Liberty Energy, headquartered in Denver, provides hydraulic fracturing and related services to onshore oil and gas companies in North America, employing 5,500 staff since its IPO in January 2018. The company operates primarily in major basins, offering services like wireline, proppant delivery, and data analytics.
LBRT has been in the news recently: Cummins Inc. will introduce a natural gas variable speed engine for Liberty Energy's digiPrime platform in early 2025, aimed at improving efficiency and lowering emissions. In 2024, Liberty Energy Inc. generated $4.3 billion in revenue and $316 million in net income, while also announcing a 14% increase in its dividend to $0.08 per share.
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