C&J Energy Services Market Data (3/2/2017) Ticker (NYSE Mkt) (1) CJ Share Price (2) 40.00 Estimated Fully Diluted Shares 57.5 Outstanding (MM) Market Capitalization (MM) 2,300 Net Cash Position (3) (MM) 159…
C&J Energy Services Snapshot One of North Americas largest vertically-integrated oilfield services providers with equipment, facilities and technical expertise distributed across all active onshore basins Key Differentiators…
Our Evolution Into Todays C&J Energy Services Corporate Developments 2016 1997-2011 Mar: Josh Comstock Mar 2017 1997: Josh Comstock passed away Re-introduction of founded C&J in Jun: New CEO, CFO the New C&J Robstown, TX and GC…
The Differentiated NAm Oilfield Services Company 1 Leading Provider of Products and Services Across the Life of a Well 2 Strong Footprint in All Active Onshore Basins in the Continental U.S. and Western Canada 3 Modern, High-Quality…
Market Leadership Across the Life of the Well We are a Hydraulic Casedhole Wireline Coiled Fracturing (1) & Pumpdown Tubing Rig Services Fluids Management leading provider in our core service offerings Top 5 1 Top 3 2 1 Well Well…
Our Modern, High Quality Asset Base We have rationalized our fleet of equipment across all service lines, leaving us well-positioned to deliver high quality services to our customers and attractive returns to our shareholders…
Strong Presence in All Active Onshore NAm Basins Established Footprint Provides C&J is Present in All Active Onshore Basins in the Continental U.S. and Western Canada a Scalable Platform Cardium Montney Founded in South Texas with a…
Completions Footprint Poised to Benefit from Cyclical Rebound U.S. Drilling and Completion Spending is Increasing Key Drivers Point Towards Cyclical Recovery Bn 2018 Estimate(1) 2014 Peak 2016 Average 147.2 vs 2016 150.0 447…
Our Frac Refurbishments Are Targeting Fleet Optimization Standardized Fleet Will Increase Efficiency and Lower Costs Illustrative Reactivation Cost 5.0 - 6.0MM per Warm-Stacked Fleet Refurb & Maintenance: 35% (1.8 - 2.1MM) A C…
Optimized Logistics & Supply Chain Capabilities Secure supply of critical materials and streamlined processes will provide operating leverage in the recovery Active Supply Chain Initiatives Streamlined the number of sand and C&J Sand…
Well Servicing Presence Provides Long-Term Upside Supply of Older Horizontal Wells is Growing Multiple Drivers of Growth Horizontal Wells Cumulative HZ Wells 4 Years Old 100,000 Commodity Increased prices shorten payback, drive…
High Spec Well Servicing Rig Fleet A Leading Provider of Service Rigs in the Market Leading Provider of Service Rigs Significant 2nd largest well service rig business in NAm Scale 459 60% class 4+ rigs Total Service capable of the…
Long-Term Relationships With Blue-Chip Customers Core Customers with Deep Ties to C&J Energy Services Logos from next few pages We Seek Customers Aligned With Our Strengths Our Relationships Have Spanned the Cycle…
Our Evolutionary Technology Advantage Research & Technology Initiative Product improvement and new technologies expand quality service offerings and improve operational execution and safety Quality services and tools that cater…
R&T Capabilities Provide Product Development Platform Our Facility Supports and Enhances Our Product Portfolio Operational Efficiency Mobile Data Technologies (MDT) Pumpdown Tension Tools Experienced management team with Cost…
Our Strong Track Record of Safety Total Recordable Incident Rate Focus on QHSE and Risk 2.00 Management is lowering reportable 1.80 incidents / accidents and winning us 1.60 new customers 1.50 Our customers value safety and 1.10…
Quality Management System That Rivals the OFS Majors Our Quality Management System supports our core values and sets us apart from other companies of our size How it Works Why QMS Creates standardization Identify the critical…
Summary of Key Business Drivers (1) (1) Product Lines 2014 2015 2016 4Q 2016 Average Active HHP (k) 1,040 840 480 430 Completion Services Hydraulic Fracturing Total Stages 29,800 18,649 11,413 2,760 Revenue (MM) 2,038 960 354…
Companys Current Outlook on Market Activity Outlook Pricing Expectations Given current market trends, we anticipate redeploying 160 We expect pricing to increase 30 - 35% from 2016 average - 200K HHP of additional upgraded HHP in 2017…
Conservative Capital Structure Key Highlights Clean Balance Sheet and Strong Liquidity As of emergence, C&J had 224MM in total liquidity comprised of 159MM of cash and MM At Emergence additional liquidity provided by its 100MM…
Historical Financial Summary Select Historical Financial Information MM; unless otherwise stated 2013 2014 2015 2016 Full Year Pro Forma (1) Q1'16 Q2'16 Q3'16 Q4'16 Full Year Revenue Completion Services 1,933 2,597 1,327 152 124…
Non-GAAP Reconciliation Adjusted EBITDA Reconciliation* MM 2013 2014 2015 2016 Full Year Pro Forma (1) Q1'16 Q2'16 Q3'16 Q4'16 Full Year Net Income / (Loss) (2) 96 (244) (879) (428) (291) (106) (118) (944) Interest Expense 94 98…
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