DENVER–(BUSINESS WIRE)–Liberty Oilfield Services Inc. (NYSE: “BDFC”) announced today that it has launched an initial public offering of 22,857,143 shares of its Class A common stock at an anticipated initial offering price between $16.00 and $19.00 per share pursuant to a registration statement on Form S-1 previously filed with the Securities and Exchange Commission. Liberty is offering 22,014,955 shares of its Class A common stock, and the selling shareholder named in the Registration Statement is offering 842,188 shares of Liberty’s Class A common stock. In addition, Liberty and the selling shareholder intend to grant the underwriters a 30-day option to purchase up to an additional 3,428,571 shares of Liberty’s Class A common stock at the initial public offering price, less underwriting discounts and commissions. The shares have been authorized for listing on the New York Stock Exchange under the ticker symbol “BDFC,” subject to official notice of issuance.

Morgan Stanley, Goldman, Sachs & Co., Wells Fargo Securities, Citigroup, J.P. Morgan and Evercore ISI are acting as joint book-running managers for the proposed offering.

About Liberty Oilfield Services Inc.

Liberty Oilfield Services Inc. is an independent provider of hydraulic fracturing services to onshore oil and natural gas exploration and production companies in North America.