OverviewSuggest Edit

Liberty Oilfield Services is an innovative oilfield service company providing specialized stimulation services to optimize well production. The Company focuses on offering safe, efficient and high-quality hydraulic fracturing and engineering services, aiming to become the vendor of choice. It's goal is to provide frac design and execution with a real-data focus to optimize field development and improve production enhancement strategies for the clients.
TypePublic
Founded2011
HQDenver, CO, US
Websitelibertyfrac.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Feb 2019)2,032
Job Openings112
Revenue (FY, 2020)$965.8 M(-51%)
Share Price (Sept 2021)$10(-4%)
Cybersecurity ratingAMore

Key People/Management at Liberty Oilfield Services

Ron Gusek

Ron Gusek

President
Chris Wright

Chris Wright

Chief Executive Officer & Chairman of the Board
Ken Babcock

Ken Babcock

Director
Simon Ayat

Simon Ayat

Director
Ryan Gosney

Ryan Gosney

Chief Accounting Officer
Michael Stock

Michael Stock

Chief Financial Officer and Treasurer
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Liberty Oilfield Services Office Locations

Liberty Oilfield Services has offices in Denver, Cibolo, Farmington, Gillette and in 5 other locations
Denver, CO, US (HQ)
950 17th St #2000
Cibolo, TX, US
1131 Guadalupe Dr
Farmington, NM, US
1515 W Murray Dr
Gillette, WY, US
1200 E Lincoln St
Henderson, CO, US
9540 E 104th Ave
Houston, TX, US
7906 North Sam Houston Pkwy W #250
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Liberty Oilfield Services Financials and Metrics

Liberty Oilfield Services Revenue

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Liberty Oilfield Services's revenue was reported to be $965.79 m in FY, 2020
USD

Revenue (Q1, 2021)

552.0m

Gross profit (Q1, 2021)

53.1m

Gross profit margin (Q1, 2021), %

9.6%

Net income (Q1, 2021)

(38.6m)

EBIT (Q1, 2021)

(42.2m)

Market capitalization (8-Sept-2021)

1.8b

Closing stock price (8-Sept-2021)

10.0

Cash (31-Mar-2021)

69.5m

EV

1.9b
Liberty Oilfield Services's current market capitalization is $1.8 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

2.2b2.0b965.8m

Cost of goods sold

1.6b1.6b858.0m

Gross profit

526.4m369.2m107.8m

Gross profit Margin, %

24%19%11%
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

495.2m628.1m558.8m535.1m542.1m515.1m472.3m88.4m147.5m552.0m

Cost of goods sold

376.8m455.5m418.9m429.3m426.4m421.0m392.7m89.5m139.2m498.9m

Gross profit

118.3m172.6m139.9m105.8m115.7m94.1m79.6m(1.2m)8.3m53.1m

Gross profit Margin, %

24%27%25%20%21%18%17%(1%)6%10%
Annual
USDFY, 2018FY, 2019

Cash

103.3m

Accounts Receivable

153.6m

Prepaid Expenses

49.9m

Inventories

60.0m
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

126.3m39.0m(115.6m)

Depreciation and Amortization

125.1m165.4m180.1m

Inventories

(4.6m)(30.5m)2.1m

Accounts Payable

(26.8m)22.4m(15.3m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

23.7m73.3m107.4m18.1m74.4m93.3m2.4m(63.4m)(112.4m)(38.6m)

Depreciation and Amortization

28.0m58.6m90.9m38.4m78.8m121.1m44.8m89.8m134.3m

Inventories

(4.5m)(10.2m)(3.7m)(14.3m)(26.8m)(27.6m)257.0k6.6m10.8m(10.5m)

Accounts Payable

6.5m4.8m(6.5m)44.7m53.3m31.7m22.8m(142.6m)(82.8m)22.2m
USDQ1, 2018

Revenue/Employee

266.4k

Financial Leverage

1.6 x
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Liberty Oilfield Services Cybersecurity Score

Cybersecurity ratingPremium dataset

A

97/100

SecurityScorecard logo

Liberty Oilfield Services Online and Social Media Presence

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Liberty Oilfield Services News and Updates

LBRT DEADLINE NOTICE, ROSEN, A TOP LAW FIRM, Files First Federal Securities Class Action Lawsuit Against Liberty Oilfield Services Inc. - LBRT

NEW YORK, April 7, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Liberty Oilfield Services Inc. (NYSE: LBRT) pursuant and/or traceable to the registration statement and...

