secwatch.observer — SEC 8-K summary
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Issuer:     Liberty Energy Inc. (LBRT)
CIK:        0001694028
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0001694028-21-000033
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Liberty Oilfield Q2 revenue $581M (+5% seq); net loss $52M ($0.29/sh), adj EBITDA $37M
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- Revenue $581M, up 5% sequentially; net loss $52M ($0.29 diluted loss per share).
- Adjusted EBITDA $37M, up 15% sequentially, despite $8M early restoration of variable compensation.
- Completed field test of digiFrac electric pump; released inaugural ESG report; held investor day.
- Ended Q2 with $31M cash, $106M debt; no borrowings on ABL, liquidity $277M.
- Management sees improving activity, but cites supply chain and staffing challenges as transitory.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1694028/000169402821000033/0001694028-21-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1694028/000169402821000033/lbrt-20210727.htm
  HTML page:      https://secwatch.observer/filing/0001694028-21-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer