Estimate of 9 cents. The Denver, CO-based oil and gas equipment company's outperformance indicated a year-over-year decrease in costs and expenses.However, the bottom line underperformed the year-ago quarter’s reported figure of 54 cents, due to poor equipment and service execution, along with lower activity.Find the latest EPS estimates and surprises on Zacks Earnin ...

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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.11%. A quarter ago, it was expected that this provider of hydraulic fracturing services would post earnings of $0.55 per share when it actually produced earnings of $0.45, delivering a surprise of -18. ...

Financial Performance - Full year revenue for 2024 was $4.3 billion, a decrease of 9% from $4.7 billion in 2023[18] - Net income for 2024 was $316 million, or $1.87 fully diluted EPS, down from $556 million and $3.15 EPS in 2023[18] - Adjusted EBITDA for 2024 was $922 million, a 24% decrease from $1.2 billion in 2023[18] - Fourth quarter revenue was $944 million, a 12% decrease from $1.1 billion in Q4 2023[21] - Fourth quarter net income was $52 million, compared to $92 million in Q4 2023[21] - Revenue for the three months ended December 31, 2024, was $943,574,000, a decrease of 12.2% compared to $1,074,958,000 for the same period in 2023[40] - Adjusted EBITDA for the year ended December 31, 2024, was $921,593,000, down 24.0% from $1,213,068,000 in 2023[40] - Net income attributable to Liberty Energy Inc. stockholders for the year ended December 31, 2024, was $316,010,000, a decline of 43.3% from $556,317,000 in 2023[40] - Basic net income per share for the three months ended December 31, 2024, was $0.32, compared to $0.55 for the same period in 2023, representing a decrease of 41.8%[40] - Net income for the year ended December 31, 2024, was $316,010 million, a decrease of 43% compared to $556,408 million in 2023[46] - Adjusted Net Income for the year ended December 31, 2024, was $277,416 million, down from $557,962 million in 2023, reflecting a 50% decline[46] - Net income per diluted share for the year ended December 31, 2024, was $1.87, a decrease from $3.15 in 2023[46] - Adjusted Net Income per Diluted Share for the year ended December 31, 2024, was $1.64, down from $3.16 in 2023[46] Shareholder Returns - The company repurchased 6.3 million shares in 2024, representing 3.8% of shares outstanding, for approximately $127 million[13] - Liberty raised its quarterly cash dividend by 14% to $0.08 per share starting in Q4 2024[5] Operational Highlights - The company expects to deploy an additional 400 MW of power generation by the end of 2026, with deployments commencing later this year[6] - Liberty achieved a record of 7,143 pumping hours on a single fleet in 2024, averaging nearly 600 hours per month[5] Liquidity and Capital Structure - Total liquidity as of December 31, 2024, was $135 million, including cash on hand of $20 million and total debt of $191 million[23] - Total assets increased to $3,296,394,000 as of December 31, 2024, from $3,033,557,000 as of December 31, 2023, reflecting a growth of 8.7%[43] - Capital expenditures for the year ended December 31, 2024, were $627,057,000, an increase of 8.8% compared to $576,389,000 in 2023[40] - Total debt, net of discount, as of December 31, 2024, was $190,500 million, an increase from $140,000 million in 2023[47] Investment Performance - The company reported a net loss on unrealized investments of $49,227,000 for the year ended December 31, 2024[45] - Adjusted Pre-tax Return on Capital Employed for the twelve months ended December 31, 2024, was 17%[47] - Cash Return on Capital Invested for the twelve months ended December 31, 2024, was 21%[49] - Total Gross Capital Invested as of December 31, 2024, was $4,642,640 million, an increase from $3,963,213 million in 2023[49] - Adjusted EBITDA for the year ended December 31, 2024, was $1,213,068 million, compared to $860,267 million in 2023, representing a 41% increase[51] Cost Management - The total operating expenses for the three months ended December 31, 2024, were $918,650,000, a decrease of 3.4% from $951,204,000 in the same period of 2023[40] - The company expects future growth driven by recent acquisitions and improvements in operating procedures and technology[37]

Falcon Oil & Gas Ltd. Beetaloo Operational Update – Stimulation Campaign & Remaining Shenandoah South Pilot Project 24 January 2025 – Falcon Oil & Gas Ltd. (TSXV:FO, AIM: FOG)) is pleased to announce the commencement of stimulation campaign at the Shenandoah S2-2H ST1 ("S2-2H ST1") and Shenandoah S2-4H ("S2-4H") wells in the Beetaloo Sub-Basin, Northern Territory, Australia with Falcon Oil & Gas Australia Limited's ("Falcon") joint venture partner, Tamboran (B2) Pty Limited (collectively the "Beetaloo JV pa ...

Liberty Energy Inc. (LBRT) , a leading provider of hydraulic services and related technologies to onshore oil and natural gas exploration and production companies in North America, is set to report fourth-quarter earnings on Jan. 29, after the closing bell. The Zacks Consensus Estimate for earnings is pegged at 10 cents per share and the same for revenues is pinned at $980.8 million.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Let us delve into the factors that might have influence ...

The market expects Liberty Oilfield Services (LBRT) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, ...

Liberty Energy Inc. (LBRT) and DC Grid have joined forces to create groundbreaking solutions, tailored to meet the evolving demands of industries such as commercial fleet electric vehicle (“EV”) hubs and data centers. This strategic partnership introduces a cutting-edge approach to power generation, leveraging innovative technologies to provide fast, scalable and efficient energy alternatives.Powering the Future With Modular DC TechnologyThe collaboration combines LBRT's extensive experience in power genera ...

Falcon Oil & Gas Ltd.("Falcon" or "Company") Drilling completed on the second well in the Shenandoah South Pilot Project, Shenandoah S2-4H 23 December 2024 – Falcon Oil & Gas Ltd. (TSXV:FO, AIM: FOG)) is pleased to announce that the Shenandoah S2-4H ("SS4H") horizontal well was successfully drilled, cased and cemented to a measured depth of 6,452 metres (21,169 feet) in exploration permit 98 in the Beetaloo Sub-basin, Northern Territory, Australia with Falcon Oil & Gas Australia Limited's ("Falcon Australi ...

Liberty Energy (NYSE: LBRT ) is a company dedicated to the production and rental of onshore oil exploration and extraction equipment in the United States. The company provides its services in the main basins of the US, highlighting the Permian, Eagle Ford andI am an individual investor with over 10 years of trading. I have been developing as a stock analyst for the last five years. I am inclined to search for Value companies, mainly linked to the production of commodities. I mainly focus on companies that s ...

He is the leader of the investing group The Daily Drilling Report where he provides investment analysis for the oil and gas industry. Features of the group include: a model portfolio that covers all segments of upstream oilfield activity with weekly updates, ideas for both U.S and international energy companies, coverage from shale to deepwater drillers, technical analysis to identify catalysts, and more. Learn More .Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of t ...