Financial PerformanceLiberty Energy (LBRT) posted an adjusted EBITDA of $245mm and expects robust cash flow generation in 2024, which should support technology transition investments and returns to shareholders.
Innovation And Market ExpansionLBRT’s investment in efrac is creating separation from peers and better stability to its base business, with future customers for Liberty Power Innovations potentially including data centers, hospitals, mining, indicating significant market expansion.
Shareholder ConfidenceLBRT's share repurchase program, with 1.48mm shares bought back, signals strong confidence in the company's value and commitment to delivering shareholder returns.