LBRTNYSEOil & Gas Field Services, NECFiscal year ends December 31
Liberty Energy Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 22, 2026
$17.09+0.49 (+2.95%)
Close on Oct 19, 2026
- Market cap
- $2.87B
- P/E (TTM)
- 23.1
- Dividend yield
- 1.93%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
182M of 163M shares
Institutional holders
405
80 new, 63 sold out
Net institutional buying
9M
In Q2 2026
Insider trades, 12 months
2 buys · 10 sales
Net sold $2.70M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Dimensional Fund Advisors LP | 9,443,949 | 5.60% | 13G (passive) | Dec 29, 2023 |
| Vanguard Capital Management | 8,203,071 | 5.06% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 24,090,636 | 14.80% | 13G (passive) amendment | Mar 31, 2025 |
| Vanguard Portfolio Management | 10,584,957 | 6.53% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of LBRT | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 27,552,623 | 16.88% | $721.60M | +1,843,116 | 0.01% |
| Vanguard Portfolio Management LLC | 11,155,633 | 6.84% | $292.17M | +633,765 | 0.01% |
| Dimensional Fund Advisors LP | 9,422,892 | 5.77% | $246.79M | +189,224 | 0.04% |
| State Street Corp | 7,074,089 | 4.33% | $185.27M | +197,282 | 0.01% |
| Vanguard Capital Management LLC | 7,071,270 | 4.33% | $185.20M | +78,468 | 0.00% |
| American Century Companies Inc | 6,927,445 | 4.24% | $181.43M | −771,887 | 0.08% |
| Geode Capital Management, LLC | 4,598,972 | 2.82% | $120.47M | +686,527 | 0.01% |
| Franklin Resources Inc | 4,234,025 | 2.59% | $110.89M | +267,003 | 0.02% |
| Frontier Capital Management Co LLC | 3,720,666 | 2.28% | $97.44M | +1,226,444 | 0.91% |
| Nomura Asset Management International Inc. | 3,648,861 | 2.24% | $95.56M | +245,550 | 0.14% |
| UBS Group AG | 3,457,265 | 2.12% | $90.55M | +2,237,641 | 0.01% |
| T. Rowe Price Investment Management, Inc. | 3,440,087 | 2.11% | $90.10K | −366,146 | 0.06% |
| Van Eck Associates Corp | 3,159,074 | 1.94% | $82.74M | −143,772 | 0.05% |
| Millennium Management LLC | 2,613,776 | 1.60% | $68.45M | +1,136,561 | 0.02% |
| Fuller & Thaler Asset Management, Inc. | 2,564,227 | 1.57% | $67.16M | +86,209 | 0.18% |
| Charles Schwab Investment Management Inc | 2,548,436 | 1.56% | $66.74M | −479,653 | 0.01% |
| Deutsche Bank AG\ | 2,432,588 | 1.49% | $63.71M | +676,292 | 0.02% |
| Invesco Ltd. | 2,422,323 | 1.48% | $63.44M | +1,296,225 | 0.01% |
| Bank of New York Mellon Corp | 2,336,206 | 1.43% | $61.19M | +568,719 | 0.01% |
| Eventide Asset Management, LLC | 2,314,729 | 1.42% | $60.63M | −88,369 | 0.81% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 405 | 182M | 100.0% | 80 / 138 | 142 / 63 | 30M | 21M |
| Q1 2026 | 396 | 174M | 100.0% | 105 / 133 | 120 / 44 | 55M | 27M |
| Q4 2025 | 342 | 164M | 100.0% | 76 / 108 | 120 / 64 | 35M | 34M |
| Q3 2025 | 338 | 164M | 100.0% | 68 / 120 | 117 / 49 | 31M | 23M |
| Q2 2025 | 324 | 156M | 95.5% | 68 / 127 | 94 / 55 | 23M | 23M |
| Q1 2025 | 313 | 156M | 95.8% | 52 / 101 | 128 / 61 | 15M | 24M |
| Q4 2024 | 326 | 166M | 100.0% | 63 / 99 | 124 / 52 | 14M | 27M |
| Q3 2024 | 318 | 179M | 100.0% | 41 / 131 | 108 / 49 | 44M | 12M |
| Q2 2024 | 331 | 172M | 100.0% | 42 / 128 | 121 / 42 | 12M | 17M |
| Q1 2024 | 335 | 177M | 100.0% | 63 / 120 | 113 / 39 | 24M | 14M |
| Q4 2023 | 313 | 168M | 100.0% | 80 / 93 | 115 / 24 | 23M | 19M |
