This 1 Little-Known Energy Stock Is Pivoting to Data Centers – and It’s Got Big Ties to Trump

Core Insights - Liberty Energy (LBRT) is transitioning towards the power business as its core oil and gas services face challenges, with a recent stock surge of 37% reflecting this shift [1] - The stock price appears to be factoring in the decline in the oil services sector, making developments in the power business crucial for future stock performance [2] Company Overview - Liberty Energy is a major player in the energy services sector, primarily providing completion services and technologies to onshore oil and natural gas producers in North America [3] - The company has diversified into advanced distributed power and energy storage solutions through its subsidiary, Liberty Power Innovations, positioning itself to capitalize on the data center boom [3] Financial Performance - For Q3 2025, Liberty Energy reported revenues of $947 million, representing a sequential decline of 9%, with adjusted EBITDA at $128 million, down 29% sequentially [4] - In the first nine months of 2025, the company experienced a year-on-year revenue decline of 12% to $3 billion, and adjusted EBITDA fell by 38% to $477 million, attributed to global macroeconomic challenges and oil oversupply [5] Growth Strategy - To counteract the downturn in its completions business, Liberty Energy plans to invest $1.5 billion to enhance its power capacity to over 1 gigawatt, aiming for a comprehensive service offering that includes gas procurement, infrastructure development, and grid management [6]