Liberty Energy Inc 2020 AR2
The report highlights Liberty Oilfield Services' resilience and strategic achievements during the challenging business environment of 2020. Despite a significant drop in revenues due to the COVID-19 pandemic, the company maintained a strong balance sheet with no new debt and completed the transformative acquisition of Schlumberger's OneStim business. Liberty improved its safety performance, achieving a Total Recordable Incident Rate (TRIR) of 0.66, which was 18% lower than the industry average. Additionally, the company advanced its environmental initiatives by deploying cleaner Tier IV dual-fuel engines and developing its next-generation digiFrac electric frac pump technology.
Company: Liberty Energy Inc
Sector: Mining & quarrying
Country: United States
Year: 2020
Type: AR2
Pages: 116
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Liberty Energy Inc
Annual Report
The report highlights Liberty Oilfield Services' resilience and strategic achievements during the challenging business environment of 2020. Despite a significant drop in revenues due to the COVID-19 pandemic, the company maintained a strong balance sheet with no new debt and completed the transformative acquisition of Schlumberger's OneStim business. Liberty improved its safety performance, achieving a Total Recordable Incident Rate (TRIR) of 0.66, which was 18% lower than the industry average. Additionally, the company advanced its environmental initiatives by deploying cleaner Tier IV dual-fuel engines and developing its next-generation digiFrac electric frac pump technology.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees