$LBRT
Liberty Energy Inc. Stock $lbrt

$lbrt Overview Financials Valuation SEC Filings Company Website

2018 Q2 Form 10-Q Financial Statement

#000169402818000018 Filed on August 03, 2018

Income Statement

Concept	2018 Q2	2017 Q2
Revenue	$628.1M	$346.7M
YoY Change	81.15%	486.68%
Cost Of Revenue	$455.5M	$267.6M
YoY Change	70.19%	348.28%
Gross Profit	$172.6M	$79.10M
YoY Change	118.23%	-13283.17%
Gross Profit Margin	27.48%	22.81%
Selling, General & Admin	$27.30M	$20.00M
YoY Change	36.5%	300.0%
% of Gross Profit	15.82%	25.28%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$30.61M	$17.52M
YoY Change	74.68%	80.63%
% of Gross Profit	17.73%	22.15%
Operating Expenses	$57.90M	$37.60M
YoY Change	53.99%	155.78%
Operating Profit	$114.2M	$41.55M
YoY Change	174.9%	-371.54%
Interest Expense	$3.540M	$2.511M
YoY Change	40.98%	-267.4%
% of Operating Profit	3.1%	6.04%
Other Income/Expense, Net
YoY Change
Pretax Income	$110.7M	$39.00M
YoY Change	183.85%	-332.14%
Income Tax	$15.93M	$0.00
% Of Pretax Income	14.39%	0.0%
Net Earnings	$49.60M	$39.04M
YoY Change	27.05%	-332.35%
Net Earnings / Revenue	7.9%	11.26%
Basic Earnings Per Share	$0.72
Diluted Earnings Per Share	$0.71	$335.6K
COMMON SHARES
Basic Shares Outstanding	69.02M shares
Diluted Shares Outstanding	118.6M shares

Balance Sheet

Concept	2018 Q2	2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$83.30M	$600.0K
YoY Change	13783.33%
Cash & Equivalents	$83.33M	$609.0K
Short-Term Investments
Other Short-Term Assets	$29.20M	$16.90M
YoY Change	72.78%
Inventory	$62.37M	$38.80M
Prepaid Expenses
Receivables	$221.5M	$229.1M
Other Receivables	$4.200M	$7.200M
Total Short-Term Assets	$518.8M	$292.6M
YoY Change	77.3%
LONG-TERM ASSETS
Property, Plant & Equipment	$561.0M	$444.2M
YoY Change	26.3%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$11.75M	$2.400M
YoY Change	389.63%
Total Long-Term Assets	$572.8M	$446.6M
YoY Change	28.25%
TOTAL ASSETS
Total Short-Term Assets	$518.8M	$292.6M
Total Long-Term Assets	$572.8M	$446.6M
Total Assets	$1.092B	$739.2M
YoY Change	47.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$93.29M	$91.40M
YoY Change	2.07%
Accrued Expenses	$108.2M	$117.3M
YoY Change	-7.76%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$375.0K	$14.50M
YoY Change	-97.41%
Total Short-Term Liabilities	$205.7M	$223.2M
YoY Change	-7.84%
LONG-TERM LIABILITIES
Long-Term Debt	$106.8M	$139.4M
YoY Change	-23.36%
Other Long-Term Liabilities	$2.300M
YoY Change
Total Long-Term Liabilities	$106.8M	$139.4M
YoY Change	-23.36%
TOTAL LIABILITIES
Total Short-Term Liabilities	$205.7M	$223.2M
Total Long-Term Liabilities	$106.8M	$139.4M
Total Liabilities	$352.1M	$362.6M
YoY Change	-2.91%
SHAREHOLDERS EQUITY
Retained Earnings	$73.27M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$423.9M	$376.6M
YoY Change
Total Liabilities & Shareholders Equity	$1.092B	$739.2M
YoY Change	47.67%

