$LBRT
Liberty Energy Inc. Stock $lbrt

$lbrt Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-Q Financial Statement

#000169402824000031 Filed on April 18, 2024

Income Statement

Concept	2024 Q1	2023 Q4
Revenue	$1.073B	$1.075B
YoY Change	-14.97%	-12.29%
Cost Of Revenue	$782.7M	$777.3M
YoY Change	-11.9%	-12.75%
Gross Profit	$290.4M	$297.7M
YoY Change	-22.27%	-11.06%
Gross Profit Margin	27.07%	27.69%
Selling, General & Admin	$52.99M	$55.30M
YoY Change	-0.09%	12.65%
% of Gross Profit	18.24%	18.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$123.2M	$118.4M
YoY Change	30.49%	34.24%
% of Gross Profit	42.41%	39.78%
Operating Expenses	$176.2M	$173.7M
YoY Change	19.49%	26.52%
Operating Profit	$114.3M	$124.0M
YoY Change	-49.24%	-37.2%
Interest Expense	-$7.063M	-$6.364M
YoY Change	-189.51%	-5.8%
% of Operating Profit	-6.18%	-5.13%
Other Income/Expense, Net
YoY Change
Pretax Income	$108.4M	$119.2M
YoY Change	-50.11%	-19.86%
Income Tax	$26.48M	$26.82M
% Of Pretax Income	24.43%	22.5%
Net Earnings	$81.89M	$92.38M
YoY Change	-49.65%	-39.57%
Net Earnings / Revenue	7.63%	8.59%
Basic Earnings Per Share	$0.49
Diluted Earnings Per Share	$0.48	$0.54
COMMON SHARES
Basic Shares Outstanding	166.3M shares
Diluted Shares Outstanding	171.4M shares

Balance Sheet

Concept	2024 Q1	2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$23.79M	$36.78M
YoY Change	13.95%	-15.78%
Cash & Equivalents	$23.79M	$36.78M
Short-Term Investments
Other Short-Term Assets	$94.95M	$124.1M
YoY Change	-20.85%	10.31%
Inventory	$210.1M	$205.9M
Prepaid Expenses
Receivables	$649.2M	$587.5M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$978.0M	$954.3M
YoY Change	-8.61%	-0.25%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.979B	$1.920B
YoY Change	38.27%	27.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$140.9M	$159.0M
YoY Change	35.64%	34.85%
Total Long-Term Assets	$2.120B	$2.079B
YoY Change	25.39%	28.41%
TOTAL ASSETS
Total Short-Term Assets	$978.0M	$954.3M
Total Long-Term Assets	$2.120B	$2.079B
Total Assets	$3.098B	$3.034B
YoY Change	12.21%	17.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$353.4M	$572.0M
YoY Change	-14.32%	-6.19%
Accrued Expenses	$262.8M	$67.40M
YoY Change	9.61%	74.21%
Deferred Revenue	$37.44M	$5.170M
YoY Change	995.17%	32.56%
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$46.15M	$0.00
YoY Change		-100.0%
Total Short-Term Liabilities	$662.4M	$639.4M
YoY Change	-12.24%	-1.55%
LONG-TERM LIABILITIES
Long-Term Debt	$313.6M	$140.0M
YoY Change	49.32%	-35.61%
Other Long-Term Liabilities	$134.9M	$310.4M
YoY Change	-25.6%	47.34%
Total Long-Term Liabilities	$448.4M	$450.4M
YoY Change	113.54%	5.21%
TOTAL LIABILITIES
Total Short-Term Liabilities	$662.4M	$639.4M
Total Long-Term Liabilities	$448.4M	$450.4M
Total Liabilities	$1.213B	$1.192B
YoY Change	3.64%	10.29%
SHAREHOLDERS EQUITY
Retained Earnings	$822.3M	$752.3M
YoY Change	111.89%	220.79%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.884B	$1.841B
YoY Change
Total Liabilities & Shareholders Equity	$3.098B	$3.034B
YoY Change	12.21%	17.77%

