Liberty EnergyLBRT
Market Cap: 3.8B
About: Liberty Energy is an oilfield services company that provides hydraulic fracturing services—mainly pressure pumping—in major basins throughout North America. Its 2020 acquisition of Schlumberger's OneStim business segment made Liberty one of the largest pressure pumpers in North America. It also added wireline operations, two Permian frac sand mines, and an expanded technological portfolio.
Employees: 5,500
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 3 (+1) [Q1 2024]
44% more call options, than puts
Call options by funds: $6.22M | Put options by funds: $4.3M
35% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 43
17% more capital invested
Capital invested by funds: $2.99B [Q4 2023] → $3.51B (+$521M) [Q1 2024]
5% more funds holding
Funds holding: 310 [Q4 2023] → 325 (+15) [Q1 2024]
4.3% more ownership
Funds ownership: 97.73% [Q4 2023] → 102.04% (+4.3%) [Q1 2024]
8% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 111
Research analyst outlook
12 Wall Street Analysts provided 1 year price forecasts over the past 6 months
12 analyst ratings
Barclays Derek Podhaizer | 13%upside $26 | Overweight Maintained | 23 Jul 2024 |
TD Cowen Marc Bianchi | 13%downside $20 | Hold Maintained | 19 Jul 2024 |
B of A Securities Chase Mulvehill | 4%downside $22 | Neutral Maintained | 15 Jul 2024 |
Piper Sandler Luke Lemoine | 9%upside $25 | Overweight Maintained | 15 Jul 2024 |
Citigroup Scott Gruber | 39%upside $32 | Buy Upgraded | 29 May 2024 |
Financial journalist opinion
Based on 10 articles about LBRT published over the past 30 days