Liberty Energy Overview - Liberty Energy is the 4th largest North American Oilfield Services (OFS) company based on TTM revenue through December 31, 2023[7, 9, 25, 27] - The company's average Cash Return on Capital Invested (CROCI) from 2012-2023 is 24%[11, 25] - Liberty Energy's trailing twelve month (TTM) revenue is $47 billion and adjusted EBITDA is $12 billion as of December 31, 2023[25] Technology and Fleet Transition - Liberty Energy expects 90% of its fleet to be primarily natural gas powered by the end of 2024[19] - The company's digiFleets and dual fuel fleets earn premium pricing[19] - digiFleets are expected to comprise the majority of Liberty's fleet within 5-7 years[19] Capital Returns - Liberty Energy has returned $328 million to shareholders through buybacks[20] - The company has repurchased 12% of shares outstanding since the buyback reinstatement in July 2022[20, 25] - Liberty Energy raised the quarterly cash dividend to $007 per share in Q4 2023[20]