On this page of Benford's Law Stocks.com we present our study of Liberty Energy Inc. — ticker symbol LBRT. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 7/31/2020 to 4/17/2025 for Liberty Energy Inc. under CIK number 0001694028. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for LBRT, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Liberty Energy Inc. based on the past LBRT filings our system processed in the past.
40.4
15.7
10.4
5.3
5.7
3.5
6.7
6.9
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, LBRT stockholder letter ]
Total numbers found: 492
Recent share count: 162,336,099 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
492
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 5 numbers to move any given column by a full percentage point.
68

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 1's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 4's percentage was below the typical coverage universe range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 6's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 6's percentage was below the company's typical historical range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 8's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 9's percentage was above the typical coverage universe range.
Benford's Law Stocks Indicator
LBRT
Normal-to-low score compared to other filers, falling within the bottom of the middle 50%.
FSS
HBB
MLP
MVO
GPN
KRP
LYV
MSM
Check our work! We provide our Liberty Energy Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the LBRT filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 199 numbers that start with the digit 1. Here they are:
1
1
161,954,214
19,984
166,062
185,210
1,926,060
1,890,998
131,382
119,402
10,674
18,751
17,096
190,500
137,728
137,728
1,381,710
1,317,525
10,000
160,789,961
161,858,784
1,608
1,619
1,026,519
1,019,517
19,680
19,751
1,974,112
1,978,869
1,050,558
1,073,125
127,742
123,186
1,160
18,172
115,433
19,288
108,370
12
12
161,938
166,325
165,784
171,441
161,859
1,619
1,019,517
19,751
1,978,869
13,109
13,109
1,546
16
153
153
18,080
18,080
160,790
1,608
1,026,519
19,680
1,974,112
166,610
1,666
1,093,498
1,841,408
11,964
11,964
1,480
15
1
1
165,202
1,652
1,070,383
1,884,484
127,742
123,186
1,160
18,080
19,288
1,039
1,660
15,969
16,350
15,583
192,118
159,396
133,930
144,986
15,208
13,052
106,175
141,993
17,645
13,191
11,642
12,830
166
19,984
16,694
111,987
13,944
18,291
19.6
12.6
1.8
1
18,629
171,921
175,499
1.1
1.0
161,251
163,889
186,012
180,010
12,730
12,532
1,931,341
1,917,551
1,690,150
1,679,105
1,926,060
1,890,998
110.9
13,591
1,560
1,767
1,010
1,022
12,627
13,916
115
10,594
12.3
161,251
163,889
116,040
122,666
13.6
190,500
14.0
139.9
1.5
1.0
1.0
10
16.6
10.0
18.8
12
11
10
14
10
13
10
15
10
16.93
16.27
17.33
17.52
1,106,939
15.10
14.78
16.58
18.1
10.2
12.9
11.6
1.4
1.5
1,546,138
1,480,084
15.50
1.1
161,938
166,325
12
161,938
166,325
165,784
171,441
12
137.7
115.7
1.00
11.5
11.1
10.0
16.6
10.0
1.9
10.7
1.0
1.0
1.0
We found 77 numbers that start with the digit 2. Here they are:
24,100
202,865
203,469
297,181
283,113
21,431
219,345
206,713
28,570
210,000
207,682
203,511
22,567
27,917
26,478
20,111
20,111
20,182
23,942
23,958
20,111
20,111
289
289
20,111
29,911
2,993
23,958
22
24,100
23,788
21,015
202,865
203,469
235,910
211,893
29,920
24,108
22,690
27,656
25,291
23,723
26,528
280,620
2,239
219,345
206,713
210,000
210.0
2.0
25
210,000
210,000
29.9
21.4
2.7
24.1
20.0
2,938,408
20.94
20,612
237,209
20.74
23,958
20.38
270.2
2
20,111
20,111
28.0
24.4
26.5
29.9
2
26,053
26,053
2.2
We found 51 numbers that start with the digit 3. Here they are:
378,212
350,412
38,307
3,355,822
3,296,394
3
369,112
314,123
30,343
3,355,822
3,296,394
3,345
3,723
30,152
30,167
3,723
3,723
3,345
373
30,167
30,233
36,784
30,052
30,041
3,091,712
3,068,681
3,621,491
3,596,656
3
3,373
30,138
3,169
317,978
37,358
3,776
363.9
375
3
38.3
392,910
304,437
3,006,269
363,001
39.5
3
30,167
3
3,846
3
365,632
360,000
4's 5's 6's
We found 26 numbers that start with the digit 4. Here they are:
4,234
40,776
42,561
44,377
400,000,000
400,000,000
478
49
48
477
4,234
45,456
4,604
407
493,000
473,500
40,757
4,094
4,242
45,211
41,223
49
48
40.8
40.8
4.2
We found 28 numbers that start with the digit 5. Here they are:
51,611
582
5,847
52,986
5
5,804
5,799
519
579
573,000
547,000
5,170
5,798
5.1
59,637
5,036
58,562
5,407
53,569
56,375
525.0
5
52.5
51.6
5,116
5.2
5.8
5
We found 17 numbers that start with the digit 6. Here they are:
66,648
666,523
67,180
65,775
6,084
682
61,215
6,894
61,433
6.7
63,185
6,015
6.7
6.8
67.2
6
6
7's 8's 9's
We found 33 numbers that start with the digit 7. Here they are:
73,320
73,322
7,725
72,938
716,559
74,886
761,616
782,680
7,541
7,063
7,806
71
78,169
71
71
752,328
7,327
7,327
72
7,327
7,450
7.0
7.3
7.4
72,904
73,591
76,747
7.3
750.0
7.8
74.9
7.7
74.9
We found 34 numbers that start with the digit 8. Here they are:
838
848
87,271
85,214
858,510
848,523
811
81,892
81,892
81,892
81,892
822,256
81,892
8,417
81,849
825
80,097
80,070
8,911
8,723
8,817
8,264
81,715
87,873
82,100
81,646
84,130
8
848
838
81,892
81,892
8.7
8.3
We found 27 numbers that start with the digit 9. Here they are:
9,631
9,693
965,665
977,484
971,614
977,461
959,289
957,692
9,543
9,745
977,484
965,665
9,807
93,580
9,254
9,041
97,993
9,929
9,341
9,035
9,055
9,196
9.1
981,147
9
9.8
9.6
While the above LBRT 10Q Filed 4/17/2025 is interesting in isolation, we have found that it is also useful to take a look at older Liberty Energy Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 4/17/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical LBRT 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

