NYSE: LBRT
Liberty Energy Inc.
Energy · Oil & Gas Equipment & Services
Market Cap
$4.91B
52w High
$34.48
52w Low
$9.90
P/E
32.43
Volume
2.98M
Outstanding Shares
163.19M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 154.27% over the last year. Revenue declined 4.02% over the trailing twelve months. Operating margin moved from 6.92% to 1.55%. Free cash flow declined 186.75% over the trailing twelve months.
What the market seems to be pricing
The stock is rising despite deteriorating fundamentals and now sits at the 96th percentile of its historical P/E range. This is a momentum-driven move — the market may be front-running a recovery that has not yet appeared in reported numbers.
What would invalidate this read
Operating margin (currently 1.55%) would need to stabilize or improve to justify the move. Revenue is declining 4.02% — a trend reversal in the next report would be the key signal to watch. This read is wrong if the next period shows operating metrics turning the corner. At that point the price would be anticipating real improvement rather than running ahead of it.
Company profile
Liberty Energy Inc. provides hydraulic fracturing and wireline services, and related goods to onshore oil and natural gas exploration and production companies in North America.
Valuation
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Analyst consensus
10
Buy
9
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 23, 2026
Q3 FY26 · EPS est $0.04 · Revenue est $1.08B
View
Dividends
$0.35/shareQuarterly4yr growth streakEx-div Jun 4, 2026 · in 8dAt RiskLBRT pays a dividend with a 1.16% declared yield, 4 consecutive years of growth, growing at 8.32% annually, covered 0.3× by free cash flow.
Declared Yield
1.16%
Annual Div / Share
$0.35
TTM $0.34
5yr CAGR
+8.32%
Doubles every ~8.7yr
Payout Ratio
37.19%
At Risk
Dividend Growth Rate
3yr CAGR
+20.51%
5yr CAGR
+8.32%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$1/mo
In 5 yrs
$1/mo
In 10 yrs
$2/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$12/yr $1/mo | $17/yr+49% $1/mo | $26/yr+122% $2/mo |
Yield-on-cost grows from 1.16% → 2.59% over 10yr
Analysis
Dividend Strengths
Strong dividend growth rate
The 5-year CAGR of 8.32% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
Dividend exceeds free cash flow
Free cash flow covers only 0.26× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.