Liberty oilfield services inc. (LBRT)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16
Revenue:
Revenue

1,972

2,132

1,465

356

Revenue—related parties

18

23

24

17

Total revenue

1,990

2,155

1,489

374

Operating costs and expenses:
Cost of services (exclusive of depreciation and amortization shown separately below)

1,621

1,628

1,147

354

General and administrative

97

99

80

35

Depreciation and amortization

165

125

81

41

(Gain) loss on disposal of assets

-2

4

-0

2

Total operating costs and expenses

1,886

1,848

1,308

429

Operating income

103

306

181

-54

Other (income) expense:
Interest income

0

0

0

-

Interest expense

17

17

11

6

Interest (income) expense—related party

-1

0

0

0

Total interest expense

14

17

12

6

Net income before income taxes

88

289

168

-60

Income tax expense

14

40

0

0

Net income

74

249

168

-60

Less: Net income attributable to Predecessor, prior to Corporate Reorganization

0

8

168

-60

Less: Net income attributable to non-controlling interests

35

113

0

0

Net income attributable to Liberty Oilfield Services Inc. stockholders

39

126

0

0

Net income attributable to Liberty Oilfield Services Inc. stockholders per common share:
Basic (in dollars per share)

0.54

1.84

-

-

Diluted (in dollars per share)

0.53

1.81

-

-

Weighted average common shares outstanding:
Basic (in shares)

72

68

-

-

Diluted (in shares)

105

117

-

-