Liberty Energy Inc. (NYSE:LBRT – Get Free Report) fell 12.8% during trading on Thursday . The company traded as low as $23.09 and last traded at $21.9160. 2,608,390 shares traded hands during mid-day trading, a decline of 37% from the average daily volume of 4,127,262 shares. The stock had previously closed at $25.14.
Trending Headlines about Liberty Energy
Here are the key news stories impacting Liberty Energy this week:
- Positive Sentiment: Liberty Energy reported second-quarter results that beat expectations, with EPS of $0.09 versus the Zacks consensus of $0.07-$0.08 and revenue of about $1.19 billion, topping estimates of $1.09 billion. Revenue also rose 14% year over year, suggesting the core business is still growing. Liberty Energy Announces Second Quarter 2026 Financial and Operational Results
- Positive Sentiment: The company also announced a strategic joint venture with PowerBridge to support powered data center campus development, which could open a new growth avenue tied to demand for energy infrastructure and power solutions. Liberty Energy and PowerBridge Form Strategic Joint Venture to Support Powered Data Center Campus Development
- Neutral Sentiment: The stock saw unusually high options trading, indicating elevated investor attention and expectations for a larger move after the earnings and JV announcements. Liberty Energy Target of Unusually High Options Trading (NYSE:LBRT)
- Negative Sentiment: Zacks Research downgraded Liberty Energy from strong-buy to hold, which may have added caution and tempered enthusiasm despite the earnings beat. Liberty Energy was downgraded by Zacks Research from strong-buy to hold
Analyst Ratings Changes
Several equities analysts have commented on LBRT shares. UBS Group reissued a “buy” rating on shares of Liberty Energy in a research report on Friday, June 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of Liberty Energy in a research report on Friday, May 1st. Piper Sandler boosted their price target on shares of Liberty Energy from $32.00 to $38.00 and gave the company an “overweight” rating in a research report on Monday, April 27th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $31.00 price objective on shares of Liberty Energy in a report on Wednesday, June 3rd. Finally, Morgan Stanley set a $35.00 price objective on shares of Liberty Energy in a research note on Wednesday, July 15th. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Liberty Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.09.
Liberty Energy Stock Performance
The company has a 50-day moving average price of $27.78 and a two-hundred day moving average price of $27.21. The stock has a market capitalization of $3.41 billion, a P/E ratio of 23.00, a PEG ratio of 2.03 and a beta of 0.54. The company has a quick ratio of 1.97, a current ratio of 2.21 and a debt-to-equity ratio of 0.75.
Liberty Energy (NYSE:LBRT – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.01. The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.09 billion. Liberty Energy had a net margin of 3.71% and a return on equity of 1.41%. Liberty Energy’s revenue was up 14.0% compared to the same quarter last year. During the same period last year, the business earned $0.12 earnings per share. Equities analysts expect that Liberty Energy Inc. will post 0.28 earnings per share for the current year.
Liberty Energy Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, September 4th will be paid a $0.09 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.36 annualized dividend and a yield of 1.7%. Liberty Energy’s dividend payout ratio is currently 39.56%.
Insider Buying and Selling at Liberty Energy
In other news, Chairman William F. Kimble sold 7,350 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $33.92, for a total transaction of $249,312.00. Following the completion of the transaction, the chairman directly owned 89,805 shares in the company, valued at $3,046,185.60. The trade was a 7.57% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Michael Stock sold 19,998 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $33.48, for a total transaction of $669,533.04. Following the completion of the transaction, the chief financial officer directly owned 800,375 shares in the company, valued at approximately $26,796,555. The trade was a 2.44% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 54,012 shares of company stock valued at $1,673,803. Insiders own 2.00% of the company’s stock.
Hedge Funds Weigh In On Liberty Energy
Institutional investors have recently added to or reduced their stakes in the business. Root Financial Partners LLC boosted its position in shares of Liberty Energy by 79.6% during the 1st quarter. Root Financial Partners LLC now owns 914 shares of the company’s stock valued at $26,000 after acquiring an additional 405 shares during the last quarter. Valued Wealth Advisors LLC bought a new position in shares of Liberty Energy in the first quarter worth approximately $26,000. Summit Securities Group LLC purchased a new stake in Liberty Energy in the first quarter valued at approximately $28,000. Los Angeles Capital Management LLC bought a new stake in Liberty Energy during the fourth quarter valued at approximately $29,000. Finally, Kelleher Financial Advisors bought a new position in shares of Liberty Energy in the 3rd quarter worth $29,000. 98.22% of the stock is currently owned by institutional investors.
About Liberty Energy
Liberty Energy Inc provides hydraulic services and related technologies to onshore oil and natural gas exploration, and production companies in North America. The company offers hydraulic fracturing services, including complementary services, such as wireline services, proppant delivery solutions, field gas processing and treating, compressed natural gas (CNG) delivery, data analytics, related goods comprising sand mine operations, and technologies; and well site fueling and logistics. As of as of December 31, 2023, the company owned and operated a fleet of approximately 40 active hydraulic fracturing; and two sand mines in the Permian Basin.
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