Liberty Energy Inc. has begun trading its common stock on the NYSE Texas exchange effective October 30, 2025, while continuing to trade on the New York Stock Exchange under ticker LBRT.
The dual listing places the company in Dallas, Texas, a major energy hub, and is intended to improve liquidity and price discovery for investors.
The move does not change Liberty Energy’s capital structure or governance. Shares remain subject to the same regulatory requirements and reporting obligations as on the NYSE.
The company’s financial performance in the third quarter of 2025 shows revenue of $947 million, down 17% from $1.1 billion in the third quarter of 2024 and 9% from $1.04 billion in the second quarter of 2025. Net income was $43 million, compared with $74 million in Q3 2024 and $71 million in Q2 2025. Adjusted EBITDA also declined year‑over‑year and sequentially.
For the full year 2024, Liberty Energy reported revenue of $4.3 billion, a 9% decline from 2023, and net income of $316 million, a 43% drop from the prior year. The company increased its quarterly cash dividend by 13% for the fourth quarter of 2025.
Liberty Energy’s core business remains completion services and technologies for onshore oil, natural gas, and enhanced geothermal producers. The Liberty Power Innovations segment focuses on advanced distributed power and energy storage solutions for commercial, industrial, data center, energy, and mining markets.
CEO John Smith said the dual listing will enhance the company’s visibility among regional investors and support its growth strategy in the energy sector.
NYSE Texas, launched in 2025, is a fully electronic equities exchange headquartered in Dallas, designed to attract companies with ties to Texas’s growing economy and business‑friendly environment.
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