Cashflow Statement

Concept	2024 Q1	2023 Q4
OPERATING ACTIVITIES
Net Income	$81.89M	$92.38M
YoY Change	-49.65%	-39.57%
Depreciation, Depletion And Amortization	$123.2M	$118.4M
YoY Change	30.49%	34.24%
Cash From Operating Activities	$159.4M	$294.8M
YoY Change	-21.84%	23.99%
INVESTING ACTIVITIES
Capital Expenditures	$145.0M	$138.1M
YoY Change	8.9%	10.53%
Acquisitions
YoY Change
Other Investing Activities	$2.993M	-$5.830M
YoY Change	-14.09%	-171.41%
Cash From Investing Activities	-$142.0M	-$143.9M
YoY Change	9.52%	23.25%
FINANCING ACTIVITIES
Cash Dividend Paid	$11.64M
YoY Change	32.64%
Common Stock Issuance & Retirement, Net	-$30.17M
YoY Change	-140.41%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-30.23M	-141.0M
YoY Change	-68.86%	39.05%
NET CHANGE
Cash From Operating Activities	159.4M	294.8M
Cash From Investing Activities	-142.0M	-143.9M
Cash From Financing Activities	-30.23M	-141.0M
Net Change In Cash	-12.83M	9.840M
YoY Change	-43.75%	-49.7%
FREE CASH FLOW
Cash From Operating Activities	$159.4M	$294.8M
Capital Expenditures	$145.0M	$138.1M
Free Cash Flow	$14.41M	$156.7M
YoY Change	-79.65%	38.89%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	us-gaap	Operating Lease Income Comprehensive Income Extensible List OperatingLeaseIncomeComprehensiveIncomeExtensibleList	http://fasb.org/us-gaap/2023#Revenues
CY2024Q1	us-gaap	Operating Lease Income Comprehensive Income Extensible List OperatingLeaseIncomeComprehensiveIncomeExtensibleList	http://fasb.org/us-gaap/2023#Revenues
CY2024Q1	lbrt	Other Non Current Assets OtherNonCurrentAssets	140939000	usd
CY2023Q4	lbrt	Other Non Current Assets OtherNonCurrentAssets	158976000	usd
CY2024Q1	us-gaap	Assets Assets	3097619000	usd
CY2023Q4	us-gaap	Assets Assets	3033557000	usd
CY2024Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	315998000	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	293733000	usd
CY2024Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	234895000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	261066000	usd
CY2024Q1	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	0	usd
CY2023Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	12060000	usd
CY2024Q1	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	37444000	usd
CY2023Q4	us-gaap	Contract With Customer Liability Current ContractWithCustomerLiabilityCurrent	5170000	usd
CY2024Q1	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	46146000	usd
CY2023Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	39867000	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	27882000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	27528000	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	662365000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	639424000	usd
CY2024Q1	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	166000000	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	140000000	usd
CY2024Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	102340000	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	102340000	usd
CY2024Q1	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	75027000	usd
CY2023Q4	us-gaap	Accrued Income Taxes Noncurrent AccruedIncomeTaxesNoncurrent	112471000	usd
CY2024Q1	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	147578000	usd
CY2023Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	133654000	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	59825000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	64260000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	1213135000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	1192149000	usd
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2024Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2024Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2024Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2024Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2023Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1070383000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1093498000	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	822256000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	752328000	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-9807000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-6084000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	1884484000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	1841408000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3097619000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3033557000	usd
CY2024Q1	us-gaap	Revenues Revenues	1073125000	usd
CY2023Q1	us-gaap	Revenues Revenues	1262077000	usd
CY2024Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	782680000	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	888416000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	52986000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	53036000	usd
CY2024Q1	lbrt	Transaction Severance And Other Costs TransactionSeveranceAndOtherCosts	0	usd
CY2023Q1	lbrt	Transaction Severance And Other Costs TransactionSeveranceAndOtherCosts	617000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	123186000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	94401000	usd
CY2024Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	1160000	usd
CY2023Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-487000	usd
CY2024Q1	us-gaap	Costs And Expenses CostsAndExpenses	957692000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	1036957000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	115433000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	225120000	usd
CY2024Q1	us-gaap	Interest Income Other InterestIncomeOther	478000	usd
CY2023Q1	us-gaap	Interest Income Other InterestIncomeOther	373000	usd
