Liberty Oilfield Services Inc (LBRT) to Issue Quarterly Dividend of $0.05 on December 20th
Liberty Oilfield Services Inc (NYSE:LBRT) declared a quarterly dividend on Tuesday, October 22nd, Zacks reports. Investors 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 annualized dividend and a yield of 2.32%. The ex-dividend date of this dividend is Thursday, December 5th.
Liberty Oilfield Services stock opened at $8.61 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. The firm has a market cap of $994.70 million, a P/E ratio of 4.76 and a beta of 2.26. The business has a fifty day moving average of $8.90 and a two-hundred day moving average of $11.80. Liberty Oilfield Services has a twelve month low of $7.89 and a twelve month high of $17.99.
Liberty Oilfield Services (NYSE:LBRT) last released its quarterly earnings results on Tuesday, October 29th. The company reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by ($0.12). The company had revenue of $515.08 million during the quarter, compared to the consensus estimate of $522.04 million. Liberty Oilfield Services had a return on equity of 9.20% and a net margin of 3.40%. Equities analysts expect that Liberty Oilfield Services will post 0.79 earnings per share for the current year.
In other Liberty Oilfield Services news, Director Brett Staffieri sold 23,341 shares of the business’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of $10.35, for a total transaction of $241,579.35. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Energy Part Riverstone/Carlyle sold 5,750,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $9.02, for a total transaction of $51,865,000.00. 6.19% of the stock is owned by insiders.
About Liberty Oilfield Services
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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