earnings
confidence high
sentiment positive
materiality 0.80
Liberty Energy Q1 revenue $1.3B, +59% YoY; Adj EBITDA $330M, EPS $0.90
Liberty Energy Inc.
2023-Q1 EPS reported
$0.90
revenue$1,262,077,000
- Net income $163M ($0.90 diluted EPS); adjusted EBITDA $330M (+259% YoY).
- Repurchased 5.17M shares for $75M (2.9% of shares); dividend $0.05 declared.
- Launched Liberty Power Innovations; acquired Siren Energy for Permian expansion.
- Frac markets tight; stable pricing into Q2; liquidity $308M after retiring $105M term loan.
- First digiFleet deployed; achieved 1,291 minutes pumping time in a day.