Liberty Oilfield reports smaller-than-expected loss, sees frac fleet growth

Capt. John

Liberty Oilfield Services LBRT.N reported a smaller-than-expected quarterly loss on Tuesday and forecast sequential growth in active frac fleets, as producers restore oil volumes, driven by an uptick in prices. Frac fleets refer to equipment, labor, vehicles and materials needed for hydraulic fracturing. Oil producers have been drilling fewer wells following a collapse in crude …

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https://www.hellenicshippingnews.com/liberty-oilfield-reports-smaller-than-expected-loss-sees-frac-fleet-growth/

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