Snowflake Score | |
---|---|
Valuation | 4/6 |
Future Growth | 3/6 |
Past Performance | 0/6 |
Financial Health | 5/6 |
Dividends | 0/6 |
LBRT Stock Overview
Liberty Energy Inc. provides hydraulic fracturing and wireline services, and related goods to onshore oil and natural gas exploration and production companies in North America.
Liberty Energy Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$13.38 |
52 Week High | US$20.05 |
52 Week Low | US$8.50 |
Beta | 2.37 |
1 Month Change | -18.61% |
3 Month Change | -9.66% |
1 Year Change | -5.17% |
3 Year Change | -10.80% |
5 Year Change | n/a |
Change since IPO | -38.48% |
Recent News & Updates
Liberty Energy: 'Dude, Where's My Power?'
Liberty's business is expanding and EBITDA per fleet is on the rise. Liberty's stock is cheap in EV/EBITDA terms and needs to go higher just to maintain multiples as cash flow increases. We think LBRT stock is a buy and are recommending it at current levels.
Estimating The Intrinsic Value Of Liberty Energy Inc. (NYSE:LBRT)
How far off is Liberty Energy Inc. ( NYSE:LBRT ) from its intrinsic value? Using the most recent financial data, we'll...
Shareholder Returns
LBRT | US Energy Services | US Market | |
---|---|---|---|
7D | -2.8% | -0.4% | 6.3% |
1Y | -5.2% | 15.4% | -18.8% |
Return vs Industry: LBRT underperformed the US Energy Services industry which returned 15.4% over the past year.
Return vs Market: LBRT exceeded the US Market which returned -18.8% over the past year.
Price Volatility
LBRT volatility | |
---|---|
LBRT Average Weekly Movement | 9.1% |
Energy Services Industry Average Movement | 9.1% |
Market Average Movement | 8.1% |
10% most volatile stocks in US Market | 16.7% |
10% least volatile stocks in US Market | 3.2% |
Stable Share Price: LBRT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: LBRT's weekly volatility (9%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2011 | 3,601 | Chris Wright | https://www.libertyfrac.com |
Liberty 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.
Liberty Energy Fundamentals Summary
LBRT fundamental statistics | |
---|---|
Market Cap | US$2.50b |
Earnings (TTM) | -US$150.41m |
Revenue (TTM) | US$2.71b |
0.9x
P/S Ratio-16.6x
P/E RatioIs LBRT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
LBRT income statement (TTM) | |
---|---|
Revenue | US$2.71b |
Cost of Revenue | US$2.42b |
Gross Profit | US$290.51m |
Other Expenses | US$440.93m |
Earnings | -US$150.41m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | -0.81 |
Gross Margin | 10.71% |
Net Profit Margin | -5.55% |
Debt/Equity Ratio | 17.2% |
How did LBRT perform over the long term?
See historical performance and comparisonValuation
Is LBRT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for LBRT?
Other financial metrics that can be useful for relative valuation.
What is LBRT's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$2.50b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 1x |
Enterprise Value/EBITDA | 18.1x |
PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does LBRT's PS Ratio compare to its peers?
LBRT PS Ratio vs Peers |
---|
Company | PS | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 1.3x | ||
PFHC ProFrac Holding | 0.8x | 37.5% | US$2.8b |
NEX NexTier Oilfield Solutions | 1.3x | 19.3% | US$2.5b |
USAC USA Compression Partners | 2.6x | 11.2% | US$1.7b |
FTI TechnipFMC | 0.5x | 7.1% | US$3.2b |
LBRT Liberty Energy | 0.9x | 7.2% | US$2.5b |
Price-To-Sales vs Peers: LBRT is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (1.3x).
Price to Earnings Ratio vs Industry
How does LBRT's PE Ratio compare vs other companies in the US Energy Services Industry?
Price-To-Sales vs Industry: LBRT is good value based on its Price-To-Sales Ratio (0.9x) compared to the US Energy Services industry average (1.1x)
Price to Sales Ratio vs Fair Ratio
What is LBRT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PS Ratio | 0.9x |
Fair PS Ratio | 0.7x |
Price-To-Sales vs Fair Ratio: LBRT is expensive based on its Price-To-Sales Ratio (0.9x) compared to the estimated Fair Price-To-Sales Ratio (0.7x).
Share Price vs Fair Value
What is the Fair Price of LBRT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: LBRT ($13.38) is trading below our estimate of fair value ($18.97)
Significantly Below Fair Value: LBRT is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LBRT's PEG Ratio to determine if it is good value.
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Future Growth
How is Liberty Energy forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
35.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LBRT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: LBRT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LBRT is expected to become profitable in the next 3 years.
Revenue vs Market: LBRT's revenue (7.2% per year) is forecast to grow slower than the US market (8.3% per year).
High Growth Revenue: LBRT's revenue (7.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LBRT's Return on Equity is forecast to be low in 3 years time (16%).
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Past Performance
How has Liberty Energy performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-58.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LBRT is currently unprofitable.
Growing Profit Margin: LBRT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LBRT is unprofitable, and losses have increased over the past 5 years at a rate of 58.3% per year.
Accelerating Growth: Unable to compare LBRT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LBRT is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-1.8%).
Return on Equity
High ROE: LBRT has a negative Return on Equity (-12.47%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Liberty Energy's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: LBRT's short term assets ($761.6M) exceed its short term liabilities ($623.2M).
Long Term Liabilities: LBRT's short term assets ($761.6M) exceed its long term liabilities ($334.0M).
Debt to Equity History and Analysis
Debt Level: LBRT's net debt to equity ratio (14.5%) is considered satisfactory.
Reducing Debt: LBRT's debt to equity ratio has reduced from 29.6% to 17.2% over the past 5 years.
Debt Coverage: LBRT's debt is well covered by operating cash flow (57.7%).
Interest Coverage: Insufficient data to determine if LBRT's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Dividend
What is Liberty Energy current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LBRT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LBRT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LBRT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LBRT's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: LBRT is not paying a notable dividend for the US market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as LBRT has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
5.5yrs
Average management tenure
CEO
Chris Wright (56 yo)
5.5yrs
Tenure
US$4,611,372
Compensation
Mr. Christopher A. Wright, also known as Chris, is an Independent Director of Accretion Acquisition Corp. since April 2021. He is the founder of Liberty Oilfield Services Inc. and has been its Chief Execu...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD4.61M) is below average for companies of similar size in the US market ($USD6.87M).
Compensation vs Earnings: Chris's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: LBRT's management team is seasoned and experienced (5.5 years average tenure).
Board Members
Experienced Board: LBRT's board of directors are considered experienced (3.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LBRT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.9%.
Top Shareholders
Company Information
Liberty Energy Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Liberty Energy Inc.
- Ticker: LBRT
- Exchange: NYSE
- Founded: 2011
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Implied Market Cap: US$2.504b
- Market Cap: US$2.500b
- Shares outstanding: 187.18m
- Website: https://www.libertyfrac.com
Number of Employees
Location
- Liberty Energy Inc.
- 950 17th Street
- Suite 2400
- Denver
- Colorado
- 80202
- United States
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/28 00:00 |
End of Day Share Price | 2022/06/28 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.