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LBRT-News
LBRT-Events
Liberty Energy Declares $0.10 Dividend per Share
Liberty Energy announced that its Board of Directors has declared a dividend of 10c per share of Class A common stock, to be paid on December 18 to holders of record as of December 4.
Liberty Reports Q2 Revenue of $1.2B, Beating Expectations
Reports Q2 revenue $1.2B, consensus $1.09B. "Q2 demonstrated strong operational execution as our team continued to deliver proven quality services amidst commodity price volatility and heightened geopolitical uncertainty. Liberty delivered revenue of $1.2B and Adjusted EBITDA of $151M, leveraging the benefits of our strategic investments and AI-driven technology advancements as the industry modestly strengthened from early year cyclical lows," commented Ron Gusek, Chief Executive Officer. "We believe the opportunities in front of Liberty today are broader and more diverse than at any point in our history. Our completions business continues to benefit from years of disciplined investment in technology, execution, and customer relationships, while our power platform continues to advance through commercial engagement, strategic relationships, and the development of differentiated capabilities across the energy infrastructure value chain," continued Mr. Gusek. "We remain focused on disciplined capital allocation, operational excellence, and investing in opportunities that strengthen our competitive position and create long-term value for our shareholders."
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