Cashflow Statement

Concept	2018 Q2	2017 Q2
OPERATING ACTIVITIES
Net Income	$49.60M	$39.04M
YoY Change	27.05%	-332.35%
Depreciation, Depletion And Amortization	$30.61M	$17.52M
YoY Change	74.68%	80.63%
Cash From Operating Activities	$78.50M	-$38.70M
YoY Change	-302.84%	975.0%
INVESTING ACTIVITIES
Capital Expenditures	-$85.90M	-$80.30M
YoY Change	6.97%	7.64%
Acquisitions
YoY Change
Other Investing Activities	$2.700M	$0.00
YoY Change
Cash From Investing Activities	-$83.10M	-$80.30M
YoY Change	3.49%	7.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-10.10M	106.8M
YoY Change	-109.46%	19.46%
NET CHANGE
Cash From Operating Activities	78.50M	-38.70M
Cash From Investing Activities	-83.10M	-80.30M
Cash From Financing Activities	-10.10M	106.8M
Net Change In Cash	-14.70M	-12.20M
YoY Change	20.49%	-208.93%
FREE CASH FLOW
Cash From Operating Activities	$78.50M	-$38.70M
Capital Expenditures	-$85.90M	-$80.30M
Free Cash Flow	$164.4M	$41.60M
YoY Change	295.19%	-41.41%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	lbrt	Incremental Common Shares Attributable To Dilutive Effect Of Restricted Stock Units IncrementalCommonSharesAttributableToDilutiveEffectOfRestrictedStockUnits	229000	shares
CY2018Q2	us-gaap	Profit Loss ProfitLoss	94741000	USD
CY2017Q2	lbrt	Interest Expense Excluding Related Party Transactions InterestExpenseExcludingRelatedPartyTransactions	1750000	USD
	lbrt	Interest Expense Excluding Related Party Transactions InterestExpenseExcludingRelatedPartyTransactions	3202000	USD
	lbrt	Proceeds From Contributions Of Assets ProceedsFromContributionsOfAssets	0	USD
	lbrt	Proceeds From Contributions Of Assets ProceedsFromContributionsOfAssets	2115000	USD
CY2018Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	29237000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
	dei	Document Period End Date DocumentPeriodEndDate	2018-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001694028
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	Liberty Oilfield Services Inc.
	dei	Trading Symbol TradingSymbol	LBRT
CY2017Q4	lbrt	Accrued Vendor Invoices Current AccruedVendorInvoicesCurrent	78646000	USD
CY2018Q2	lbrt	Accrued Vendor Invoices Current AccruedVendorInvoicesCurrent	64575000	USD
	lbrt	Adjustments To Additional Paid In Capital Tax Receivable Agreement Liability AdjustmentsToAdditionalPaidInCapitalTaxReceivableAgreementLiability	2291000	USD
	lbrt	Adjustmentsto Additional Paidin Capital Reorganization Deferred Tax Liability Net AdjustmentstoAdditionalPaidinCapitalReorganizationDeferredTaxLiabilityNet	28620000	USD
	lbrt	Contract With Customer Customer Payment Terms ContractWithCustomerCustomerPaymentTerms	P45D
	lbrt	Depreciation And Amortization Excluding Amortization Of Debt Issuance Costs DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts	31667000	USD
	lbrt	Depreciation And Amortization Excluding Amortization Of Debt Issuance Costs DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts	58622000	USD
CY2018Q1	lbrt	Equity Distributions On Redeemable Securities EquityDistributionsOnRedeemableSecurities	149000	USD
	lbrt	Increase Decrease In Accounts Payable And Accrued Liabilities Related Parties IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedParties	1044000	USD
	lbrt	Increase Decrease In Accounts Payable And Accrued Liabilities Related Parties IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedParties	0	USD
	lbrt	Increase Decreasein Unbilled Receivables Related Parties IncreaseDecreaseinUnbilledReceivablesRelatedParties	-2487000	USD
	lbrt	Increase Decreasein Unbilled Receivables Related Parties IncreaseDecreaseinUnbilledReceivablesRelatedParties	-59000	USD
CY2018Q2	lbrt	Incremental Common Shares Attributable To Dilutive Effect Of Restricted Stock IncrementalCommonSharesAttributableToDilutiveEffectOfRestrictedStock	948000	shares
	lbrt	Incremental Common Shares Attributable To Dilutive Effect Of Restricted Stock IncrementalCommonSharesAttributableToDilutiveEffectOfRestrictedStock	994000	shares
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	5400000	USD
CY2018Q2	lbrt	Incremental Common Shares Attributable To Dilutive Effect Of Restricted Stock Units IncrementalCommonSharesAttributableToDilutiveEffectOfRestrictedStockUnits	463000	shares
CY2018Q2	lbrt	Interest Expense Excluding Related Party Transactions InterestExpenseExcludingRelatedPartyTransactions	3540000	USD
	lbrt	Interest Expense Excluding Related Party Transactions InterestExpenseExcludingRelatedPartyTransactions	10034000	USD
CY2017Q2	lbrt	Net Income Loss Attributableto Predecessor NetIncomeLossAttributabletoPredecessor	39035000	USD
	lbrt	Net Income Loss Attributableto Predecessor NetIncomeLossAttributabletoPredecessor	47157000	USD
CY2018Q2	lbrt	Net Income Loss Attributableto Predecessor NetIncomeLossAttributabletoPredecessor	0	USD
	lbrt	Net Income Loss Attributableto Predecessor NetIncomeLossAttributabletoPredecessor	8705000	USD
CY2017Q2	lbrt	Number Of Fleets Established NumberOfFleetsEstablished	4	fleet
	lbrt	Number Of Fleets Established NumberOfFleetsEstablished	6	fleet
CY2017Q4	lbrt	Operational Accruals Current OperationalAccrualsCurrent	32208000	USD
CY2018Q2	lbrt	Operational Accruals Current OperationalAccrualsCurrent	13276000	USD
	lbrt	Payments For Redemptionof Redeemable Common Units PaymentsForRedemptionofRedeemableCommonUnits	0	USD
	lbrt	Payments For Redemptionof Redeemable Common Units PaymentsForRedemptionofRedeemableCommonUnits	25897000	USD
	lbrt	Proceedsfrom Issuanceof Redeemable Common Units ProceedsfromIssuanceofRedeemableCommonUnits	39794000	USD
	lbrt	Proceedsfrom Issuanceof Redeemable Common Units ProceedsfromIssuanceofRedeemableCommonUnits	0	USD
CY2017Q4	lbrt	Property Plantand Equipment Before Construction In Progress Net PropertyPlantandEquipmentBeforeConstructionInProgressNet	469092000	USD
CY2018Q2	lbrt	Property Plantand Equipment Before Construction In Progress Net PropertyPlantandEquipmentBeforeConstructionInProgressNet	527839000	USD
CY2017Q2	lbrt	Start Up Costs StartUpCosts	4300000	USD
	lbrt	Start Up Costs StartUpCosts	8900000	USD
CY2018Q2	lbrt	Start Up Costs StartUpCosts	3300000	USD
	lbrt	Start Up Costs StartUpCosts	6600000	USD
