Scotiabank lifts gold price forecast and upgrades Newmont, Barrick
DENVER - Liberty Energy Inc. (NYSE:LBRT), a $1.94 billion market cap energy services company with annual revenues exceeding $4.1 billion, announced Thursday the appointment of Alice Yake to its Board of Directors, adding expertise in energy infrastructure and power generation to the company’s leadership team. According to InvestingPro analysis, the company maintains a GOOD financial health score, operating with moderate debt levels.
Yake currently serves as VP of Grid Modeling Initiative at Breakthrough Energy, a position she began in April 2025. Prior to this role, she held senior positions at Xcel Energy Inc., including Senior Vice President, System Strategy and Chief Planning Officer from June 2022 to March 2025, and President of Xcel Energy - Colorado from May 2018 to June 2022.
"We are honored and pleased to have Alice on our Board," said Ron Gusek, Liberty’s CEO, according to the company’s press release. Gusek noted that Yake’s experience supports the growth trajectory of Liberty’s Power Innovations business.
Yake also serves on the board of directors of XOS, Inc. and has held leadership positions with the Smart Electric Power Alliance. She holds a B.S. in Management Information Systems from Texas A&M University and completed the Harvard Business School Program for Leadership Development.
Liberty Energy provides completion services and technologies to onshore oil, natural gas, and enhanced geothermal energy producers in North America. The company also operates Liberty Power Innovations LLC, which provides distributed power and energy storage solutions across various industries. While InvestingPro data shows the stock currently trades below its Fair Value, analysts have recently revised earnings expectations downward, with four analysts adjusting their forecasts for the upcoming period. For deeper insights into Liberty Energy’s valuation and prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
Founded in 2011, Liberty Energy is headquartered in Denver, Colorado. The company has maintained a consistent dividend policy, having raised its dividend for four consecutive years, with a current yield of 2.59%.
In other recent news, Liberty Energy reported its second-quarter 2025 financial results, revealing earnings per share of $0.12, which fell short of the forecasted $0.14. The company’s revenue also missed expectations, coming in at $1 billion compared to the anticipated $1.01 billion. Despite these results, Stifel reiterated its Buy rating for Liberty Energy, citing the company’s consistent high-performance ratings from customers in areas such as response time and equipment quality. Additionally, Liberty Energy announced the resignation of Audrey Robertson from its Board of Directors. Ms. Robertson has decided to join the U.S. Department of Energy as the Assistant Secretary for Energy Efficiency and Renewable Energy, pending Senate confirmation. Her resignation was initially conditional but has now been finalized. These developments highlight ongoing changes within the company and its strategic positioning in the market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.