Loading...

C&J Energy Services

DB:C19
Snowflake Description

Flawless balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
C19
DB
$950M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

C&J Energy Services, Inc. provides well construction, well completion, well support, and other complementary oilfield services and technologies to oil and gas exploration and production companies throughout the continental United States. The last earnings update was 12 days ago. More info.


Add to Portfolio Compare Print
C19 Share Price and Events
7 Day Returns
8.4%
DB:C19
3.6%
Europe Energy Services
-0.2%
DE Market
1 Year Returns
-49.7%
DB:C19
-25.4%
Europe Energy Services
-10.3%
DE Market
C19 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
C&J Energy Services (C19) 8.4% -1.9% -10.8% -49.7% - -
Europe Energy Services 3.6% -5% 1.2% -25.4% -25% -83.7%
DE Market -0.2% -2.4% 4.2% -10.3% 11.2% 10.8%
1 Year Return vs Industry and Market
  • C19 underperformed the Energy Services industry which returned -25.4% over the past year.
  • C19 underperformed the Market in Germany which returned -10.3% over the past year.
Price Volatility
C19
Industry
5yr Volatility vs Market

Value

 Is C&J Energy Services undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of C&J Energy Services to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for C&J Energy Services.

DB:C19 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:C19
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 1.02
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.017 (1 + (1- 21%) (2.56%))
1.025
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.025 * 5.96%)
6.34%

Discounted Cash Flow Calculation for DB:C19 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for C&J Energy Services is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:C19 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.34%)
2019 58.46 Analyst x5 54.97
2020 92.29 Analyst x7 81.62
2021 110.00 Analyst x1 91.48
2022 123.56 Est @ 12.33% 96.63
2023 134.31 Est @ 8.7% 98.78
2024 142.58 Est @ 6.16% 98.61
2025 148.83 Est @ 4.38% 96.80
2026 153.49 Est @ 3.13% 93.88
2027 156.96 Est @ 2.26% 90.28
2028 159.55 Est @ 1.65% 86.30
Present value of next 10 years cash flows $889.36
DB:C19 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $159.55 × (1 + 0.23%) ÷ (6.34% – 0.23%)
$2,617.30
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $2,617.30 ÷ (1 + 6.34%)10
$1,415.68
DB:C19 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $889.36 + $1,415.68
$2,305.05
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,305.05 / 65.06
$35.43
DB:C19 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:C19 represents 0.90787x of NYSE:CJ
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.90787x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 35.43 x 0.90787
€32.17
Value per share (EUR) From above. €32.17
Current discount Discount to share price of €13.26
= -1 x (€13.26 - €32.17) / €32.17
58.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price C&J Energy Services is available for.
Intrinsic value
>50%
Share price is €13.26 vs Future cash flow value of €32.17
Current Discount Checks
For C&J Energy Services to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • C&J Energy Services's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • C&J Energy Services's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for C&J Energy Services's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are C&J Energy Services's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:C19 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-2.62
NYSE:CJ Share Price ** NYSE (2019-05-17) in USD $14.61
Europe Energy Services Industry PE Ratio Median Figure of 27 Publicly-Listed Energy Services Companies 21.98x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 20.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of C&J Energy Services.

DB:C19 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:CJ Share Price ÷ EPS (both in USD)

= 14.61 ÷ -2.62

-5.57x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • C&J Energy Services is loss making, we can't compare its value to the Europe Energy Services industry average.
  • C&J Energy Services is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does C&J Energy Services's expected growth come at a high price?
Raw Data
DB:C19 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.57x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
126.3%per year
Europe Energy Services Industry PEG Ratio Median Figure of 21 Publicly-Listed Energy Services Companies 1.08x
Germany Market PEG Ratio Median Figure of 273 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for C&J Energy Services, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on C&J Energy Services's assets?
Raw Data
DB:C19 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $17.44
NYSE:CJ Share Price * NYSE (2019-05-17) in USD $14.61
Europe Energy Services Industry PB Ratio Median Figure of 62 Publicly-Listed Energy Services Companies 0.95x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.77x
DB:C19 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:CJ Share Price ÷ Book Value per Share (both in USD)

