Ludoteca Mundo Magico, Eciglogstica, Ainia, Somnis, una fbrica de sueos, Restaurante Montecaada, CEEI Valencia, Centro Europeo de Empresas Innovadoras de 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. The North American economy is proving more resilient to todays global challenges in significant part due to a secure supply of natural gas. Over the last four quarters, the company has surpassed consensus EPS estimates three times. This quarterly report represents an earnings surprise of 23.81%. The frac services market is seeing robust activity improvement and a tightening of the supply-demand balance. Drilled but uncompleted well inventory has stabilized after a steep, continuous decline from pandemic-elevated levels. These symbols will be available throughout the site during your session. North America is well positioned to be the largest provider of additional oil and gas supply that powers the global economy and enables the modern world. 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%. 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. 4 Baths. StockInvest.us is a research service that provides financial data and technical analysis of publicly traded stocks. These factors are expected to drive higher margins in the second quarter, partly offset by ongoing inflationary pressures, commented Mr. Wright. 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. This story was written by Markets Insider's RoboEddy, which automatically writes these stories based on data provided by our partners. NASDAQ data is at least 15 minutes delayed. Liberty Oilfield Services (LBRT) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.18 per share. Liberty customers are seeing differential execution in this difficult environment, in part due to vertical integration from our OneStim and PropX acquisitions. Liberty Oilfield Services shares have added about 24.2% since the beginning of the year versus the S&P 500's decline of -16.9%. 5,587 sqft. Liberty Oilfield Services Inc. (NYSE: LBRT; Liberty or the Company) announced today first quarter 2022 financial and operational results. Liberty Oilfield Services Inc. (LBRT-1.19%) Q1 2021 Earnings Call Apr 28, 2021, 10:00 a.m. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. However, the prize was large and our team worked in overdrive to bring nearly 2,000 new team members into Liberty while continuing to deliver superior service performance to all of our customers, both legacy and new. at 25 times today's earnings. You can change your choices at any time by visiting your privacy controls. This compares to loss of $0.22 per share a year ago. We expect that our investments today will lead to strong returns in the coming years, continued Mr. Wright. 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. Baker Hughes Company BKR is set to report fourth-quarter 2022 results on Jan 23, before the opening bell. GAAP). Please read the full disclaimer here. As of March 31, 2021, Liberty had cash on hand of $70 million, approximately flat from fourth quarter levels, and total debt of $106 million, net of deferred financing costs and original issue . This compares to loss of $0.22 per share a. 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. Type a symbol or company name. The results are expected to be released on July 27. The presentation of non-GAAP financial and operational measures is not intended to be a substitute for, and should not be considered in isolation from, the financial measures reported in accordance with U.S. GAAP. Revenues. 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.Ahead of this earnings release, the estimate revisions trend for Liberty Oilfield Services: favorable. Summary Results and Highlights. We, Yahoo, are part of the Yahoo family of brands. dividend. This compares to year-ago revenues of $653.73 million. Individuals wishing to participate in the conference call should dial (833) 255-2827, or for international callers (412) 902-6704. 2021 was a record year for Liberty work performed whether measured by revenues, frac stages or pounds of sand pumped. This compares to loss of $0.29 per share a. financial data for more than 25 000 publicly traded companies based on our calculated Systematic retrieval of data or other content from StockInvest.us, whether to create or compile, post to other websites, directly or indirectly, as text, video or audio, a collection, compilation, database or directory, is prohibited absent our express prior written consent. Plus500. Adjusted EBITDA is not presented in accordance with generally accepted accounting principles in the United States (U.S. 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. Although we believe that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties. This provider of hydraulic fracturing services is expected to post quarterly earnings of $0.71 per share in its upcoming report, which represents a year-over-year change of +336.7%. Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. technical signals. We also expect margin growth as our new strategic efforts begin to pay dividends in lowering our cost of operations and increasing efficiency, commented Mr. Wright. In keeping with our companys expanded scope, we are updating our name to Liberty Energy. 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 company offers its services primarily in the Permian Basin, the Eagle Ford Shale, the Denver-Julesburg Basin, the Williston Basin, and the Powder River Basin. 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 terms of the Zacks Industry Rank, Oil and Gas - Field Services is currently in the top 11% of the 250 plus Zacks industries. View source version on businesswire.com: https://www.businesswire.com/news/home/20220420006083/en/, Michael Stock 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. GAAP). Despite good reports, NYSE and AMEX data is at least 20 minutes delayed. 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. Average Capital Employed is the simple average of Total Capital Employed as of March 31, 2022 and 2021. Visit Performance Disclosure for information about the performance numbers displayed above. Copyright Liberty Oilfield Services LLC 2023. Business integrations are always challenging, this time exacerbated by Covid-impacted supply chain and difficult labor challenges. Individuals wishing to participate in the conference call should dial (833) 255-2827, or for international callers (412) 902-6704. The Manpower brand offers contingent staffing and permanent recruitment. This earnings release includes unaudited non-GAAP financial and operational measures, including EBITDA, Adjusted EBITDA and Pre-Tax Return on Capital Employed. The term loan requires only a 1% annual amortization of principal, paid quarterly. In addition, the company owns operates two s LBRT Profile. The replay will be available until February 16, 2022. Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. 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. We believe that the presentation of these non-GAAP financial and operational measures provides useful information about our financial performance and results of operations. Liberty Oilfield Services, which belongs to the Zacks Oil and Gas - Field Services industry, posted revenues of $942.62 million for the quarter ended June 2022, surpassing the Zacks Consensus Estimate by 7.76%. Receive SEC Filings, Events, Press Releases and Stock Price Alerts. 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. This compares to loss of $0.29 per share a year ago. Copyright Liberty Oilfield Services LLC 2023, https://www.businesswire.com/news/home/20220420006083/en/, Integration of PropX logistics and software solutions improved frac operations in the first quarter, Liberty wireline completed the longest-ever lateral length and deepest measured depth well onshore in, Multiple operational pumping records, including 75 hours of continuous plug and perf pump time. This compares to. 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