CY2024Q1	lbrt	Interest Expense Excluding Related Party Transactions InterestExpenseExcludingRelatedPartyTransactions	7541000	usd
CY2023Q1	lbrt	Interest Expense Excluding Related Party Transactions InterestExpenseExcludingRelatedPartyTransactions	8264000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	7063000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	7891000	usd
CY2024Q1	us-gaap	Income Loss Including Portion Attributable To Noncontrolling Interest IncomeLossIncludingPortionAttributableToNoncontrollingInterest	108370000	usd
CY2023Q1	us-gaap	Income Loss Including Portion Attributable To Noncontrolling Interest IncomeLossIncludingPortionAttributableToNoncontrollingInterest	217229000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	26478000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	54483000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	81892000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	162746000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	91000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	81892000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	162655000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.49
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.92
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.48
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.90
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	166325000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	176569000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	171441000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	181088000	shares
CY2024Q1	us-gaap	Profit Loss ProfitLoss	81892000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	162746000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-3723000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-470000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	78169000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	162276000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	0	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	92000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	78169000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	162184000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1841408000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.07
CY2024Q1	us-gaap	Dividends Dividends	11964000	usd
CY2024Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	30167000	usd
CY2024Q1	lbrt	Excise Taxes On Share Repurchases Value ExciseTaxesOnShareRepurchasesValue	289000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	7327000	usd
CY2024Q1	lbrt	Stock Issued During Period Value Restricted Stock Award Vesting StockIssuedDuringPeriodValueRestrictedStockAwardVesting	0	usd
CY2024Q1	lbrt	Foreign Currency Translation Adjustment ForeignCurrencyTranslationAdjustment	-3723000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	81892000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1884484000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1497306000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	0	usd
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CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.05
CY2023Q1	us-gaap	Dividends Dividends	9116000	usd
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CY2024Q1	us-gaap	Profit Loss ProfitLoss	81892000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	162746000	usd
CY2024Q1	lbrt	Depreciation And Amortization Excluding Amortization Of Debt Issuance Costs DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts	123186000	usd
CY2023Q1	lbrt	Depreciation And Amortization Excluding Amortization Of Debt Issuance Costs DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts	94401000	usd
CY2024Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	1160000	usd
CY2023Q1	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-487000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	7327000	usd
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CY2023Q1	lbrt	Other Non Cash Items Net OtherNonCashItemsNet	2037000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	93580000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	136514000	usd
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CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable Related Parties IncreaseDecreaseInAccountsReceivableRelatedParties	11458000	usd
CY2024Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	4604000	usd
CY2023Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-17790000	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-16350000	usd
CY2023Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	14917000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-15583000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	82438000	usd
CY2024Q1	lbrt	Operating Lease Liability Prepayment OperatingLeaseLiabilityPrepayment	407000	usd
CY2023Q1	lbrt	Operating Lease Liability Prepayment OperatingLeaseLiabilityPrepayment	249000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	159396000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	203939000	usd
CY2024Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	144986000	usd
CY2023Q1	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	133138000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	2993000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	3484000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-141993000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-129654000	usd
CY2024Q1	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	573000000	usd
CY2023Q1	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	242000000	usd
CY2024Q1	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	547000000	usd
