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Turning up the pressure: Liberty Oilfield Services files for a $50 million IPO

February 14, 2017
BDFC

Liberty Oilfield Services, which provides hydraulic fracturing services for the oil and gas industry, filed on Tuesday with the SEC to raise up to $50 million in an initial public offering.

The Denver, CO-based company was founded in 2011 and booked $321 million in revenue for the 12 months ended September 30, 2016. It plans to list on the NYSE under the symbol BDFC. Morgan Stanley and Goldman Sachs are the joint bookrunners on the deal. No pricing terms were disclosed.