Energy Services Sector Reports

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Liberty Energy Inc.
Filing Date: 2024-07-18
TL;DR
  • 💰 Revenue: $2.23 billion for the first half of 2024.
  • 📉 Net Income: $190.3 million, down from $315.3 million last year.
  • 🌱 Sustainability: Focus on reducing emissions with new technologies.
  • 🔧 New Tech: Launched innovative digiFleets and dual fuel fleets.
Major Announcements

Liberty Energy announced the launch of Liberty Power Innovations LLC, an integrated alternative fuel and power solutions provider. The company also completed the acquisition of Siren Energy & Logistics, LLC.
Weatherford International plc
Filing Date: 2024-07-24
TL;DR
  • 📈 Revenue Growth: Revenue increased to $2.8 billion in the first half of 2024.
  • 💡 Innovative Services: Expanded services in drilling, well construction, and production.
  • 🌍 Global Reach: Operating in 75 countries with significant growth in the Middle East and Asia.
  • 🌿 Sustainability: Committed to reducing environmental impact and increasing use of renewable energy.
Major Announcements

Weatherford made several significant announcements in 2024, including new partnerships in the Middle East and investments in digital solutions to enhance service delivery. They also announced a new $500 million share repurchase program.
ProFrac Holding Corp.
Filing Date: 2024-08-09
TL;DR
  • 📉 Revenue Drop: Revenue decreased by $129.8 million in Q2 2024.
  • 💸 Net Loss: Experienced a net loss of $66.7 million in Q2 2024.
  • 🛠️ New Acquisitions: Acquired BPC and AST to expand services.
  • 📈 Debt Increase: Long-term debt increased by $126.5 million.
Major Announcements

Major announcements in 2024 include the acquisitions of BPC and AST, as well as new partnerships aimed at enhancing their service capabilities and expanding their market reach.
psss. want annual reports you can read in 30 seconds?