Strong First Quarter Revenue
Liberty Energy Inc. reported a first quarter revenue of $977 million, marking a 4% sequential increase from $944 million in the prior quarter.
Improved Adjusted EBITDA
The company achieved an adjusted EBITDA of $168 million, an 8% increase from $156 million in the previous quarter.
Advanced Technological Initiatives
Liberty Energy Inc. launched The Hive, a next-generation digital intelligence hub, and saw increased life expectancy of equipment components by implementing AI-driven predictive maintenance.
Strategic Acquisition
The acquisition of IMG, a leader in distributed power systems, strengthens Liberty's position in the PJM utility market.
Expansion of Power Services
Liberty is expanding its power services beyond the oilfield, including projects in data centers up to 250 megawatts in size.
Resilient Pricing for Next-Gen Assets
Pricing remains strong for next-generation Digi fleets, reflecting continued customer demand for high-quality assets.