Fleet Quality And Growth PotentialLBRT deserves a premium to peers given the quality of its fleet and execution, as well as the growth potential of LPI.
Shareholder ReturnsLBRT repurchased ~$39MM of shares, or 1.2% of shares outstanding, with a total shareholder return of ~$50MM.
Technological AdvancementsThe transition to digiFleets and dual fuel technologies should support higher profitability and returns.