Liberty Oilfield Services Inc. announced first quarter 2021 financial and operational results, with revenue of $552 million and a net loss of $39 million, or $0.21 fully diluted loss per share, for the quarter ended March 31.
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Schlumberger Abandons Frac Work; Sells Out to Liberty
Schlumberger has become the biggest oil-service industry player yet to abandon frac work in North America, a sign that activity in the U.S. shale patch may never revisit previous highs, according to Bloomberg.
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