Denver-based Liberty Oilfield Services Inc., one of the largest completions experts in North America, is gearing up for increasing activity as exploration customers expand, according to CEO Chris Wright.

Liberty

The hydraulic fracturing (fracking) expert issued its first quarter results on Thursday, with Wright helming the conference call. Quarterly revenue jumped 16% sequentially – a strong signal that the onshore shift by exploration and production (E&P) companies has begun, he told analysts.

“We entered 2022 with the right people, asset base and strategy to execute in a tightening frack market,” he said. “This quarter demonstrated the benefits of our vertical integration strategy, as we successfully navigated an operationally challenging environment.”

Liberty in early...