Market Summary Data as of March 12, 2018 Ticker (NYSE) CJ Share Price 26.02 Shares Outstanding (MM) 68.5 Market Capitalization (MM) 1,782.4 3
Recent Achievements & Market Outlook Grew 4Q17 revenue 11% sequentially and 102% year-over-year Improved Achieved double digit revenue growth every quarter in 2017 Financial Performance 4Q17 Adj. EBITDA increased 31% sequentially…
C&Js Growing Value Proposition Significant achievements over the last 12 months have laid a strong foundation for us to execute and capitalize on the growth opportunities that lay ahead Operating model focused on maximizing efficiency…
C&J Energy Services Snapshot One of the Largest Oilfield Services Providers with Equipment, Facilities and Technical Expertise Distributed Across All Active Onshore Basins in the Continental U.S. We are a Casedhole Wireline Coiled…
Strong Presence in All Active Onshore U.S. Basins Established Footprint Provides a Scalable Platform 4Q17 Revenue by Geography (1) North East Bakken Appalachian Basin Mid-Con 5% Denver-Julesburg Utica & Marcellus Basin Shale 8%…
Horsepower Deployment Leading to Full Utilization We Currently Have 15 Horizontal and 2 Vertical Fleets Deployed and Plan to Add 6 Horizontal Fleets by Year End 2018 (1)(2) Fracturing market remains undersupplied and E&P capex…
Frac Refurbishments Are Targeting Fleet Optimization Standardized Fleet Will Increase Efficiency and Lower Costs Last Mile Strategy Utilizing sand systems that fit customer and D C wellsite requirements A Silos, Containers, Sand…
Market Leader in Wireline & Pumping Overview We are the 1 service provider and market leader (1) Established position in all the major U.S. onshore basins Primary focus on cased-hole plug and Equipment Summary (12/31) Wireline…
Expanding Presence in Cementing & Coiled Tubing Overview Market leader in high spec cementing and coiled tubing services Closed O-Tex acquisition on 11/30/17 becoming the 4 largest oilfield cementing services provider in the U.S.…
High Spec Well Servicing Rig Fleet Is Strongly Positioned A Leading Provider of Service Rigs in the Market (1) Attractive Maintained positive adjusted EBITDA Financial across market cycles Returns Limited capital investment needed…
Long-Term Relationships with High Quality Customers Core Customers with Deep Ties to C&J Energy Services Logos from next few pages We Seek Customers Aligned With Our Strengths Why Customers Choose C&J Established E&P companies…
Evolutionary Technology Advantage Our R&T Platform and Capabilities Separate C&J from Other Small & Mid Cap Peers Operational Costs 50% less than Efficiency competing systems Total fleet synchronization improves automation and…
Quality Management System in Design to Enhance Service Quality Our Quality Management System (QMS) will support our core values and should set us apart from other companies of our size Why a QMS How it Will Work Designing to create…
SECTION 2: Financial Review
Core Tenets of Our Financial Policy Maintain a conservative leverage policy Preserve Balance 1 Prudent financial targets Sheet Strength Capex spend optionality in 2H18 depending on market conditions Near-term growth funded with…
Capital Spending Program Targets Favorable Returns Capex Budget Highlights Estimated 2018 Capex Budget Estimated 2018 capital expenditure budget of 430 MM Low High 450 million Flexibility to adjust if market conditions change Growth…
Renewed Capital Structure Supports Growth Strong Capital Structure and Robust Liquidity Key Highlights As of As of December 31, 2017, C&J had MM December 31, 2017 292MM in total liquidity comprised of Actual 114MM in cash and…
Historical Financial Summary Select Historical Financial Information MM; unless otherwise stated Full Year Pro Forma (1) Full Year Full Year 2013 2014 2015 Q1'16 Q2'16 Q3'16 Q4'16 2016 Q1'17 Q2'17 Q3'17 Q4'17 2017 Revenue…
Non-GAAP Reconciliation Adjusted EBITDA Reconciliation* MM Full Year Pro Forma (1) Full Year Full Year 2013 2014 2015 Q1'16 Q2'16 Q3'16 Q4'16 2016 Q1'17 Q2'17 Q3'17 Q4'17 2017 Net Income / (Loss) (2) 96 (244) (879) (428) (291) (106)…
The Differentiated U.S. Oilfield Services Company 1 Leading Provider of Products and Services Across the Life of the Well 2 Strong Footprint in All Active Onshore Basins in the Continental U.S. 3 Modern, High-Quality Asset Base…
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