secwatch.observer — SEC 8-K summary
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Issuer:     Liberty Energy Inc. (LBRT)
CIK:        0001694028
Form:       8-K
Filed at:   2022-10-19T23:59:59+00:00
Accession:  0001694028-22-000043
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Liberty Energy Q3 revenue $1.2B, net income $147M; reinstates dividend, $70M buyback
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- Revenue of $1.2B increased 26% sequentially and 82% YoY; net income was $147M ($0.78 diluted EPS).
- Adjusted EBITDA of $277M, up 41% from Q2 2022 and 765% from Q3 2021.
- Reinstated quarterly cash dividend of $0.05 per share, payable Dec 20, 2022 to holders of record Dec 6.
- Repurchased 4.7M shares for $70M (avg $14.89), 2.5% of outstanding; $180M remaining under buyback.
- Invested in Natron Energy for sodium-ion batteries to support digiFrac fleets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1694028/000169402822000043/0001694028-22-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1694028/000169402822000043/lbrt-20221019.htm
  HTML page:      https://secwatch.observer/filing/0001694028-22-000043

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