Liberty Oilfield Services Inc. (LBRT) experienced a significant after-hours plunge of 6.67% following the release of its full-year 2025 financial results and the announcement of a new capital raising initiative.
The company reported that its FY2025 revenue came in at USD 4.01 billion, representing a 7.2% decrease compared to the previous year. This decline in top-line performance likely contributed to negative investor sentiment in the post-market session.
Simultaneously, Liberty Energy announced a proposed offering of $500 million in convertible senior notes. The announcement of such a sizable offering, which can lead to potential shareholder dilution, appears to have further pressured the stock price. Additional details regarding capped call transactions with initial purchasers and an option to purchase an extra $50 million in notes were also disclosed alongside the main offering announcement.
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