LBRT Stock Overview
Liberty Oilfield Services Inc. provides hydraulic fracturing and wireline services, and related goods to onshore oil and natural gas exploration and production companies in North America.
Liberty Oilfield Services Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$12.56|
|52 Week High||US$17.78|
|52 Week Low||US$8.50|
|1 Month Change||20.19%|
|3 Month Change||-8.72%|
|1 Year Change||7.08%|
|3 Year Change||-17.26%|
|5 Year Change||n/a|
|Change since IPO||-42.25%|
Recent News & Updates
Liberty Oilfield Services Inc. (NYSE:LBRT) Shares Could Be 22% Below Their Intrinsic Value Estimate
In this article we are going to estimate the intrinsic value of Liberty Oilfield Services Inc. ( NYSE:LBRT ) by taking...
Liberty Oilfield Services: Demand For Quality Fracs Will Keep It Agile
Liberty Oilfield Services' PropX acquisition will augment the environmental-friendly last mile proppant delivery solutions. The company has been focusing on providing electric fracking services and recently deployed the digiFrac electric frac pumps. However, supply chain challenges and labor shortage issues will keep pressure on the margin in the near term. Although cash flows are low, the company's debt restructuring and low leverage ensure financial safety.
|LBRT||US Energy Services||US Market|
Return vs Industry: LBRT underperformed the US Energy Services industry which returned 44.7% over the past year.
Return vs Market: LBRT exceeded the US Market which returned 3.3% over the past year.
|LBRT Average Weekly Movement||8.8%|
|Energy Services Industry Average Movement||7.6%|
|Market Average Movement||6.7%|
|10% most volatile stocks in US Market||15.4%|
|10% least volatile stocks in US Market||2.4%|
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
Liberty Oilfield Services Inc. provides hydraulic fracturing and wireline services, and related goods to onshore oil and natural gas exploration and production companies in North America. The company also offers hydraulic fracturing pressure pumping services, including pressure pumping and pumpdown perforating services; and operates two sand mines in the Permian Basin. As of December 31, 2020, it had a total of approximately 30 active frac fleets and 20 active wireline units.
Liberty Oilfield Services Fundamentals Summary
|LBRT fundamental statistics|
Is LBRT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LBRT income statement (TTM)|
|Cost of Revenue||US$1.85b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.89|
|Net Profit Margin||-7.86%|
How did LBRT perform over the long term?See historical performance and comparison
Is Liberty Oilfield Services undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: LBRT ($12.56) is trading above our estimate of fair value ($11.45)
Significantly Below Fair Value: LBRT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LBRT is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.
PE vs Market: LBRT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LBRT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LBRT is overvalued based on its PB Ratio (1.9x) compared to the US Energy Services industry average (1.1x).
How is Liberty Oilfield Services forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
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 (2%).
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's is expected to become profitable in the next 3 years.
Revenue vs Market: LBRT's revenue (14.9% per year) is forecast to grow faster than the US market (9.1% per year).
High Growth Revenue: LBRT's revenue (14.9% 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 (6.9%).
How has Liberty Oilfield Services performed over the past 5 years?
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 36.6% 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 (-2.7%).
Return on Equity
High ROE: LBRT has a negative Return on Equity (-14.99%), as it is currently unprofitable.
How is Liberty Oilfield Services's financial position?
Financial Position Analysis
Short Term Liabilities: LBRT's short term assets ($671.6M) exceed its short term liabilities ($509.1M).
Long Term Liabilities: LBRT's short term assets ($671.6M) exceed its long term liabilities ($265.2M).
Debt to Equity History and Analysis
Debt Level: LBRT's net debt to equity ratio (7.3%) is considered satisfactory.
Reducing Debt: LBRT's debt to equity ratio has reduced from 44.7% to 10.2% over the past 5 years.
Debt Coverage: LBRT's debt is well covered by operating cash flow (78.6%).
Interest Coverage: Insufficient data to determine if LBRT's interest payments on its debt are well covered by EBIT.
What is Liberty Oilfield Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LBRT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LBRT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LBRT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LBRT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: LBRT is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LBRT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Wright (56 yo)
Mr. Christopher A. Wright, also known as Chris, is an Independent Director of Accretion Acquisition Corp. since April 2021. He is the founder of Liberty Oilfield Services Inc. and has been its Chief Execu...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD3.31M) is about average for companies of similar size in the US market ($USD3.75M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
Experienced Management: LBRT's management team is seasoned and experienced (5.1 years average tenure).
Experienced Board: LBRT's board of directors are considered experienced (3.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Liberty Oilfield Services Inc.'s employee growth, exchange listings and data sources
- Name: Liberty Oilfield Services Inc.
- Ticker: LBRT
- Exchange: NYSE
- Founded: 2011
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Implied Market Cap: US$2.263b
- Market Cap: US$2.240b
- Shares outstanding: 180.17m
- Website: https://www.libertyfrac.com
Number of Employees
- Liberty Oilfield Services Inc.
- 950 17th Street
- Suite 2400
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/27 00:10|
|End of Day Share Price||2022/01/26 00:00|
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.