M&A - Liberty Energy Inc.

Form Type: 10-Q

Filing Date: 2025-04-17

Corporate Action: Acquisition

Type: Update

Accession Number: 000169402825000083

Filing Summary: Liberty Energy Inc. reported for the quarterly period ended March 31, 2025. The company disclosed financial results reflecting revenues of $977,461,000, a decrease from the prior year's $1,073,125,000. They incurred a net income of $20,111,000 compared to $81,892,000 in the prior year. The company's cost of services was reported at $761,616,000, contributing to overall operating income of $18,172,000. They mentioned the acquisition of IMG Energy Solutions during the quarter as a significant event, highlighting ongoing investments and various operational costs. The total assets as of March 31, 2025, were reported at $3,355,822,000, with total liabilities of $1,381,710,000, leading to stockholders' equity of $1,974,112,000. The document also includes cautionary forward-looking statements and emphasizes risks that could impact future performance.