Liberty Energy, headquartered in Houston, Texas, engages in acquiring and developing natural resource properties, primarily in Baylor County, with four leases covering 1,038 acres and 17 oil wells. The company went public on April 12, 2007, and holds interests in multiple Texas counties.
LBYE has been in the news recently: President-elect Trump nominated Chris Wright, CEO of Liberty Energy, as U.S. Secretary of Energy to promote fossil fuel production and enhance American energy independence. Wright's appointment highlights his role in Liberty Energy, a $2.7 billion company, and the broader American Shale Revolution.
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