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Liberty Energy Inc. Announces 14% Increase in Quarterly Cash Dividend

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Liberty Energy Inc. (NYSE: LBRT) has announced a 14% increase in its quarterly cash dividend. The Board of Directors has declared a dividend of $0.08 per share of Class A common stock, up from the previous $0.07 per share. This dividend will be paid on December 20, 2024, to shareholders of record as of December 6, 2024.

CEO Chris Wright stated that this increase aligns with Liberty's long-term goal of generating strong total shareholder value, including a balanced return of capital program. The company's focus on investing in innovative businesses and leading-edge technologies is expected to expand its competitive advantage and market opportunities in the coming years.

It's important to note that future dividend declarations are subject to Board approval and may be adjusted based on market conditions and capital availability.

Liberty Energy Inc. (NYSE: LBRT) ha annunciato un aumento del 14% del suo dividendo in contante trimestrale. Il Consiglio di Amministrazione ha dichiarato un dividendo di $0.08 per azione delle azioni comuni di Classe A, rispetto ai precedenti $0.07 per azione. Questo dividendo sarà pagato il 20 dicembre 2024 agli azionisti registrati al 6 dicembre 2024.

Il CEO Chris Wright ha dichiarato che questo aumento è in linea con l'obiettivo a lungo termine di Liberty di generare un forte valore totale per gli azionisti, inclusa un programma di ritorno di capitale bilanciato. L'attenzione dell'azienda sull'investimento in attività innovative e tecnologie all'avanguardia dovrebbe ampliare il suo vantaggio competitivo e le opportunità di mercato nei prossimi anni.

È importante notare che le future dichiarazioni di dividendi sono soggette all'approvazione del Consiglio e potrebbero essere modificate in base alle condizioni di mercato e alla disponibilità di capitale.

Liberty Energy Inc. (NYSE: LBRT) ha anunciado un aumento del 14% en su dividendo trimestral en efectivo. La Junta Directiva ha declarado un dividendo de $0.08 por acción de acciones comunes Clase A, en comparación con el anterior de $0.07 por acción. Este dividendo se pagará el 20 de diciembre de 2024 a los accionistas registrados a partir del 6 de diciembre de 2024.

El CEO Chris Wright afirmó que este aumento se alinea con el objetivo a largo plazo de Liberty de generar un fuerte valor total para los accionistas, incluyendo un programa equilibrado de retorno de capital. El enfoque de la empresa en invertir en negocios innovadores y tecnologías de vanguardia se espera que amplíe su ventaja competitiva y las oportunidades de mercado en los próximos años.

Es importante señalar que las futuras declaraciones de dividendos están sujetas a la aprobación de la Junta y pueden ser ajustadas en función de las condiciones del mercado y la disponibilidad de capital.

리버티 에너지 주식회사 (NYSE: LBRT)는 분기 현금 배당금이 14% 증가하였다고 발표했습니다. 이사회는 클래스 A 보통주에 대해 주당 $0.08의 배당금을 선언하였으며, 이는 이전의 주당 $0.07에서 증가한 것입니다. 이 배당금은 2024년 12월 20일2024년 12월 6일 기준 주주에게 지급될 예정입니다.

CEO 크리스 라이트는 이번 증가가 리버티의 장기적인 목표인 강력한 전체 주주 가치를 생성하는 것, 즉 자본 반환 프로그램의 균형 잡힌 운영과 일치한다고 밝혔습니다. 회사는 혁신적인 사업과 최첨단 기술에 대한 투자를 집중하여 앞으로 몇 년 간 경쟁 우위 및 시장 기회를 확대할 것으로 기대하고 있습니다.

미래의 배당금 선언은 이사회의 승인에 따라 달라질 수 있으며, 시장 상황과 자본 가용성에 따라 조정될 수 있습니다.

