Liberty Oilfield Services Inc (NYSE:LBRT) declared a quarterly dividend on Tuesday, October 22nd, Zacks reports. Shareholders of record on Friday, December 6th will be paid a dividend of 0.05 per share on Friday, December 20th. This represents a $0.20 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date is Thursday, December 5th.
LBRT stock opened at $8.82 on Tuesday. The company has a quick ratio of 1.61, a current ratio of 1.95 and a debt-to-equity ratio of 0.22. Liberty Oilfield Services has a twelve month low of $7.89 and a twelve month high of $17.99. The company has a market cap of $994.70 million, a P/E ratio of 4.87 and a beta of 2.26. The business has a fifty day moving average of $8.90 and a 200-day moving average of $11.80.
Liberty Oilfield Services (NYSE:LBRT) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.12). The firm had revenue of $515.08 million during the quarter, compared to the consensus estimate of $522.04 million. Liberty Oilfield Services had a net margin of 3.40% and a return on equity of 9.20%. As a group, equities research analysts anticipate that Liberty Oilfield Services will post 0.79 earnings per share for the current fiscal year.
In related news, Director Energy Part Riverstone/Carlyle sold 5,750,000 shares of Liberty Oilfield Services stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $9.02, for a total transaction of $51,865,000.00. Also, Director Brett Staffieri sold 23,341 shares of Liberty Oilfield Services stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $10.35, for a total transaction of $241,579.35. The disclosure for this sale can be found here. Corporate insiders own 6.19% of the company’s stock.
Liberty Oilfield Services Company Profile
Liberty Oilfield Services Inc provides hydraulic fracturing services to onshore oil and natural gas exploration and production companies in North America. The company offers its services primarily in the Permian Basin, the Eagle Ford Shale, the Denver-Julesburg Basin, the Williston Basin, and the Powder River Basin.
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