Liberty Energy Shares Drop Despite Better-Than-Expected Q2 Earnings and Raised Capex Outlook
Liberty Energy (LBRT) shares fell 22% despite reporting better-than-expected second-quarter adjusted earnings and revenues. The decline followed the company's announcement of a nearly 50% increase in its full-year capital spending budget for FY 2026.
Tickers: $LBRT
Topics: capital spending oilfield services stock price decline