C&J Energy Services 21st Annual Credit Suisse Energy Conference February 24, 2016
Company Overview One of the largest, integrated providers of NYSE Ticker: CJES completion and production services with assets deployed across most major oil and gas producing Share Price (2/18/2016) 2.28 basins in the United States…
C&J Positioned as Provider of Choice with Operations in Key Basins New The March 2015 combination of legacy C&J Energy Services and Nabors Completion & Production Services business provides meaningful benefits to expanding…
Near Term Outlook: Managing the Downturn Well Positioned to Navigate Volatile Market Conditions Current Focus & Strategy Retain operational presence with existing customer base in key operating basins Well positioned in most active…
Core Service Offerings Completion Services Well Support Services Other Services Hydraulic Fracturing Rig Services Cementing Coiled Tubing Fluids Management Directional Drilling Wireline & Pumpdown Special Well Site Services…
Expansive Geographic Footprint Service Footprint Coil Rig Fluids Other Frac Wireline Tubing Services Mgmt. Services West Texas South Texas California Rockies North East MidCon Canada Intl. (Mid East) West Texas…
Completion Services Hydraulic Fracturing: Revenue & Gross Margin Profile (mm)(1) 2,000 60.0% 1.2MM total HHP, as of 12/31/2015 1,500 45.0% 650K HHP working 1,000 30.0% 450K HHP stacked 100K HHP to be retired 500 15.0% 0.0%…
Well Support Services Workover Rig Services: Revenue & Gross Margin Profile (mm)(1) Includes workover rig, plug & abandonment and 1,200 40.0% other specialty services 900 30.0% US well support services, as of 12/31/15: 600 20.0%…
Operational Model Drives BestInClass Performance Attractive Geographic Footprint and Customer Base Strong presence in Permian and Eagle Ford core acreage with lower breakeven oil prices Established and growing presence in other…
Cost Control & Efficiency Initiatives Active Cost Management Close underperforming locations and reallocate resources to most active basins Aggressive cost saving initiatives through continued implementation of vertical integration…
C&Js Technology Focus Lowering Costs and Enhancing Returns R&T initiatives help C&J operate as one of the most efficient and cost effective oilfield service companies, differentiating it from its peers Technology developments…
Recent R&D Initiatives Successfully developed several key R&T projects and initiatives that have lowered our cost structure, enhanced our service offering and provide significant future growth. Some of the projects include:…
Debt Maturity Schedule & Capitalization Term Loan Maturity Schedule Balance Sheet Accounts at 12/31/15 600 Cash and Cash Equivalents 26 575 Revolver & LOC 134 500 485 Term Loan B1 551 400 Term Loan B2 449 (US in mm) 300…