for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Liberty Oilfield Services posts smaller loss on demand recovery

Feb 4 (Reuters) - Liberty Oilfield Services on Thursday said its fourth-quarter loss narrowed from the third, helped by an uptick in demand for its equipment and fracking services following a pandemic-induced fallout in drilling activity.

The Denver-based company’s net loss stood at $48 million, or 41 cents per share, in the fourth quarter ended Dec. 31, compared with a loss of $49 million, or 41 cents per share, in the third quarter. (Reporting by Rithika Krishna in Bengaluru; Editing by Ramakrishnan M.)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up