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LBRT

Liberty Energy Inc.

In the published model solve dated 2026-Q2, anchored at $17.02, Liberty Energy Inc. (LBRT) is priced for -1.3% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.

Published model solve
-1.3% growth
Priced In
within-range

Key Takeaways

• Liberty Energy is a North American completions specialist running in ⟦"a single business segment, which consists of completions services, including hydraulic fracturing, wireline, proppant delivery"⟧, so the entire business rises and falls with how busy oil and gas operators are. • Pricing has been the swing variable: the most recent quarter absorbed the full hit of pricing headwinds even as fleet utilization stayed high, and the operating margin on a trailing basis is thin, around 2%, against

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Institutional ownership

376 institutional managers reported holding LBRT in 13F filings for the quarter ended 2026-03-31. 88 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 13.2M shares were sold short as of the 2026-06-15 count, about 8% of shares outstanding (4 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

LBRT has cut its share count 6.1% over the past five years, spending $482.55M on repurchases. It pays a dividend, and has paid one every year in our records (8 and counting), raised 4 years straight; the current rate is $0.33 a share annually. Cash returned over the past three years: $137.52M in dividends and $222.49M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at LBRT over the trailing three years: 2026: 1 buy totaling $250k. 14 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

LBRT's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-04-22+2.5%-6.9%
2023-07-22-0.7%+17.5%
2023-10-20+5.9%-10.7%
2024-02-10+11.1%+14.9%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

LBRT's latest 8-K filings: 2026-07-23 (items 2.02, 9.01); 2026-06-25 (items 1.01); 2026-05-07 (items 1.01); 2026-04-23 (items 2.02, 9.01); 2026-04-17 (items 5.07).

Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.

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Model solve date: 2026-Q2
Narrative composed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.