Liberty Energy Inc. (NYSE: LBRT) a annoncé une augmentation de 14% de son dividende en espèces trimestriel. Le conseil d'administration a déclaré un dividende de 0,08 $ par action des actions ordinaires de Classe A, contre 0,07 $ par action précédemment. Ce dividende sera versé le 20 décembre 2024 aux actionnaires inscrits au 6 décembre 2024.

Le PDG Chris Wright a déclaré que cette augmentation s'inscrit dans l'objectif à long terme de Liberty de générer une forte valeur totale pour les actionnaires, y compris un programme d'équilibre de retour de capital. L'accent mis par l'entreprise sur l'investissement dans des entreprises innovantes et des technologies de pointe devrait élargir son avantage concurrentiel et ses opportunités de marché dans les années à venir.

Il est important de noter que les déclarations de dividendes futures sont soumises à l'approbation du conseil et peuvent être ajustées en fonction des conditions du marché et de la disponibilité du capital.

Liberty Energy Inc. (NYSE: LBRT) hat eine 14%ige Erhöhung seiner vierteljährlichen Bar-Dividende bekannt gegeben. Der Vorstand hat eine Dividende von 0,08 $ pro Aktie der Stammaktien der Klasse A erklärt, im Vergleich zu den vorherigen 0,07 $ pro Aktie. Diese Dividende wird am 20. Dezember 2024 an die Aktionäre gezahlt, die am 6. Dezember 2024 im Aktienregister stehen.

CEO Chris Wright erklärte, dass diese Erhöhung mit Libertys langfristigem Ziel übereinstimmt, einen starken Gesamtwert für die Aktionäre zu generieren, einschließlich eines ausgewogenen Kapitalrückgabeprogramms. Das Unternehmen konzentriert sich darauf, in innovative Geschäfte und modernste Technologien zu investieren, um seinen Wettbewerbsvorteil und Marktchancen in den kommenden Jahren zu erweitern.

Es ist wichtig zu beachten, dass zukünftige Dividendenerklärungen der Zustimmung des Vorstands unterliegen und je nach Marktbedingungen und Kapitalverfügbarkeit angepasst werden können.

Positive
  • 14% increase in quarterly cash dividend
  • Dividend raised from $0.07 to $0.08 per share
  • Investment in innovative businesses and technologies to expand competitive advantage
  • Focus on generating strong total shareholder value
Negative
  • None.

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 $0.08 per share of Class A common stock, to be paid on December 20, 2024, to holders of record as of December 6, 2024. This dividend represents a 14% increase from the prior regular quarterly dividend of $0.07 per share.

“Liberty’s disciplined investment in innovative businesses and leading edge technologies expands our competitive advantage and increases our market opportunities in the coming years. We are increasing our quarterly cash dividend by 14%, consistent with our long-term objective of generating strong total shareholder value including a balanced return of capital program,” commented Chris Wright, Chief Executive Officer.

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.

Michael Stock

Chief Financial Officer

Anjali Voria, CFA

Director of Investor Relations

303-515-2851

IR@libertyenergy.com

Source: Liberty Energy Inc.

FAQ

What is the new quarterly dividend amount for Liberty Energy (LBRT)?

Liberty Energy (LBRT) has increased its quarterly dividend to $0.08 per share of Class A common stock, up from $0.07 previously.

When will Liberty Energy (LBRT) pay its next dividend?

Liberty Energy (LBRT) will pay its next dividend on December 20, 2024, to shareholders of record as of December 6, 2024.

By what percentage did Liberty Energy (LBRT) increase its dividend?

Liberty Energy (LBRT) increased its quarterly dividend by 14%, from $0.07 to $0.08 per share.

What is Liberty Energy's (LBRT) strategy for shareholder value?

Liberty Energy (LBRT) aims to generate strong total shareholder value through a balanced return of capital program, including dividend payments and investments in innovative technologies.

Liberty Energy Inc.

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Oil & Gas Equipment & Services
Oil & Gas Field Services, Nec
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United States of America
DENVER