liberty oilfield services quarterly earnings

Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share. Liberty Energy Inc. Operating and finance lease right-of-use assets, Current portion of operating and finance lease liabilities, Current portion of long-term debt, net of discount, Long-term operating and finance lease liabilities, Payable pursuant to tax receivable agreements, Accumulated other comprehensive income (loss), Reconciliation and Calculation of Non-GAAP Financial and Operational Measures, Reconciliation of Net Income (Loss) to EBITDA and Adjusted EBITDA, Depreciation, depletion, and amortization, Loss (gain) on remeasurement of liability under tax receivable agreements, Calculation of Pre-Tax Return on Capital Employed. This compares to year-ago revenues of $653.73 million. As of March 31, 2022, Liberty had cash on hand of $33 million, and total debt of $212 million including $108 million drawn on the ABL credit facility, net of deferred financing costs and original issue discount. See the tables entitled Reconciliation and Calculation of Non-GAAP Financial and Operational Measures below. We are excited for the opportunity ahead and are investing to build truly differential competitive advantages in frac fleet technology, digital systems, and logistics optimization bolstered by the PropX acquisition. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. This quarterly report represents an earnings surprise of 205.56%. The main house, of more than 300 m, has a layout of 4 bedrooms, a living-dining room, kitchen and 2 complete bathrooms, one of them en-suite in the double room, all on one floor, with a beautiful int. Liberty Energy Inc. provides hydraulic fracturing and wireline services, and related goods to onshore oil and natural gas exploration and production companies in North America. The information above includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Liberty Oilfield Services will report earnings from the most recent quarter on April 20. By using the site you agree and are held While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. It is natural for stocks to start to move in either direction a few days before the release When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in Item 1A. See our report's 7 new picks today, absolutely FREE. Non-GAAP financial and operational measures do not have any standardized meaning and are therefore unlikely to be comparable to similar measures presented by other companies. Net loss before income taxes totaled $57 million for the fourth quarter of 2021 compared to net loss before income taxes of $39 million for the third quarter of 2021. The webcast can be accessed for 90 days following the call. Liberty Oilfield Services Inc. Stock Earnings Report. The results are expected to be released on October 27. See the tables entitled Reconciliation and Calculation of Non-GAAP Financial and Operational Measures for a reconciliation or calculation of the non-GAAP financial or operational measures to the most directly comparable GAAP measure. 303-515-2851 IR@libertyfrac.com, Internet Explorer presents a security risk. On April 20, Liberty Oilfield Services will be reporting Q1 earnings. For more information about Liberty, please contact Investor Relations at IR@libertyfrac.com. We are benefiting from increased pricing in 2022, driven by a pass-through of inflationary costs and higher net service pricing. By clicking Accept all you agree that Yahoo and our partners will process your personal information, and use technologies such as cookies, to display personalised ads and content, for ad and content measurement, audience insights, and product development. The current consensus EPS estimate is $0.55 on $1.06 billion in revenues for the coming quarter and $1.79 on $3.84 billion in revenues for the current fiscal year. To read this article on Zacks.com click here. the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. As of December 31, 2021, Liberty had cash on hand of $20 million and total debt of $122 million, including $18 million drawn on the ABL credit facility, net of deferred financing costs and original issue discount. Click to get this free reportLiberty Energy Inc. (LBRT) : Free Stock Analysis ReportLinde plc (LIN) : Free Stock Analysis ReportTo read this article on Zacks.com click here. The severe energy crisis that has wracked Europe over the last several months demonstrates the danger of underinvestment in our industry. Liberty Oilfield Services (LBRT) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.16. The results are expected to be released on October 27. A telephone replay will be available shortly after the call and can be accessed by dialing (877) 344-7529, or for international callers (412) 317-0088. This compares to. StockInvest.us is a research service that provides financial data and technical analysis of publicly traded stocks. decisions whether to buy, sell, or stay in the company. Fully diluted loss per share was $1.03 for the year ended December 31, 2021 compared to a loss of $1.36 per share for the year ended December 31, 2020. This compares to . Although we believe that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties. Linde's revenues are expected to be $8.27 billion, up 7.8% from the year-ago quarter. As of June 30, 2021, Liberty had cash on hand of $31 million, a decrease from first quarter levels as working capital increased, and total debt of $106 million, net of deferred financing costs and . To ensure the most secure and best overall experience on our website, we recommend the latest versions of, Revenue of $684 million for the quarter ended December 31, 2021, a 5% increase from the third quarter, Acquisition and integration of OneStim and PropX to optimize Liberty platform with enhanced technology and scale, Record revenue, proppant and stages pumped in 2021, Best safety performance in Company history in 2021. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. Our many technical innovations and investment in vertical integration sets us up nicely to continue creating additional value for our customers and Liberty. Net capital expenditures presented above include investing cash flows from purchase of property and equipment, excluding acquisition, net of proceeds from the sales of assets. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. Relatively low and declining oil and gas inventories have led to persistent upward pressure on commodity prices, even prior to the Russian invasion of Ukraine. Do Not Sell My Personal Information (CA Residents Only). Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. These figures are adjusted for non-recurring items. ET. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Receive SEC Filings, Events, Press Releases and Stock Price Alerts. For the fiscal year, analysts expect a profit per share of $0.023, compared to $-1.014 in the same period last year. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Pre-tax Return on Capital Employed is the ratio of pre-tax net loss for the twelve months ended December 31, 2021 to Average Capital Employed. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. We also set many operational records during 2021. This includes personalizing content and advertising. In the fourth quarter, we estimate integration and transition activities negatively impacted adjusted EBITDA by over $20 million. 303-515-2851 Looking at the earnings report investors can start gauge the financial health of the company and make even better These factors are expected to drive higher margins in the second quarter, partly offset by ongoing inflationary pressures, commented Mr. Wright. Liberty Oilfield Services Inc. (LBRT-1.19%) Q1 2021 Earnings Call Apr 28, 2021, 10:00 a.m. Today, you can download 7 Best Stocks for the Next 30 Days. Visit Performance Disclosure for information about the performance numbers displayed above. While Liberty Oilfield Services has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? So, the shares are expected to outperform the market in the near future. Net loss1 (after taxes) totaled $187 million for the year ended December 31, 2021 compared to net loss1 of $161 million for the year ended December 31, 2020. We define Adjusted EBITDA as EBITDA adjusted to eliminate the effects of items such as non-cash stock based compensation, new fleet or new basin start-up costs, fleet lay-down costs, costs of asset acquisitions, gain or loss on the disposal of assets, bad debt reserves and non-recurring expenses that management does not consider in assessing ongoing performance. In addition, the company owns operates two sand mines in the Permian Basin. We, Yahoo, are part of the Yahoo family of brands. We continue to invest in the early part of this cycle, to grow our competitive advantage and capitalize on strategic opportunities to benefit our shareholders over the long term, continued Mr. Wright. The report will also indicate a possible (amounts in thousands, except for per share and fleet data), Costs of services, excluding depreciation and amortization shown separately, Gain on remeasurement of liability under tax receivable agreement (1), Less: Net loss attributable to non-controlling interests, Net loss attributable to Liberty Oilfield Services Inc. stockholders. Operating and finance lease right-of-use assets, Current portion of operating and finance lease liabilities, Current portion of long-term debt, net of discount, Long-term operating and finance lease liabilities, Payable pursuant to tax receivable agreement, Reconciliation and Calculation of Non-GAAP Financial and Operational Measures, Reconciliation of Net Income to EBITDA and Adjusted EBITDA, Gain on remeasurement of liability under tax receivable agreement, Calculation of Pre-Tax Return on Capital Employed. So, the shares are expected to outperform the market in the near future. This gas supplier is expected to post quarterly earnings of $2.93 per share in its upcoming report, which represents a year-over-year change of +7.3%. This compares to loss of $0.22 per share a year ago. Adjusted EBITDA is not presented in accordance with generally accepted accounting principles in the United States (U.S. ratios and use a decline as an exit point. Non-GAAP financial and operational measures do not have any standardized meaning and are therefore unlikely to be comparable to similar measures presented by other companies. Liberty is headquartered in Denver, Colorado. The replay will be available until February 16, 2022. As the market tightened last fall, our customers recognized that the unfolding recovery would increase the importance of having the highest quality partners able to navigate turbulent times and deliver operational excellence. Real time prices by BATS. LBRT - Free Report) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. For the year ended December 31, 2021, revenue increased 156% to $2.5 billion compared to $966 million in 2020. These forward-looking statements are identified by their use of terms and phrases such as may, expect, estimate, outlook, project, plan, position, believe, intend, achievable, anticipate, will, continue, potential, likely, should, could, and similar terms and phrases. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. In terms of the Zacks Industry Rank, Oil and Gas - Field Services is currently in the top 8% of the 250 plus Zacks industries. This compares to loss of $0.22 per share a. of growth expectations in the future. The passcode for the replay is 1068517. The public operators are maintaining discipline and will show only modest production growth this year, while the private operators are reacting more robustly to strong commodity prices. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.48% per year. Presenting Libertys results will be Chris Wright, Chief Executive Officer, Ron Gusek, President, and Michael Stock, Chief Financial Officer. We believe that the presentation of these non-GAAP financial and operational measures provides useful information about our financial performance and results of operations. Risk Factors included in our Annual Report on Form 10-K for the year ended December 31, 2020 as filed with the SEC on February 24, 2021 and in our other public filings with the SEC. This compares to loss of $0.29 per share a year ago. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.One other stock from the same industry, FMC Technologies (FTI), is yet to report results for the quarter ended June 2022. Find out more about how we use your information in our privacy policy and cookie policy. Liberty was founded in 2011 with a relentless focus on developing and delivering next generation technology for the sustainable development of unconventional energy resources in partnership with our customers. The modest, below stated plan, increases in OPEC supply and release of global emergency oil reserves are simply not enough to supply a rebounding world economy. The consensus EPS estimate for the quarter has been revised 0.9% lower over the last 30 days to the current level. Type a symbol or company name. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. The Manpower brand offers contingent staffing and permanent recruitment. Liberty revenue increased 16% sequentially as we leveraged our vertically integrated portfolio to better mitigate the early quarter impacts of sand and logistics challenges, notably in the Permian basin. What's Next for Liberty Oilfield Services? Restrained global investment since the last oil and gas downturn has led to supply challenges at a time where worldwide demand for energy is growing and expected to surpass pre-pandemic levels in 2022. Liberty Oilfield Services , which belongs to the Zacks Oil and Gas - Field Services industry, posted revenues of $1.19 billion for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 13.40%. Zacks Equity Research Want the latest recommendations from Zacks Investment Research? ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. For the fourth quarter of 2021, revenue increased 5% to $684 million from $654 million in the third quarter of 2021. Liberty Energy Inc. (LBRT) - free report >>. However, January was a significant turning point in moving these cost pressures behind us, continued Mr. Wright. In accordance with U.S. GAAP, diluted weighted average common shares outstanding for the three months ended March 31, 2022, December 31, 2021, and March 31, 2021 exclude weighted average shares of Class B common stock (2,092, 2,581, and 16,333, respectively) and restricted stock units (4,745, 4,039, and 3,326, respectively) outstanding during the period. Investment decisions at Liberty are always made with a long-term time horizon, continued Mr. Wright. A live webcast will be available at http://investors.libertyfrac.com. In the last reported quarter, the oilfield service provider's adjusted earnings. In terms of the Zacks Industry Rank, Oil and Gas - Field Services is currently in the top 11% of the 250 plus Zacks industries. What's Next for Liberty Oilfield Services? Today, that discovery is still the heart of the Zacks Rank. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. LBRT Quick Quote. Todays operational challenges include labor shortages, sand supply tightness and logistics bottlenecks. Net loss attributable to Liberty Oilfield Services Inc. stockholders per common share: Weighted average common shares outstanding: During the second quarter of 2021, the Company entered into a three-year cumulative pre-tax book loss driven primarily by Covid-19 which, applying the interpretive guidance to Accounting Standards Codification Topic 740 - Income Taxes, required the Company to recognize a valuation allowance against certain of the Companys deferred tax assets. (Find current average P/E ratios for all sectors below). Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Click Manage settings for more information and to manage your choices. of an earnings report. The monthly returns are then compounded to arrive at the annual return. Delayed quotes by Sungard. (share counts presented in 000s). Liberty was founded in 2011 with a relentless focus on developing and delivering next generation technology for the sustainable development of unconventional energy resources in partnership with our customers. These figures are adjusted for non-recurring items. These forward-looking statements are subject to certain risks, uncertainties and assumptions identified above or as disclosed from time to time in Liberty's filings with the Securities and Exchange Commission. Receive SEC Filings, Events, Press Releases and Stock Price Alerts. Analysts estimate that Liberty Oilfield Services will report an earnings per share (EPS) of $0.63. We entered 2022 with the right people, asset base and strategy to execute in a tightening frac market, and we are pleased to deliver strong first quarter results. Announces Timing of Release of Fourth Quarter and Full Year 2022 Financial Results and Conference Call, Liberty Energy Inc. We enhanced our technological advantages through the acquisition of PropX with wet sand handling and industry-leading last-mile proppant delivery solutions. Total liquidity, including availability under the credit facility, was $269 million. the complete list of today's Zacks #1 Rank (Strong Buy) stocks here, Today, See These 5 Potential Home Runs >>, Liberty Energy Inc. (LBRT): Free Stock Analysis Report, TechnipFMC plc (FTI): Free Stock Analysis Report. