Liberty Oilfield Services (LBRT) Tops Q2 EPS by 38c

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Liberty Energy Inc. Announces Second Quarter 2022 Financial and Operational Results

July 25, 2022 5:27 PM EDT

DENVERDENVER--(BUSINESS WIRE)-- Liberty Energy Inc., formerly known as Liberty Oilfield Services Inc., (NYSE: LBRT; Liberty or the Company) announced today second quarter 2022 financial and operational results.

Summary Results and Highlights

Revenue of $943 million, increased 19% sequentially and 62% year-over-year Net income1 was $105 million, or $0.55 fully diluted earnings per share Adjusted EBITDA2 of $196 million Reinstated return of capital program with share repurchase authorization of up to $250 million Growing strategic partnerships with key customers to maximize our long-term... More