CY2018Q1	lbrt	Tax Receivable Agreement Number Of Agreements TaxReceivableAgreementNumberOfAgreements	2	agreement
CY2017Q4	lbrt	Unbilled Receivables Related Parties Current UnbilledReceivablesRelatedPartiesCurrent	59000	USD
CY2018Q2	lbrt	Unbilled Receivables Related Parties Current UnbilledReceivablesRelatedPartiesCurrent	0	USD
CY2017Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	66846000	USD
CY2018Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	93288000	USD
CY2017Q4	us-gaap	Accounts Payable Related Parties Current AccountsPayableRelatedPartiesCurrent	2000000	USD
CY2018Q2	us-gaap	Accounts Payable Related Parties Current AccountsPayableRelatedPartiesCurrent	0	USD
CY2017Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	195961000	USD
CY2018Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	221464000	USD
CY2017Q4	us-gaap	Accounts Receivable Related Parties Current AccountsReceivableRelatedPartiesCurrent	3984000	USD
CY2018Q2	us-gaap	Accounts Receivable Related Parties Current AccountsReceivableRelatedPartiesCurrent	4106000	USD
CY2017Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	0	USD
CY2018Q2	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	2291000	USD
CY2017Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	198453000	USD
CY2018Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	255548000	USD
CY2017Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	0	USD
CY2018Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	349488000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1196000	USD
CY2017Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	0	USD
CY2018Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	0	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	280000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2868000	USD
CY2017Q4	us-gaap	Assets Assets	852103000	USD
CY2018Q2	us-gaap	Assets Assets	1091557000	USD
CY2017Q4	us-gaap	Assets Current AssetsCurrent	352029000	USD
CY2018Q2	us-gaap	Assets Current AssetsCurrent	518792000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	23280000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	6269000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	11484000	USD
CY2017Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	609000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	16321000	USD
CY2018Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	83331000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-10875000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	67010000	USD
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	25684000	USD
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	2900000	USD
CY2017Q2	us-gaap	Cost Of Services Energy Services CostOfServicesEnergyServices	267626000	USD
CY2018Q2	us-gaap	Construction In Progress Gross ConstructionInProgressGross	33175000	USD
	us-gaap	Cost Of Services Energy Services CostOfServicesEnergyServices	479259000	USD
CY2018Q2	us-gaap	Cost Of Services Energy Services CostOfServicesEnergyServices	455469000	USD
	us-gaap	Cost Of Services Energy Services CostOfServicesEnergyServices	832296000	USD
CY2017Q2	us-gaap	Costs And Expenses CostsAndExpenses	305179000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	547999000	USD
CY2018Q2	us-gaap	Costs And Expenses CostsAndExpenses	513873000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	940473000	USD
	us-gaap	Debt Conversion Converted Instrument Amount1 DebtConversionConvertedInstrumentAmount1	60761000	USD
	us-gaap	Debt Conversion Converted Instrument Amount1 DebtConversionConvertedInstrumentAmount1	0	USD
CY2018Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	113028000	USD
CY2017Q4	us-gaap	Debt Instrument Unamortized Discount Current DebtInstrumentUnamortizedDiscountCurrent	1739000	USD
CY2018Q2	us-gaap	Debt Instrument Unamortized Discount Current DebtInstrumentUnamortizedDiscountCurrent	1375000	USD
CY2017Q4	us-gaap	Debt Instrument Unamortized Discount Noncurrent DebtInstrumentUnamortizedDiscountNoncurrent	6466000	USD
CY2018Q2	us-gaap	Debt Instrument Unamortized Discount Noncurrent DebtInstrumentUnamortizedDiscountNoncurrent	4448000	USD
CY2017Q4	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	8205000	USD
CY2018Q2	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	5823000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	0	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	8447000	USD
CY2017Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	9231000	USD
CY2018Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	3844000	USD
CY2018Q2	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	2600000	USD
CY2018Q2	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	28600000	USD
CY2017Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	0	USD
CY2018Q2	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	37243000	USD
CY2017Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	17521000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	31667000	USD
CY2018Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	30606000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	58622000	USD
CY2018Q2	us-gaap	Dilutive Securities DilutiveSecurities	34171000	USD
	us-gaap	Dilutive Securities DilutiveSecurities	50482000	USD
CY2018Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.72
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.06
CY2018Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.71
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.05
	us-gaap	Effective Income Tax Rate Reconciliation Deductions EffectiveIncomeTaxRateReconciliationDeductions	0.139
CY2017Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	24990000	USD
CY2018Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	22326000	USD
CY2017Q2	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-10000	USD
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	33000	USD
CY2018Q2	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-485000	USD
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-565000	USD
CY2017Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	20022000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	37106000	USD
