Liberty Oilfield Services Stock News

Upgrades According to B of A Securities, the prior rating for Sabra Health Care REIT Inc (NASDAQ:SBRA) was changed from Underperform to Neutral. In the fourth quarter, Sabra Health Care REIT showed an

Liberty Oilfield Services (LBRT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Liberty Oilfield Services (LBRT) reported earnings 30 days ago. What's next for the stock?

RPC (RES) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Although the IHS Markit Eurozone services PMI was revised lower to 55.5 in February versus a preliminary reading of 55.8, there were a few notable insider trades. When insiders sell shares, it indicat

NEW YORK , Feb. 22, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MRO, TELL, F, DVN, and LBRT. Full story available on Benzinga.com

Smart Beta ETF report for XES

Sector ETF report for XES

$90 Oil Offers The Best-Ever Economics For US Shale By Tsvetana Paraskova of OilPrice.com , The Permian has led U.S. shale production growth in recent months and will continue to do so in the coming months, but the oil price rally so far in 2022 has also driven increased drilling activity in other shale basins with higher breakeven prices. $90 oil is incentivizing more drilling activity in the Bakken in North Dakota, the Eagle Ford in Texas, Colorados DJ Basin, and in Wyoming, as the drilling economics at these high oil pricesthe highest since 2014are too attractive to pass up. In fact, the economics are the best since the start of the shale revolution, some oilfield service firms say, as oil prices are high while many producers are disciplined in spending. Drilling economics today are better than theyve ever been since the shale revolution started, Chris Wright, chief executive officer at Liberty Oilfield Services, told Reuters . Like the biggest oilfield service providers, Schlumberger and Halliburton, Liberty Oilfield Services also sees an upcycle driven by rapidly tightening markets for oil & gas in the U.S. industry, Liberty said in its 2021 earnings release on Tuesday. E&P operators are responding to oil and gas price signals.

Liberty Oilfield Services' (LBRT) fourth-quarter adjusted EBITDA was $20.6 million against the prior-year quarter figure of $7.1 million.

LBRT earnings call for the period ending December 31, 2021.

LBRT earnings call for the period ending December 31, 2021.

As Oil Hits $90, High Cost Shale Basins Are Hurriedly Coming Back Online Energy companies are once again starting to "kick the tires and light the fires" at high-cost shale basins, which have once again become economically feasible thanks to oil''s dramatic rise in price over the last 12 months. The same projects that were shuttered during the beginning of the pandemic are once again "buying properties and adding rigs and frack crews", according to Reuters . This is as benchmark oil prices rose over $93 last week, marking a stunning 65% move higher in a year and the highest prices since 2014. The report notes that this has catalyzed U.S. producers to spend "at double-digit rates as fuel demand has soared and fears have waned that OPEC will again punish them by flooding the market with crude". Executives are calling the economics of the industry "the best in years". Chris Wright, chief executive officer of Liberty Oilfield Services, told Reuters: "Drilling economics today are better than theyve ever been since the shale revolution started." Names like Colorado''s DJ Basin, Wyoming''s Powder River, Louisiana''s Haynesville and North Dakota''s Bakken shale have all seen new activity in the last few months.

Liberty Oilfield Services Inc. (LBRT) CEO Chris Wright on Q4 2021 Results - Earnings Call Transcript