Business Strategy and Outlook| Katherine Olexa |
Liberty Energy has provided hydraulic fracturing services since 2011, expanding from one active fleet to nearly 40 over the past decade. Most of its management team has been involved in technological innovation for fracking since the 1990s. Current tech solutions include statistical analysis to optimize frac design and dual-fuel fleets. The 2020 acquisition of OneStim from Schlumberger, previously the leader in North American pressure pumping, doubled Liberty's capacity while adding a slew of previously unpenetrated customers and shale basins.