Bullish indicating open at $55-$60, IPO prices at $37
DENVER - Liberty Energy Inc. (NYSE:LBRT), a $2.93 billion market cap energy services company, announced Monday the resignation of board member Audrey Robertson, following her nomination for a government position. Robertson intends to step down from the oil and gas service company’s board contingent on confirmation by the U.S. Senate as Assistant Secretary of Energy, Efficiency and Renewables.
The departure was made public in a filing with the Securities and Exchange Commission on Tuesday, February 18, 2025. According to the filing, Robertson will continue her duties as a board member until the Senate ratifies her new role.
Liberty Energy, previously known as Liberty Oilfield Services Inc ., operates within the oil and gas field services sector under the industrial classification of NBC [1389]. The company’s headquarters are located at 950 17th Street, Suite 2400, Denver, Colorado.
The 8-K filing included a cautionary statement regarding forward-looking statements, a standard practice to inform investors that statements regarding future events are not guarantees and that actual outcomes may differ.
The company’s legal officer, R. Sean Elliott, signed the report, fulfilling the requirements of the Securities Exchange Act of 1934. Liberty Energy has not yet announced a successor or interim director to fill Robertson’s seat on the board.
This announcement comes during a period of heightened attention to energy policies and the transition to renewables in the United States. The move underscores the ongoing interplay between the energy sector and government as the country navigates its energy future.
The information in this article is based on a press release statement from Liberty Energy Inc.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.