10-K Filing

Liberty Energy Inc. CIK: 1694028 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001694028-24-000006`
Period End Date	20231231
Filing Date	20240209
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	lbrt-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 66 Cash Flow Statement 131 Stockholders Equity 16 Comprehensive Income 15

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Unbilled receivables, current	`UnbilledReceivablesCurrent`	$188.94M	USD	Point-in-time
Unbilled receivables, current	`UnbilledReceivablesCurrent`	$175.70M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.68M	USD	Point-in-time
Other assets	`OtherAssets`	$158.98M	USD	Point-in-time
Other assets	`OtherAssets`	$105.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$36.78M	USD	Point-in-time
Accounts payable, current	`AccountsPayableCurrent`	$293.73M	USD	Point-in-time
Accounts payable, current	`AccountsPayableCurrent`	$326.82M	USD	Point-in-time
Unbilled revenue (including amounts from related parties of $13,379 and $13,854, respectively)	`UnbilledReceivablesCurrent`	$188.94M	USD	Point-in-time
Unbilled revenue (including amounts from related parties of $13,379 and $13,854, respectively)	`UnbilledReceivablesCurrent`	$175.70M	USD	Point-in-time
Accrued liabilities, current	`AccruedLiabilitiesCurrent`	$280.68M	USD	Point-in-time
Accrued liabilities, current	`AccruedLiabilitiesCurrent`	$261.07M	USD	Point-in-time
Current portion of long-term debt, discount	`DebtInstrumentUnamortizedDiscountCurrent`	-	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
Inventories	`InventoryNet`	$205.87M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$124.14M	USD	Point-in-time
Long-term debt, discount	`DebtInstrumentUnamortizedDiscountNoncurrent`	-	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$112.53M	USD	Point-in-time
Long-term debt, discount	`DebtInstrumentUnamortizedDiscountNoncurrent`	$540.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$956.67M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$954.25M	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
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.65B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10,000.00	shares	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
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`	$182.32M	USD	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
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`	$92.64M	USD	Point-in-time
Other assets (including amounts from related parties of $14,785 and $11,799, respectively)	`OtherAssets`	$158.98M	USD	Point-in-time
Other assets (including amounts from related parties of $14,785 and $11,799, respectively)	`OtherAssets`	$105.30M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$12.59M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	-	USD	Point-in-time
Total assets	`Assets`	$2.58B	USD	Point-in-time
Total assets	`Assets`	$3.03B	USD	Point-in-time
Accounts payable (including payables to related parties of $0 and $2,629, respectively)	`AccountsPayableCurrent`	$293.73M	USD	Point-in-time
Accounts payable (including payables to related parties of $0 and $2,629, respectively)	`AccountsPayableCurrent`	$326.82M	USD	Point-in-time
Accrued liabilities (including amounts due to related parties of $0 and $730, respectively)	`AccruedLiabilitiesCurrent`	$280.68M	USD	Point-in-time
Accrued liabilities (including amounts due to related parties of $0 and $730, respectively)	`AccruedLiabilitiesCurrent`	$261.07M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	$12.06M	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxes`	$2.29M	USD	Point-in-time
Current portion of payable pursuant to tax receivable agreements	`TaxReceivableAgreementsLiabilityCurrent`	$5.17M	USD	Point-in-time
Current portion of payable pursuant to tax receivable agreements	`TaxReceivableAgreementsLiabilityCurrent`	-	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 long-term debt, net of discount of $0 and $730, respectively	`LongTermDebtCurrent`	-	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$11.39M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$39.87M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$27.29M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$27.53M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$639.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$649.50M	USD	Point-in-time
Long-term debt, net of discount of $0 and $540, respectively, less current portion	`LongTermDebtNoncurrent`	$140.00M	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
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$1.04M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$102.34M	USD	Point-in-time
Payable pursuant to tax receivable agreements	`AccruedIncomeTaxesNoncurrent`	$112.47M	USD	Point-in-time
Payable pursuant to tax receivable agreements	`AccruedIncomeTaxesNoncurrent`	$118.87M	USD	Point-in-time
Noncurrent portion of finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$133.65M	USD	Point-in-time
Noncurrent portion of finance lease liabilities	`FinanceLeaseLiabilityNoncurrent`	$22.49M	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$64.26M	USD	Point-in-time
Noncurrent portion of operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$69.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.19B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.08B	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`	$1.09B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$752.33M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$234.53M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.08M	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`	$1.84B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$2.29M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	-	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.84B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.58B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.03B	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$2.47B	USD	Annual
