Skip to Content

Liberty Energy Inc LBRT Stock Quote

| Rating as of

Morningstar‘s Stock Analysis LBRT

Valuation
Currency in USD
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Tight Frac Equipment Market Will Support Favorable Operating Environment for Liberty Into 2023

Business Strategy and Outlook

| Katherine Olexa |

Liberty Energy has provided hydraulic fracturing services since 2011, expanding from one active fleet to nearly 40 over the past decade. Most of its management team has been involved in technological innovation for fracking since the 1990s. Current tech solutions include statistical analysis to optimize frac design and dual-fuel fleets. The 2020 acquisition of OneStim from Schlumberger, previously the leader in North American pressure pumping, doubled Liberty's capacity while adding a slew of previously unpenetrated customers and shale basins.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics LBRT

Company Profile LBRT

Business Description

Liberty Energy is an oilfield services company that provides hydraulic fracturing services—mainly pressure pumping—to onshore E&P firms' major basins throughout North America. Its 2020 acquisition of Schlumberger’s OneStim business segment made Liberty one of the largest pressure pumpers in North America. It also added wireline operations, two Permian frac sand mines, and an expanded technological portfolio.

Contact
950 17th Street, Suite 2400, Floor 24
Denver, CO, 80202
T +1 303 515-2800
Sector Energy
Industry Oil & Gas Equipment & Services
Most Recent Earnings Jun 30, 2022
Fiscal Year End Dec 31, 2022
Employees 3,601