Liberty Energy Soars 11.92% on Q1 Earnings

Generated by AI AgentAinvest Movers Radar
Thursday, Apr 17, 2025 8:41 am ET1min read
LBRT--

Liberty Energy Inc. (NYSE: LBRT) saw a significant rise of 11.92% in pre-market trading on April 17, 2025, driven by strong financial and operational results for the first quarter of 2025.

Liberty Energy reported a 4% sequential increase in revenue to $977 million, along with a net income of $20 million, or $0.12 fully diluted earnings per share. The company's Adjusted EBITDA increased by 8% to $168 million, achieving a 12% TTM Adjusted Pre-Tax Return on Capital Employed. Liberty distributedLBTYK-- $37 million to shareholders through share repurchases and cash dividends, repurchasing and retiring 1.0% of shares outstanding during the first quarter.

The company's strategic acquisitions and technological advancements, such as the acquisition of IMG Energy Solutions and the successful testing of the latest digiPrime technology, have further strengthened its market position. Liberty's focus on operational efficiencies and safety performance has set new benchmarks in the industry, reducing the total cost of asset ownership.

Liberty Energy's CEO, Ron Gusek, highlighted the company's strong performance despite market uncertainties, attributing the success to Liberty's unique culture, deep customer relationships, and superior performance. The company's strategic investments and technological advancements have positioned it well to navigate the dynamic energy market.

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