secwatch.observer — SEC 8-K summary
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Issuer:     Liberty Energy Inc. (LBRT)
CIK:        0001694028
Form:       8-K
Filed at:   2024-10-16T23:59:59+00:00
Accession:  0001694028-24-000108
Event type: earnings
Sentiment:  neutral
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Liberty Energy Q3 revenue $1.1B, EPS $0.44; dividend raised 14%; sees Q4 activity decline
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- Revenue $1.1B (2% seq. decrease), net income $74M ($0.44 EPS), Adjusted EBITDA $248M.
- Quarterly cash dividend raised 14% to $0.08/share; payable Dec 20 to holders of record Dec 6.
- Repurchased 1.94M shares for $39M; cumulative 14.3% retired since July 2022 repurchase program.
- Expects low double-digit Q4 activity reduction; 90% of fleets primarily natural gas-powered by early 2025.
- Shipped fleet to Australia for completions; digiPrime fleet set company record for monthly hours pumped.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1694028/000169402824000108/0001694028-24-000108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1694028/000169402824000108/lbrt-20241016.htm
  HTML page:      https://secwatch.observer/filing/0001694028-24-000108

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