Liberty Energy Management
Management criteria checks 4/4
Liberty Energy's CEO is Chris Wright, appointed in Jan 2011, has a tenure of 13.25 years. total yearly compensation is $5.63M, comprised of 11.3% salary and 88.7% bonuses, including company stock and options. directly owns 1.72% of the company’s shares, worth $61.69M. The average tenure of the management team and the board of directors is 7.3 years and 5.5 years respectively.
Key information
Chris Wright
Chief executive officer
US$5.6m
Total compensation
| CEO salary percentage | 11.3% |
| CEO tenure | 13.3yrs |
| CEO ownership | 1.7% |
| Management average tenure | 7.3yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
Are Investors Undervaluing Liberty Energy Inc. (NYSE:LBRT) By 29%?
Mar 14
Here's Why Liberty Energy (NYSE:LBRT) Has Caught The Eye Of Investors
Feb 27Liberty Energy: Founder-Led Company At A Compelling Valuation
Feb 12Liberty Energy Inc.'s (NYSE:LBRT) Low P/E No Reason For Excitement
Feb 11These 4 Measures Indicate That Liberty Energy (NYSE:LBRT) Is Using Debt Reasonably Well
Jan 06Liberty Energy: Frac To The Future
Dec 21Liberty Energy's Focus On Efficiency May Carry It Through 2024
Dec 07Calculating The Intrinsic Value Of Liberty Energy Inc. (NYSE:LBRT)
Dec 06Liberty Energy's (NYSE:LBRT) Upcoming Dividend Will Be Larger Than Last Year's
Nov 21Here's Why We Think Liberty Energy (NYSE:LBRT) Is Well Worth Watching
Nov 11Liberty Energy (NYSE:LBRT) Will Pay A Larger Dividend Than Last Year At $0.07
Oct 21These 4 Measures Indicate That Liberty Energy (NYSE:LBRT) Is Using Debt Reasonably Well
Oct 01Liberty Energy: Don't Let The Stellar Revenue Growth Mislead You
Sep 28Is There An Opportunity With Liberty Energy Inc.'s (NYSE:LBRT) 28% Undervaluation?
Aug 16Here's Why We Think Liberty Energy (NYSE:LBRT) Might Deserve Your Attention Today
Jul 26Liberty Energy: Tech For Tomorrow's Oilfield
Jul 13Here's Why Liberty Energy (NYSE:LBRT) Can Manage Its Debt Responsibly
Jul 03Is Liberty Energy Inc. (NYSE:LBRT) Trading At A 41% Discount?
Apr 13Does Liberty Energy (NYSE:LBRT) Have A Healthy Balance Sheet?
Mar 15Liberty Energy's Competitive Advantages Position It For Strong Growth In 2023 And Beyond
Feb 20Liberty Energy's (NYSE:LBRT) Solid Profits Have Weak Fundamentals
Feb 17Liberty Oilfield Services declares $0.05 dividend
Jan 24Liberty Energy Inc. (NYSE:LBRT) Shares Could Be 28% Below Their Intrinsic Value Estimate
Dec 27Liberty Oilfield Services declares $0.05 dividend
Oct 18Liberty Energy Is Working To Complete Turnaround Strategy
Sep 21Liberty Energy invests in sodium-ion battery manufacturer Natron
Sep 06Liberty Energy Inc. (NYSE:LBRT) Shares Could Be 32% Above Their Intrinsic Value Estimate
Sep 01Here's Why Liberty Energy (NYSE:LBRT) Has A Meaningful Debt Burden
Jul 27Liberty Energy: 'Dude, Where's My Power?'
Jun 15Estimating The Intrinsic Value Of Liberty Energy Inc. (NYSE:LBRT)
Jun 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$6m | US$638k | US$556m |
| Sep 30 2023 | n/a | n/a | US$617m |
| Jun 30 2023 | n/a | n/a | US$615m |
| Mar 31 2023 | n/a | n/a | US$568m |
| Dec 31 2022 | US$6m | US$612k | US$400m |
| Sep 30 2022 | n/a | n/a | US$191m |
| Jun 30 2022 | n/a | n/a | US$5m |
| Mar 31 2022 | n/a | n/a | -US$150m |
| Dec 31 2021 | US$5m | US$612k | -US$179m |
| Sep 30 2021 | n/a | n/a | -US$161m |
| Jun 30 2021 | n/a | n/a | -US$156m |
| Mar 31 2021 | n/a | n/a | -US$152m |
| Dec 31 2020 | US$3m | US$428k | -US$116m |
| Sep 30 2020 | n/a | n/a | -US$91m |
| Jun 30 2020 | n/a | n/a | -US$45m |
| Mar 31 2020 | n/a | n/a | US$23m |
| Dec 31 2019 | US$5m | US$609k | US$39m |
| Sep 30 2019 | n/a | n/a | US$70m |
| Jun 30 2019 | n/a | n/a | US$93m |
| Mar 31 2019 | n/a | n/a | US$121m |
| Dec 31 2018 | US$4m | US$575k | US$126m |
| Sep 30 2018 | n/a | n/a | US$165m |
| Jun 30 2018 | n/a | n/a | US$195m |
| Mar 31 2018 | n/a | n/a | US$184m |
| Dec 31 2017 | US$2m | US$350k | US$169m |
Compensation vs Market: Chris's total compensation ($USD5.63M) is about average for companies of similar size in the US market ($USD6.64M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
CEO
Chris Wright (58 yo)
13.3yrs
Tenure
US$5,628,100
Compensation
Mr. Christopher A. Wright, also known as Chris, is the founder of Liberty Energy Inc. (formerly known as Liberty Oilfield Services Inc.) in 2011 and has been its Chief Executive Officer since December 2016...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 13.3yrs | US$5.63m | 1.72% $ 61.7m | |
| President | 7.3yrs | US$2.97m | 0.70% $ 25.0m | |
| CFO & Treasurer | 7.3yrs | US$2.85m | 0.45% $ 16.0m | |
| Chief Accounting Officer | 7.1yrs | US$1.44m | 0.071% $ 2.5m | |
| Chief Legal Officer & Corporate Secretary | 7.1yrs | US$2.05m | 0.12% $ 4.2m | |
| Founder & VP of Operations | no data | no data | no data | |
| Strategic Finance & Investor Relations Lead | no data | no data | no data | |
| Vice President of Engineering | no data | no data | no data |
7.3yrs
Average Tenure
51yo
Average Age
Experienced Management: LBRT's management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 6.3yrs | US$5.63m | 1.72% $ 61.7m | |
| Independent Director | 6.3yrs | US$264.78k | 0.036% $ 1.3m | |
| Independent Director | 3.3yrs | US$249.78k | 0.015% $ 555.2k | |
| Independent Director | 6.3yrs | US$229.99k | 0.21% $ 7.5m | |
| Independent Director | 6.3yrs | US$249.78k | 0.044% $ 1.6m | |
| Independent Director | 4.8yrs | US$239.99k | 0.034% $ 1.2m | |
| Lead Independent Director | 5.5yrs | US$289.78k | 0.037% $ 1.3m | |
| Director | 2.8yrs | US$249.78k | 0.019% $ 679.9k | |
| Independent Director | 3.3yrs | US$100.00k | no data |
5.5yrs
Average Tenure
63yo
Average Age
Experienced Board: LBRT's board of directors are considered experienced (5.5 years average tenure).