10-K Filing

Liberty Energy Inc. CIK: 1694028 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001694028-23-000010`
Period End Date	20221231
Filing Date	20230210
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	lbrt-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 72 Cash Flow Statement 140 Stockholders Equity 14 Comprehensive Income 15

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Allowance for bad debts	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$884.00K	USD	Point-in-time
Allowance for bad debts	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$884.00K	USD	Point-in-time
Unbilled receivables, related parties	`UnbilledReceivablesRelatedPartiesCurrent`	$13.85M	USD	Point-in-time
Unbilled receivables, related parties	`UnbilledReceivablesRelatedPartiesCurrent`	-	USD	Point-in-time
Other assets, related parties	`OtherAssetsRelatedPartiesNoncurrent`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.00M	USD	Point-in-time
Other assets, related parties	`OtherAssetsRelatedPartiesNoncurrent`	$11.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.68M	USD	Point-in-time
Accounts payable, related parties	`AccountsPayableRelatedPartiesCurrent`	$2.63M	USD	Point-in-time
Accounts receivabletrade, net of allowances for credit losses of $884 and $884, respectively	`AccountsReceivableNetCurrent`	$298.53M	USD	Point-in-time
Accounts receivabletrade, net of allowances for credit losses of $884 and $884, respectively	`AccountsReceivableNetCurrent`	$410.31M	USD	Point-in-time
Accounts payable, related parties	`AccountsPayableRelatedPartiesCurrent`	$2.73M	USD	Point-in-time
Unbilled revenue (including amounts from related parties of $13,854 and $0, respectively)	`UnbilledReceivablesCurrent`	$175.70M	USD	Point-in-time
Accrued liabilities, related parties	`AccruedLiabilitiesRelatedPartiesCurrent`	$730.00K	USD	Point-in-time
Unbilled revenue (including amounts from related parties of $13,854 and $0, respectively)	`UnbilledReceivablesCurrent`	$108.92M	USD	Point-in-time
Accrued liabilities, related parties	`AccruedLiabilitiesRelatedPartiesCurrent`	$1.14M	USD	Point-in-time
Inventories	`InventoryNet`	$134.59M	USD	Point-in-time
Inventories	`InventoryNet`	$214.45M	USD	Point-in-time
Current portion of long-term debt, discount	`DebtInstrumentUnamortizedDiscountCurrent`	$730.00K	USD	Point-in-time
Current portion of long-term debt, discount	`DebtInstrumentUnamortizedDiscountCurrent`	$743.00K	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$112.53M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$68.33M	USD	Point-in-time
Long-term debt, discount	`DebtInstrumentUnamortizedDiscountNoncurrent`	$540.00K	USD	Point-in-time
Long-term debt, discount	`DebtInstrumentUnamortizedDiscountNoncurrent`	$1.27M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$956.67M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$630.38M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.36B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.20B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$18.20M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$41.77M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$97.23M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$109.90M	USD	Point-in-time
Other assets (including amounts from related parties of $11,799 and $0, respectively)	`OtherAssetsNoncurrent`	$105.30M	USD	Point-in-time
Other assets (including amounts from related parties of $11,799 and $0, respectively)	`OtherAssetsNoncurrent`	$82.29M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$12.59M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$607.00K	USD	Point-in-time
Total assets	`Assets`	$2.58B	USD	Point-in-time
Total assets	`Assets`	$2.04B	USD	Point-in-time
Accounts payable (including payables to related parties of $2,629 and $2,732, respectively)	`AccountsPayableCurrent`	$288.80M	USD	Point-in-time
Accounts payable (including payables to related parties of $2,629 and $2,732, respectively)	`AccountsPayableCurrent`	$326.82M	USD	Point-in-time
Accrued liabilities (including amounts due to related parties of $730 and $1,142, respectively)	`AccruedLiabilitiesCurrent`	$235.12M	USD	Point-in-time
Accrued liabilities (including amounts due to related parties of $730 and $1,142, respectively)	`AccruedLiabilitiesCurrent`	$279.11M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$3.86M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$4.55M	USD	Point-in-time
Current portion of long-term debt, net of discount of $730 and $743, respectively	`LongTermDebtCurrent`	$1.02M	USD	Point-in-time
Current portion of long-term debt, net of discount of $730 and $743, respectively	`LongTermDebtCurrent`	$1.01M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$11.39M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$8.74M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$27.29M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$31.03M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$649.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$569.25M	USD	Point-in-time
Long-term debt, net of discount of $540 and $1,270, respectively, less current portion	`LongTermDebtNoncurrent`	$217.43M	USD	Point-in-time
Long-term debt, net of discount of $540 and $1,270, respectively, less current portion	`LongTermDebtNoncurrent`	$121.44M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$563.00K	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$1.04M	USD	Point-in-time
