Welcome to our dedicated page for Liberty Energy news (Ticker: LBRT), a resource for investors and traders seeking the latest updates and insights on Liberty Energy stock.
Liberty Energy Inc. (LBRT) delivers innovative hydraulic fracturing and integrated energy services to North American oil and gas operators. This page provides a centralized source for all official company announcements, press releases, and market-moving developments.
Investors and industry professionals will find timely updates on earnings reports, operational milestones, technology advancements, and strategic partnerships. Our curated feed ensures access to essential information, including updates on wireline services, field gas processing innovations, and sustainability initiatives.
Key content categories include quarterly financial results, equipment fleet expansions, data analytics applications, and regulatory developments. Bookmark this page to monitor how LBRT's technology-driven approach continues shaping efficient energy solutions across major U.S. and Canadian basins.
Liberty Energy (NYSE: LBRT) reported Q1 2025 financial results with revenue of $977 million, up 4% sequentially, and net income of $20 million ($0.12 EPS). The company achieved Adjusted EBITDA of $168 million, an 8% increase from Q4 2024.
Key highlights include $37 million distributed to shareholders through share repurchases and dividends, with 1.0% of shares retired during Q1. The company expanded its distributed power systems through the IMG Energy Solutions acquisition and successfully tested new digiPrime natural gas variable speed pump technology.
While facing market uncertainties due to tariffs and OPEC+ production strategy, Liberty reports excess demand for its services. The company expects sequential growth in revenue and profitability in Q2 2025 from higher utilization, while maintaining a strong balance sheet with $24 million cash on hand and total liquidity of $164 million as of March 31, 2025.
Liberty Energy (NYSE: LBRT) has announced a quarterly cash dividend of $0.08 per share of Class A common stock. The dividend will be paid on June 20, 2025, to shareholders of record as of June 6, 2025.
The company's Board of Directors maintains discretion over future dividend declarations, which will be subject to market conditions, capital availability, and the Board's determination of stockholders' best interests.
Liberty Energy (NYSE: LBRT) has scheduled the release of its first quarter 2025 financial results after market close on Wednesday, April 16, 2025. The company will host a conference call to discuss the results on Thursday, April 17, 2025, at 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time).
The presentation will be led by Ron Gusek, President and CEO, and Michael Stock, CFO. Investors can join via phone at (833) 255-2827 (US) or (412) 902-6704 (International). A live webcast will be available at investors.libertyenergy.com for 90 days following the call. A replay will be accessible until April 24, 2025, using passcode 6508118.
The Bettering Human Lives Foundation has announced its new Advisory Board, comprising distinguished energy industry leaders. The Foundation, launched by Liberty Energy Inc. (NYSE: LBRT) in January 2024, focuses on increasing access to clean cooking fuels in sub-Saharan Africa.
The Board includes prominent figures such as Alan S. Armstrong (Williams Companies), Vicki Hollub (Occidental Petroleum), and Ron Gusek (Liberty Energy) who will serve as the Foundation's Chairman. The advisory team will provide strategic guidance in transitioning families and schools from biomass fuels to clean-burning liquefied petroleum gas (LPG).
Executive Director Anne Hyre emphasized that the Board's expertise will be important in expanding the Foundation's impact in addressing energy poverty in Africa. The initiative aligns with Liberty Energy's mission of providing reliable, affordable, and secure energy solutions.
Liberty Energy Inc. (NYSE: LBRT) has acquired IMG Energy Solutions, a developer of distributed power systems. The acquisition enhances Liberty Power Innovation's capabilities by incorporating IMG's advanced engineering designs, software control systems, and power marketing expertise.
IMG brings a 4th generation modular power product design for microgrids, specifically suited for data centers. The company's solution features pre-engineered, pre-tested power blocks with minimal balance of plant equipment, enabling rapid deployment and site-specific adaptation.
Notable achievements include IMG's successful operation of a microgrid at Pittsburgh International Airport and the recent sale of six 21 MW natural gas power plants (127 MW total) to Tenaska in December 2023. The company maintains a 100% environmental compliance record with zero penalties across its operational portfolio.
