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LBRT — Liberty Energy News Story

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Liberty Energy partners with SLB on power deal; shares rise

BUZZ-Liberty Energy partners with SLB on power deal; shares rise

** Shares of Liberty Energy LBRT.N rises ~3% to $25.96 premarket

** Co signs deal with SLB SLB.N to provide modular parts and power for data centers

** SLB would design and supply modular, prefabricated components for data center projects, while Liberty will provide natural gas-fired power generation

** Liberty plans to deploy about 3 gigawatts of power projects by 2029, while, SLB expects deliveries for data center projects to exceed 2 gigawatts by the end of this year

** SLB up 1% at $47.88

** As of last close, LBRT up 36.67% YTD


(Reporting by Dharna Bafna in Bengaluru)

((dharna.bafna@thomsonreuters.com))

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