Liberty Oilfield Services Inc. and Schlumberger announced an agreement for the sale of Schlumberger’s onshore hydraulic fracturing business in the United States and Canada, including…
Tag: American oilfield
Denver’s Liberty Oilfield Services IPO rolls out strong
Liberty Oilfield Services Inc. (NYSE: LBRT) (“Liberty”) announced today the pricing of an upsized initial public offering of 12,731,092 shares of its Class A common stock at $17.00 per share. The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol “LBRT” on January 12, 2018. In addition, Liberty and the selling shareholder granted the underwriters a 30-day option to purchase up to an additional 1,909,663 shares of Liberty’s Class A common stock at the initial public offering price, less underwriting discounts and commissions. The offering is expected to close on January 17, 2018, subject to customary closing conditions. Read more
Will we get $70 per barrel oil in 2018?
The oil market in 2017 finished quite optimistic. Black gold in December for the first time in 2.5 years reached the mark of $ 66…
CEO of Halliburton Co. says he can pull some levers to improve profits.
In the third quarter of 2017, the American oilfield service company Halliburton received a net profit attributable to the company at $ 365 million, which…