Tamboran Resources (NYSE: TBN) has successfully completed stimulation operations at the Shenandoah South 2H sidetrack (SS-2H ST1) well in the Beetaloo Basin. The operation covered 35 stages across a 5,483-foot horizontal section in the Mid Velkerri B Shale, utilizing Liberty Energy's modern stimulation equipment.
Key achievements include:
- Record completion of five stages over 24-hour periods
- Average proppant intensity of 2,706 pounds per foot
- Wellhead injection rates above 100 barrels per minute
- Stage spacing optimized to ~168 feet for improved efficiency
The well demonstrated significant improvements compared to SS-1H, including a 234% increase in usable lateral stimulation length, 250% increase in stimulated stages, and 22% higher stimulation intensity. The next steps include clean out activities and commencement of initial flow back and extended production testing.
Liberty Energy (NYSE: LBRT) announced significant leadership changes with Ron Gusek appointed as Chief Executive Officer and Board member, while William Kimble becomes non-executive Chairman of the Board. These changes coincide with former CEO and founder Chris Wright's confirmation as U.S. Secretary of Energy.
Gusek, who has served as Liberty's President since November 2016, brings nearly 30 years of experience in strategic leadership. His appointment comes at a important time as Liberty focuses on expanding its power business and advancing technology innovation in completions services. Prior to his role as President, Gusek joined Liberty in 2014 as Vice President of Technology and Development, following leadership positions at Sanjel , Zodiac Exploration, and Pinnacle Technologies.
Kimble, who has served on Liberty's Board since its 2018 IPO and as Lead Director since October 2018, brings extensive experience from his three-decade career at KPMG. These leadership transitions are part of Liberty's long-term succession planning strategy.
Liberty Energy (NYSE: LBRT) reported its 2024 financial results with revenue of $4.3 billion, down 9% year-over-year, and net income of $316 million ($1.87 EPS). The company achieved an Adjusted EBITDA of $922 million and distributed $175 million to shareholders through share repurchases and dividends.
Fourth quarter 2024 results showed revenue of $944 million and net income of $52 million ($0.31 EPS). The company raised its quarterly dividend by 14% to $0.08 per share and continued its share repurchase program, retiring 1.0% of shares in Q4.
Looking ahead to 2025, Liberty expects a modest sequential increase in Q1 revenue and Adjusted EBITDA. The company plans to deploy 400 MW of power generation capacity for commercial applications by 2026 and will moderate its digiFleet deployments to four to five units while retiring legacy equipment.
Cummins (NYSE: CMI) and Liberty Energy (NYSE: LBRT) announced plans to deploy the industry's first natural gas variable speed, large displacement engine for Liberty's digiPrime hydraulic fracturing platform in the first half of 2025. The system features Cummins' HSK78G engine, a 3,000 horsepower natural gas variable speed engine offering direct drive solution with superior thermal efficiency.
The technology promises significant advantages including reduced fuel costs, lower emissions, and extended maintenance intervals - estimated at four times longer than standard diesel engines. The engine demonstrates high tolerance to methane content fluctuations and can operate across various gas compositions, providing flexibility in fuel sourcing. The system is designed to be EPA Mobile Off highway and CSA compliant, while maintaining compatibility with multiple well-servicing transmissions.
Cummins (NYSE: CMI) and Liberty Energy (NYSE: LBRT) announced plans to deploy the industry's first natural gas variable speed, large displacement engine for Liberty's digiPrime hydraulic fracturing platform in the first half of 2025. The system features Cummins' HSK78G natural gas engine, which will power a 3,000 horsepower direct drive solution.
The engine offers improved response time, load acceptance, and outstanding thermal efficiency, leading to reduced fuel costs and lower emissions. Key benefits include a maintenance interval four times longer than standard diesel engines and high tolerance to methane content fluctuations. The system is EPA Mobile Off highway and CSA compliant, maintaining reliability while reducing carbon footprint.