| Q3 2023 | 262 | 164M | 100.0% | 46 / 107 | 90 / 46 | 31M | 23M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of LBRT | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 9,831,853 | 6.02% | $257.50M | 0.23% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 5,400,866 | 3.31% | $158.03M | 0.58% | May 31, 2026 |
| Vanguard Total Stock Market Index Fund | 4,910,883 | 3.01% | $128.62M | 0.01% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 4,145,392 | 2.54% | $108.57M | 0.13% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 3,556,719 | 2.18% | $93.15M | 0.05% | Jun 30, 2026 |
| VanEck Oil Services ETF | 2,777,551 | 1.70% | $72.74M | 3.65% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 2,066,428 | 1.27% | $38.66M | 0.20% | Jul 31, 2026 |
| Vanguard Small-Cap Growth Index Fund | 2,047,410 | 1.25% | $53.62M | 0.11% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 1,871,099 | 1.15% | $49.00M | 0.05% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 1,765,613 | 1.08% | $33.03M | 0.10% | Jul 31, 2026 |
| Fullerthaler Behavioral Small-Cap Growth | 1,654,800 | 1.01% | $43.34M | 0.70% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 1,493,439 | 0.92% | $39.11M | 0.23% | Jun 30, 2026 |
| Eventide Gilead Fund | 1,479,224 | 0.91% | $38.74M | 1.13% | Jun 30, 2026 |
| T. Rowe Price Small-Cap Value Fund, Inc. | 1,461,217 | 0.90% | $38.27M | 0.36% | Jun 30, 2026 |
| iShares S&P Small-Cap 600 Value ETF | 1,404,892 | 0.86% | $36.79M | 0.46% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| William F. Kimble | Chairman of the Board, Director | 89,805 | 0.06% | May 5, 2026 |
| Ron Gusek | CEO and President, Director | 2,870,712 | 1.76% | Apr 14, 2026 |
| Christopher A. Wright | Chairman of the Board and CEO, Director | 6,927,092 | 4.24% | Feb 5, 2025 |
| Michael Stock | Chief Financial Officer | 2,221,356 | 1.36% | Sep 1, 2026 |
| Ryan T. Gosney | Chief Accounting Officer | 318,944 | 0.20% | Apr 14, 2026 |
| R. Sean Elliott | Chief Legal Officer | 490,491 | 0.30% | Apr 14, 2026 |
| Arjun N. Murti | Director | 41,621 | 0.03% | Jul 30, 2026 |
| Cary D. Steinbeck | Director | 534,583 | 0.33% | Jan 7, 2026 |
| Ken Babcock | Director | 78,324 | 0.05% | Jan 2, 2026 |
| Peter A. Dea | Director | 88,637 | 0.05% | Jan 2, 2026 |
| Simon Ayat | Director | 54,046 | 0.03% | Jan 2, 2026 |
| Gale A. Norton | Director | 85,276 | 0.05% | Jan 2, 2026 |
| Alice K. Jackson | Director | 12,692 | 0.01% | Jan 2, 2026 |
| Audrey Robertson | Director | 50,173 | 0.03% | Feb 14, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Michael Stock Chief Financial Officer | Sep 1, 2026 | Sale(10b5-1 plan) | −6,666 | $19.84 | $132.25K | 760,379 |
| Michael Stock Chief Financial Officer | Aug 4, 2026 | Sale(10b5-1 plan) | −3,333 | $20.00 | $66.66K | 767,045 |
| Michael Stock Chief Financial Officer | Aug 3, 2026 | Sale(10b5-1 plan) | −3,333 | $17.95 | $59.83K | 770,378 |
| Arjun N. Murti Director | Jul 28, 2026 | Buy | +14,053.32 | $17.79 | $250.01K | 41,621 |
| Michael Stock Chief Financial Officer | Jul 1, 2026 | Sale(10b5-1 plan) | −9,999 | $25.89 | $258.87K | 773,711 |
| Michael Stock Chief Financial Officer | Jun 2, 2026 | Sale(10b5-1 plan) | −3,333 | $31.00 | $103.32K | 783,710 |
| Michael Stock Chief Financial Officer | Jun 1, 2026 | Sale(10b5-1 plan) | −13,332 | $29.46 | $392.76K | 787,043 |
