Liberty Energy (Liberty Energy) Momentum Rank : 6 (As of May. 02, 2024)

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What is Liberty Energy Momentum Rank?

Liberty Energy has the Momentum Rank of 6.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Liberty Energy's Momentum Rank

For the Oil & Gas Equipment & Services subindustry, Liberty Energy's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Liberty Energy's Momentum Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Liberty Energy's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Liberty Energy's Momentum Rank falls into.

Liberty Energy Momentum Rank Related Terms

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Liberty Energy (Liberty Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Liberty Energy Inc (NYSE:LBRT) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

950 17th Street, Suite 2400, Denver, CO, USA, 80202

Website

https://www.libertyenergy.com

Liberty Energy is an oilfield services company that provides hydraulic fracturing services—mainly pressure pumping—in major basins throughout North America. Its 2020 acquisition of Schlumberger's OneStim business segment made Liberty one of the largest pressure pumpers in North America. It also added wireline operations, two Permian frac sand mines, and an expanded technological portfolio.

Executives

Christopher A Wright	director, officer: Chief Executive Officer	106 ALTA VISTA AVENUE, MILL VALLEY CA 94941
R Sean Elliott	officer: See Remarks	6565 MACARTHUR BLVD, SUITE 1050, IRVING TX 75039
Ron Gusek	officer: President	950 17TH STREET, SUITE 2000, DENVER CO 80202
Ken Babcock	director	950 17TH STREET, SUITE 2000, DENVER CO 80202
Ryan T Gosney	officer: Chief Accounting Officer	950 17TH STREET, SUITE 2000, DENVER CO 80202
Michael Stock	officer: Chief Financial Officer	950 17TH STREET, SUITE 2000, DENVER CO 80202
Limited/nv Schlumberger	10 percent owner	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Audrey Robertson	director	BONANZA CREEK ENERGY, INC., 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Riverstone/carlyle Energy Partners Iv, L.p.	director, 10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Simon Ayat	director	C/O SCHLUMBERGER LIMITED, 5999 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
James R Mcdonald	director	13126 CONIFER RD, HOUSTON TX 77079
B.v. Schlumberger	10 percent owner	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Schlumberger Holdings Corp	10 percent owner	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Schlumberger Technology Corp	10 percent owner	300 SCHLUMBERGER DRIVE, MD 23, SUGAR LAND TX 77478
Brett Staffieri	director	950 17TH STREET, SUITE 2000, DENVER CO 80202