Piper Sandler Starts Coverage of Liberty Energy (LBRT) Stock With a Neutral Rating

Liberty Energy Inc. (NYSE:LBRT) is one of the Best Beaten Down Stocks to Buy Now. Piper Sandler analyst Derek Podhaizer initiated coverage of the company’s stock with a “Neutral” rating and a price objective of $14, as reported by The Fly. The firm expects a challenging backdrop for the US land. Furthermore, the firm’s analyst anticipates a persistent negative rate-of-change environment for the balance of 2025, with the decline in the US land rig count. However, in Q1 2025, Liberty Energy Inc. (NYSE:LBRT) saw revenue of $977 million and adjusted EBITDA of $168 million.

Piper Sandler Starts Coverage of Liberty Energy (LBRT) Stock With a Neutral Rating

A worker in protective gear near a large natural gas exploration machinery.

It witnessed robust sequential improvement in utilization throughout the fleet, touched new heights in operational efficiencies, and set a new high watermark in asset lifespan for the equipment components. Liberty Energy Inc. remains well-placed to navigate market uncertainties, mainly because of enhanced scale, vertical integration, technological advancements, and a fortress balance sheet. With global oil markets contending with tariff impacts, geopolitical worries, and concerns related to the oil supply, North American producers have been evaluating a range of macroeconomic scenarios.

Liberty Energy Inc.’s unmatched scale, integrated services, strong supply chain, and advanced technology systems continue to enable it to lower the total cost to produce a barrel of oil.

Liberty Energy Inc. is an oilfield services company, providing hydraulic fracturing services to onshore E&P firms’ major basins.

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This article is originally published at Insider Monkey.