Payable pursuant to tax receivable agreements	`AccruedIncomeTaxesNoncurrent`	$37.55M	USD	Point-in-time
Payable pursuant to tax receivable agreements	`AccruedIncomeTaxesNoncurrent`	$118.87M	USD	Point-in-time
Noncurrent portion of finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$4.45M	USD	Point-in-time
Noncurrent portion of finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$22.49M	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$76.97M	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$69.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.08B	USD	Point-in-time
Total liabilities	`Liabilities`	$810.22M	USD	Point-in-time
Commitments & contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments & contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred Stock, $0.01 par value, 10,000 shares authorized and none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred Stock, $0.01 par value, 10,000 shares authorized and none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.27B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.37B	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$234.53M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-155.95M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-306.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.50B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.21B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$2.29M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$17.20M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.04B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.58B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$4.00B	USD	Annual
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$965.79M	USD	Annual
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$2.45B	USD	Annual
Revenuerelated parties	`RevenueFromRelatedParties`	-	USD	Annual
Revenuerelated parties	`RevenueFromRelatedParties`	$23.64M	USD	Annual
Revenuerelated parties	`RevenueFromRelatedParties`	$148.45M	USD	Annual
Total revenue	`Revenues`	$4.15B	USD	Annual
Total revenue	`Revenues`	$965.79M	USD	Annual
Total revenue	`Revenues`	$2.47B	USD	Annual
Cost of services (exclusive of depreciation, depletion, and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$857.98M	USD	Annual
Cost of services (exclusive of depreciation, depletion, and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$2.25B	USD	Annual
Cost of services (exclusive of depreciation, depletion, and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$3.15B	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$180.04M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$84.10M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$123.41M	USD	Annual
Transaction, severance, and other costs	`TransactionSeveranceAndOtherCosts`	$5.84M	USD	Annual
Transaction, severance, and other costs	`TransactionSeveranceAndOtherCosts`	$15.14M	USD	Annual
Transaction, severance, and other costs	`TransactionSeveranceAndOtherCosts`	$21.06M	USD	Annual
Depreciation, depletion, and amortization	`DepreciationDepletionAndAmortization`	$262.76M	USD	Annual
Depreciation, depletion, and amortization	`DepreciationDepletionAndAmortization`	$323.03M	USD	Annual
Depreciation, depletion, and amortization	`DepreciationDepletionAndAmortization`	$180.08M	USD	Annual
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-779.00K	USD	Annual
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$411.00K	USD	Annual
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$4.60M	USD	Annual
Total operating costs and expenses	`CostsAndExpenses`	$1.14B	USD	Annual
Total operating costs and expenses	`CostsAndExpenses`	$3.65B	USD	Annual
Total operating costs and expenses	`CostsAndExpenses`	$2.65B	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$495.89M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$-177.03M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$-181.22M	USD	Annual
Loss (gain) on remeasurement of liability under tax receivable agreements	`GainLossOnRemeasurementOfLiabilityUnderTaxReceivableAgreement`	-	USD	Annual
Loss (gain) on remeasurement of liability under tax receivable agreements	`GainLossOnRemeasurementOfLiabilityUnderTaxReceivableAgreement`	$-76.19M	USD	Annual
Loss (gain) on remeasurement of liability under tax receivable agreements	`GainLossOnRemeasurementOfLiabilityUnderTaxReceivableAgreement`	$19.04M	USD	Annual
Gain on investments	`GainLossOnInvestments`	-	USD	Annual
Gain on investments	`GainLossOnInvestments`	$2.52M	USD	Annual
Gain on investments	`GainLossOnInvestments`	-	USD	Annual
Interest incomerelated party	`InterestIncomeRelatedParty`	-	USD	Annual
Interest incomerelated party	`InterestIncomeRelatedParty`	-	USD	Annual
Interest incomerelated party	`InterestIncomeRelatedParty`	$263.00K	USD	Annual
Interest expense, net	`InterestExpenseExcludingRelatedPartyTransactions`	$14.77M	USD	Annual
Interest expense, net	`InterestExpenseExcludingRelatedPartyTransactions`	$22.71M	USD	Annual
Interest expense, net	`InterestExpenseExcludingRelatedPartyTransactions`	$15.60M	USD	Annual
Total other expense (income), net	`NonoperatingIncomeExpense`	$3.44M	USD	Annual
Total other expense (income), net	`NonoperatingIncomeExpense`	$-14.51M	USD	Annual
Total other expense (income), net	`NonoperatingIncomeExpense`	$-96.38M	USD	Annual
