Last €21.01 EUR
Change Today +0.245 / 1.18%
Volume 0.0
NCJ On Other Exchanges
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As of 10:59 AM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

c&j energy services inc (NCJ) Snapshot

Open
€21.12
Previous Close
€20.77
Day High
€21.16
Day Low
€21.01
52 Week High
06/26/14 - €26.60
52 Week Low
10/1/13 - €14.72
Market Cap
1.2B
Average Volume 10 Days
15.0
EPS TTM
--
Shares Outstanding
55.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for C&J ENERGY SERVICES INC (NCJ)

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c&j energy services inc (NCJ) Details

C&J Energy Services, Inc., through its subsidiaries, provides hydraulic fracturing, coiled tubing, wireline, and other complementary services to oil and gas exploration and production companies in the United States. The company operates in three segments: Stimulation and Well Intervention Services, Wireline Services, and Equipment Manufacturing. The Stimulation and Well Intervention Services segment offers hydraulic fracturing services to enhance the production of oil and natural gas from formations with low permeability; coiled tubing services to perform various functions associated with well-servicing operations and to facilitate completion of new and existing wells; and other well intervention services. The Wireline Services segment offers cased-hole wireline and other complementary services, including logging, perforating, pipe recovery, pressure testing, and pumpdown services. The Equipment Manufacturing segment constructs oilfield equipment, including hydraulic fracturing pumps, coiled tubing units, and pressure pumping units, as well as provides equipment repair and refurbishment services, and oilfield parts and supplies to the energy services industry. C&J Energy Services, Inc. was founded in 1997 and is headquartered in Houston, Texas.

2,609 Employees
Last Reported Date: 02/27/14
Founded in 1997

c&j energy services inc (NCJ) Top Compensated Officers

Founder, Chairman and Chief Executive Officer
Total Annual Compensation: $1.9M
President, Chief Financial Officer, Treasurer...
Total Annual Compensation: $1.2M
Chief Operating Officer
Total Annual Compensation: $796.9K
Executive Vice President, General Counsel and...
Total Annual Compensation: $568.8K
Chief Strategy Officer
Total Annual Compensation: $520.3K
Compensation as of Fiscal Year 2013.

c&j energy services inc (NCJ) Key Developments

C&J Energy Services, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Capital Expenditure Guidance for the Year 2015; Provides Capital Expenditure Guidance for the Remainder of 2014

C&J Energy Services, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. The company reported net income of $11.1 million, or $0.20 per diluted share on record revenue of $367.9 million for the second quarter of 2014, and Adjusted net income of $15.7 million, or $0.28 per diluted share, after excluding a $4.6 million after-tax ($0.08 per diluted share) charge related to transaction costs associated primarily with the proposed acquisition of Nabors' Completion and Production Services businesses (NCPS). For the second quarter of 2013, the Company recorded net income of $20.8 million, or $0.38 per diluted share, on revenue of $267.0 million. Adjusted EBITDA for the second quarter of 2014 was $53.0 million, compared to $43.0 million for the first quarter of 2014 and $53.9 million for the second quarter of 2013. Second quarter results improved sequentially primarily due to increased utilization levels across its operations as completion activity continued to strengthen in the U.S. The sequential increases in Adjusted EBITDA and Adjusted Net Income were offset by additional costs associated with the strategic initiatives and increased direct labor costs primarily related to the deployment of new equipment. Operating income was $20.060 million against $34.855 million a year ago. Income before income taxes was $18.077 million against $33.236 million a year ago. Adjusted EBITDA and adjusted net income, excluding costs related to second quarter transactions also increased significantly over the prior quarter. These improvements were primarily driven by high utilization across core service lines, as they built momentum from earlier in the year. Improved results were primarily driven by strong utilization in hydraulic fracturing and wireline businesses as they successfully capitalized on the increasing completion activity in their primary operating areas attracting new customers and expanding market share. The company generated $20 million of cash from operations during the second quarter of 2014, a decrease from $51 million for the first quarter. This change resulted from an increase in receivables balance in line with higher activity over the quarter, as well as a slight build up in inventory. Capital expenditures totaled $86.3 million during the second quarter of 2014, with $25.4 million of depreciation and amortization expense. For the six months ended June 30, 2014, the company reported net income of $22.7 million, or $0.40 per diluted share, on revenues of $684.5 million, compared to net income of $46.0 million, or $0.84 per diluted share, on revenues of $543.0 million for the six months ended June 30, 2013. Adjusted net income for the six months ended June 30, 2014 was $27.2 million, or $0.48 per diluted share, excluding a $4.5 million after-tax ($0.08 per diluted share) charge related to transaction costs associated primarily with the proposed NCPS transaction. For the six months ended June 30, 2014, Adjusted EBITDA was $96.0 million compared to $111.2 million for the six months ended June 30, 2013. Operating income was $40.968 million against $75.273 million a year ago. Income before income taxes was $37.402 million against $72.060 million a year ago. Net cash provided by operating activities was $71.723 million against $93.101 million a year ago. Purchases of and deposits on property, plant and equipment was $138.816 million against $77.097 million a year ago. For the year 2015, the company currently expects that much of capital expenditure plan will be directed to maintenance CapEx, given the significant asset base that they will acquire with NCPS. The company currently anticipates that effective tax rate will remain at this level for the remainder of 2014.

C&J Energy Services, Inc. to Report Q2, 2014 Results on Jul 30, 2014

C&J Energy Services, Inc. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Jul 30, 2014

C&J Energy Services, Inc., Q2 2014 Earnings Call, Jul 31, 2014

C&J Energy Services, Inc., Q2 2014 Earnings Call, Jul 31, 2014

 

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NCJ Competitors

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Industry Analysis

NCJ

Industry Average

Valuation NCJ Industry Range
Price/Earnings 36.7x
Price/Sales 1.3x
Price/Book 2.1x
Price/Cash Flow 11.9x
TEV/Sales 1.0x
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