Liberty Oilfield Services Declares Quarterly Dividend

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Liberty Oilfield Services is an oil services company that provides hydraulic fracturing services to oil and gas producers. The company has declared a quarterly dividend of $0.05 per share, which is in line with previous payouts. The forward yield on the dividend is 1.59%. Liberty Oilfield Services has a strong balance sheet and is well-positioned to weather the current downturn in the oil and gas industry. The company has a diversified customer base and a large fleet of modern equipment.

Liberty Oilfield Services is an attractive dividend stock for income-seeking investors. The company has a long history of paying dividends and has increased its dividend payout in recent years. The dividend is well-covered by earnings and cash flow, and the forward yield of 1.59% is attractive.

Dividends

LBRT Intrinsic Value – Liberty Oilfield Services ($NYSE:LBRT) has declared a quarterly dividend of 0.0 USD for the fiscal year 2022, second quarter ending June 30. This dividend is lower than the dividends of 0.0 USD and 0.05 USD that were issued in the last two years.

However, the company’s dividend yields from 2020 to 2022 are still 0.52%, nan%, and 0.52%, respectively. The three-year average dividend yield is 0.52%.

Price History

This is a positive development for the company, as it indicates that it is financially healthy and able to return value to shareholders. The stock market reacted positively to the news, with the stock opening at $14.9 and closing at $15.4, up by 4.3% from the previous closing price of $14.8. This is a positive sign for the company, as it indicates that investors believe that it is a good long-term investment.

VI Analysis – LBRT Intrinsic Value

Company’s fundamentals are a reflection of its long term potential. The company’s intrinsic value is around $14.3, calculated by the VI Line. The company’s stock is currently traded at $15.4, which is a fair price, but is slightly overvalued by 8%.

VI Peers

The oil and gas industry is a highly competitive market. There are many large and small companies competing for market share. Liberty Energy Inc is a small company that is up against some big names in the industry. Sixty Six Oilfield Services Inc, Serica Energy PLC, and Helix Energy Solutions Group Inc are all large, well-established companies. Liberty Energy Inc is a relative newcomer to the industry, but it has been quickly gaining market share. The company has been aggressive in its pricing and marketing, and it has been able to capture a significant portion of the market.

– Sixty Six Oilfield Services Inc ($OTCPK:SSOF)

Sixty Six Oilfield Services Inc is a publicly traded company with a market cap of 1.63M as of 2022. The company has a strong ROE of 35.81% and is engaged in providing oilfield services to the upstream oil and gas industry. Some of the services offered by the company include drilling, completion, and production services. The company has a strong presence in the Bakken region of North America and is well-positioned to capitalize on the growing demand for oil and gas services in this region.

– Serica Energy PLC ($LSE:SQZ)

Serica Energy PLC is an oil and gas exploration and production company with a market cap of 871.59M as of 2022. The company has a Return on Equity of 64.14%. Serica Energy PLC is engaged in the exploration, development, production and sale of crude oil, natural gas and natural gas liquids. The company has a portfolio of assets in the UK, Indonesia, Vietnam and Trinidad & Tobago.

– Helix Energy Solutions Group Inc ($NYSE:HLX)

Helix Energy Solutions Group Inc is an international offshore energy services company that provides decommissioning and decommissioning services to the oil and gas industry. The company has a market cap of 673.68M as of 2022 and a Return on Equity of -3.94%. Helix Energy Solutions Group Inc is headquartered in Houston, Texas.

Summary

If you’re considering investing in Liberty Oilfield Services, it’s important to do your research and understand the company’s business model and financials. Liberty Oilfield Services is a provider of hydraulic fracturing services, which is a key process in the extraction of oil and gas. The company has been growing rapidly in recent years, and its stock price has followed suit. One thing to keep in mind with Liberty Oilfield Services is that its business is highly dependent on the price of oil. When oil prices are high, the company tends to do well, as demand for its services is strong.

However, when oil prices are low, the company’s business can suffer, as customers may cut back on spending. Overall, Liberty Oilfield Services is a company that has shown strong growth in recent years. However, investors should be aware of the risks involved in investing in a company that is so dependent on the volatile oil market.