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-191.53M	USD	Annual
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-177.79M	USD	Annual
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$399.51M	USD	Annual
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-30.86M	USD	Annual
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$9.22M	USD	Annual
Income tax (benefit) expense	`IncomeTaxExpenseBenefit`	$-793.00K	USD	Annual
Net income (loss)	`ProfitLoss`	$-187.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$-160.67M	USD	Annual
Net income (loss)	`ProfitLoss`	$400.30M	USD	Annual
Less: Net income (loss) attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-45.09M	USD	Annual
Less: Net income (loss) attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$700.00K	USD	Annual
Less: Net income (loss) attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-7.76M	USD	Annual
Net income (loss) attributable to Liberty Energy Inc. stockholders	`NetIncomeLoss`	$399.60M	USD	Annual
Net income (loss) attributable to Liberty Energy Inc. stockholders	`NetIncomeLoss`	$-179.24M	USD	Annual
Net income (loss) attributable to Liberty Energy Inc. stockholders	`NetIncomeLoss`	$-115.58M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$-1.03	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$-1.36	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.17	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.11	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.36	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.03	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	174.02M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	184.33M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.24M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	174.02M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.24M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	189.35M	shares	Annual

Cash Flow Statement 140 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-187.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$-160.67M	USD	Annual
Net income (loss)	`ProfitLoss`	$400.30M	USD	Annual
Depreciation, depletion, and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$323.03M	USD	Annual
Depreciation, depletion, and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$262.76M	USD	Annual
Depreciation, depletion, and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$180.08M	USD	Annual
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-779.00K	USD	Annual
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$411.00K	USD	Annual
(Gain) loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$4.60M	USD	Annual
Inventory write-down	`InventoryWriteDown`	-	USD	Annual
Inventory write-down	`InventoryWriteDown`	$1.72M	USD	Annual
Inventory write-down	`InventoryWriteDown`	$1.09M	USD	Annual
Non-cash lease expense	`LeaseNonCashPortionExpense`	$3.82M	USD	Annual
Non-cash lease expense	`LeaseNonCashPortionExpense`	$3.67M	USD	Annual
Non-cash lease expense	`LeaseNonCashPortionExpense`	$3.73M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$19.95M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$23.11M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$17.14M	USD	Annual
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$-12.47M	USD	Annual
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$-25.55M	USD	Annual
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$5.08M	USD	Annual
Loss (gain) on remeasurement of liability under tax receivable agreements	`GainLossOnTaxReceivableAgreement`	$19.04M	USD	Annual
Loss (gain) on remeasurement of liability under tax receivable agreements	`GainLossOnTaxReceivableAgreement`	$-543.00K	USD	Annual
Loss (gain) on remeasurement of liability under tax receivable agreements	`GainLossOnTaxReceivableAgreement`	$-76.19M	USD	Annual
Other non-cash expense, net	`OtherNoncashIncomeExpense`	$-2.23M	USD	Annual
Other non-cash expense, net	`OtherNoncashIncomeExpense`	$-4.00K	USD	Annual
Other non-cash expense, net	`OtherNoncashIncomeExpense`	$-2.04M	USD	Annual
Provision for credit losses	`ProvisionForLoanLossesExpensed`	-	USD	Annual
Provision for credit losses	`ProvisionForLoanLossesExpensed`	$745.00K	USD	Annual
Provision for credit losses	`ProvisionForLoanLossesExpensed`	$4.88M	USD	Annual
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$166.60M	USD	Annual
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$90.14M	USD	Annual
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$-53.06M	USD	Annual
Accounts receivable and unbilled revenuerelated party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	-	USD	Annual
Accounts receivable and unbilled revenuerelated party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$25.52M	USD	Annual
Accounts receivable and unbilled revenuerelated party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-9.63M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$24.61M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$84.99M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-2.14M	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-13.78M	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$30.95M	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$56.16M	USD	Annual
Prepaid and other current assetsrelated party	`IncreaseDecreaseInPrepaidAndOtherCurrentAssetsRelatedParty`	$-24.71M	USD	Annual