CY2023Q1	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	147000000	usd
CY2024Q1	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	0	usd
CY2023Q1	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	104716000	usd
CY2024Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	9254000	usd
CY2023Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	2165000	usd
CY2024Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	11642000	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	8777000	usd
CY2024Q1	lbrt	Payments Of Payables Pursuant To Tax Receivable Agreements PaymentsOfPayablesPursuantToTaxReceivableAgreements	5170000	usd
CY2023Q1	lbrt	Payments Of Payables Pursuant To Tax Receivable Agreements PaymentsOfPayablesPursuantToTaxReceivableAgreements	0	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	30167000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	74648000	usd
CY2024Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	0	usd
CY2023Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	223000	usd
CY2024Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	usd
CY2023Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	1566000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-30233000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-97095000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-12830000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-22810000	usd
CY2024Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-166000	usd
CY2023Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	10000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	36784000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	43676000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	23788000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	20876000	usd
CY2024Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	16694000	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	-3473000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	7450000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	5765000	usd
CY2024Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	97993000	usd
CY2023Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	126847000	usd
CY2024Q1	lbrt	Capital Expenditures Funded Through Issuance Of Equity CapitalExpendituresFundedThroughIssuanceOfEquity	18291000	usd
CY2023Q1	lbrt	Capital Expenditures Funded Through Issuance Of Equity CapitalExpendituresFundedThroughIssuanceOfEquity	8060000	usd
CY2024Q1	lbrt	Capital Expenditures Reclassified From Finance Lease Right Of Use Assets CapitalExpendituresReclassifiedFromFinanceLeaseRightOfUseAssets	6894000	usd
CY2023Q1	lbrt	Capital Expenditures Reclassified From Finance Lease Right Of Use Assets CapitalExpendituresReclassifiedFromFinanceLeaseRightOfUseAssets	0	usd
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2024Q1	us-gaap	Inventory Net InventoryNet	210060000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	205865000	usd
CY2024Q1	us-gaap	Inventory Write Down InventoryWriteDown	0	usd
CY2023	us-gaap	Inventory Write Down InventoryWriteDown	5800000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	3120541000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	2990459000	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1610349000	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1501685000	usd
CY2024Q1	lbrt	Property Plant And Equipment Before Construction In Progress Net PropertyPlantAndEquipmentBeforeConstructionInProgressNet	1510192000	usd
CY2023Q4	lbrt	Property Plant And Equipment Before Construction In Progress Net PropertyPlantAndEquipmentBeforeConstructionInProgressNet	1488774000	usd
CY2024Q1	us-gaap	Construction In Progress Gross ConstructionInProgressGross	184040000	usd
CY2023Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	156594000	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1694232000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1645368000	usd
CY2024Q1	us-gaap	Depreciation Depreciation	110900000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	88400000	usd
CY2024Q1	us-gaap	Depletion Depletion	300000	usd
CY2023Q1	us-gaap	Depletion Depletion	300000	usd
CY2024Q1	us-gaap	Land Available For Sale LandAvailableForSale	1200000	usd
CY2024Q1	lbrt	Real Estate Building Held For Sale RealEstateBuildingHeldForSale	2800000	usd
CY2024Q1	lbrt	Number Of Property Available For Sale NumberOfPropertyAvailableForSale	2	property
CY2024Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	usd
CY2023Q4	us-gaap	Land Available For Sale LandAvailableForSale	700000	usd
CY2023Q4	lbrt	Real Estate Building Held For Sale RealEstateBuildingHeldForSale	800000	usd
CY2023Q4	lbrt	Number Of Property Available For Sale NumberOfPropertyAvailableForSale	1	property
CY2023Q1	us-gaap	Land Available For Sale LandAvailableForSale	1100000	usd
CY2023Q1	lbrt	Real Estate Building Held For Sale RealEstateBuildingHeldForSale	6200000	usd
CY2023Q1	lbrt	Number Of Property Available For Sale NumberOfPropertyAvailableForSale	2	property
CY2023Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	usd
CY2024Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	8911000	usd
CY2023Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	2236000	usd
CY2024Q1	lbrt	Finance Lease Interest On Lease Liabilities FinanceLeaseInterestOnLeaseLiabilities	3373000	usd
CY2023Q1	lbrt	Finance Lease Interest On Lease Liabilities FinanceLeaseInterestOnLeaseLiabilities	694000	usd
CY2024Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	9035000	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	10574000	usd
CY2024Q1	us-gaap	Variable Lease Cost VariableLeaseCost	1767000	usd
CY2023Q1	us-gaap	Variable Lease Cost VariableLeaseCost	1246000	usd
CY2024Q1	us-gaap	Short Term Lease Cost ShortTermLeaseCost	1022000	usd
