William Kimble - Liberty Oilfield Lead Independent Director

LBRT Stock  USD 20.31  0.17  0.84%   

Director

Mr. William F. Kimble is ad Independent Director of the Company. Mr. Kimble has served on the Board since the IPO and as Lead Director since October 2018. From 2009 until his retirement in 2015, Mr. Kimble served as the Office Managing Partner for the Atlanta office and Managing Partner Southeastern United States at KPMG LLP, one of the largest audit, tax and advisory services firms in the world. Mr. Kimble was also responsible for moderating KPMGs Audit Committee Institute and Audit Committee Chair Sessions. Until his retirement, Mr. Kimble had been with KPMG or its predecessor firm since 1986. During his tenure with KPMG, Mr. Kimble also held numerous senior leadership positions, including Global Chairman of Industrial Markets. Mr. Kimble served as KPMGs Energy Sector Leader for ten years and was the executive director of KPMGs Global Energy Institute. Mr. Kimble serves on the board of directors and the audit committee of PRGX Global, Inc. Mr. Kimble also serves on the board of directors, the special committee, and is chair of the audit committee of DCP Midstream Partners, LP since 2018.
Age 61
Tenure 6 years
Address 950 17th Street, Denver, CO, United States, 80202
Phone303 515 2800
Webhttps://www.libertyenergy.com
Kimble has a Bachelor of Accounting and Business Administration from Southern Methodist University. We believe that Mr. Kimble’s extensive accounting background and his experience as a director of public companies qualify him for service on our Board.

William Kimble Latest Insider Activity

Tracking and analyzing the buying and selling activities of William Kimble against Liberty Oilfield stock is an integral part of due diligence when investing in Liberty Oilfield. William Kimble 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 0.1374 % which means that it generated a profit of $0.1374 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2737 %, meaning that it created $0.2737 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.
Gale Norton, Independent Director
Christopher Wright, Chairman of the Board, Chief Executive Officer, Director
Michael Stock, Chief Financial Officer, Treasurer
Ron Gusek, President
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, Vice 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.

Pair Trading with Liberty Oilfield

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Liberty Oilfield position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Liberty Oilfield will appreciate offsetting losses from the drop in the long position's value.

Moving together with Liberty Stock

  0.61DWSN Dawson GeophysicalPairCorr
  0.61VTOL Bristow GroupPairCorr

Moving against Liberty Stock

  0.49DRQ Dril QuipPairCorr
  0.37EFXT EnerflexPairCorr
  0.35TS Tenaris SA ADRPairCorr
The ability to find closely correlated positions to Liberty Oilfield could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Liberty Oilfield when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Liberty Oilfield - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Liberty Oilfield Services to buy it.
The correlation of Liberty Oilfield is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Liberty Oilfield moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Liberty Oilfield Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Liberty Oilfield can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

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.