secwatch.observer — SEC 8-K summary
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Issuer:     Liberty Energy Inc. (LBRT)
CIK:        0001694028
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0001694028-24-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Liberty Energy Q1 revenue $1.1B flat sequentially; net income $82M, EPS $0.48, Adj. EBITDA $245M down 3% sequentially
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- Revenue $1.1B, down 15% YoY, flat QoQ; net income $82M ($0.48 diluted EPS) vs $163M ($0.90) YoY.
- Adjusted EBITDA $245M, down 26% YoY and 3% sequentially.
- Q2 guidance: low double-digit sequential revenue growth on stable pricing; expects strong free cash flow.
- Repurchased 1.48M shares for $30M at avg $20.36; cumulative 12.5% retired since July 2022.
- Declared $0.07/share dividend, payable June 20 to holders of record June 6.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1694028/000169402824000026/0001694028-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1694028/000169402824000026/lbrt-20240417.htm
  HTML page:      https://secwatch.observer/filing/0001694028-24-000026

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