Revenues	`Revenues`	$4.75B	USD	Annual
Revenues	`Revenues`	$4.15B	USD	Annual
Cost of services (exclusive of depreciation, depletion, and amortization shown separately below)	`CostOfGoodsAndServicesSold`	$3.35B	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`	$123.41M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$221.41M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$180.04M	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`	$2.05M	USD	Annual
Depreciation, depletion, and amortization	`DepreciationDepletionAndAmortization`	$323.03M	USD	Annual
Depreciation, depletion, and amortization	`DepreciationDepletionAndAmortization`	$262.76M	USD	Annual
Depreciation, depletion, and amortization	`DepreciationDepletionAndAmortization`	$421.51M	USD	Annual
(Gain) loss on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$-779.00K	USD	Annual
(Gain) loss on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$4.60M	USD	Annual
(Gain) loss on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$6.99M	USD	Annual
Total operating costs and expenses	`CostsAndExpenses`	$3.99B	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`	$760.58M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$-181.22M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$495.89M	USD	Annual
(Gain) loss on remeasurement of liability under tax receivable agreements	`GainLossOnRemeasurementOfLiabilityUnderTaxReceivableAgreement`	$19.04M	USD	Annual
(Gain) loss on remeasurement of liability under tax receivable agreements	`GainLossOnRemeasurementOfLiabilityUnderTaxReceivableAgreement`	$1.82M	USD	Annual
(Gain) loss on remeasurement of liability under tax receivable agreements	`GainLossOnRemeasurementOfLiabilityUnderTaxReceivableAgreement`	$-76.19M	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	`InterestIncomeOther`	-	USD	Annual
Interest incomerelated party	`InterestIncomeOther`	-	USD	Annual
Interest incomerelated party	`InterestIncomeOther`	$1.99M	USD	Annual
Interest expense, net	`InterestExpenseExcludingRelatedPartyTransactions`	$29.49M	USD	Annual
Interest expense, net	`InterestExpenseExcludingRelatedPartyTransactions`	$15.60M	USD	Annual
Interest expense, net	`InterestExpenseExcludingRelatedPartyTransactions`	$22.71M	USD	Annual
Total other expense (income), net	`NonoperatingIncomeExpense`	$-96.38M	USD	Annual
Total other expense (income), net	`NonoperatingIncomeExpense`	$3.44M	USD	Annual
Total other expense (income), net	`NonoperatingIncomeExpense`	$-25.69M	USD	Annual
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$-177.79M	USD	Annual
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$399.51M	USD	Annual
Net income (loss) before income taxes	`IncomeLossIncludingPortionAttributableToNoncontrollingInterest`	$734.89M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-793.00K	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$9.22M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$178.48M	USD	Annual
Net income (loss)	`ProfitLoss`	$556.41M	USD	Annual
Net income (loss)	`ProfitLoss`	$-187.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$400.30M	USD	Annual
Less: Net income (loss) attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-7.76M	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`	$91.00K	USD	Annual
Net income (loss) attributable to Liberty Energy Inc. stockholders	`NetIncomeLoss`	$556.32M	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
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.24	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$-1.03	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.17	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.15	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-1.03	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.11	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	171.84M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	174.02M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	184.33M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	189.35M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	174.02M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	176.36M	shares	Annual

Cash Flow Statement 131 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$556.41M	USD	Annual
Net income (loss)	`ProfitLoss`	$-187.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$400.30M	USD	Annual
Depreciation, depletion, and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$323.03M	USD	Annual
Depreciation, depletion, and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$421.51M	USD	Annual
Depreciation, depletion, and amortization	`DepreciationAndAmortizationExcludingAmortizationOfDebtIssuanceCosts`	$262.76M	USD	Annual
(Gain) loss on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$-779.00K	USD	Annual
(Gain) loss on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$4.60M	USD	Annual
(Gain) loss on disposal of assets, net	`GainLossOnDispositionOfAssets1`	$6.99M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$23.11M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$19.95M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$33.03M	USD	Annual
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$5.08M	USD	Annual
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-12.47M	USD	Annual
