The continuing need for oil and gas isn’t going anywhere anytime soon, as evidence by the world’s use during the global business shutdowns caused by the pandemic of 2020. Which means demand is about to surge as world economies recover.
That’s according to several panelists who participated Colorado Business Roundtable’s “Road to Recovery Series: Colorado’s Energy Industry” in Denver Tuesday.
“Even in the midst of the largest economic slowdown we’ve seen in decades, the world was still utilizing 90% of the oil and gas it was using at pre-pandemic levels,” said Hodge Walker, vice president of Chevron Rockies Business Unit. “It’s further evidence of how ingrained the oil and gas industry is in the world economy. That said, we need to be thinking about the future, and the future being clean energy. …. We need to think about how we produce cleaner energy, with returns the investors are looking for and in an efficient way.”
Operator
Good morning, and welcome to the Liberty Oilfield Services Fourth Quarter and Year-End 2020 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today s presentation, there will be an opportunity to ask questions. Please note that this event is being recorded.
Some of our comments today may include forward-looking statements reflecting the Company s view about future prospects, revenues, expenses, or profits. These matters involve risks and uncertainties that could cause actual results to differ materially from our forward-looking statements. These statements reflect the Company s beliefs based on current conditions that are subject to certain risks and uncertainties that are detailed in the Company s earnings release, and other public filings.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Liberty Oilfield Services Inc. Announces Timing of Release of Fourth Quarter and Full-Year 2020 Financial Results and Conference Call
January 21, 2021 GMT
DENVER (BUSINESS WIRE) Jan 21, 2021
Liberty Oilfield Services Inc. (NYSE: LBRT) announced today that it will release its financial results for the fourth quarter and full-year 2020 after the market closes on Thursday, February 4, 2021. Following the release, the Company will host a conference call to discuss the results at 8:00 AM Mountain Time (10:00 AM Eastern Time) on Friday, February 5, 2021. Presenting the Company’s results will be Chris Wright, Chief Executive Officer, Ron Gusek, President and Michael Stock, Chief Financial Officer.