Overview and Key Takeaways Leading energy services company building scale across key basins, expanding with 1 new product lines and vertical integration to achieve long-term growth strategy Focused on executing best-in-class…
Strategic Overview Created leading diversified services provider with modern, high-quality asset base Transformative by combining complementary completion businesses Nabors C&P Diversified C&Js operations with new well support service…
C&J Positioned as Provider of Choice with Operations in Key Basins New The March 2015 combination of C&J and Nabors Completion and Production Services business positions C&J Energy Services to provide meaningful benefits to…
Core Service Offerings Completion Services Well Support Services Other Services Hydraulic Fracturing Workover & Well Servicing Equipment Manufacturing Coiled Tubing Fluids Management Specialty Chemicals Wireline Equipment Rental…
Expansive Geographic Footprint + Legacy South Texas West Texas California Rockies(1) Marcellus(1) Canada Other Completion Well Support Nabors Completion and Production Facilities Services Services Nabors Completion…
Operational Model Drives Best-In-Class Performance Attractive geographic footprint and customer base The steep decline in commodity prices will result in reduced operator spending, with the level of budget cuts expected to vary…
Completion Services Fracturing services division provides customized stimulation services Hydraulic Engineering teams offer extensive front-end technical evaluation Fracturing Over 1.2 MM HHP of pressure pumping capacity across the…
Production Services Over 540 workover and well-servicing rigs in every major oil and gas area in the U.S and Western Canada Workover and Rigs range from 200 to 900 HP and are involved in the routine repair and maintenance Well…
Debt Maturity Schedule & Capitalization Term Loan Maturity Schedule Capitalization 600 (US in mm) 3/31/2015 575 500 Total Debt 1,195 485 (1) 400 LTM Adj. EBITDA 519 (US in mm) 300 Debt / Adj. EBITDA 2.3x % Debt…
Appendix
Nabors C&P Transaction Overview C&J combined with Nabors Completion and Production Services business in the U.S. and Canada (creating New C&J) in a stock-for-stock transaction on March 24, 2015 C&J stockholders received one share of…
Legacy C&J Energy Services: Revenue By Geography & Service Line By Geography ( in mm) By Service Line ( in mm) South Texas West Texas Mid-Continent Other Fracturing Coiled Tubing Wireline Other 1,608 1,661 1,608 1,661 34 38 238…
Legacy Nabors C&P: Revenue By Geography & Service Line Completion Services ( in mm) Production Services ( in mm) 1,463 51 1,009 1,035 1,001 1,237 1,218 949 294 1,198 849 195 1,075 89 355 404 411 317 309 365 281 250 311 501…
C&J Financials EBITDA and Adjusted EBITDA(1) Reconciliation Year Ended December 31, LTM 3/31 (2) ( in thousands) 2010 2011 2012 2013 2014 2015 Net income 32,272 161,979 182,350 66,405 68,823 26,571 Interest expense, net 17,341…
Loading...
