secwatch.observer — SEC 8-K summary
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Issuer:     Liberty Energy Inc. (LBRT)
CIK:        0001694028
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0001694028-21-000038
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Liberty oilfield Q3 revenue $654M, net loss $39M; acquires PropX for ~$90M
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- Revenue $654M (+12% QoQ); net loss $39M ($0.22 diluted EPS loss); Adj. EBITDA $32M.
- Acquired PropX for ~$90M ($13.5M cash + 5.8M shares valued at $76.5M).
- Amended ABL facility to $350M aggregate commitment, maturity extended to Oct 2026.
- Executed multi-year digiFrac electric fleet deployment agreements starting 2022.
- Cites supply chain and logistics headwinds; expects stronger pricing into early 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1694028/000169402821000038/0001694028-21-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1694028/000169402821000038/lbrt-20211026.htm
  HTML page:      https://secwatch.observer/filing/0001694028-21-000038

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