LIBERTY ENERGY Shoots Up After Reporting Earnings Beat

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Liberty Energy Intrinsic Stock Value – Liberty Energy ($NYSE:LBRT) Inc. is an American oil and gas company headquartered in Denver, Colorado. The company is engaged in the exploration, production, and acquisition of natural gas and crude oil properties in the United States.

This caused the stock to shoot up, and it has been on the rise since. If you are considering investing in Liberty Energy, now may be a good time to do so.

Earnings

LIBERTY ENERGY‘s earnings report for the third quarter of its 2022 fiscal year showed strong growth compared to the previous year. The company earned 3607.4 million USD in total revenue and 191.1 million USD in net income. This represents a 46.0% increase in total revenue and a 206.6% decrease in net income. LIBERTY ENERGY’s total revenue has grown significantly over the past three years, from 965.8 million USD to 3607.4 million USD.

The company’s net income has also grown during this period, but at a much slower rate. Despite this, the company’s earnings beat expectations and its stock price shot up in response.

Share Price

At the time of writing, most media coverage was positive. LIBERTY ENERGY opened at $16.6 and closed at $17.2, up by 2.1% from its last closing price of $16.8. This is good news for investors, who have been waiting for the company to rebound after a series of disappointing quarters.

VI Analysis – Liberty Energy Intrinsic Stock Value

The company’s fundamentals are a reflection of its long-term potential. The intrinsic value of a LIBERTY ENERGY share is around $16.8, calculated by VI Line. The company’s stock is currently traded at $17.2, a fair price that is overvalued by 3%.

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 looking for an energy stock that’s on the rise, you may want to consider investing in LIBERTY ENERGY. The company recently reported earnings that beat expectations, and its stock has shot up as a result. With the media coverage mostly being positive, now may be a good time to invest in LIBERTY ENERGY.