| Michael Stock Chief Financial Officer | May 20, 2026 | Sale(10b5-1 plan) | −19,998 | $33.48 | $669.53K | 800,375 |
| William F. Kimble Chairman of the Board, Director | May 5, 2026 | Sale | −7,350 | $33.92 | $249.31K | 89,805 |
| Ron Gusek CEO and President, Director | Apr 1, 2026 | Tax withholding | −71,676 | $27.92 | $2.00M | 1,043,702 |
| Michael Stock Chief Financial Officer | Apr 1, 2026 | Tax withholding | −67,360 | $27.92 | $1.88M | 820,373 |
| R. Sean Elliott Chief Legal Officer | Apr 1, 2026 | Tax withholding | −33,726 | $27.92 | $941.63K | 350,474 |
| Ryan T. Gosney Chief Accounting Officer | Apr 1, 2026 | Tax withholding | −23,367 | $27.92 | $652.41K | 233,327 |
| R. Sean Elliott Chief Legal Officer | Apr 1, 2026 | Award | +42,050 | – | – | 384,200 |
| R. Sean Elliott Chief Legal Officer | Apr 1, 2026 | Tax withholding | −16,547 | $27.92 | $461.99K | 367,653 |
| Ron Gusek CEO and President, Director | Apr 1, 2026 | Tax withholding | −45,025 | $27.92 | $1.26M | 1,070,353 |
| Ron Gusek CEO and President, Director | Apr 1, 2026 | Award | +102,914 | – | – | 1,115,378 |
| Michael Stock Chief Financial Officer | Apr 1, 2026 | Tax withholding | −45,025 | $27.92 | $1.26M | 842,708 |
| Michael Stock Chief Financial Officer | Apr 1, 2026 | Award | +102,914 | – | – | 887,733 |
| Ryan T. Gosney Chief Accounting Officer | Apr 1, 2026 | Tax withholding | −11,430 | $27.92 | $319.13K | 245,264 |
| Ryan T. Gosney Chief Accounting Officer | Apr 1, 2026 | Award | +26,124 | – | – | 256,694 |
| Arjun N. Murti Director | Feb 17, 2026 | Buy | +9,695.56 | $25.79 | $250.05K | 27,568 |
| Michael Stock Chief Financial Officer | Feb 6, 2026 | Sale | −25,000 | $25.38 | $634.50K | 784,819 |
| R. Sean Elliott Chief Legal Officer | Feb 6, 2026 | Gift | −1,000 | – | – | 342,150 |
| R. Sean Elliott Chief Legal Officer | Feb 6, 2026 | Sale | −25,000 | $25.40 | $635.00K | 343,150 |
| Ron Gusek CEO and President, Director | Jan 19, 2026 | Award | +114,495 | – | – | 1,012,683 |
| R. Sean Elliott Chief Legal Officer | Jan 19, 2026 | Award | +49,050 | – | – | 368,150 |
| Ryan T. Gosney Chief Accounting Officer | Jan 19, 2026 | Award | +29,818 | – | – | 230,570 |
| Michael Stock Chief Financial Officer | Jan 19, 2026 | Award | +54,205 | – | – | 809,819 |
| Cary D. Steinbeck Director | Jan 2, 2026 | Award | +9,566 | – | – | 195,428 |
| Peter A. Dea Director | Jan 2, 2026 | Award | +9,566 | – | – | 31,494 |
| Ken Babcock Director | Jan 2, 2026 | Award | +9,566 | – | – | 69,035 |
| Simon Ayat Director | Jan 2, 2026 | Award | +9,566 | – | – | 54,046 |
| Arjun N. Murti Director | Jan 2, 2026 | Award | +9,566 | – | – | 17,872 |
| Gale A. Norton Director | Jan 2, 2026 | Award | +9,566 | – | – | 85,276 |
| William F. Kimble Chairman of the Board, Director | Jan 2, 2026 | Award | +13,665 | – | – | 97,155 |
| Alice K. Jackson Director | Jan 2, 2026 | Award | +9,566 | – | – | 12,692 |
| Cary D. Steinbeck Director | Jan 2, 2026 | Award | +9,566 | – | – | 33,453 |
| Cary D. Steinbeck Director | Dec 30, 2025 | Gift | −2,700 | – | – | 185,862 |
| Cary D. Steinbeck Director | Dec 30, 2025 | Gift | −2,700 | – | – | 30,753 |
| Alice K. Jackson Director | Oct 16, 2025 | Award | +3,126 | – | – | 3,126 |
| Michael Stock Chief Financial Officer | Apr 2, 2025 | Sale(10b5-1 plan) | −5,000 | $16.00 | $80.00K | 755,614 |
