10-Q Filing

Liberty Energy Inc. CIK: 1694028 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001694028-23-000021`
Period End Date	20230331
Filing Date	20230421
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	lbrt-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 46 Cash Flow Statement 82 Stockholders Equity 7 Comprehensive Income 10

Balance Sheet 94 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`	$9.70M	USD	Point-in-time
Unbilled receivables, related parties	`UnbilledReceivablesRelatedPartiesCurrent`	$13.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.68M	USD	Point-in-time
Other assets, related parties	`OtherAssetsRelatedPartiesNoncurrent`	$13.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.88M	USD	Point-in-time
Other assets, related parties	`OtherAssetsRelatedPartiesNoncurrent`	$11.80M	USD	Point-in-time
Accounts receivabletrade, net of allowances for credit losses of $884 and $884, respectively	`AccountsReceivableNetCurrent`	$488.61M	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`	$410.31M	USD	Point-in-time
Accounts payable, related parties	`AccountsPayableRelatedPartiesCurrent`	-	USD	Point-in-time
Accounts receivablerelated party	`AccountsReceivableRelatedPartiesCurrent`	$14.31M	USD	Point-in-time
Accrued liabilities, related parties	`AccruedLiabilitiesRelatedPartiesCurrent`	-	USD	Point-in-time
Accounts receivablerelated party	`AccountsReceivableRelatedPartiesCurrent`	-	USD	Point-in-time
Accrued liabilities, related parties	`AccruedLiabilitiesRelatedPartiesCurrent`	$730.00K	USD	Point-in-time
Unbilled revenue (including amounts from related parties of $9,702 and $13,854, respectively)	`UnbilledReceivablesCurrent`	$229.75M	USD	Point-in-time
Current portion of long-term debt, discount	`DebtInstrumentUnamortizedDiscountCurrent`	-	USD	Point-in-time
Current portion of long-term debt, discount	`DebtInstrumentUnamortizedDiscountCurrent`	$730.00K	USD	Point-in-time
Unbilled revenue (including amounts from related parties of $9,702 and $13,854, respectively)	`UnbilledReceivablesCurrent`	$175.70M	USD	Point-in-time
Long-term debt, discount	`DebtInstrumentUnamortizedDiscountNoncurrent`	-	USD	Point-in-time
Long-term debt, discount	`DebtInstrumentUnamortizedDiscountNoncurrent`	$540.00K	USD	Point-in-time
Inventories	`InventoryNet`	$214.45M	USD	Point-in-time
Inventories	`InventoryNet`	$196.68M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$112.53M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$119.97M	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`	$1.07B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10,000.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$956.67M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.36B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.43B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	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 outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$41.38M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$92.93M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$97.23M	USD	Point-in-time
Other assets (including amounts from related parties of $13,099 and $11,799, respectively)	`OtherAssetsNoncurrent`	$105.30M	USD	Point-in-time
Other assets (including amounts from related parties of $13,099 and $11,799, respectively)	`OtherAssetsNoncurrent`	$103.91M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$21.24M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$12.59M	USD	Point-in-time
Total assets	`Assets`	$2.76B	USD	Point-in-time
Total assets	`Assets`	$2.58B	USD	Point-in-time
Accounts payable (including payables to related parties of $0 and $2,629, respectively)	`AccountsPayableCurrent`	$326.82M	USD	Point-in-time
Accounts payable (including payables to related parties of $0 and $2,629, respectively)	`AccountsPayableCurrent`	$412.50M	USD	Point-in-time
Accrued liabilities (including amounts due to related parties of $0 and $730, respectively)	`AccruedLiabilitiesCurrent`	$276.82M	USD	Point-in-time
Accrued liabilities (including amounts due to related parties of $0 and $730, respectively)	`AccruedLiabilitiesCurrent`	$239.75M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	$2.29M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	$61.95M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$3.42M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$3.86M	USD	Point-in-time
Current portion of long-term debt, net of discount of $0 and $730, respectively	`LongTermDebtCurrent`	-	USD	Point-in-time
Current portion of long-term debt, net of discount of $0 and $730, respectively	`LongTermDebtCurrent`	$1.02M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$11.39M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$10.56M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$26.60M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$27.29M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$649.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$754.78M	USD	Point-in-time
Long-term debt, net of discount of $0 and $540, respectively, less current portion	`LongTermDebtNoncurrent`	$217.43M	USD	Point-in-time
Long-term debt, net of discount of $0 and $540, respectively, less current portion	`LongTermDebtNoncurrent`	$210.00M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$1.04M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$1.04M	USD	Point-in-time
Payable pursuant to tax receivable agreements	`AccruedIncomeTaxesNoncurrent`	$114.84M	USD	Point-in-time
Payable pursuant to tax receivable agreements	`AccruedIncomeTaxesNoncurrent`	$118.87M	USD	Point-in-time
Noncurrent portion of finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$23.44M	USD	Point-in-time
Noncurrent portion of finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$22.49M	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$69.30M	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$66.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.08B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.17B	USD	Point-in-time
