News & Events zu Liberty Energy Inc (LBRT)LBRTLiberty Energy Inc

Liberty Reports Q2 Revenue of $1.2B, Beating Expectations

Reports Q2 revenue $1.2B, consensus $1.09B. "Q2 demonstrated strong operational execution as our team continued to deliver proven quality services amidst commodity price volatility and heightened geopolitical uncertainty. Liberty delivered revenue of $1.2B and Adjusted EBITDA of $151M, leveraging the benefits of our strategic investments and AI-driven technology advancements as the industry modestly strengthened from early year cyclical lows," commented Ron Gusek, Chief Executive Officer. "We believe the opportunities in front of Liberty today are broader and more diverse than at any point in our history. Our completions business continues to benefit from years of disciplined investment in technology, execution, and customer relationships, while our power platform continues to advance through commercial engagement, strategic relationships, and the development of differentiated capabilities across the energy infrastructure value chain," continued Mr. Gusek. "We remain focused on disciplined capital allocation, operational excellence, and investing in opportunities that strengthen our competitive position and create long-term value for our shareholders."

Tamboran Resources Completes Largest Stimulation Campaign in Beetaloo Basin

Tamboran Resources (TBN) has successfully completed stimulation, cleanout and completion activities of the Shenandoah South 3H, -4H and -5H wells in the Northern Pilot Area of the Beetaloo Basin. Stimulation activities were conducted by the Liberty Energy (LBRT) frac fleet. The program was the first three-well zipper stimulation and the largest campaign ever conducted in the Beetaloo Basin, with 178 stages placed across ~30,000 feet within the Mid Velkerri B Shale formation. Tamboran Resources Corporation Chief Executive Officer, Todd Abbott, said: "The successful completion of the SS-3H, -4H and -5H stimulation program is a significant achievement for Tamboran and for the Beetaloo Basin. Delivering the largest stimulation campaign in the basin's history, including records of 12 stages in a single day and pumping operations exceeding 20 hours per day, is a testament to the skill and dedication of our operational team and partners, including Liberty Energy. "

SLB, LBRT Form Global Alliance to Deliver 1.3–2 GW Data Center Solutions

SLB (SLB) announced an agreement with Liberty Energy (LBRT) to form a strategic alliance that will deliver modular infrastructure and integrated power generation solutions for new data center projects globally. The collaboration will bring together complementary expertise in modular infrastructure, power generation and operations to support the rapid deployment of new data center capacity and help the world's leading AI companies address increasingly complex energy requirements. Under the planned alliance, SLB will provide modular infrastructure solutions, project execution capabilities and global market reach, while Liberty will provide modular power generation systems, behind-the-meter intelligent power controls and operational expertise. In addition to delivering infrastructure and power solutions, the companies plan to collaborate on technologies aimed at improving the efficiency, flexibility and environmental performance of future data center energy systems, including hybrid power systems, digital energy management and advanced power architectures. Since April 2024, SLB has shipped more than 1.3 gigawatts of prefabricated modular infrastructure for data center projects and expects cumulative deliveries to exceed 2 gigawatts globally by year-end. Liberty plans to deploy approximately 3 gigawatts of power projects by 2029.