Liberty EnergyLBRT
Market Cap: $3.17B
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 Q2 SEC filings by fund managers ($100M+ AUM)
6% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 120
1% less capital invested
Capital invested by funds: $3.55B [Q1] → $3.51B (-$34.2M) [Q2]
9% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 46
1% less funds holding
Funds holding: 331 [Q1] → 327 (-4) [Q2]
2.17% less ownership
Funds ownership: 103.16% [Q1] → 100.99% (-2.17%) [Q2]
16% less call options, than puts
Call options by funds: $2.9M | Put options by funds: $3.47M
33% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Barclays Derek Podhaizer 38% 1-year accuracy 3 / 8 met price target | 36%upside $26 | Overweight Maintained | 23 Jul 2024 |
TD Cowen Marc Bianchi 14% 1-year accuracy 2 / 14 met price target | 4%upside $20 | Hold Maintained | 19 Jul 2024 |
B of A Securities Chase Mulvehill 17% 1-year accuracy 3 / 18 met price target | 15%upside $22 | Neutral Maintained | 15 Jul 2024 |
Piper Sandler Luke Lemoine 17% 1-year accuracy 5 / 30 met price target | 31%upside $25 | Overweight Maintained | 15 Jul 2024 |