secwatch.observer — SEC 8-K summary
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Issuer:     Liberty Energy Inc. (LBRT)
CIK:        0001694028
Form:       8-K
Filed at:   2022-07-26T23:59:59+00:00
Accession:  0001694028-22-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Liberty Energy Q2 2022 revenue $943M, net income $105M, authorizes $250M buyback
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- Revenue of $943M, up 19% sequentially and 62% year-over-year; net income of $105M ($0.55 diluted EPS).
- Adjusted EBITDA of $196M, up 114% from Q1 2022 and 436% from Q2 2021.
- Board authorized $250M share repurchase program through July 31, 2024, starting Q3 2022.
- Invested $10M in Fervo Energy to support next-generation geothermal technology.
- Plans to deploy two additional digiFrac electric fleets in early 2023 under multi-year customer agreements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1694028/000169402822000028/0001694028-22-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1694028/000169402822000028/lbrt-20220725.htm
  HTML page:      https://secwatch.observer/filing/0001694028-22-000028

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