Liberty Energy (LBRT) Q3 FY26 earnings call

Liberty Energy delivered solid Q3 FY26 results, driven by strong completions execution and record natural gas fuel substitution for customers. The quarter was highlighted by a landmark strategic development agreement with a frontier AI lab for 1.2 GW of integrated power services, signaling significant expansion in its power segment. Despite some drilling delays and cost inflation, the company increased its dividend and outlined a robust financial strategy to fund growth in both its core completions business and the rapidly expanding power infrastructure segment, positioning for strong returns