Prepaid and other current assetsrelated party	`IncreaseDecreaseInPrepaidAndOtherCurrentAssetsRelatedParty`	-	USD	Annual
Prepaid and other current assetsrelated party	`IncreaseDecreaseInPrepaidAndOtherCurrentAssetsRelatedParty`	-	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$3.45M	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	-	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-593.00K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$160.58M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$57.80M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-15.28M	USD	Annual
Accounts payable and accrued liabilitiesrelated party	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedParties`	$-1.86M	USD	Annual
Accounts payable and accrued liabilitiesrelated party	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedParties`	-	USD	Annual
Accounts payable and accrued liabilitiesrelated party	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedParties`	$3.87M	USD	Annual
Initial payment of operating lease liability	`OperatingLeaseLiabilityPrepayment`	$895.00K	USD	Annual
Initial payment of operating lease liability	`OperatingLeaseLiabilityPrepayment`	$565.00K	USD	Annual
Initial payment of operating lease liability	`OperatingLeaseLiabilityPrepayment`	$2.71M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$85.42M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$530.36M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$135.47M	USD	Annual
Purchases of property and equipment and construction in-progress	`PaymentsToAcquireProductiveAssets`	$451.90M	USD	Annual
Purchases of property and equipment and construction in-progress	`PaymentsToAcquireProductiveAssets`	$103.64M	USD	Annual
Purchases of property and equipment and construction in-progress	`PaymentsToAcquireProductiveAssets`	$198.79M	USD	Annual
Investment in sand logistics	`PaymentsToAcquireIntangibleAssetsSandLogistics`	-	USD	Annual
Investment in sand logistics	`PaymentsToAcquireIntangibleAssetsSandLogistics`	$13.11M	USD	Annual
Investment in sand logistics	`PaymentsToAcquireIntangibleAssetsSandLogistics`	$7.42M	USD	Annual
Investment in Fervo Energy Company and Natron Energy, Inc.	`PaymentsToAcquireEquityMethodInvestments`	-	USD	Annual
Investment in Fervo Energy Company and Natron Energy, Inc.	`PaymentsToAcquireEquityMethodInvestments`	-	USD	Annual
Investment in Fervo Energy Company and Natron Energy, Inc.	`PaymentsToAcquireEquityMethodInvestments`	$15.00M	USD	Annual
Proceeds from sales of assets	`ProceedsFromSaleOfProductiveAssets`	$25.41M	USD	Annual
Proceeds from sales of assets	`ProceedsFromSaleOfProductiveAssets`	$3.37M	USD	Annual
Proceeds from sales of assets	`ProceedsFromSaleOfProductiveAssets`	$23.66M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-100.27M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-186.49M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-450.66M	USD	Annual
Proceeds from borrowings on line-of-credit	`ProceedsFromLongTermLinesOfCredit`	-	USD	Annual
Proceeds from borrowings on line-of-credit	`ProceedsFromLongTermLinesOfCredit`	$274.00M	USD	Annual
Proceeds from borrowings on line-of-credit	`ProceedsFromLongTermLinesOfCredit`	$713.00M	USD	Annual
Repayments of borrowings on line-of-credit	`RepaymentsOfLongTermLinesOfCredit`	$616.00M	USD	Annual
Repayments of borrowings on line-of-credit	`RepaymentsOfLongTermLinesOfCredit`	$256.00M	USD	Annual
Repayments of borrowings on line-of-credit	`RepaymentsOfLongTermLinesOfCredit`	-	USD	Annual
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$1.75M	USD	Annual
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$1.75M	USD	Annual
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$1.75M	USD	Annual
Payments on finance lease obligations	`FinanceLeasePrincipalPaymentsNetOfInterestExpense`	$11.66M	USD	Annual
Payments on finance lease obligations	`FinanceLeasePrincipalPaymentsNetOfInterestExpense`	$7.36M	USD	Annual
Payments on finance lease obligations	`FinanceLeasePrincipalPaymentsNetOfInterestExpense`	$6.95M	USD	Annual
Class A Common Stock dividends and dividend equivalents upon restricted stock vesting	`PaymentsOfDividends`	$4.43M	USD	Annual
Class A Common Stock dividends and dividend equivalents upon restricted stock vesting	`PaymentsOfDividends`	$168.00K	USD	Annual
Class A Common Stock dividends and dividend equivalents upon restricted stock vesting	`PaymentsOfDividends`	$9.16M	USD	Annual
Per unit distributions to non-controlling interest unitholders	`PaymentsToMinorityShareholders`	$1.53M	USD	Annual
Per unit distributions to non-controlling interest unitholders	`PaymentsToMinorityShareholders`	-	USD	Annual
Per unit distributions to non-controlling interest unitholders	`PaymentsToMinorityShareholders`	$13.00K	USD	Annual
Other distributions and advance payments to non-controlling interest unitholders	`PaymentsForDistributionsAndAdvancesToMinorityShareholders`	$6.80M	USD	Annual
Other distributions and advance payments to non-controlling interest unitholders	`PaymentsForDistributionsAndAdvancesToMinorityShareholders`	$-1.37M	USD	Annual
Other distributions and advance payments to non-controlling interest unitholders	`PaymentsForDistributionsAndAdvancesToMinorityShareholders`	$-920.00K	USD	Annual
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	$125.31M	USD	Annual
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Tax withholding on restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.72M	USD	Annual