| R. Sean Elliott Chief Legal Officer | Apr 1, 2025 | Tax withholding | −37,546 | $15.85 | $595.10K | 319,100 |
| R. Sean Elliott Chief Legal Officer | Apr 1, 2025 | Award | +50,408 | – | – | 356,646 |
| Ron Gusek CEO and President, Director | Apr 1, 2025 | Tax withholding | −77,695 | $15.85 | $1.23M | 898,188 |
| Ron Gusek CEO and President, Director | Apr 1, 2025 | Award | +123,340 | – | – | 975,883 |
| Ryan T. Gosney Chief Accounting Officer | Apr 1, 2025 | Award | +31,310 | – | – | 226,845 |
| Ryan T. Gosney Chief Accounting Officer | Apr 1, 2025 | Tax withholding | −26,093 | $15.85 | $413.57K | 200,752 |
| Michael Stock Chief Financial Officer | Apr 1, 2025 | Award | +123,340 | – | – | 835,632 |
| Michael Stock Chief Financial Officer | Apr 1, 2025 | Tax withholding | −75,018 | $15.85 | $1.19M | 760,614 |
| Michael Stock Chief Financial Officer | Mar 3, 2025 | Sale(10b5-1 plan) | −5,000 | $17.14 | $85.70K | 712,292 |
| Audrey Robertson Director | Feb 13, 2025 | Award | +9,469 | – | – | 50,068 |
| William F. Kimble Chairman of the Board, Director | Feb 3, 2025 | Award | +4,058 | – | – | 83,490 |
| Christopher A. Wright Chairman of the Board and CEO, Director | Feb 3, 2025 | Award | +500,572 | – | – | 2,999,385 |
| Christopher A. Wright Chairman of the Board and CEO, Director | Feb 3, 2025 | Tax withholding | −321,305 | $18.02 | $5.79M | 2,678,080 |
| Michael Stock Chief Financial Officer | Feb 3, 2025 | Sale(10b5-1 plan) | −10,000 | $17.94 | $179.40K | 717,292 |
| Ron Gusek Chief Executive Officer, Director | Feb 3, 2025 | Award | +81,683 | – | – | 852,543 |
| Arjun N. Murti Director | Jan 22, 2025 | Award | +8,306 | – | – | 8,306 |
| Michael Stock Chief Financial Officer | Jan 22, 2025 | Award | +52,085 | – | – | 727,292 |
| Ryan T. Gosney Chief Accounting Officer | Jan 22, 2025 | Award | +28,653 | – | – | 195,535 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Michael Stock Officer | Oct 6, 2026 | 3,333 | $66.66K | Oct 6, 2026 | RSU / PSU |
| Michael Stock Officer | Oct 1, 2026 | 3,333 | $60.56K | Oct 1, 2026 | RSU / PSU |
| Michael Stock Officer | Sep 1, 2026 | 6,666 | $132.25K | Sep 1, 2026 | RSU / PSU |
| Michael Stock Officer | Aug 4, 2026 | 3,333 | $66.66K | Aug 4, 2026 | RSU / PSU |
| Michael Stock Officer | Aug 3, 2026 | 3,333 | $59.83K | Aug 3, 2026 | RSU / PSU |
| Michael Stock Officer | Jul 1, 2026 | 9,999 | $258.87K | Jul 1, 2026 | RSU / PSU |
| Michael Stock Officer | Jun 2, 2026 | 3,333 | $103.32K | Jun 2, 2026 | RSU / PSU |
| Michael Stock Officer | Jun 1, 2026 | 13,332 | $392.76K | Jun 1, 2026 | RSU / PSU |
| Michael Stock Officer | May 20, 2026 | 19,998 | $669.43K | May 20, 2026 | RSU / PSU |
| William F. Kimble Director | May 5, 2026 | 7,350 | $249.31K | May 5, 2026 | Restricted Stock Lapse |
| Michael Stock Officer | Feb 6, 2026 | 25,000 | $634.40K | Feb 6, 2026 | RSU / PSU |
| R. Sean Elliott Officer | Feb 6, 2026 | 25,000 | $635.00K | Feb 6, 2026 | RSU / PSU |
| Michael Stock Officer | Apr 2, 2025 | 5,000 | $80.00K | Apr 2, 2025 | RSU / PSU |
| A. Wright Christopher Former Officer | Mar 7, 2025 | 666,618 | $10.13M | Mar 7, 2025 | Acquired from issuer in public offering |
| Christopher A. Wright Former Officer | Mar 7, 2025 | 586,022 | $8.94M | Mar 7, 2025 | Acquired from Issuer in public offering |