Commitments & contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments & contingencies (Note 14)	`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`	$1.21B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$388.06M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$234.53M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.87M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-7.40M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.50B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.59B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	-	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$2.29M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.59B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.76B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.58B	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$770.48M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.23B	USD	1 Quarter
Revenuerelated parties	`RevenueFromRelatedParties`	$29.76M	USD	1 Quarter
Revenuerelated parties	`RevenueFromRelatedParties`	$22.29M	USD	1 Quarter
Total revenue	`Revenues`	$792.77M	USD	1 Quarter
Total revenue	`Revenues`	$1.26B	USD	1 Quarter
Cost of services (exclusive of depreciation, depletion, and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$888.42M	USD	1 Quarter
Cost of services (exclusive of depreciation, depletion, and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$670.02M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$38.32M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$53.04M	USD	1 Quarter
Transaction, severance, and other costs	`TransactionSeveranceAndOtherCosts`	$1.33M	USD	1 Quarter
Transaction, severance, and other costs	`TransactionSeveranceAndOtherCosts`	$617.00K	USD	1 Quarter
Depreciation, depletion, and amortization	`DepreciationDepletionAndAmortization`	$94.40M	USD	1 Quarter
Depreciation, depletion, and amortization	`DepreciationDepletionAndAmortization`	$74.59M	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-4.67M	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-487.00K	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$1.04B	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$788.93M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$225.12M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$3.84M	USD	1 Quarter
Loss on remeasurement of liability under tax receivable agreements	`GainLossOnRemeasurementOfLiabilityUnderTaxReceivableAgreement`	-	USD	1 Quarter
Loss on remeasurement of liability under tax receivable agreements	`GainLossOnRemeasurementOfLiabilityUnderTaxReceivableAgreement`	$-4.17M	USD	1 Quarter
Interest incomerelated party	`InterestIncomeRelatedParty`	$373.00K	USD	1 Quarter
Interest incomerelated party	`InterestIncomeRelatedParty`	-	USD	1 Quarter
Interest expense, net	`InterestExpenseExcludingRelatedPartyTransactions`	$8.26M	USD	1 Quarter
Interest expense, net	`InterestExpenseExcludingRelatedPartyTransactions`	$4.32M	USD	1 Quarter
Total other expense	`InterestExpense`	$7.89M	USD	1 Quarter
Total other expense	`InterestExpense`	$8.49M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-4.65M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$217.23M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$54.48M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$830.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-5.48M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$162.75M	USD	1 Quarter
Less: Net income (loss) attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-104.00K	USD	1 Quarter
Less: Net income (loss) attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$91.00K	USD	1 Quarter
Net income (loss) attributable to Liberty Energy Inc. stockholders	`NetIncomeLoss`	$162.66M	USD	1 Quarter
Net income (loss) attributable to Liberty Energy Inc. stockholders	`NetIncomeLoss`	$-5.38M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.92	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.90	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	176.57M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	184.00M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	181.09M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	184.00M	shares	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-5.48M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$162.75M	USD	1 Quarter
Depreciation, depletion, and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$74.59M	USD	1 Quarter
Depreciation, depletion, and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$94.40M	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-4.67M	USD	1 Quarter
Loss on disposal of assets	`GainLossOnDispositionOfAssets1`	$-487.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$336.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.18M	USD	1 Quarter
Non-cash lease expense	`LeaseNonCashPortionExpense`	$861.00K	USD	1 Quarter
Non-cash lease expense	`LeaseNonCashPortionExpense`	$1.03M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$6.81M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$7.18M	USD	1 Quarter
Loss on remeasurement of liability under tax receivable agreements	`GainLossOnTaxReceivableAgreements`	$-4.17M	USD	1 Quarter
Loss on remeasurement of liability under tax receivable agreements	`GainLossOnTaxReceivableAgreements`	-	USD	1 Quarter
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$95.21M	USD	1 Quarter
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$136.51M	USD	1 Quarter
Accounts receivable and unbilled revenuerelated party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$11.18M	USD	1 Quarter
Accounts receivable and unbilled revenuerelated party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$11.46M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-17.79M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$5.03M	USD	1 Quarter
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.60M	USD	1 Quarter
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$14.92M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-441.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-2.78M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$47.58M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$82.88M	USD	1 Quarter