LBRT INVESTOR UPDATE: Bronstein, Gewirtz & Grossman, LLC Notifies Liberty Oilfield Services Inc. Shareholders of Class Action and Encourages Investors to Contact the Firm

NEW YORK, April 6, 2020 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Liberty Oilfield Services Inc. ("Liberty" or the Company") (NYSE: LBRT) pursuant and/or traceable to the registration...

Liberty Oilfield Services sees slowdown in frack activity, weak pricing

Hydraulic fracturing company Liberty Oilfield Services on Wednesday said a seasonal slowdown in activity had started early this year, indicating more pain for an industry already hampered by cuts in customer spending.

Liberty Oilfield Services calls a bottom in pressure pumping market

Pressure pumper Liberty Oilfield Services on Wednesday said it expects the U.S. hydraulic fracturing market to bottom this quarter, amid weaker demand for well completions as shale production outpaced takeaway capacity.

Liberty Oilfield Services Blogs

GAMCAST: “Energy poverty, nonsensical energy policy, and the miracle of petroleum with Chris Wright”

Join Marty Bent as he sits down with Chris Wright, Founder and CEO of Liberty Oilfield Services, to discuss. Listen here. – Energy poverty – Lack of education around energy extraction and delivery – Energy density – Does fracking pollute water? – Is Chris anti “renewables”? – much more Check out the…

Ron Gusek with David Ramsden-Wood on #hottakeoftheday Podcast

This week Liberty’s President, Ron Gusek, joined David Ramsden-Wood on the #hottakeoftheday podcast to discuss the Schlumberger acquisition, the importance of oil and gas, and talk about the future of frac, data and the oilfield. Enjoy the full interview below!   The post Ron Gusek with David Ramsde…

Power Hour with Alex Epstein: Chris Wright, Proud Oil & Gas CEO

From Alex Epstein, host of Power Hour: On this week’s Power Hour I have a wide-ranging discussion with Chris Wright, the proud and outspoken CEO of Liberty Oilfield Services. I first met Chris when we tag-teamed in a debate against climate catastrophists back in late 2015. He, like me, came to love …

Colorado Business Roundtable – Road to Recovery Series: Colorado’s Energy Industry

Across Colorado’s business community, the COVID-19 pandemic wrought extraordinary challenges. The energy industry, in particular, faced its most difficult year in history. However, Colorado remains pivotal to the American energy landscape, and the state’s economic rebuild is certain to be anchored i…

The Glenn Beck Program: Is Fauci a Villain? | Guests: Jason Whitlock & Chris Wright | 6/8/21

The Biden administration is now referring to “birthing people” in its policies. Glenn shares just how many parallels there are between Germany’s massive economic collapse last century and what’s happening now in America. Is our hyperinflation intentional? Stu gives his opinion on Dr. Fauci and the W…

The Ross Kaminsky Show: “Chris Wright: Thank You North Face (for using so much oil and gas)”

Liberty CEO, Chris Wright, joined Ross Kaminsky on 630KHOW to discuss the Thank You North Face Campaign as well as Colorado’s oil and gas industry as a whole. Take a listen of the full radio show here: The post The Ross Kaminsky Show: “Chris Wright: Thank You North Face (for using so much oil and ga…
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Liberty Oilfield Services Frequently Asked Questions

  • When was Liberty Oilfield Services founded?

    Liberty Oilfield Services was founded in 2011.

  • Who are Liberty Oilfield Services key executives?

    Liberty Oilfield Services's key executives are Ron Gusek, Chris Wright and Ken Babcock.

  • How many employees does Liberty Oilfield Services have?

    Liberty Oilfield Services has 2,032 employees.

  • What is Liberty Oilfield Services revenue?

    Latest Liberty Oilfield Services annual revenue is $965.8 m.

  • What is Liberty Oilfield Services revenue per employee?

    Latest Liberty Oilfield Services revenue per employee is $475.3 k.

  • Who are Liberty Oilfield Services competitors?

    Competitors of Liberty Oilfield Services include NexTier Oilfield Solutions, SHV Holdings and China Ocean Engineering Shanghai Company.

  • Where is Liberty Oilfield Services headquarters?

    Liberty Oilfield Services headquarters is located at 950 17th St #2000, Denver.

  • Where are Liberty Oilfield Services offices?

    Liberty Oilfield Services has offices in Denver, Cibolo, Farmington, Gillette and in 5 other locations.

  • How many offices does Liberty Oilfield Services have?

    Liberty Oilfield Services has 9 offices.