LBRT stock data

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Calendar

30 Oct 20
31 Oct 20
31 Dec 20

News

Quarter (USD) Sep 20 Jun 20 Mar 20 Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
7 Oct 20 Riverstone/Carlyle Energy Partners IV Class B Common Stock Sale back to company Dispose D No 0 4,016,965 0 17,187,599
7 Oct 20 Riverstone/Carlyle Energy Partners IV Class A Common Stock Sell Dispose S No 8.61 4,016,965 34.59M 2,586,344
7 Oct 20 Riverstone/Carlyle Energy Partners IV Class A Common Stock Grant Aquire A No 0 4,016,965 0 6,603,309
7 Oct 20 Riverstone/Carlyle Energy Partners IV Class A Common Stock Sell Dispose S No 8.61 1,733,035 14.92M 8,531,053
7 Oct 20 Riverstone/Carlyle Energy Partners IV Units Class A Common Stock Sale back to company Aquire D No 0 4,016,965 0 17,187,599
1 Apr 20 Christopher A Wright Common Stock Payment of exercise Dispose F No 2.26 40,331 91.15K 3,927,707
1 Apr 20 Stock Michael Common Stock Payment of exercise Dispose F No 2.26 11,813 26.7K 1,460,977
1 Apr 20 Gusek Ron Common Stock Payment of exercise Dispose F No 2.26 11,813 26.7K 1,427,010
1 Apr 20 Gosney Ryan T Common Stock Payment of exercise Dispose F No 2.26 6,401 14.47K 85,617
13F holders
Current Prev Q Change
Total holders 111 109 +1.8%
Opened positions 25 19 +31.6%
Closed positions 23 23
Increased positions 38 41 -7.3%
Reduced positions 35 34 +2.9%
13F shares
Current Prev Q Change
Total value 687.91M 374.34M +83.8%
Total shares 121.71M 121.14M +0.5%
Total puts 0 0
Total calls 0 10K EXIT
Total put/call ratio
Largest owners
Shares Value Change
REVSF Riverstone 34.05M $186.62M 0.0%
CG Carlyle 34.05M $186.62M 0.0%
N Price T Rowe Associates 15.03M $82.36M -0.0%
FMR 6.83M $37.44M +54.9%
Vanguard 5.79M $31.75M +10.7%
BLK BlackRock 4.49M $24.62M +18.4%
JFG Wealth Management 4.17M $22.86M -0.0%
STT State Street 2.06M $11.3M +42.8%
Oakmont 1.73M $9.5M -16.3%
Dimensional Fund Advisors 1.06M $5.82M +16.3%
Largest transactions
Shares Bought/sold Change
FMR 6.83M +2.42M +54.9%
Alyeska Investment 0 -1.18M EXIT
BLK BlackRock 4.49M +697.44K +18.4%
GMT Capital 810.1K -622.2K -43.4%
STT State Street 2.06M +618.32K +42.8%
Balyasny Asset Management 0 -572.05K EXIT
Epoch Investment Partners 560.11K +560.11K NEW
Vanguard 5.79M +559.25K +10.7%
Roumell Asset Management 0 -517.83K EXIT
Hotchkis & Wiley Capital Management 680.91K -460.84K -40.4%

Financial report summary

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Risks
  • We were the target of a cybersecurity attack in early 2020 and additional cybersecurity incidents could have adverse effects on our business and operations.
  • The COVID-19 pandemic has significantly reduced demand for our services, and has had, and may continue to have, a material adverse effect on our operations, business and financial results.
  • Federal, state and local legislative and regulatory initiatives relating to hydraulic fracturing as well as governmental reviews and investment practices for such activities may serve to limit future oil and natural gas exploration and production activities and could have a material adverse effect on our results of operations and business.
  • The Company may not be successful in completing the Acquisition.
  • The Company will incur significant transaction and acquisition-related costs in connection with the Acquisition.
  • Completion of the Acquisition could trigger the change of control restriction in the Company’s credit facilities. The failure to obtain the requisite consent or waiver may have an adverse impact on the Company’s ongoing business and results of operations.
  • The Company may be the target of securities class action and derivative lawsuits which could result in substantial costs and may delay or prevent the Acquisition from being completed.
  • The integration of the Transferred Business may not be as successful as anticipated, and the Company may not achieve the intended benefits or do so within the intended timeframe.
  • The Acquisition and the post-acquisition company may be materially and adversely affected by the recent COVID-19 outbreak.
  • The Company’s results may suffer if it does not effectively manage its expanded operations following the Acquisition.
  • The Company’s current stockholders will have a reduced ownership and voting interest after the Acquisition compared to their current ownership and will exercise less influence over management.
  • The Schlumberger Parties will have significant influence over us after completion of the Acquisition.
  • Sales of substantial amounts of shares of Class A Common Stock in the open market by the Schlumberger Parties could depress the Company’s stock price.
  • If the perceived benefits of the Acquisition are not realized, the Acquisition may not be accretive to certain Company metrics, which may negatively affect the market price of the Class A Common Stock.
Management Discussion
  • Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations
  • We are an independent provider of hydraulic fracturing services and goods to onshore oil and natural gas E&P companies in North America. We have grown from one active hydraulic fracturing fleet in December 2011 to 24 active fleets in February 2020. We added one fleet during the year ended December 31, 2019 and one one fleet in January 2020. We provide our services primarily in the Permian Basin, the Eagle Ford Shale, the DJ Basin, the Williston Basin, the San Juan Basin and the Powder River Basin.
  • We believe the following characteristics both distinguish us from our competitors and are the foundations of our business: forming ongoing partnerships of trust and innovation with our customers; developing and utilizing technology to maximize well performance; and promoting a people-centered culture focused on our employees, customers and suppliers. We have developed strong relationships with our customers by investing significant time in fracture design collaboration, which substantially enhances their production economics. Our technological innovations have become even more critical as E&P companies have increased the completion complexity and fracture intensity of horizontal wells. We are proactive in developing innovative solutions to industry challenges, including developing: (i) our proprietary databases of U.S. unconventional wells to which we apply our proprietary multi-variable statistical analysis technologies to provide differential insight into fracture design optimization; (ii) our Liberty Quiet Fleet® design which significantly reduces noise levels compared to conventional hydraulic fracturing fleets; and (iii) hydraulic fracturing fluid systems tailored to the specific reservoir properties in the basins in which we operate. We foster a people-centered culture built around honoring our commitments to customers, partnering with our suppliers and hiring, training and retaining people that we believe to be the best talent in our field, enabling us to be one of the safest and most efficient hydraulic fracturing companies in the United States.
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H.S. junior Avg
New words: accretion, accretive, ahead, Air, alternative, appoint, attempting, beneficially, bring, Buyer, Canada, Canadian, Circuit, Clarifying, Clean, combustion, competitor, composed, consent, consummate, consummated, consummation, contemplated, cure, customary, Democratic, depressing, detrimental, discouraging, diversion, divert, domestic, entertainment, EPS, foregoing, forma, freely, geothermal, goodwill, inadequate, injunction, integrate, integrated, integrating, integration, larger, lodged, marking, merger, merit, momentum, monetary, motion, negotiate, nominate, OneStim, operationally, perception, plaintiff, policy, potion, power, pro, promissory, promulgated, receipt, registered, resale, rescission, sale, Schlumberger, shift, smaller, solar, stabilized, stay, stockholder, successful, suffer, tidal, timeframe, tradable, transmission, unanticipated, vacated, waived, waiver, Waste, weekly, wind
Removed: capacity, continuing, efficiency, entering, evaluated, expenditure, horizontal, influenced, led, predominantly, profitability, visibility