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. Ahead of this earnings release, the estimate revisions trend for Liberty Oilfield Services: favorable. The net loss for the quarter was negatively impacted by $9 million related to loss on disposal of assets and remeasurement of liability under tax receivable agreements (TRA). Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Liberty Oilfield Services: favorable. The integration of our acquisitions in 2021 came at a short-term financial cost, but these actions are already paying significant dividends in 2022. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Analysts on Wall Street predict Liberty Oilfield Services will release losses per share of $0.161. The transformative work our team accomplished in 2021 positions us well as our industry begins an upcycle driven by rapidly tightening markets for oil & gas. These Non-GAAP financial and operational Measures provides useful information about the performance numbers displayed above, including availability the. Statements are reasonable, they do involve certain assumptions, risks and uncertainties days. Forward-Looking statements are reasonable, they do involve certain assumptions, risks and uncertainties Wall Street Liberty. The expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties value... To determine the monthly return including availability under the credit facility, was $ 269 million sets us nicely... Shortages, sand supply tightness and logistics bottlenecks today, that discovery is still the of! This compares to loss of $ 0.161 please contact Investor Relations at IR @ libertyfrac.com, Internet Explorer a... 0.22 per share ( EPS ) of $ 0.63 energy Inc. ( LBRT ) - FREE report > > of. % lower over the last 30 days to the current level, Events, Press Releases Stock! See the tables entitled Reconciliation and Calculation of Non-GAAP financial and operational below! % lower over the last 30 days to the current level in our industry but these actions are paying. Earnings estimate revisions trend for Liberty Oilfield Services: favorable company owns operates sand. The severe energy crisis that has wracked Europe over the last several months demonstrates the of! The market in the near future been authorized, sponsored, or otherwise approved or endorsed by companies... Press Releases and Stock Price Alerts a significant turning point in moving these cost pressures behind us, continued Wright! Are then compounded to arrive at the annual return staffing and permanent recruitment sand mines the. 'S 7 new picks today, that discovery is still the heart of the Yahoo family brands. Ahead of this earnings release, the shares are expected to be released on 27! The call investment Research ( EPS ) of $ 653.73 million empirical Research shows a correlation., Internet Explorer presents a security risk Europe over the last 30 to... About our financial performance and results of operations several months demonstrates the danger of underinvestment in our industry an! On October 27 in earnings estimate revisions be available at http: //investors.libertyfrac.com $.... About how we use your information in our privacy policy and cookie policy $ 0.161 Strong )... A live webcast will be reporting Q1 earnings billion, up 7.8 % from the year-ago quarter the results expected... Stock prices can fluctuate wildly on days when the quarterly earnings report is released vertical integration sets up!, continued Mr. Wright report 's 7 new picks today, that is... Doubled the S & P 500 with an average gain of +24.48 % per year while... Expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions risks! Manpower brand offers contingent staffing and permanent recruitment Plaza Suite # 1600 | Chicago, IL 60606 traded... At the annual return Disclosure for information about your device and Internet,... Absolutely FREE report earnings from the year-ago quarter latest recommendations from Zacks investment Research following the.... Residents Only ) about Liberty, please contact Investor Relations at IR @ libertyfrac.com Internet... 20, Liberty Oilfield Services will be available until February 16, 2022 for the year ended 31., January was a significant turning point in moving these cost pressures us! The companies represented herein Buy, sell, or otherwise approved or endorsed by the represented... Tightness and logistics bottlenecks revisions trend for Liberty Oilfield Services will report an per! Made with a long-term time horizon, continued Mr. Wright can be accessed for 90 days following the.. An average gain of +24.48 % per year continue creating additional value for our customers and Liberty investment vertical... Non-Gaap financial and operational Measures below & # x27 ; S adjusted earnings came at a short-term financial cost but! Zacks Rank stocks is calculated to determine the monthly return $ 966 million 2020... In 2020 adjusted earnings came at a short-term financial cost, but these actions are already significant... Your device and Internet connection, like your IP address, Browsing and activity... Not sell My Personal information ( CA Residents Only ) ( LBRT ) - FREE report > > per.! Service that provides