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Liberty Oilfield Services

32 articles mentioning Liberty Oilfield Services · Page 2 of 2

U.S. Frac Crews: Week Ending - May 1, 2020

U.S. Frac Crews: Week Ending - May 1, 2020

This week we report that U.S. frac crews took another leg down. Current crew count ended the week at 69. Weekly Changes Year to date changes

Active Frac Spreads / Frac Crews Week Ending - April 24, 2020

Active Frac Spreads / Frac Crews Week Ending - April 24, 2020

The U.S. frac spreads/completion crew count for the week ending 4/24/2020 is 91. This mark another week where operators are focused on reducing not just their rig count by also completion count as well. To get...

Frac Market Update :  Operators Drop 45 Frac Crews

Frac Market Update : Operators Drop 45 Frac Crews

As more and more operators cut rig counts, they are also dropping frac fleets as well. Below is our Frac Fleet Update as of 4/19/2020 U.S. Frac Crews/ Completion Spreads To demonstrate the share magnitude of...

U.S. Frac Crew Count/Completion Spreads: Week Ending April 11, 2020

U.S. Frac Crew Count/Completion Spreads: Week Ending April 11, 2020

In another week, we look at our Frac Crew Tracking data. This week frac crew count comes in at 188, which is down (-31) from last week. A few observations from our field surveys. - Two...

Liberty Slims Down Staff, Capex, Fleets; Execs Take Further 10% Pay Cut (30% Total)

Liberty Slims Down Staff, Capex, Fleets; Execs Take Further 10% Pay Cut (30% Total)

Liberty Oilfield Services Inc. has reduced the size of its workforce, the number of active frac fleets deployed, capital expenditures and its general and administrative cost structure in response to significantly lower customer activity. The amount...

Liberty Oilfield Services Execs Take Salary Cuts

Liberty Oilfield Services Execs Take Salary Cuts

Liberty Oilfield Services said In response to an uncertain economic environment, all members of the executive team voluntarily requested a base salary reduction in the amount of 20% effective April 1, 2020. CEO Chris Wright said:...

Frac Companies Grows Activity, Even As Others Talk Slowdown

Frac Companies Grows Activity, Even As Others Talk Slowdown

Liberty Oilfield Services provided its 2Q update. Here are the quick points. 1. Revenue increased +1.3% sequentially to $542 million, however a decrease of -14% year over year. 2. Revenue per fleet increased +1.3% sequentially to...

Liberty Oilfield Services Adds Regulation Expert to Board

Liberty Oilfield Services Adds Regulation Expert to Board

Liberty Oilfield Services Inc. has named Gale Norton, former U.S. Secretary of the Interior, to its Board of Directors. She has also been appointed as Chair of Liberty’s Nominating and Governance Committee. About Norton: Gale Norton...

Liberty Continues Adding Frac Fleet in Over-Supplied Market

Liberty Continues Adding Frac Fleet in Over-Supplied Market

In continued coverage of pressure pumpers and their thoughts on the frac market, we now look at what Liberty had to say during its 2Q 2018 report. CEO Christopher Wright commented, "Liberty’s operations in the Permian...

Liberty Oilfield Services Launches IPO

Liberty Oilfield Services Launches IPO

Liberty Oilfield Services Inc, today annouced the launch of intention to offer 10.7 million shares priced between $14-$16 a share. The company will be traded on the NYSE under the symbol LBRT (NYSE:LBRT). About Liberty Oilfield....

Riverstone-backed Liberty Oilffield Prices IPO

Liberty Oilfield Services, which is backed by Riverstone has priced its IPO of 22 million shares between $16 and $19 per share. The stock will trade on the NYSE under the symbol BDFC.

Select Sands Scores Contract With Liberty Oilfield

Select Sands Scores Contract With Liberty Oilfield

Select Sands annouced it had scored an agreement with liberty oilfield services to supply 40/70 and 100 mesh sand from the company's Arkansas location.