The Denver-based company’s net loss attributable to shareholders stood at $34.5 million, or 41 cents per share, in the third quarter ended Sept. 30.
SEATTLE (Oil Monster): Liberty Oilfield Services posted a quarterly loss on Tuesday compared with a year-ago profit, as demand for its fracking services dropped due to a coronavirus-led crash in crude prices.
The Denver-based company’s net loss attributable to shareholders stood at $34.5 million, or 41 cents per share, in the third quarter ended Sept. 30, compared with a profit of $11 million, or 15 cents per share, a year earlier.
Courtesy: www.reuters.com
| United States Crude Oil Prices | |||
|---|---|---|---|
| COMMODITY | PRICE | CHANGE | |
| Alabama Heavy Asphaltic Sour | 64.94 | -1.73 | |
| Alabama Light Sour | 72.16 | -1.92 | |
| Alabama Light Sour Womack Hill Type | 55.28 | +5.30 | |
| Alabama Light Sweet | 77.16 | -1.92 | |
| Alabama/ Florida Panhandle | 72.22 | -3.60 | |
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