Liberty Energy sees Q2 revenue growing sequentially, consensus $1.01B

CEO Gusek said, “In the second quarter, we expect sequential growth in revenue on increased utilization and corresponding improvement in profitability. While a challenging market in recent years led many to retrench investment, we chose to lean in and accelerate strategic investments. We have fortified our competitive advantages in power and completion technologies and are well prepared to meet the rising demand for our services that Liberty is seeing today.”