Liberty Energy Declares $0.09 Quarterly Dividend, Holds Payout Steady
Liberty Energy Inc. (NYSE: LBRT), an oilfield services company specializing in hydraulic fracturing, declared a quarterly cash dividend of $0.09 per share on April 14, 2026. The dividend matches the prior quarter's payment and will be distributed to shareholders of Class A common stock.
Liberty Energy Inc. (NYSE: LBRT), an oilfield services company specializing in hydraulic fracturing, declared a quarterly cash dividend of $0.09 per share on April 14, 2026. The dividend matches the prior quarter's payment and will be distributed to shareholders of Class A common stock. Read more dividend announcements.
The company paid the same $0.09 per share dividend during the quarter ended March 31, 2026, distributing approximately $15 million in aggregate to shareholders. The board noted that future dividend declarations remain subject to ongoing approval and may be adjusted based on market conditions and capital availability.
| Dividend Details | Date |
|---|---|
| Amount per Share | $0.09 |
| Record Date | June 4, 2026 |
| Payment Date | June 18, 2026 |
| Declaration Date | April 14, 2026 |
First Quarter Financial Results
Liberty Energy reported first quarter 2026 revenue of $1.0 billion, up 4% from $977 million in the year-ago period but down 2% from $1.0 billion in the fourth quarter of 2025. Net income after taxes totaled $23 million for the quarter, compared to $20 million in the first quarter of 2025 and $14 million in the prior quarter.
Fully diluted earnings per share came in at $0.14 for the first quarter of 2026, compared to $0.12 in the same period last year and $0.08 in the fourth quarter of 2025. Adjusted EBITDA of $126 million declined 25% from $168 million in the year-ago quarter and fell 20% from $158 million in the prior quarter.
The company expects sequential revenue growth in the second quarter driven by increased utilization and corresponding profitability improvement. Liberty has continued strategic investments in power and completion technologies despite challenging market conditions in recent years, positioning itself to meet rising demand for its services in North America's oil and gas sector.