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Liberty Oilfield Services

32 articles mentioning Liberty Oilfield Services · Page 1 of 2

Service Companies Talk Bleak Outlook for Remainder of 2024

Service Companies Talk Bleak Outlook for Remainder of 2024

As most of you might remember, back in May we told you to expect significant slow down in drilling & completion activity. Read here. But that analysis was based on analysis of earnings transcripts, press releases...

Contrary to the Noise from Top Service Companies; Activity to Slow For Remainder 2024

Contrary to the Noise from Top Service Companies; Activity to Slow For Remainder 2024

Contrary to what frac / service companies are saying, we believe we will see a drastic fall off in activity for the remainder of the year in drilling and frac/completion services. Let's first review the narrative...

What to Expect From Frac Activity in 2H'23 & 2024

What to Expect From Frac Activity in 2H'23 & 2024

Liberty (25 – 30) frac fleets drop in last 6 months. Expecting some pull-forward of completion activity. Don’t expect Nat Gas market to improve until 2024. “Frac activity is expected to stabilize but with somewhat quarterly...

Liberty Energy Inc. Second Quarter 2022 Results

Liberty Energy Inc. Second Quarter 2022 Results

Liberty Energy Inc., formerly known as Liberty Oilfield Services Inc., reported second quarter 2022 financial and operational results. Summary Results and Highlights: Revenue of $943 million, increased 19% sequentially and 62% year-over-year Net income1 was $105...

Liberty Oilfield Services First Quarter 2022 Results

Liberty Oilfield Services First Quarter 2022 Results

Liberty Oilfield Services Inc. reported first quarter 2022 financial and operational results. Summary Results and Highlights: Revenue of $793 million increased 16% sequentially Net loss1 was $5 million, or $0.03 fully diluted loss per share Adjusted...

Liberty Oilfield Services Fourth Quarter, Full Year 2021 Results

Liberty Oilfield Services Fourth Quarter, Full Year 2021 Results

Liberty Oilfield Services Inc. reported fourth quarter and full year 2021 financial and operational results. Summary Results and Highlights: Revenue of $2.5 billion and net loss1 of $187 million, or $1.03 fully diluted loss per share,...

Service Companies Talk Growth, Outlook for 2021

Service Companies Talk Growth, Outlook for 2021

Below are the highlights from the Q1 reports and conference calls of several service companies including Schlumberger, Halliburton, Liberty, Nabors and Nextier. They discuss their outlook for the Lower 48 and International markets, as well as...

Liberty Oilfield Services Talks U.S. Frac Market

Liberty Oilfield Services Talks U.S. Frac Market

Liberty Oilfield Services Inc. reported first quarter 2021 financial and operational results. Revenue & Capex Comparison by Quarter In the first quarter of revenue increased 114% to $552 million from $258 million in the fourth quarter,...

Liberty Wraps Up Purchase of Schlumberger's Onshore Frac Biz

Liberty Wraps Up Purchase of Schlumberger's Onshore Frac Biz

Liberty Oilfield Services Inc. has closed the deal for Schlumberger's onshore hydraulic fracturing business in the United States and Canada (OneStim), including its pressure pumping, pumpdown perforating, and Permian frac sand businesses, in exchange for a...

Liberty : Frac Fleets To Jump +20% in the Fourth Quarter

Liberty : Frac Fleets To Jump +20% in the Fourth Quarter

Liberty Oilfield Services reported its 3q quarter results. The most notable was a comment was "expect granter than 20% sequential growth in frac fleets in the 4Q. Wright continued, "In the fourth quarter we anticipate average...

Rig Count Vs Frac Spread Count : Week Ending 9/18/2020

Rig Count Vs Frac Spread Count : Week Ending 9/18/2020

A few of asked us if we can provide this chart weekly. Metrics

U.S. Frac Crew/Spread Count - Week Ending - July 3, 2020

U.S. Frac Crew/Spread Count - Week Ending - July 3, 2020

The U.S. Frac Crew Count continues to increase. This week we observed an increase in the MidCon region and the Permian Basin. The weekly frac spread count tracks frac fleets across the U.S. on a weekly...

U.S. Frac Crew/Spread Count Continues to Increase; Week Ending - June 26, 2020

U.S. Frac Crew/Spread Count Continues to Increase; Week Ending - June 26, 2020

This week we observed another uptick in Frac Activity. The U.S. Frac Crew Count increased by +3 this week to end at 64 active fleets. The Permian gained +2 this week and the Bakken up by...

Major Uptick in U.S. Frac Spread/Crews - Week Ending June 19, 2020

Major Uptick in U.S. Frac Spread/Crews - Week Ending June 19, 2020

This was a good week for the frac market. The week ended with 61 active spreads. Frac Crews overtime.

U.S. Frac Spread/Crew - Week Ending June 12, 2020

U.S. Frac Spread/Crew - Week Ending June 12, 2020

Another good week for the U.S. frac spreads. Through our back channels and survey data, we are reporting that the crew count went up by +5 last week. This marks the fourth week that we are...

U.S. Frac Spread Count, By Basin/Play - Week Ending June 5, 2020

U.S. Frac Spread Count, By Basin/Play - Week Ending June 5, 2020

Another good week for the U.S. frac spreads. Through our back channels and survey data, we are reporting that the crew count went up by +3 last week. This marks the third week that we are...

U.S. Frac Spread Count, By Basin/Play - Week Ending May 29, 2020

U.S. Frac Spread Count, By Basin/Play - Week Ending May 29, 2020

As expected, Frac fleets remained unchanged this week at 56. As most of you might remember, last week we reported the +2 fleets that started working this week. This week we will include another version of...

U.S. Frac Spread Count, By Basin/Play - Week Ending May 22, 2020

U.S. Frac Spread Count, By Basin/Play - Week Ending May 22, 2020

There have been a lot of you, 19 emails to be exact about wanting us to provide a little more details/ break-out of active frac crews by Basin/Play. While this level of details is normally reserved...

Active Frac Crews/Fleets Up +2 - Week Ending, May 15, 2020

Active Frac Crews/Fleets Up +2 - Week Ending, May 15, 2020

This week we observed an interesting thing when talking to our contacts in the field. One pressure pumpter told us they were called back by an operator on Monday of this week to complete a pad...

U.S. Frac Crews Down (82%) YTD; More To Go; Fleet Count By Operator

U.S. Frac Crews Down (82%) YTD; More To Go; Fleet Count By Operator

This week we will look at our Frac Fleets. The week ended with 51 active frac fleets working in the U.S. Basins. To get frac fleets by operator and by plays click here (requires frac database...