LBRT Intrinsic Value Calculation – LIBERTY OILFIELD SERVICES Reports Q2 FY2023 Earnings, Ending June 30, 2023
July 22, 2023
☀️Earnings Overview
LIBERTY OILFIELD SERVICES ($NYSE:LBRT) announced their earnings results for the quarter ending June 30th, 2023 of FY2023.
Stock Price
LIBERTY OILFIELD SERVICES reported their earnings for the second quarter of fiscal year 2023, ending on June 30, 2023, on Wednesday. The stock opened at $15.7 and ended the day at $16.0, showing an increase of 2.0% from the last closing price of $15.6. This increase in share price reflects investor confidence in the company’s future prospects and is indicative of the strong performance in the second quarter. This result is a testament to the successful development and execution of strategies to boost efficiency and reduce costs in order to maximize profits. Furthermore, LIBERTY OILFIELD SERVICES managed to increase their customer base and expand their product portfolio to capitalize on the huge potential of the oil and gas sector.
This is a remarkable achievement given the challenging market conditions posed by the COVID-19 crisis. The company’s ability to maintain and even grow their order book provides further evidence of their commitment to providing quality services and products to their customers. Overall, LIBERTY OILFIELD SERVICES Q2 FY2023 earnings report is a positive indicator of the company’s performance and future prospects. The stock’s increase in value and strong order book demonstrate confidence in LIBERTY OILFIELD SERVICES’ ability to achieve their short-term and long-term objectives. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for LBRT. More…
| Total Revenues | Net Income | Net Margin |
| 4.87k | 615.15 | 12.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for LBRT. More…
| Operations | Investing | Financing |
| 719.75 | -450.66 | -55.77 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for LBRT. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.92k | 1.25k | 9.56 |
Key Ratios Snapshot
Some of the financial key ratios for LBRT are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 49.0% | 67.3% | 15.3% |
| FCF Margin | ROE | ROA |
| 4.5% | 28.5% | 15.9% |
Analysis – LBRT Intrinsic Value Calculation
At GoodWhale, we have conducted an in-depth analysis of LIBERTY OILFIELD SERVICES and its wellbeing. Through our proprietary Valuation Line, we have determined that the intrinsic value of LIBERTY OILFIELD SERVICES share is around $23.6. Currently, the stock is traded at a price of $16.0, which means it is undervalued by 32.2%. This presents investors with an opportunity to purchase LIBERTY OILFIELD SERVICES stocks at a discounted rate and benefit from any potential future appreciation in value. More…
Peers
The oil and gas industry is a highly competitive market. There are many large and small companies competing for market share. Liberty Energy Inc is a small company that is up against some big names in the industry. Sixty Six Oilfield Services Inc, Serica Energy PLC, and Helix Energy Solutions Group Inc are all large, well-established companies. Liberty Energy Inc is a relative newcomer to the industry, but it has been quickly gaining market share. The company has been aggressive in its pricing and marketing, and it has been able to capture a significant portion of the market.
– Sixty Six Oilfield Services Inc ($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
Investors may find LIBERTY OILFIELD SERVICES an attractive option for investment as the company reported strong performance for the second quarter of FY2023. Total revenue increased by 26.8% compared to the same period of the previous year and net income rose by 45.2%. This indicates that the company is taking positive steps to grow its business and increase profits. Investors should assess the overall financial health of the company, as well as its strategic plans for the future, before making any long term investment decision.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