Accounts payable and accrued liabilitiesrelated party	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedParties`	-	USD	1 Quarter
Accounts payable and accrued liabilitiesrelated party	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedParties`	$-1.86M	USD	1 Quarter
Initial payment of operating lease liability	`OperatingLeaseLiabilityPrepayment`	$501.00K	USD	1 Quarter
Initial payment of operating lease liability	`OperatingLeaseLiabilityPrepayment`	$249.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$203.94M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$14.55M	USD	1 Quarter
Purchases of property and equipment and construction in-progress	`PaymentsToAcquireProductiveAssets`	$133.14M	USD	1 Quarter
Purchases of property and equipment and construction in-progress	`PaymentsToAcquireProductiveAssets`	$90.99M	USD	1 Quarter
Investment in sand logistics	`PaymentsToAcquireIntangibleAssetsSandLogistics`	-	USD	1 Quarter
Investment in sand logistics	`PaymentsToAcquireIntangibleAssetsSandLogistics`	$795.00K	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$927.00K	USD	1 Quarter
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$3.48M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-90.86M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-129.65M	USD	1 Quarter
Proceeds from borrowings on line-of-credit	`ProceedsFromLongTermLinesOfCredit`	$185.00M	USD	1 Quarter
Proceeds from borrowings on line-of-credit	`ProceedsFromLongTermLinesOfCredit`	$242.00M	USD	1 Quarter
Repayments on borrowings on line-of-credit	`RepaymentsOfLongTermLinesOfCredit`	$95.00M	USD	1 Quarter
Repayments on borrowings on line-of-credit	`RepaymentsOfLongTermLinesOfCredit`	$147.00M	USD	1 Quarter
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$104.72M	USD	1 Quarter
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$438.00K	USD	1 Quarter
Payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$1.22M	USD	1 Quarter
Payments on finance lease obligations	`FinanceLeasePrincipalPayments`	$2.17M	USD	1 Quarter
Class A Common Stock dividends and dividend equivalents upon restricted stock vesting	`PaymentsOfDividends`	-	USD	1 Quarter
Class A Common Stock dividends and dividend equivalents upon restricted stock vesting	`PaymentsOfDividends`	$8.78M	USD	1 Quarter
Other distributions and advance payments to non-controlling interest unitholders	`PaymentsForDistributionsAndAdvancesToMinorityShareholders`	$-924.00K	USD	1 Quarter
Other distributions and advance payments to non-controlling interest unitholders	`PaymentsForDistributionsAndAdvancesToMinorityShareholders`	-	USD	1 Quarter
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	$74.65M	USD	1 Quarter
Tax withholding on restricted stock units	`PaymentsForRestrictedStockVesting`	$24.00K	USD	1 Quarter
Tax withholding on restricted stock units	`PaymentsForRestrictedStockVesting`	-	USD	1 Quarter
Payments of equity issuance costs	`PaymentsOfStockIssuanceCosts`	$62.00K	USD	1 Quarter
Payments of equity issuance costs	`PaymentsOfStockIssuanceCosts`	$223.00K	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$224.00K	USD	1 Quarter
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.57M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$88.96M	USD	1 Quarter
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-97.09M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents before translation effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$12.65M	USD	1 Quarter
Net (decrease) increase in cash and cash equivalents before translation effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-22.81M	USD	1 Quarter
Translation effect on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.00K	USD	1 Quarter
Translation effect on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$274.00K	USD	1 Quarter
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.00M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.92M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.68M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.88M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.00M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.92M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.68M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.88M	USD	Point-in-time
Net cash (received) paid for income taxes	`IncomeTaxesPaidNet`	$4.83M	USD	1 Quarter
Net cash (received) paid for income taxes	`IncomeTaxesPaidNet`	$-3.47M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$3.85M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$5.76M	USD	1 Quarter
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$71.70M	USD	1 Quarter
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$126.85M	USD	1 Quarter
Capital expenditures reclassified from prepaid and other current assets	`CapitalExpendituresFundedThroughIssuanceOfEquity`	$1.19M	USD	1 Quarter
Capital expenditures reclassified from prepaid and other current assets	`CapitalExpendituresFundedThroughIssuanceOfEquity`	$8.06M	USD	1 Quarter

Stockholders Equity 7 line items

Line Item	Tag	Value	Unit	Period
Common stock dividend (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.59B	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$-5.48M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$162.75M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.59B	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-5.48M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$162.75M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.06M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-470.00K	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$162.28M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-4.42M	USD	1 Quarter
Comprehensive income (loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-97.00K	USD	1 Quarter
Comprehensive income (loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$92.00K	USD	1 Quarter
Comprehensive income (loss) attributable to Liberty Energy Inc.	`ComprehensiveIncomeNetOfTax`	$-4.33M	USD	1 Quarter
Comprehensive income (loss) attributable to Liberty Energy Inc.	`ComprehensiveIncomeNetOfTax`	$162.18M	USD	1 Quarter

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