
Overview
Energy services firm's Q4 revenue rose 10% yr/yr, beating analyst expectations
Adjusted EPS for Q4 beat analyst expectations
Company raised quarterly cash dividend by 13% to $0.09 per share
Outlook
Liberty plans to deploy 3 GW of power projects by 2029
Liberty sees significant demand for digiTechnologies platform at improved economics
Result Drivers
TECHNOLOGICAL INNOVATION - Liberty attributed strong Q4 results to technological innovation and operational execution, including AI-driven asset optimization
SIMULFRAC EXPANSION - Expanded simulfrac offering with strategic customers contributed to efficiencies and strengthened customer relationships
POWER DEVELOPMENT AGREEMENTS - Announced significant power development agreements, including a 1 GW project with Vantage Data Centers and a 330 MW project in Texas
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $1.04 bln | $882.53 mln (9 Analysts) |
Q4 Adjusted EPS | Beat | $0.05 | -$0.15 (7 Analysts) |
Q4 Net Income |
| $13.69 mln |
|
Q4 Adjusted EBITDA | Beat | $157.52 mln | $105.41 mln (10 Analysts) |
Q4 Capex |
| $202.84 mln |
|
Q4 Operating Income |
| $19.88 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the oil related services and equipment peer group is "buy"
Wall Street's median 12-month price target for Liberty Energy Inc is $21.00, about 3.7% below its January 28 closing price of $21.80
Press Release: ID:nBw64fLsfa
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