40.4
15.7
10.4
5.3
5.7
3.5
6.7
6.9
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL?   [ original filing ]
Total numbers found: 492

= Typical LBRT range from 7/31/2020 to 4/17/2025
45.6
14.3
10.0
4.4
5.6
4.7
5.5
4.7
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 73
XBRL?   [ original filing ]
Total numbers found: 728

= Typical LBRT range from 7/31/2020 to 4/17/2025
39.3
20.3
9.7
6.3
3.4
5.7
5.1
4.7
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 822

= Typical LBRT range from 7/31/2020 to 4/17/2025
38.9
17.4
8.0
7.5
6.1
4.8
6.6
4.5
6.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 912

= Typical LBRT range from 7/31/2020 to 4/17/2025
34.6
15.3
10.3
8.6
6.5
6.9
6.5
6.9
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 581

= Typical LBRT range from 7/31/2020 to 4/17/2025
34.2
12.9
7.0
10.8
9.5
7.8
5.4
9.3
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 50
XBRL?   [ original filing ]
Total numbers found: 796

= Typical LBRT range from 7/31/2020 to 4/17/2025
30.6
15.1
9.9
9.5
8.6
7.0
8.1
6.9
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 800

= Typical LBRT range from 7/31/2020 to 4/17/2025
35.5
14.4
14.1
7.6
7.3
6.2
5.8
4.1
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 780

= Typical LBRT range from 7/31/2020 to 4/17/2025
39.1
14.0
9.1
5.3
7.0
3.6
9.1
5.7
7.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 39
XBRL?   [ original filing ]
Total numbers found: 527

= Typical LBRT range from 7/31/2020 to 4/17/2025
43.2
16.0
8.4
5.5
5.6
4.5
5.4
4.4
7.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 58
XBRL?   [ original filing ]
Total numbers found: 821

= Typical LBRT range from 7/31/2020 to 4/17/2025
40.9
16.1
10.7
7.3
3.4
6.1
6.2
5.0
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 824

= Typical LBRT range from 7/31/2020 to 4/17/2025
41.6
15.2
6.9
5.7
8.3
6.2
5.2
6.3
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 841

= Typical LBRT range from 7/31/2020 to 4/17/2025
33.2
15.1
10.1
11.0
9.4
7.2
5.6
6.3
2.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 555

= Typical LBRT range from 7/31/2020 to 4/17/2025
28.0
13.8
9.5
15.0
7.9
7.9
6.7
8.3
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 41
XBRL?   [ original filing ]
Total numbers found: 775

= Typical LBRT range from 7/31/2020 to 4/17/2025
39.2
16.5
10.5
7.7
4.1
5.6
5.2
5.0
6.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 727

= Typical LBRT range from 7/31/2020 to 4/17/2025
37.7
18.3
9.7
6.0
6.7
4.8
7.3
2.7
6.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 55
XBRL?   [ original filing ]
Total numbers found: 846

= Typical LBRT range from 7/31/2020 to 4/17/2025
36.9
18.5
6.3
7.0
6.1
5.3
8.2
4.3
7.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 43
XBRL?   [ original filing ]
Total numbers found: 588

= Typical LBRT range from 7/31/2020 to 4/17/2025
40.5
14.7
7.2
6.1
9.1
5.6
5.1
6.4
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 817

= Typical LBRT range from 7/31/2020 to 4/17/2025
38.9
12.8
10.5
8.1
5.4
7.1
7.0
6.9
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 802

= Typical LBRT range from 7/31/2020 to 4/17/2025
35.7
15.3
9.5
9.6
8.5
7.3
4.5
5.6
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 933

= Typical LBRT range from 7/31/2020 to 4/17/2025
 

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