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Cummins and Liberty Energy Partner to Develop and Deploy Industry-First Variable Speed, Large Displacement Natural Gas Engine Powered Hydraulic Fracturing System

1. Cummins and Liberty Energy launch variable speed natural gas engine for fracturing systems. 2. Engine expected to reduce fuel costs and emissions in completions market. 3. Projected maintenance interval increases by four times compared to standard diesel engines. 4. Engine adapts to various fuel compositions, enhancing operational flexibility. 5. Partnership enhances both companies' service offerings and promotes sustainability.

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FAQ

Why Bullish?

This innovation positions Cummins competitively, similarly to past successful product launches that boosted shares.

How important is it?

The collaboration with Liberty positions Cummins strongly in a critical growth market.

Why Long Term?

The shift towards sustainable solutions aligns with market trends, influencing future revenue positively.

Related Companies

Cummins and Liberty Energy Partner to Develop and Deploy Industry-First Variable Speed, Large Displacement Natural Gas Engine Powered Hydraulic Fracturing System

COLUMBUS, Ind. & DENVER, Colo.--()--Cummins Inc. (NYSE: CMI) and Liberty Energy Inc. (NYSE: LBRT) (“Liberty”) today announced that the industry’s first natural gas variable speed, large displacement engine to power Liberty’s digiPrime hydraulic fracturing platform will be deployed in the first half of 2025...

Cummins HSK78G natural gas engine was first launched in March 2019 as part of a fixed speed generator set for the power generation market...

Further savings can be found from the maintenance and servicing of the HSK78G variable speed engine...

“The successful development of the variable speed digiPrime pump reflects our continued commitment to innovation in pump technology...”

One of the key benefits of the HSK78G base engine that makes it inherently well suited to the well-servicing industry...

"We are excited for this new chapter of our relationship with Liberty, as we work together to adapt Cummins technology..."

About Cummins Inc.

Cummins Inc., a global power solutions leader, comprises five business segments...

About Liberty Energy

Liberty Energy Inc. (NYSE: LBRT) is a leading energy services company...

Forward-Looking and Cautionary Statements

The information above includes “forward-looking statements” within the meaning...

Contacts

Liberty Energy
Michael Stock
Chief Financial Officer

Anjali Voria, CFA
Director of Investor Relations
303-515-2851
IR@libertyenergy.com

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