CY2023Q1	us-gaap	Short Term Lease Cost ShortTermLeaseCost	2051000	usd
CY2024Q1	us-gaap	Lease Cost LeaseCost	24108000	usd
CY2023Q1	us-gaap	Lease Cost LeaseCost	16801000	usd
CY2024Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	9055000	usd
CY2023Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	9877000	usd
CY2024Q1	lbrt	Finance Lease Principal Payments Gross FinanceLeasePrincipalPaymentsGross	12627000	usd
CY2023Q1	lbrt	Finance Lease Principal Payments Gross FinanceLeasePrincipalPaymentsGross	2936000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	4242000	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	4562000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	30138000	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	2789000	usd
CY2024Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P4Y2M12D
CY2023Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P4Y3M18D
CY2024Q1	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P3Y3M18D
CY2023Q4	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P3Y3M18D
CY2024Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.061
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.060
CY2024Q1	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.079
CY2023Q4	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.080
CY2024Q1	us-gaap	Finance Lease Liability Payments Remainder Of Fiscal Year FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear	43633000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	24083000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	58721000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	30609000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	60803000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	19423000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	31915000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	9538000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	23539000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	2574000	usd
CY2024Q1	lbrt	Finance Lease Liability Payments Due After Year Four FinanceLeaseLiabilityPaymentsDueAfterYearFour	7021000	usd
CY2024Q1	lbrt	Lessee Operating Lease Liability Payments Due After Year Four LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour	12569000	usd
CY2024Q1	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	225632000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	98796000	usd
CY2024Q1	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	31908000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	11089000	usd
CY2024Q1	us-gaap	Finance Lease Liability FinanceLeaseLiability	193724000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	87707000	usd
CY2024Q1	us-gaap	Operating Lease Residual Value Of Leased Asset OperatingLeaseResidualValueOfLeasedAsset	14800000	usd
CY2024Q1	us-gaap	Property Subject To Or Available For Operating Lease Gross PropertySubjectToOrAvailableForOperatingLeaseGross	141932000	usd
CY2023Q4	us-gaap	Property Subject To Or Available For Operating Lease Gross PropertySubjectToOrAvailableForOperatingLeaseGross	138781000	usd
CY2024Q1	us-gaap	Property Subject To Or Available For Operating Lease Accumulated Depreciation PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation	31301000	usd
CY2023Q4	us-gaap	Property Subject To Or Available For Operating Lease Accumulated Depreciation PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation	25819000	usd
CY2024Q1	us-gaap	Property Subject To Or Available For Operating Lease Net PropertySubjectToOrAvailableForOperatingLeaseNet	110631000	usd
CY2023Q4	us-gaap	Property Subject To Or Available For Operating Lease Net PropertySubjectToOrAvailableForOperatingLeaseNet	112962000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	6353000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	5412000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	2239000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	0	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	0	usd
CY2024Q1	lbrt	Lessor Operating Lease Payment To Be Received After Year Four LessorOperatingLeasePaymentToBeReceivedAfterYearFour	0	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	14004000	usd
CY2023Q4	us-gaap	Assets Held For Sale Long Lived Fair Value Disclosure AssetsHeldForSaleLongLivedFairValueDisclosure	800000	usd
CY2024Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	9100000	usd
CY2023Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	8600000	usd
CY2024Q1	lbrt	Accrued Vendor Invoices Current AccruedVendorInvoicesCurrent	101294000	usd
CY2023Q4	lbrt	Accrued Vendor Invoices Current AccruedVendorInvoicesCurrent	99620000	usd
CY2024Q1	lbrt	Operational Accruals Current OperationalAccrualsCurrent	52252000	usd
CY2023Q4	lbrt	Operational Accruals Current OperationalAccrualsCurrent	61150000	usd
CY2024Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	81349000	usd
CY2023Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	100296000	usd
CY2024Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	234895000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	261066000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	0	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	0	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	0	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	0	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	166000000	usd
CY2024Q1	lbrt	Long Term Debt Maturity After Year Four LongTermDebtMaturityAfterYearFour	0	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	166000000	usd
CY2024Q1	us-gaap	Land Available For Sale LandAvailableForSale	1200000	usd
CY2024Q1	lbrt	Real Estate Building Held For Sale RealEstateBuildingHeldForSale	2800000	usd
CY2024Q1	lbrt	Number Of Property Available For Sale NumberOfPropertyAvailableForSale	2	property
CY2024Q1	us-gaap	Assets Held For Sale Long Lived Fair Value Disclosure AssetsHeldForSaleLongLivedFairValueDisclosure	3400000	usd
CY2024Q1	lbrt	Number Of Property Available For Sale NumberOfPropertyAvailableForSale	2	property
CY2024Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	usd
CY2023Q4	us-gaap	Land Available For Sale LandAvailableForSale	700000	usd
CY2023Q4	lbrt	Real Estate Building Held For Sale RealEstateBuildingHeldForSale	800000	usd
CY2023Q4	lbrt	Number Of Property Available For Sale NumberOfPropertyAvailableForSale	1	property
CY2023Q4	lbrt	Number Of Property Available For Sale NumberOfPropertyAvailableForSale	1	property
CY2024Q1	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	300000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents Fair Value Disclosure CashAndCashEquivalentsFairValueDisclosure	300000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	23800000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	36800000	usd
CY2024Q1	lbrt	Contract With Customer Customer Payment Terms ContractWithCustomerCustomerPaymentTerms	P45D
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	900000	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	900000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	939000	usd
CY2024Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable Write Offs AllowanceForDoubtfulAccountsReceivableWriteOffs	0	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	939000	usd
CY2024Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	391800000	usd
CY2024Q1	lbrt	Stock Repurchase Accrued Excise Tax StockRepurchaseAccruedExciseTax	300000	usd
CY2023Q1	lbrt	Stock Repurchase Accrued Excise Tax StockRepurchaseAccruedExciseTax	500000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	81892000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	162655000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	166325000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	176569000	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.49
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.92
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	81892000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	162655000	usd
CY2024Q1	us-gaap	Dilutive Securities DilutiveSecurities	0	usd
CY2023Q1	us-gaap	Dilutive Securities DilutiveSecurities	70000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	81892000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	162725000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	166325000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	176569000	shares
CY2024Q1	lbrt	Incremental Common Shares Attributable To Dilutive Effect Of Restricted Stock Units IncrementalCommonSharesAttributableToDilutiveEffectOfRestrictedStockUnits	5116000	shares
CY2023Q1	lbrt	Incremental Common Shares Attributable To Dilutive Effect Of Restricted Stock Units IncrementalCommonSharesAttributableToDilutiveEffectOfRestrictedStockUnits	4433000	shares
CY2024Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	86000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	171441000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	181088000	shares
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.48
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.90
CY2024Q1	us-gaap	Effective Income Tax Rate Reconciliation Deductions EffectiveIncomeTaxRateReconciliationDeductions	0.244
CY2023Q1	us-gaap	Effective Income Tax Rate Reconciliation Deductions EffectiveIncomeTaxRateReconciliationDeductions	0.251
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	26500000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	54500000	usd
CY2024Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	102300000	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	102300000	usd
CY2018Q1	lbrt	Number Of Tax Receivable Agreements NumberOfTaxReceivableAgreements	2	property
CY2023Q1	lbrt	Increase In Deferred Tax Asset IncreaseInDeferredTaxAsset	7800000	usd
CY2024Q1	us-gaap	Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear	84498000	usd
CY2024Q1	us-gaap	Purchase Obligation Due In Next Twelve Months PurchaseObligationDueInNextTwelveMonths	12960000	usd
CY2024Q1	us-gaap	Purchase Obligation Due In Second Year PurchaseObligationDueInSecondYear	0	usd
CY2024Q1	us-gaap	Purchase Obligation Due In Third Year PurchaseObligationDueInThirdYear	0	usd
CY2024Q1	us-gaap	Purchase Obligation Due In Fourth Year PurchaseObligationDueInFourthYear	0	usd
CY2024Q1	lbrt	Purchase Obligation To Be Paid After Year Four PurchaseObligationToBePaidAfterYearFour	0	usd
CY2024Q1	us-gaap	Purchase Obligation PurchaseObligation	97458000	usd
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CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001694028-24-000031-index-headers.html	Edgar Link	pending
0001694028-24-000031-index.html	Edgar Link	pending
0001694028-24-000031.txt	Edgar Link	pending
0001694028-24-000031-xbrl.zip	Edgar Link	pending
a311certq124.htm	Edgar Link	pending
a312certq124.htm	Edgar Link	pending
a321certq124.htm	Edgar Link	pending
a322certq124.htm	Edgar Link	pending
ex95miningdisclosuresq12024.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
lbrt-20240331.htm	Edgar Link	pending
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Liberty Energy Inc. Stock $lbrt

2024 Q1 Form 10-Q Financial Statement

#000169402824000031 Filed on April 18, 2024

Income Statement

Balance Sheet

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$LBRT Liberty Energy Inc. Stock $lbrt

2024 Q1 Form 10-Q Financial Statement

#000169402824000031 Filed on April 18, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LBRT
Liberty Energy Inc. Stock $lbrt