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$120.31M	USD	Annual
(Gain) loss on remeasurement of liability under tax receivable agreements	`GainLossOnTaxReceivableAgreement`	$-76.19M	USD	Annual
(Gain) loss on remeasurement of liability under tax receivable agreements	`GainLossOnTaxReceivableAgreement`	$1.82M	USD	Annual
(Gain) loss on remeasurement of liability under tax receivable agreements	`GainLossOnTaxReceivableAgreement`	$19.04M	USD	Annual
Other non-cash items, net	`OtherNoncashIncomeExpense`	$-6.61M	USD	Annual
Other non-cash items, net	`OtherNoncashIncomeExpense`	$-5.46M	USD	Annual
Other non-cash items, net	`OtherNoncashIncomeExpense`	$-7.11M	USD	Annual
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$90.14M	USD	Annual
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$-19.61M	USD	Annual
Accounts receivable and unbilled revenue	`IncreaseDecreaseInAccountsReceivable`	$166.60M	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`	$19.86M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$114.00K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$84.99M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$24.61M	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$30.95M	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$66.18M	USD	Annual
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$56.16M	USD	Annual
Prepaid and other current assetsrelated party	`IncreaseDecreaseInPrepaidAndOtherCurrentAssetsRelatedParties`	-	USD	Annual
Prepaid and other current assetsrelated party	`IncreaseDecreaseInPrepaidAndOtherCurrentAssetsRelatedParties`	$-24.71M	USD	Annual
Prepaid and other current assetsrelated party	`IncreaseDecreaseInPrepaidAndOtherCurrentAssetsRelatedParties`	-	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$57.20M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-45.13M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$164.04M	USD	Annual
Accounts payable and accrued liabilitiesrelated party	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedParties`	$3.87M	USD	Annual
Accounts payable and accrued liabilitiesrelated party	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedParties`	$-1.86M	USD	Annual
Accounts payable and accrued liabilitiesrelated party	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesRelatedParties`	-	USD	Annual
Initial payment of operating lease liability	`OperatingLeaseLiabilityPrepayment`	$2.71M	USD	Annual
Initial payment of operating lease liability	`OperatingLeaseLiabilityPrepayment`	$565.00K	USD	Annual
Initial payment of operating lease liability	`OperatingLeaseLiabilityPrepayment`	$3.31M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$530.36M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.01B	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$135.47M	USD	Annual
Purchases of property and equipment and construction in-progress	`PaymentsToAcquireProductiveAssets`	$603.30M	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`	$198.79M	USD	Annual
Investment in sand logistics	`PaymentsToAcquireIntangibleAssetsSandLogistics`	$13.11M	USD	Annual
Investment in sand logistics	`PaymentsToAcquireIntangibleAssetsSandLogistics`	-	USD	Annual
Investment in sand logistics	`PaymentsToAcquireIntangibleAssetsSandLogistics`	$7.42M	USD	Annual
Investment in Tamboran Resources Ltd. and Oklo Inc. (2023) and Fervo Energy Company and Natron Energy, Inc. (2022)	`PaymentsToAcquireEquityMethodInvestments`	$15.00M	USD	Annual
Investment in Tamboran Resources Ltd. and Oklo Inc. (2023) and Fervo Energy Company and Natron Energy, Inc. (2022)	`PaymentsToAcquireEquityMethodInvestments`	-	USD	Annual
Investment in Tamboran Resources Ltd. and Oklo Inc. (2023) and Fervo Energy Company and Natron Energy, Inc. (2022)	`PaymentsToAcquireEquityMethodInvestments`	$20.28M	USD	Annual
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$75.66M	USD	Annual
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Proceeds from sales of assets	`ProceedsFromSaleOfProductiveAssets`	$23.66M	USD	Annual
Proceeds from sales of assets	`ProceedsFromSaleOfProductiveAssets`	$25.41M	USD	Annual
Proceeds from sales of assets	`ProceedsFromSaleOfProductiveAssets`	$26.91M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-450.66M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-186.49M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-672.33M	USD	Annual
Proceeds from borrowings on line-of-credit	`ProceedsFromLongTermLinesOfCredit`	$1.15B	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`	$1.13B	USD	Annual
Repayments of borrowings on line-of-credit	`RepaymentsOfLongTermLinesOfCredit`	$256.00M	USD	Annual
Repayments of borrowings on line-of-credit	`RepaymentsOfLongTermLinesOfCredit`	$616.00M	USD	Annual
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$1.75M	USD	Annual
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$104.72M	USD	Annual
Repayments of borrowings on term loan	`RepaymentsOfOtherLongTermDebt`	$1.75M	USD	Annual
Payments on finance lease obligations	`FinanceLeasePrincipalPaymentsNetOfInterestExpense`	$6.95M	USD	Annual
Payments on finance lease obligations	`FinanceLeasePrincipalPaymentsNetOfInterestExpense`	$17.39M	USD	Annual
Payments on finance lease obligations	`FinanceLeasePrincipalPaymentsNetOfInterestExpense`	$7.36M	USD	Annual
Class A Common Stock dividends and dividend equivalents upon restricted stock vesting	`PaymentsOfDividends`	$37.68M	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`	-	USD	Annual
Per unit distributions to non-controlling interest unitholders	`PaymentsToMinorityShareholders`	$13.00K	USD	Annual
Per unit distributions to non-controlling interest unitholders	`PaymentsToMinorityShareholders`	-	USD	Annual