CY2018Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	27313000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	48990000	USD
CY2017Q2	us-gaap	Income Loss Including Portion Attributable To Noncontrolling Interest IncomeLossIncludingPortionAttributableToNoncontrollingInterest	39035000	USD
	us-gaap	Income Loss Including Portion Attributable To Noncontrolling Interest IncomeLossIncludingPortionAttributableToNoncontrollingInterest	47157000	USD
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	us-gaap	Income Loss Including Portion Attributable To Noncontrolling Interest IncomeLossIncludingPortionAttributableToNoncontrollingInterest	172737000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	24000000	USD
CY2017Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2018Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	15930000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	24009000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	15026000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	95834000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	4775000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	84500000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	25503000	USD
	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	2216000	USD
	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	122000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	10891000	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	10239000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	11984000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	24088000	USD
	us-gaap	Increase Decrease In Unbilled Receivables IncreaseDecreaseInUnbilledReceivables	23543000	USD
	us-gaap	Increase Decrease In Unbilled Receivables IncreaseDecreaseInUnbilledReceivables	59496000	USD
CY2018Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	48207000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	48207000	shares
CY2017Q2	us-gaap	Interest Expense InterestExpense	2511000	USD
	us-gaap	Interest Expense InterestExpense	3963000	USD
CY2018Q2	us-gaap	Interest Expense InterestExpense	3540000	USD
	us-gaap	Interest Expense InterestExpense	10034000	USD
CY2017Q2	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	761000	USD
	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	761000	USD
CY2018Q2	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	0	USD
	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	0	USD
	us-gaap	Interest Paid InterestPaid	3438000	USD
	us-gaap	Interest Paid InterestPaid	7555000	USD
CY2017Q4	us-gaap	Interest Payable Current InterestPayableCurrent	6573000	USD
CY2018Q2	us-gaap	Interest Payable Current InterestPayableCurrent	8013000	USD
CY2017Q4	us-gaap	Inventory Net InventoryNet	55524000	USD
CY2018Q2	us-gaap	Inventory Net InventoryNet	62374000	USD
	us-gaap	Inventory Write Down InventoryWriteDown	259000	USD
	us-gaap	Inventory Write Down InventoryWriteDown	3389000	USD
	us-gaap	Inventory Write Down InventoryWriteDown	3400000	USD
CY2017Q2	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	7600000	USD
	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	9500000	USD
CY2018Q2	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	9400000	USD
	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	17300000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	416851000	USD
CY2018Q2	us-gaap	Liabilities Liabilities	352061000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	852103000	USD
CY2018Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1091557000	USD
CY2017Q4	us-gaap	Liabilities Current LiabilitiesCurrent	220505000	USD
CY2018Q2	us-gaap	Liabilities Current LiabilitiesCurrent	205697000	USD
CY2017Q4	us-gaap	Long Term Debt LongTermDebt	196357000	USD
CY2018Q2	us-gaap	Long Term Debt LongTermDebt	107205000	USD
CY2017Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	11000	USD
CY2018Q2	us-gaap	Long Term Debt Current LongTermDebtCurrent	375000	USD
CY2018Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	1750000	USD
CY2018Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	106028000	USD
CY2018Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	1312000	USD
CY2018Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	1750000	USD
CY2018Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	2188000	USD
CY2017Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	196346000	USD
CY2018Q2	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	106830000	USD
CY2017Q4	us-gaap	Members Equity MembersEquity	392766000	USD
CY2018Q2	us-gaap	Members Equity MembersEquity	0	USD
CY2017Q4	us-gaap	Minority Interest MinorityInterest	0	USD
CY2018Q2	us-gaap	Minority Interest MinorityInterest	315556000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	45561000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-204887000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-137843000	USD
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	13041000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	148451000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	95652000	USD
CY2017	us-gaap	Proceeds From Contributions From Parent ProceedsFromContributionsFromParent	275700000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	109201000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	8705000	USD
	us-gaap	Net Income Loss NetIncomeLoss	140023000	USD
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	0	USD
	us-gaap	Net Income Loss NetIncomeLoss	0	USD
CY2018Q2	us-gaap	Net Income Loss NetIncomeLoss	49595000	USD
	us-gaap	Net Income Loss NetIncomeLoss	73270000	USD
CY2017Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	USD
CY2018Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	45146000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	66753000	USD
CY2018Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	83766000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	123752000	USD
	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	0	USD
CY2017Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	41546000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	51120000	USD
