Ken Babcock - Liberty Oilfield Independent Director

LBRT Stock  USD 18.94  0.27  1.45%   

Director

Mr. Ken Babcock is Independent Director of the Company. Mr. Babcock has served on our Board since the IPO. Mr. Babcock is currently the Chief Executive Officer of Abaco Energy Technologies LLC, a private Houstonbased company that was formed by Riverstone in 2013 to focus on opportunities in manufacturing and services related to North American drilling, completion, and production, and associated infrastructure. Prior to joining Abaco, Mr. Babcock was the President and Chief Executive Officer of Titan Specialties, Ltd., a Riverstone portfolio company, from 2008 until its sale to Hunting PLC in September 2011. Following the sale, Mr. Babcock remained at Titan until June 2012. Prior to joining Titan, from 2005 until 2008, Mr. Babcock served as President and Chief Executive Officer of International Logging, Inc., also a Riverstone portfolio company, where he took a narrowlyfocused mud logging company of over 300 employees to a diverse well site services organization of over 1, 800 employees spread over 60 countries in a little over two years. Prior to joining ILI, Mr. Babcock was Director of Strategic Sales at Baker Hughes INTEQ and Vice President of Business Development at Noble Technology Services. Mr. Babcock began his career with EXLOG in 1980. Mr. Babcock has a BS in Geology from Florida State University since 2018.
Age 64
Tenure 6 years
Address 950 17th Street, Denver, CO, United States, 80202
Phone303 515 2800
Webhttps://www.libertyenergy.com
Babcock was nominated to serve on our Board by Riverstone pursuant to the stockholders’ agreement. We believe that Mr. Babcock’s strong business leadership experience qualifies him for service on our Board.

Ken Babcock Latest Insider Activity

Tracking and analyzing the buying and selling activities of Ken Babcock against Liberty Oilfield stock is an integral part of due diligence when investing in Liberty Oilfield. Ken Babcock insider activity provides valuable insight into whether Liberty Oilfield is net buyers or sellers over its current business cycle. Note, Liberty Oilfield insiders must abide by specific rules, including filing SEC forms every time they buy or sell Liberty Oilfield'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Liberty Oilfield Management Efficiency

The company has return on total asset (ROA) of 0.0972 % which means that it generated a profit of $0.0972 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1898 %, meaning that it created $0.1898 on every $100 dollars invested by stockholders. Liberty Oilfield's management efficiency ratios could be used to measure how well Liberty Oilfield manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.19 in 2024. Return On Capital Employed is likely to gain to 0.33 in 2024. At this time, Liberty Oilfield's Non Current Liabilities Total is comparatively stable compared to the past year. Non Current Liabilities Other is likely to gain to about 254.4 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 382.4 M in 2024.
Liberty Oilfield Services currently holds 405.31 M in liabilities with Debt to Equity (D/E) ratio of 0.27, which may suggest the company is not taking enough advantage from borrowing. Liberty Oilfield Services has a current ratio of 1.38, which is within standard range for the sector. Note, when we think about Liberty Oilfield's use of debt, we should always consider it together with its cash and equity.

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Liberty Energy Inc. provides hydraulic fracturing and wireline services, and related goods to onshore oil and natural gas exploration and production companies in North America. Liberty Energy Inc. was founded in 2011 and is headquartered in Denver, Colorado. Liberty Energy operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 3601 people. Liberty Oilfield Services (LBRT) is traded on New York Stock Exchange in USA. It is located in 950 17th Street, Denver, CO, United States, 80202 and employs 5,500 people. Liberty Oilfield is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Liberty Oilfield Services Leadership Team

Elected by the shareholders, the Liberty Oilfield's board of directors comprises two types of representatives: Liberty Oilfield inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Liberty. The board's role is to monitor Liberty Oilfield's management team and ensure that shareholders' interests are well served. Liberty Oilfield's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Liberty Oilfield's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tracee Quinnell, Vice Resources
Gale Norton, Independent Director
Christopher Wright, Chairman of the Board, Chief Executive Officer, Director
Michael Stock, Chief Financial Officer, Treasurer
Ron Gusek, President CEO
Jim Brady, Founder Operations
Ryan Gosney, Chief Accounting Officer
Brett Staffieri, Independent Director
James McDonald, Independent Director
Cary Steinbeck, Independent Director
Raymond Elliott, Vice President General Counsel and Corporate Secretary
Audrey Robertson, Director
Leen Weijers, Senior Engineering
Ken Babcock, Independent Director
Peter Dea, Independent Director
Simon Ayat, Independent Director
Sean Elliott, Vice President General Counsel
William Kimble, Lead Independent Director
Anjali Voria, Strategic Lead

Liberty Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Liberty Oilfield a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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Additional Tools for Liberty Stock Analysis

When running Liberty Oilfield's price analysis, check to measure Liberty Oilfield's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Liberty Oilfield is operating at the current time. Most of Liberty Oilfield's value examination focuses on studying past and present price action to predict the probability of Liberty Oilfield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Liberty Oilfield's price. Additionally, you may evaluate how the addition of Liberty Oilfield to your portfolios can decrease your overall portfolio volatility.