C&J Energy Services, Inc. Wells Fargo Exploration and Production Forum March 6, 2014
PAGE Premium Service Lines 3 Hydraulic Fracturing Demonstrated operating efficiencies and superior execution in technically challenging basins Positioned to benefit from increasing trend toward high intensity projects…
PAGE Premium Service Lines 4 Coiled Tubing Ability to handle heavy-duty jobs across a wide spectrum of environments Expanding into new basins with operations recently introduced into the Marcellus Leveraging track record for…
PAGE Premium Service Lines 5 Wireline Provides wireline perforation, logging, pressure pumping & pipe recovery services, as well as wellsite makeup & pressure testing in most of the major US basins Strong performance has been…
PAGE In-house Manufacturing 6 Total Equipment Total E&S provides manufacturing capabilities including hydraulic fracturing, coiled tubing, pressure pumping and related support equipment Enhances product development and R&D…
PAGE C&J Energy Services Profile 7 Diversified provider of premium, technologically-advanced completion services Wireline Hydraulic Coiled Equipment and Related Fracturing Tubing Manufacturing Services Bakken Shale…
PAGE Operational Model Drives Best-In-Class Performance 8 Operating efficiencies capitalize on targeted opportunities Target high volume, high efficiency customers who recognize the value that C&J provides through efficiency gains…
PAGE Growth and Strategic Initiatives 10 Increase Market Share and Broaden Geographic Footprint Increase market share by strengthening presence in existing regions for all service lines with targeted expansion of fracturing into…
PAGE Growth and Strategic Initiatives 11 Diversification into New Business Lines Over 2013 we expanded our offerings with two acquisitions one adding data control manufacturing and the other adding directional drilling and…
PAGE Well Capitalized With Conservative Leverage 12 Balance Sheet ( in thousands) 12/31/2012 6/30/2013 12/31/2014 Cash and Cash Equivalents 14,442 12,671 14,414 Long Term Debt and Capital Lease Obligations 173,705 157,651 164,205…
C&J Energy Services, Inc. Appendix
PAGE Detailed Historical Financials Income Statement(1) 14 Year Ended December 31, ( in thousands, except per share amounts) 2009 2010 2011 2012 2013 Statement of Operations Data (Unaudited) Revenue 67,030 244,157 758,454…
PAGE Detailed Historical Financials Cash Flow 15 Year Ended December 31, ( in thousands) 2009 2010 2011 2012 2013 (Unaudited) Capital expenditures 4,301 44,473 140,723 182,179 157,987 Cash flow provided by (used in) Operating…
PAGE Detailed Historical Financials Balance Sheet 16 Year Ended December 31, ( in thousands) 2009 2010 2011 2012 2013 (Unaudited) Cash and Cash Equivalents 1,178 2,817 46,780 14,442 14,414 Accounts Receivable, Net 12,668 44,354…
PAGE Adjusted EBITDA Reconciliation 17 Year Ended December 31, ( in thousands) 2009 2010 2011 2012 2013 (Unaudited) Net income (loss) (2,430) 32,272 161,979 182,350 66,405 Interest expense, net 4,708 17,341 4,221 4,996 6,550…