Liberty Energy

Last updated
Liberty Energy
NYSE:  LBRT
Headquarters
Denver, Colorado, U.S.
Key people
Website libertyenergy.com

Liberty Energy Inc. is an American onshore oilfield services company based in Denver, Colorado. [1] Liberty Energy was founded by Chris Wright in 2011, [2] [3] who later became 17th United States secretary of energy. Under Wright's leadership, the company participated in the United States fracking boom of the 2010s. [4]

Contents

History

In 2020, Schlumberger sold their fracking division to Liberty Energy. [5] In 2023, Liberty Energy bought Siren Energy for $78 million. [6]

In 2023, the company paid for a media campaign against The North Face criticizing their environmental positions, while creating products made of petroleum-based plastics. [7]

In 2024, the company settled a blatant racial discrimination case with the Equal Employment Opportunity Commission for long-term toleration of racial slurs at a Texas oil field. [8]

During the Biden administration, Liberty Energy sued the federal govermnet over rules related to Environmental, social, and governance reporting and the United States Securities and Exchange Commission's requirements for reporting climate risk. [9]

References

  1. "Trump picks oil-industry CEO Chris Wright as energy secretary nominee". Reuters . 18 November 2024.
  2. "Liberty Energy sees oilfield fracking activity increasing early in 2024". Reuters . October 18, 2023.
  3. "Liberty Energy says 15 new frac fleets to hit U.S. market this year". Reuters . April 20, 2023.
  4. "Trump picks oil services CEO Chris Wright to lead Energy Department, alarming climate groups | ESG Dive". www.utilitydive.com. Retrieved 2025-10-08.
  5. "Schlumberger sells fracking unit as oil price cripples demand". Reuters . September 1, 2020.
  6. "Liberty Buys Permian-focused Siren, Launches New Alternative Fuel Unit". Yahoo Finance .
  7. "No Apologies: Oil & Gas CEO Challenges 'Ridiculously Hypocritical' Policies Of North Face". Cowboy State Daily. Retrieved 2025-10-08.
  8. "E&E News: Chris Wright's Liberty Energy settled racial bias suit with feds". subscriber.politicopro.com. Retrieved 2025-10-08.
  9. "Trump picks oil services CEO Chris Wright to lead Energy Department, alarming climate groups | ESG Dive". www.utilitydive.com. Retrieved 2025-10-08.