Rhea-AI Impact
Rhea-AI Sentiment
Rhea-AI Summary
Liberty Energy Inc. (NYSE: LBRT) has announced a quarterly cash dividend of $0.07 per share of Class A common stock, payable on June 20, 2024, to shareholders of record as of June 6, 2024. The Board of Directors will continue to evaluate future dividend declarations based on market conditions and capital availability.
Positive
- The announcement of a $0.07 per share quarterly cash dividend for Liberty Energy Inc. (NYSE: LBRT) demonstrates the company’s commitment to rewarding its shareholders.
- Shareholders of record as of June 6, 2024, will receive the dividend payment on June 20, 2024.
- The Board of Directors will assess future dividend declarations based on market conditions and capital availability, indicating a prudent approach to managing shareholder returns.
DENVER–(BUSINESS WIRE)– Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today that its Board of Directors (the “Board”) has declared a dividend of $0.07 per share of Class A common stock, to be paid on June 20, 2024, to holders of record as of June 6, 2024.
Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board’s continuing determination that the declarations of dividends are in the best interests of Liberty and its stockholders. Future dividends may be adjusted at the Board’s discretion based on market conditions and capital availability.
About Liberty
Liberty is a leading North American energy services firm that offers one of the most innovative suites of completion services and technologies to onshore oil and natural gas exploration and production companies. Liberty was founded in 2011 with a relentless focus on developing and delivering next generation technology for the sustainable development of unconventional energy resources in partnership with our customers. Liberty is headquartered in Denver, Colorado. For more information about Liberty, please contact Investor Relations at IR@libertyenergy.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240416945811/en/
Michael Stock
Chief Financial Officer
Anjali Voria, CFA
Director of Investor Relations
303-515-2851
Source: Liberty Energy Inc.
Liberty Energy Inc. (NYSE: LBRT) has declared a dividend of $0.07 per share of Class A common stock.
The dividend will be paid on June 20, 2024, to shareholders of record as of June 6, 2024.
Future dividends may be adjusted at the Board’s discretion based on market conditions and capital availability.
NYSE:LBRT
LBRT Rankings
#1046 Ranked by Stock Gains
LBRT Latest News
LBRT Stock Data
Support Activities for Oil and Gas Operations
Mining, Quarrying, and Oil and Gas Extraction
Industrial Services, Oilfield Services/Equipment, Mining, Quarrying, and Oil and Gas Extraction, Support Activities for Oil and Gas Operations
About LBRT
liberty oilfield services llc (los) is an innovative oilfield service company providing specialized stimulation services to optimize production. we focus on offering safe, efficient and high-quality hydraulic fracturing services, aiming to become the vendor of choice for operators in the williston, dj, powder river, permian and eagle ford basins. our goal is to provide frac design and execution with a real-data focus to optimize field development and improve production enhancement strategies for our clients.