CY2018Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	114211000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	182771000	USD
CY2018Q2	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	122822000	USD
CY2018Q2	us-gaap	Operating Leases Future Minimum Payments Due In Rolling After Year Five OperatingLeasesFutureMinimumPaymentsDueInRollingAfterYearFive	28100000	USD
CY2018Q2	us-gaap	Operating Leases Future Minimum Payments Due In Rolling Year Five OperatingLeasesFutureMinimumPaymentsDueInRollingYearFive	4373000	USD
CY2018Q2	us-gaap	Operating Leases Future Minimum Payments Due In Rolling Year Four OperatingLeasesFutureMinimumPaymentsDueInRollingYearFour	7330000	USD
CY2018Q2	us-gaap	Operating Leases Future Minimum Payments Due In Rolling Year Three OperatingLeasesFutureMinimumPaymentsDueInRollingYearThree	29272000	USD
CY2018Q2	us-gaap	Operating Leases Future Minimum Payments Due In Rolling Year Two OperatingLeasesFutureMinimumPaymentsDueInRollingYearTwo	27245000	USD
CY2018Q2	us-gaap	Operating Leases Future Minimum Payments Next Rolling Twelve Months OperatingLeasesFutureMinimumPaymentsNextRollingTwelveMonths	26502000	USD
CY2017Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	5298000	USD
CY2018Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	11751000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	1224000	USD
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	282000	USD
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	0	USD
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	5882000	USD
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	205151000	USD
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	140861000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	0	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	13041000	USD
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000	shares
CY2018Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	21396000	USD
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	56000000	USD
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	0	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	60000000	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	0	USD
	us-gaap	Profit Loss ProfitLoss	148728000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	667545000	USD
CY2018Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	783387000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	494776000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	264000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	230174000	USD
CY2017Q2	us-gaap	Profit Loss ProfitLoss	39035000	USD
	us-gaap	Profit Loss ProfitLoss	47157000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	3018000	USD
CY2018Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	561014000	USD
CY2018Q2	us-gaap	Purchase Obligation PurchaseObligation	727431000	USD
CY2018Q2	us-gaap	Purchase Obligation Due In Fifth Year PurchaseObligationDueInFifthYear	0	USD
CY2018Q2	us-gaap	Purchase Obligation Due In Fourth Year PurchaseObligationDueInFourthYear	12229000	USD
CY2018Q2	us-gaap	Purchase Obligation Due In Next Twelve Months PurchaseObligationDueInNextTwelveMonths	325960000	USD
CY2018Q2	us-gaap	Purchase Obligation Due In Second Year PurchaseObligationDueInSecondYear	262377000	USD
CY2018Q2	us-gaap	Purchase Obligation Due In Third Year PurchaseObligationDueInThirdYear	126865000	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	119000	USD
	us-gaap	Repayments Of Long Term Capital Lease Obligations RepaymentsOfLongTermCapitalLeaseObligations	0	USD
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	0	USD
	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	30000000	USD
	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	6000000	USD
	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	61535000	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	0	USD
CY2018Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	73270000	USD
CY2017Q2	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	11985000	USD
	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	15161000	USD
CY2018Q2	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	0	USD
	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	4062000	USD
CY2017Q2	us-gaap	Revenue Oil And Gas Services RevenueOilAndGasServices	334740000	USD
	us-gaap	Revenue Oil And Gas Services RevenueOilAndGasServices	583958000	USD
CY2018Q2	us-gaap	Revenue Oil And Gas Services RevenueOilAndGasServices	628084000	USD
	us-gaap	Revenue Oil And Gas Services RevenueOilAndGasServices	1119182000	USD
CY2017Q2	us-gaap	Revenues Revenues	346725000	USD
	us-gaap	Revenues Revenues	599119000	USD
CY2018Q2	us-gaap	Revenues Revenues	628084000	USD
	us-gaap	Revenues Revenues	1123244000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	0	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1196000	USD
	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	46544000	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	220260000	USD
	us-gaap	Stock Issued During Period Value Restricted Stock Award Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures	0	USD
	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	0	USD
	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	25897000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	0	USD
CY2018Q2	us-gaap	Stockholders Equity StockholdersEquity	423940000	USD
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	392766000	USD
CY2018Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	739496000	USD
CY2018Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	401322000	USD
CY2017Q4	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	42486000	USD
CY2018Q2	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	0	USD
CY2017Q4	us-gaap	Unbilled Receivables Current UnbilledReceivablesCurrent	58784000	USD
CY2018Q2	us-gaap	Unbilled Receivables Current UnbilledReceivablesCurrent	118280000	USD
CY2018Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	118638000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	118407000	shares
CY2018Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	69020000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	68977000	shares

