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LBRT Stock - Liberty Energy Inc.


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Liberty Energy Inc. is a prominent provider of hydraulic fracturing and wireline services, along with associated goods, to onshore oil and natural gas exploration and production companies across North America. The company specializes in hydraulic fracturing pressure pumping services, which are essential for enhancing the production of oil and gas wells. Its comprehensive service offerings include pressure pumping and pumpdown perforating, as well as wireline services and proppant delivery solutions, which support the efficient extraction and management of hydrocarbon resources.

In addition to its core hydraulic fracturing and wireline services, Liberty Energy provides advanced data analytics and technology solutions designed to optimize the performance of oil and gas operations. The company operates two sand mines located in the Permian Basin, which are integral to its proppant delivery operations. These mines enable Liberty Energy to supply high-quality sand, a crucial component in the hydraulic fracturing process, ensuring a reliable and efficient service for its clients.

As of December 31, 2021, Liberty Energy boasted a fleet of approximately 30 active hydraulic fracturing fleets. The company serves major oil and gas production regions, including the Permian Basin, Eagle Ford Shale, Denver-Julesburg Basin, Williston Basin, and Powder River Basin. Its extensive service network and technological capabilities make it a key player in the North American energy sector, providing critical support to oil and gas operators in these prolific regions.

Formerly known as Liberty Oilfield Services Inc., the company rebranded to Liberty Energy Inc. in April 2022 to better reflect its expanded service offerings and market position. Founded in 2011 and headquartered in Denver, Colorado, Liberty Energy has established itself as a leader in the hydraulic fracturing industry, with a commitment to delivering high-performance solutions and innovative technologies to its clients in the oil and natural gas sectors.

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