Liberty Energy Inc. Announces First Quarter 2023 Financial and Operational Results
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Liberty Energy (LBRT) Tops Q1 EPS by 7c
April 19, 2023 4:44 PM EDT(Updated - April 19, 2023 4:44 PM EDT)
Liberty Energy (NYSE: LBRT) reported Q1 EPS of $0.90, $0.07 better than the analyst estimate of $0.83. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.25 billion.
Outlook
Tight frac markets persist in North America. Domestic natural gas markets are now beginning to show signs of a widely anticipated slowdown, but the softness is likely transitory ahead of a wave of LNG and Mexico pipeline export growth. The vast majority of frac services are weighted toward oilier basins and are working to simply maintain production... More