Files In Submission

Name	View Source	Status
0001694028-18-000018-index-headers.html	Edgar Link	pending
0001694028-18-000018-index.html	Edgar Link	pending
0001694028-18-000018.txt	Edgar Link	pending
0001694028-18-000018-xbrl.zip	Edgar Link	pending
a311certification-10xq2ndx.htm	Edgar Link	pending
a312certification-10xq2ndx.htm	Edgar Link	pending
a321certification-10xq2ndx.htm	Edgar Link	pending
a322certification-10xq2ndx.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
lbrt-20180630.xml	Edgar Link	completed
lbrt-20180630.xsd	Edgar Link	pending
lbrt-20180630_cal.xml	Edgar Link	unprocessable
lbrt-20180630_def.xml	Edgar Link	unprocessable
lbrt-20180630_lab.xml	Edgar Link	unprocessable
lbrt-20180630_pre.xml	Edgar Link	unprocessable
libertyoilfield630201810-q.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
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R40.htm	Edgar Link	pending
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R45.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$LBRT
Liberty Energy Inc. Stock $lbrt

2018 Q2 Form 10-Q Financial Statement

#000169402818000018 Filed on August 03, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LBRT Liberty Energy Inc. Stock $lbrt

2018 Q2 Form 10-Q Financial Statement

#000169402818000018 Filed on August 03, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LBRT
Liberty Energy Inc. Stock $lbrt