Liberty Oilfield Services (LBRT) Tops Q1 EPS by 13c
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Liberty Oilfield Services Inc. Announces First Quarter 2022 Financial and Operational Results
April 20, 2022 5:17 PM EDTDENVER--(BUSINESS WIRE)-- Liberty Oilfield Services Inc. (NYSE: LBRT; Liberty or the Company) announced today first quarter 2022 financial and operational results.
Summary Results and Highlights
Revenue of $793 million increased 16% sequentially Net loss1 was $5 million, or $0.03 fully diluted loss per share Adjusted EBITDA2 of $92 million 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 North America Multiple operational pumping records, including 75 hours of continuous plug and perf pump... More