Tax withholding on restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$3.58M	USD	Annual
Tax withholding on restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$988.00K	USD	Annual
Payment of equity issuance costs	`PaymentsOfStockIssuanceCosts`	$1.64M	USD	Annual
Payment of equity issuance costs	`PaymentsOfStockIssuanceCosts`	$79.00K	USD	Annual
Payment of equity issuance costs	`PaymentsOfStockIssuanceCosts`	$1.33M	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.12M	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$63.00K	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$708.00K	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-28.87M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-55.77M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.06M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$23.94M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-43.71M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-48.97M	USD	Annual
Translation effect on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-260.00K	USD	Annual
Translation effect on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Annual
Translation effect on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-9.00K	USD	Annual
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.68M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$112.69M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.98M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.00M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.68M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$112.69M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.98M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.00M	USD	Point-in-time
Net cash paid (received) for income taxes	`IncomeTaxesPaidNet`	$-9.48M	USD	Annual
Net cash paid (received) for income taxes	`IncomeTaxesPaidNet`	$10.74M	USD	Annual
Net cash paid (received) for income taxes	`IncomeTaxesPaidNet`	$-9.65M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$11.22M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$13.27M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$20.31M	USD	Annual
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$107.51M	USD	Annual
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$10.92M	USD	Annual
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$57.48M	USD	Annual
Capital expenditures reclassified from prepaid and other current assets	`CapitalExpendituresReclassifiedFromPrepaidAndOtherCurrentAssets`	$14.92M	USD	Annual
Capital expenditures reclassified from prepaid and other current assets	`CapitalExpendituresReclassifiedFromPrepaidAndOtherCurrentAssets`	-	USD	Annual
Capital expenditures reclassified from prepaid and other current assets	`CapitalExpendituresReclassifiedFromPrepaidAndOtherCurrentAssets`	-	USD	Annual
Equity issued in exchange for assets and liabilities	`CapitalExpendituresFundedThroughIssuanceOfEquity`	$683.82M	USD	Annual
Equity issued in exchange for assets and liabilities	`CapitalExpendituresFundedThroughIssuanceOfEquity`	$91.09M	USD	Annual
Equity issued in exchange for assets and liabilities	`CapitalExpendituresFundedThroughIssuanceOfEquity`	-	USD	Annual

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Common stock dividend (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	Annual
Distribution to noncontrolling unitholders (in dollars per share)	`DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit`	$0.05	USD	Annual
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Offering Costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$1.32M	USD	Annual
Share repurchases	`StockRepurchasedDuringPeriodValue`	$125.31M	USD	Annual
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	Annual
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.10M	USD	Annual
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-102.00K	USD	Annual
Net income (loss)	`ProfitLoss`	$-187.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$-160.67M	USD	Annual
Net income (loss)	`ProfitLoss`	$400.30M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time

Comprehensive Income 15 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-187.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$-160.67M	USD	Annual
Net income (loss)	`ProfitLoss`	$400.30M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	-	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.10M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-102.00K	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$393.20M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-160.67M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-187.11M	USD	Annual
Comprehensive income (loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-45.09M	USD	Annual
Comprehensive income (loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$693.00K	USD	Annual
Comprehensive income (loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-7.56M	USD	Annual
Comprehensive income (loss) attributable to Liberty Energy Inc.	`ComprehensiveIncomeNetOfTax`	$-179.55M	USD	Annual
Comprehensive income (loss) attributable to Liberty Energy Inc.	`ComprehensiveIncomeNetOfTax`	$392.51M	USD	Annual
Comprehensive income (loss) attributable to Liberty Energy Inc.	`ComprehensiveIncomeNetOfTax`	$-115.58M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.