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CJ Energy Services Inc.
20 articles mentioning CJ Energy Services Inc.
Large Frac Company/Pressure Pumper Gets New CFO
CJ Energy Services reported that Jan Kees van Gaalen has been appointed Chief Financial Officer and he is expected to join C&J on September 17, 2018. Jan Kees van Gaalen is a seasoned, strategic CFO with...
CJ Energy Services Suspends Pumping Fleet Addition; Cites Weak Pricing
CJ Energy Services said today that its remaining three fleets, consisting of 120,000 hydraulic horsepower, that were previously scheduled for deployment starting in October 2018 are being deferred to a later date. Shale Experts Research Group...
C&J Energy Services CFO Abruptly Resigns
C&J Energy Services announced that its CFO has resigned effective immediately to pursue other opportunities. Mike Galvan, currently C&J's Senior Vice President and Chief Accounting Officer, will assume the additional role of CFO on an interim...
C&J Energy Services Approved to List Stock on NYSE
The Company's common stock is expected to begin trading on NYSE MKT under the symbol "CJ" beginning on March 6, 2017.
C&J Energy Services Exits Bankruptcy; Eliminates $1.4B in Debt
C&J Energy Services has emerged from Chapter 11 bankruptcy.
C&J Energy Services Enters Chapter 11
In early June 2016, the company entered into a forebearance deal with its lenders as it tried to stay afloat.
On The Brink of Bankrupcy; CJ Energy Gets Lifeline
CJ Energy Service is reporting that it has secured another extension with its lending group through july 17, 2016, without such an extension the company would have been in default as a result of covenant breach....
C&J Energy Services Names New CEO
Don Gawick replaces Randy McMullen as C&J's former President and Chief Executive Officer.
C&J Energy Services Out of NYSE Compliance
Last week, the company entered into a forbearance agreement with its lenders.
C&J Fights to Stay Afloat; Enters Forbearance Deal with Lenders
The forbearance agreement will provide the Company with additional flexibility to continue discussions with its creditors and other stakeholders regarding the Company's debt and capital structure.
C&J Energy Services Taps Successor Following Death of CEO
Randy McMullen has been named as Chief Executive Officer, succeeding Josh Comstock, Founder and former Chief Executive Officer and Chairman, following his unexpected death on March 11, 2016.
C&J Energy Services Reports Death of CEO
C&J Energy Services Ltd. announced today that Founder, Chief Executive Officer and Chairman of the Board of Directors, Josh Comstock, died suddenly and unexpectedly in his sleep on March 11, 2016.
C&J's Credit Facility Reduced by $200MM as Frac Ops Decline
Reduction in revolving credit facility commitment from $600 million to $400 million.
C&J Energy Services Makes Changes to Board
Sheldon R. Erikson has replaced Michael C. Linn on the Compensation Committee and the Nominating & Governance Committee of the board.
C&J Energy Services Highlights Pending Nabors Deal in 4Q
Founder, Chairman and Chief Executive Officer Josh Comstock commented, "2014 was a remarkable year in the history of C&J and I am proud of how we executed on our strategy to strengthen, expand and diversify our...
C&J, Nabors Merger Deal on Hold After Shareholder Outcry
A Delaware court judge has ruled that Houston-based C&J Energy Services Inc. must consider competing proposals prior to finalizing its previously announced merger deal with Nabors Industries Ltd.
C&J to Acquire Nabors Frac Business; FracTech Moves Down One
In regard to the deal, Shale Experts CEO Rons Dixon commented:"The combined company will have a little more than 5% market-share and now moves into 4th position behind Halliburton, Schlumberger and Baker Hughes."
Schlumberger, Baker, Halliburton, Basic, CJES Talk Frac Market
Several pressure pumpers are increasing horsepower capacity, despite an already oversupplied market.
C&J Energy Margins Squeezed; Additional Horsepower
We successfully deployed our previously ordered 20,000 hydraulic horsepower at the end of April with strong activity levels.
C&J Revenue Falls, Cites Oversupply Frac Market
C&J Energy Services, Inc. today reported net income of $25.1 million, or $0.46 per diluted share, for the first quarter of 2013. Net income was $30.4 million, or $0.56 per diluted share, in the fourth quarter...