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: Cummins Inc. will introduce the first natural gas variable speed engine for Liberty Energy's digiPrime platform in early 2025, aiming to improve efficiency and lower emissions. In 2024, Liberty Energy Inc. reported $4.3 billion in revenue and $316 million in net income, while also increasing its dividend by 14% to $0.08 per share.
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