- Business
- Liberty Energy Corp. (NYSE: LBYS) provides hydraulic fracturing and complementary services to onshore oil and natural gas exploration and production companies primarily in North America. The company offers a range of completion services and products, including hydraulic fracturing (frac) fleets and related equipment; proppant, sources, and logistics; chemical and technology solutions; wireline services; and other auxiliary services such as pumpdown, flowback, and drilling. Its ProFrac and other brands deliver advanced completion technologies, including electric-powered frac fleets, low-emission Tier 4 DGB engines, and engineered chemical systems designed to optimize well productivity while minimizing environmental impact. Liberty Energy operates across major U.S. basins, including the Permian, Eagle Ford, and Bakken, serving exploration and production operators with a focus on efficiency and sustainability; it was founded in 2017 following the combination of Liberty Oilfield Services and Frontier Proppant & Production, with headquarters in Denver, Colorado. In recent developments, the company expanded its electric frac fleet capabilities with the deployment of additional e-fleet units in 2024 and entered a strategic alliance with a leading E&P operator for low-emission completions in the Permian Basin; it also completed a $150 million notes offering in mid-2025 to fund fleet modernization and reported record frac crew utilization amid rising North American drilling activity.