Liberty Energy Rises to Near All-Time High Amid US-Iran Tensions
Liberty Energy (LBRT) surged 9.86% to $32.32, nearing its all-time high, driven by strong earnings and rising oil and gas prices due to US-Iran tensions. The company reported a 12% increase in net income to $22.5 million and revenue of $1.02 billion. CEO Ron Gusek attributed the performance to supply disruptions in the Middle East.
Tickers: $LBRT
Topics: dividend distribution earnings performance geopolitical tensions stock price movement