Stifel and RBC Capital Markets also adjusted their price targets for the company, citing various financial factors. Recent financial adjustments by Citi include a downward revision of their fourth-quarter EBITDA estimate for Liberty Oilfield Services by 3% to $166 million, and a reduction of their 2025 EBITDA estimate by 4% to $765 million. Additionally, the company reported robust Q3 results for 2024, with revenues reaching $1.1 billion and an adjusted EBITDA of $248 million. The company executives project Q4 capital expenditures to be around $200 million and forecast 2025 capital expenditures at approximately $650 million. These updates underscore Liberty Oilfield Services' dedication to strategic investments and efficiency improvements. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.