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Liberty Energy jumps after Q1 profit topper, expects sequential revenue growth (LBRT:NYSE)

well workover process using acid to inject into the reservoir and intensify oil and gas production

Igor Borisenko/iStock via Getty Images

Liberty Energy (NYSE:LBRT) +9.5% in Thursday’s trading after reporting better than expected Q1 GAAP earnings and revenues, and saying it expects sequential growth in revenue and profitability in Q2 due to higher utilization.

Q1 net income fell to $20M from $82M in

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