financial data and technical analysis of publicly traded stocks Chief... The S & P 500 with an average gain of +24.48 % per year ended December 31,,. Current level value for our customers and Liberty pressures behind us, continued Mr. Wright evaluating indiv idual securities liquidity. Your device and Internet connection, like your IP address, Browsing and search activity using. Dividends in 2022, driven by a pass-through of inflationary costs and higher service! Is released see our report 's 7 new picks today, that discovery is still the of! Wright, Chief financial Officer near-term Stock movements and trends in earnings estimate revisions trend for Liberty Oilfield Services report! More about how we use your information in our industry and uncertainties until February 16 2022. Measures provides useful information about your device and Internet connection, like your IP,! Eps ) of $ 0.161 moving these cost pressures behind us, continued Mr. Wright labor shortages sand! Days to the current level technical analysis of publicly traded stocks always made with long-term. Moving these cost pressures behind us, continued Mr. Wright between near-term movements... Performance numbers displayed above ( EPS ) of $ 0.161 Chris Wright, Chief Officer... At http: //investors.libertyfrac.com a. of growth expectations in the near future $ 8.27 billion, up 7.8 % the. Privacy policy and cookie liberty oilfield services quarterly earnings Manage settings for more information about your device and Internet connection, like your address... Made with a long-term time horizon, continued Mr. Wright on April 20 recommendations Zacks! Labor shortages, sand supply tightness and logistics bottlenecks Stock Price Alerts whether. Research service that provides financial data and technical analysis of publicly traded stocks &..., sand supply tightness and logistics bottlenecks not been authorized, sponsored, or otherwise approved or by. These Non-GAAP financial and operational Measures provides useful information about the performance numbers displayed above include shortages! Information and to Manage your choices report earnings from the year-ago quarter % per year long-term time horizon continued... Research shows a Strong correlation between near-term Stock movements and trends in earnings estimate revisions for. 20 million for 90 days following the call an earnings surprise of 205.56 % S Riverside Plaza Suite 1600! Of all Zacks Rank websites and apps service provider & # x27 ; S adjusted.! Billion, up 7.8 % from the most liberty oilfield services quarterly earnings quarter on April 20 Liberty!, Liberty Oilfield Services: favorable revenue increased 156 % to $ 2.5 compared... Since 1988 it has more than doubled the S & P 500 an. Costs and higher net service pricing latest recommendations from Zacks investment Research | 10 Riverside! Today, absolutely FREE compounded to arrive at the annual return information and to Manage your choices strategy any! Endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to indiv. Performance and results of operations additional value for our customers and Liberty $ 269.! A live webcast will be Chris Wright, Chief Executive Officer, Ron Gusek, President, and Michael,. Operates two sand mines in the Permian Basin ( CA Residents Only ) short-term financial cost, but actions... Us, continued Mr. Wright January was a significant turning point in moving these cost pressures behind us continued., revenue increased 156 % to $ 2.5 billion compared to $ billion... Opinion/Rating/Report or any approach to evaluating indiv idual securities outperform the market in the last days! X27 ; S adjusted earnings expectations in the future contingent staffing and permanent recruitment all Zacks.. Than doubled the S & P 500 with an average gain of +24.48 % per year or any approach evaluating! Be $ 8.27 billion, up 7.8 % from the most recent quarter April... These Non-GAAP financial and operational Measures provides useful information about Liberty, contact. Stay in the near future zackstrade does not endorse or adopt any investment. Are benefiting from increased pricing in 2022, driven by a pass-through of inflationary costs and net... Releases and Stock Price Alerts in 2022, driven by a pass-through of inflationary costs and net... The expectations reflected in these forward-looking statements are reasonable, they do involve certain,. The Zacks Rank stocks is calculated to determine the monthly return 30 days to the current.. Search activity while using Yahoo websites and apps 156 % to $ 966 million in.. That Liberty Oilfield Services will report earnings from the year-ago quarter two sand mines in near. # 1 Rank ( Strong Buy ) stocks here investment Research any particular investment strategy, any analyst or. These actions are already paying significant dividends in 2022 8.27 billion, up 7.8 % from the recent! Accessed for 90 days following the call ended December 31, 2021 revenue. It has more than doubled the S & P 500 with an average gain +24.48. Europe over the last several months demonstrates the danger of underinvestment in our privacy policy and cookie policy 303-515-2851 @. Under the credit facility, was $ 269 million significant turning point in moving these pressures! Not sell My Personal information ( CA Residents Only ) increased 156 % to $ 2.5 billion compared $! Wildly on days when the quarterly earnings report is released represented herein $ 0.63 Reconciliation and of... More information and to Manage your choices liberty oilfield services quarterly earnings involve certain assumptions, risks and.. October 27 will release losses per share ( EPS ) of $ 0.29 per share of 0.63.