Liberty Energy (LBRT)
Provides hydraulic fracturing, wireline, proppant logistics, and distributed power services across North America.
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Sells completions services to onshore oil, gas, and enhanced geothermal producers, centered on hydraulic fracturing with wireline, proppant logistics, sand, gas fueling, analytics, and lower-emission technologies. Reports through an integrated North America segment while expanding Liberty Power Innovations into distributed power and energy storage.
Provides completions services to North American onshore oil, natural gas, and enhanced geothermal producers, with hydraulic fracturing at the center. Wireline, proppant delivery, Permian sand operations, field gas processing, compressed natural gas delivery, data analytics, and lower-emission completions technologies round out the service stack.
Adds power through Liberty Power Innovations, which serves commercial, industrial, data center, energy, and mining customers with distributed power, energy storage, power-as-a-service, fueling, grid-interconnected systems, and backup systems. OneStim expanded pressure-pumping scale, PropX deepened sand and logistics, and IMG added distributed-power capabilities.
Segment reporting presents the operating model as integrated and North America-only rather than split by product. Demand depends on onshore exploration and production activity, hydraulic-fracturing regulation, water and wastewater rules, environmental and safety law, customer concentration, cybersecurity, sand mining, silica exposure, and MSHA oversight.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 14, 2026 | UBS | Reiterate | Rating: —Target: $40 | Target: $35 |
| Aug 27, 2026 | Piper Sandler | Target | Target: $34 | Target: $30 |
| Aug 7, 2026 | Goldman Sachs | Target | Target: $31 | Target: $23 |
| Jul 24, 2026 | Morgan Stanley | Target | Target: $35 | Target: $32 |
| Jul 24, 2026 | RBC Capital | Target | Target: $32 | Target: $29 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $555.4M · Total debt $1.61B · Total assets $4.49B · Shareholders' equity $1.96B
- Revenue
- $1.19B
- Operating income
- $12.7M
- Net income
- $43.1M
HistoryDividendAnnual yield
| Institutions | 112.82% | 184.12M shares | |
|---|---|---|---|
| 425 holders · as of Jun 30, 2026 | |||
| Insiders | 4.65% | 7.59M shares | |
| 13 holders · as of Sep 1, 2026 | |||
| Adds to | 117.47% | ||
163.19M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 117.47%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 16.88% | 27.55M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 6.84% | 11.16M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 5.77% | 9.42M | as of Jun 30, 2026 |
State Street CorpInstitution | 4.33% | 7.07M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.33% | 7.07M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 1, 2026 | Michael Stock | officer: Chief Financial Officer | −6,666 | $19.84 |
| Aug 4, 2026 | Michael Stock | officer: Chief Financial Officer | −3,333 | $20.00 |
| Aug 3, 2026 | Michael Stock | officer: Chief Financial Officer | −3,333 | $17.95 |
| Jul 28, 2026 | Arjun N. Murti | director | +14,053 | $17.79 |
| Jul 1, 2026 | Michael Stock | officer: Chief Financial Officer | −9,999 | $25.89 |
- Halliburton
Largest pressure-pumping and completions rival across U.S. land
- Patterson-UTI Energy
Major U.S. land completions peer with frac, wireline, and power services
- ProFrac
Vertically integrated frac and proppant peer in U.S. shale
- ProPetro
Permian-focused frac, wireline, cementing, and power-services peer
- RPC
Diversified oilfield-services rival in pressure pumping and wireline
- SLB
Global completions-tech rival with stimulation and wireline overlap
- Baker Hughes
Oilfield-services peer in completions, intervention, measurements, and power
- Caterpillar
Distributed-power rival for natural-gas generation and energy customers
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Liberty Energy | $18.77 | −0.45% | $3.08B | 25.4 | 379.9 | 0.7 | +14.0% |
| Halliburton | $33.21 | −0.54% | $27.89B | 17.5 | 13.1 | 1.2 | +3.7% |
| Patterson-UTI Energy | $11.43 | +0.06% | $4.34B | — | 65.0 | 0.9 | +0.7% |
| ProFrac | $4.89 | −1.51% | $897.4M | — | — | 0.5 | −0.8% |
| ProPetro | $10.28 | +1.13% | $1.25B | — | 60.2 | 1.1 | −6.2% |
| RPC | $5.84 | +2.73% | $1.26B | 57.1 | 22.4 | 0.7 | +9.5% |
| SLB | $52.28 | +1.00% | $76.82B | 25.2 | 18.4 | 2.1 | +5.0% |
| Baker Hughes | $57.20 | −1.08% | $57.41B | 18.6 | 21.3 | 2.1 | −2.4% |
| Caterpillar | $805.68 | −1.33% | $376.11B | 35.1 | 28.0 | 5.0 | +24.0% |
| Median | 25.2 | 22.4 | 1.2 | +2.2% |