Liberty EnergyNYSE: LBRT

LBRT expects the capital expenditure to reach $200 million in the fourth quarter and projects a tax expense rate of 23-24% of pre-tax income for 2024.

Liberty Energy Inc. (NYSE:LBRT ) Q3 2024 Earnings Conference Call October 17, 2024 10:00 AM ET Company Participants Anjali Voria - Director, Investor Relations Chris Wright - Chief Executive Officer Michael Stock - Chief Financial Officer Ron Gusek - President Conference Call Participants Scott Gruber - Citigroup Ati Modak - Goldman Sachs Stephen Gengaro - Stifel Saurabh Pant - BoA Marc Bianchi - TD Cowen Keith Mackey - RBC Capital Markets Jeff LeBlanc - TPH Roger Read - Wells Fargo Waqar Syed - ATB Capital Markets Tom Curran - Seaport Research Partners Eddie Kim - Barclays John Daniel - Daniel Energy Partners Operator Welcome to the Liberty Energy Earnings Conference Call. All participants will be in listen-only mode.

Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.85 per share a year ago.

DENVER--(BUSINESS WIRE)--Liberty Energy Inc. (NYSE: LBRT) (“Liberty” or the “Company”) announced today third quarter 2024 financial and operational results. Summary Results and Highlights Revenue of $1.1 billion, a 2% sequential decrease Net income of $74 million, or $0.44 fully diluted earnings per share (“EPS”) Adjusted EBITDA1 of $248 million Delivered 22% TTM Adjusted Pre-Tax Return on Capital Employed (“ROCE”)2 Distributed $51 million to shareholders through share repurchases and cash divi.

DENVER--(BUSINESS WIRE)--Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today that its Board of Directors (the “Board”) has declared a dividend of $0.08 per share of Class A common stock, to be paid on December 20, 2024, to holders of record as of December 6, 2024. This dividend represents a 14% increase from the prior regular quarterly dividend of $0.07 per share. “Liberty's disciplined investment in innovative businesses and leading edge technologies expands our compet.

LBRT expects lower Q3 revenues due to a weak global macroeconomic environment. However, it anticipates an improvement in its bottom line due to cost reductions.

DENVER--(BUSINESS WIRE)--Liberty Energy Inc. (NYSE: LBRT) announced today that it will release its financial results for the third quarter ending September 30, 2024, after the market closes on Wednesday, October 16, 2024. Following the release, the Company will host a conference call to discuss the results at 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time) on Thursday, October 17, 2024. Presenting the Company's results will be Chris Wright, Chief Executive Officer, Ron Gusek, President, and M.

LBRT's strong YTD gains highlight its efficiency and innovation, but exposure to volatile commodity prices and softening industry conditions may raise caution.

Liberty Oilfield Services (LBRT) reported earnings 30 days ago. What's next for the stock?