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The latest update is out from Liberty Oilfield Services ( (LBRT) ).
On January 22, 2025, Liberty Energy Inc. announced the expansion of its Board of Directors, appointing Arjun Murti as a Class I director and Ron Gusek as a Class II director, contingent on CEO Chris Wright’s resignation due to his potential new role as the U.S. Secretary of Energy. The appointments signify strategic changes in leadership, with Gusek set to succeed Wright as CEO, reflecting the company’s focus on ensuring continuity and growth. Additionally, the Compensation Committee approved accelerated vesting of restricted stock units for Wright and established a comprehensive compensation package for Gusek, highlighting the company’s commitment to rewarding leadership and aligning incentives with performance goals.
More about Liberty Oilfield Services
Liberty Energy Inc. operates in the energy sector, providing services related to oilfield operations. The company focuses on offering innovative solutions and technologies to optimize energy production and efficiency.
YTD Price Performance: 9.22%
Average Trading Volume: 2,753,421
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $3.7B
For an in-depth examination of LBRT stock, go to TipRanks’ Stock Analysis page.
