Saturday, April 29, 2017

Best Damn Fracking Company Goes Public -- April 29, 2017


May 1, 2017: CNBC spent a minute or so on this story.

Original Post 

Only in the oil and gas sector.


IPO: $16 - $19 / share.

Liberty Oilfield Services, Inc. Data points:
  • Denver-based
  • 22 million shares issued
  • best ticker symbol ever? Right up there with LUV and a few others.
From the link: "The company has helped to lead several trends in the Williston Basin."

Also at the link:
In addition to operations in the Bakken, Liberty has expanded within the past two years into other basins including the Permian, Eagle Ford and Niobrara.
During that time, Liberty also acquired the North American assets of a Canadian-based pressure pumping company and unveiled a unique quiet fleet technology offering that reduces noise emissions during hydraulic fracturing operations.
Recently, Liberty created and unveiled to its Williston Basin customers a trademarked Frac Trend View that allows users to view why operators have good wells in specific areas, what the best wells in a given area have in common and other unique frack-based information for a given shale play.

Best damn story of the day.

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