Other distributions and advance payments to non-controlling interest unitholders	`PaymentsForDistributionsAndAdvancesToMinorityShareholders`	$-920.00K	USD	Annual
Other distributions and advance payments to non-controlling interest unitholders	`PaymentsForDistributionsAndAdvancesToMinorityShareholders`	-	USD	Annual
Other distributions and advance payments to non-controlling interest unitholders	`PaymentsForDistributionsAndAdvancesToMinorityShareholders`	$-1.37M	USD	Annual
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	$125.31M	USD	Annual
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	$203.10M	USD	Annual
Share repurchases	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Tax withholding on restricted stock units	`PaymentsForTaxWithholdingOnRestrictedStockUnits`	$9.63M	USD	Annual
Tax withholding on restricted stock units	`PaymentsForTaxWithholdingOnRestrictedStockUnits`	$3.58M	USD	Annual
Tax withholding on restricted stock units	`PaymentsForTaxWithholdingOnRestrictedStockUnits`	$9.72M	USD	Annual
Payment of equity issuance costs	`PaymentsOfStockIssuanceCosts`	$1.33M	USD	Annual
Payment of equity issuance costs	`PaymentsOfStockIssuanceCosts`	$79.00K	USD	Annual
Payment of equity issuance costs	`PaymentsOfStockIssuanceCosts`	$223.00K	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.57M	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.12M	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$708.00K	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-349.31M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.06M	USD	Annual
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-55.77M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-48.97M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-7.06M	USD	Annual
Net (decrease) increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$23.94M	USD	Annual
Translation effect on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$168.00K	USD	Annual
Translation effect on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-9.00K	USD	Annual
Translation effect on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-260.00K	USD	Annual
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.00M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.78M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.68M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.98M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.00M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.78M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.68M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$68.98M	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`	$66.69M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$20.31M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$26.65M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$13.27M	USD	Annual
Capital expenditures included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$99.17M	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`	$57.48M	USD	Annual
Capital expenditures reclassified from prepaid and other current assets	`CapitalExpendituresReclassifiedFromPrepaidAndOtherCurrentAssets`	-	USD	Annual
Capital expenditures reclassified from prepaid and other current assets	`CapitalExpendituresReclassifiedFromPrepaidAndOtherCurrentAssets`	$50.31M	USD	Annual
Capital expenditures reclassified from prepaid and other current assets	`CapitalExpendituresReclassifiedFromPrepaidAndOtherCurrentAssets`	$14.92M	USD	Annual
Equity issued in exchange for assets and liabilities	`CapitalExpendituresFundedThroughIssuanceOfEquity`	-	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 16 line items

Line Item	Tag	Value	Unit	Period
Common stock dividend (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.22	USD	Annual
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`	$1.50B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.84B	USD	Point-in-time
Offering Costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$79.00K	USD	Annual
Share repurchases	`StockRepurchasedDuringPeriodValue`	$125.31M	USD	Annual
Share repurchases	`StockRepurchasedDuringPeriodValue`	$203.10M	USD	Annual
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.10M	USD	Annual
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.31M	USD	Annual
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-102.00K	USD	Annual
Net income (loss)	`ProfitLoss`	$556.41M	USD	Annual
Net income (loss)	`ProfitLoss`	$-187.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$400.30M	USD	Annual
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.50B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.84B	USD	Point-in-time

Comprehensive Income 15 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$556.41M	USD	Annual
Net income (loss)	`ProfitLoss`	$-187.00M	USD	Annual
Net income (loss)	`ProfitLoss`	$400.30M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.10M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$1.31M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-102.00K	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$557.72M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-187.11M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$393.20M	USD	Annual
Comprehensive income (loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$92.00K	USD	Annual
Comprehensive income (loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-7.56M	USD	Annual
Comprehensive income (loss) attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$693.00K	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`	$557.63M	USD	Annual

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