Liberty Energy Inc.

Company profile

Liberty Energy Inc. and its consolidated subsidiaries are an integrated energy services and technology company. They are among the largest providers of completions services and related technologies for onshore oil, natural gas, and enhanced geothermal exploration and production (E&P) companies.

Core offerings

• Completions services
  • Hydraulic fracturing (fracking) fleets
  • Wireline services
  • Proppant delivery solutions
  • Field gas processing and treating
  • Compressed natural gas (CNG) delivery
  • Data analytics
  • Related goods, including sand mine operations
  • Technologies to support lower-emission completions
• Integrated service ecosystem
  • Proppant handling and delivery logistics
  • Last-mile proppant delivery solutions
  • Real-time logistics software (PropConnect™ SaaS)
  • Natural gas fueling services and associated equipment
• Single operating segment with one reportable geographic area: North America (primarily active in major shale basins)

Geographic and basin footprint

Operations are concentrated in North America with emphasis in:

• Permian Basin
• Williston Basin
• Haynesville Shale
• Eagle Ford Shale
• Denver-Julesburg Basin (DJ Basin)
• Western Canadian Sedimentary Basin
• Powder River Basin
• Appalachian Basin (Marcellus and Utica Shales)

Also active in Australia (Beetaloo Basin, Northern Territory).

Liberty Power Innovations (LPI) and distributed power

• LPI provides distributed power and energy storage solutions.
• Formed to support Liberty’s transition to next-generation digiFleets and dual-fuel fleets.
• January 2025: Expanded into the distributed power business.
• March 3, 2025: Completed acquisition of IMG Energy Solutions (IMG) for approximately $19.6 million in cash (net of cash received).
• 2025 focus: Planning and development of an integrated power service platform and expanded natural gas fueling services for larger distributed power installations.
• January 2026 developments related to LPI:
  • Agreement with Vantage Data Centers to develop at least 1 GW of power solutions (firm reservation of 400 MW for 2027).
  • Power reservation and preliminary energy services agreement for a 330 MW data center expansion in Texas.
  • Plan to deploy approximately 3 GW of power projects by 2029.

Technologies, products, and strategic capabilities

• DigiTechnologies℠: electric and hybrid frac pumps (digiFrac℠ and digiPrime℠) designed for lower emissions
• DGB (dual-fuel dynamic gas blending) engines for substantial natural gas use
• Quiet Fleet® technology to reduce noise
• Wet/dry sand handling innovations and ship-to-site sand logistics
• DigiFleets℠ deployments (digiFrac, digiPrime, and associated equipment) with mobile generation for remote power
• Proppant handling equipment and software to optimize logistics and efficiency
• Proprietary databases and analytics for fracture design optimization
• Software platform PropConnect™ (hosted software as a service)

Intellectual property

• Approximately 500 patents and patent licenses covering engineering and technology solutions
• Strong focus on data analytics, fracture design, and operational efficiency

People and organizational scale

• Employees: approximately 5,800 (as of December 31, 2025)
• Fleet growth: from 1 active hydraulic fracturing fleet in 2011 to about 40 active fleets as of December 31, 2025
• Sand mines: two (Permian Basin)
• Safety and training: emphasis on health, safety, and environmental performance; Liberty Frac Academy for training and safety

Notable corporate actions and leadership

• February 3, 2025: Christopher A. Wright resigned as Secretary of Energy; William Kimble appointed non-executive Chairman; Ron Gusek became CEO and Director
• January 22, 2025: Arjun Murti appointed to the Board
• 2024–2025: Expanded LPI’s scope and introduced advanced power solutions; acquired IMG Energy Solutions in 2025

Summary

Liberty Energy is a North American-focused, integrated energy services and technology company specializing in completions for oil, natural gas, and enhanced geothermal projects. Its offerings combine hydraulic fracturing, wireline, proppant delivery, gas processing, data analytics, and related equipment, with an emphasis on emissions reduction and digital logistics. The company operates Liberty Power Innovations (LPI) to expand into distributed power solutions, including recent acquisitions and planned multi-gigawatt deployments to serve data centers and other large-scale consumers. It maintains a sizable patent estate, a growing fleet of hydraulic fracturing units, and a substantial non-union workforce.