= 14.61 ÷ 17.44

0.84x

* Primary Listing of C&J Energy Services.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • C&J Energy Services is good value based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess C&J Energy Services's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. C&J Energy Services has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is C&J Energy Services expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
126.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is C&J Energy Services expected to grow at an attractive rate?
  • C&J Energy Services's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • C&J Energy Services's earnings growth is expected to exceed the Germany market average.
  • C&J Energy Services's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:C19 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:C19 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 126.3%
DB:C19 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 6.1%
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 31.2%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average 8.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:C19 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:C19 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 2,445 296 2
2020-12-31 2,298 272 42 12
2019-12-31 2,137 215 -29 11
DB:C19 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 2,180 311 -174
2018-12-31 2,222 342 -130
2018-09-30 2,223 261 -182
2018-06-30 2,098 232 -182
2018-03-31 1,878 114 -223
2017-12-31 1,639 -56 22
2017-09-30 1,391 -142 146
2017-06-30 1,181 -184 29
2017-03-31 1,016 -212 -250
2016-12-31 971 -107 -944
2016-09-30 1,136 -82 -1,148
2016-06-30 1,331 -77 -1,496

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • C&J Energy Services's earnings are expected to grow significantly at over 20% yearly.
  • C&J Energy Services's revenue is expected to grow by 6.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:C19 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from C&J Energy Services Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:C19 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 1.51 1.51 1.51 1.00
2020-12-31 0.76 1.65 0.31 4.00
2019-12-31 -0.54 0.08 -0.87 6.00
DB:C19 Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -2.62
2018-12-31 -1.94
2018-09-30 -2.75
2018-06-30 -2.79
2018-03-31 -3.49
2017-12-31 0.37
2017-09-30 1.94
2017-06-30 0.32
2017-03-31 -2.42
2016-12-31 -7.98
2016-09-30 -9.73
2016-06-30 -12.72

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • C&J Energy Services is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess C&J Energy Services's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
C&J Energy Services has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has C&J Energy Services performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare C&J Energy Services's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • C&J Energy Services does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare C&J Energy Services's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare C&J Energy Services's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
C&J Energy Services's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from C&J Energy Services Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:C19 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 2,179.86 -174.17 216.80 6.22
2018-12-31 2,222.09 -130.01 222.18 6.29
2018-09-30 2,223.20 -182.06 228.08 6.27
2018-06-30 2,097.92 -182.01 236.42 6.65
2018-03-31 1,877.55 -223.23 232.21 7.02
2017-12-31 1,638.74 22.46 235.24 6.37
2017-09-30 1,390.81 145.68 203.45 6.70
2017-06-30 1,180.70 28.80 193.10 6.82
2017-03-31 1,015.72 -249.60 192.07 6.56
2016-12-31 971.14 -944.29 198.87 7.72
2016-09-30 1,136.33 -1,147.66 205.75 9.35
2016-06-30 1,331.29 -1,496.29 212.61 12.47
2016-03-31 1,617.29 -1,270.29 216.20 14.99
2015-12-31 1,748.89 -872.54 197.04 16.70
2015-09-30 1,823.39 -528.49 194.58 17.83
2015-06-30 1,835.87 -49.66 174.35 16.36
2015-03-31 1,692.62 26.57 165.13 15.65
2014-12-31 1,607.94 68.82 162.36 14.33
2014-09-30 1,389.82 53.80 142.46 12.55
2014-06-30 1,211.77 43.11 142.80 10.90
2014-03-31 1,110.81 52.85 141.44 7.76
2013-12-31 1,070.32 66.41 124.40 5.01
2013-09-30 1,091.20 89.55 129.61 2.27
2013-06-30 1,137.07 125.69 121.52 0.46
2013-03-31 1,148.50 158.12 103.73 0.01
2012-12-31 1,111.50 182.35 88.71
2012-09-30 1,045.29 205.30 74.06
2012-06-30 966.52 202.31 60.33

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if C&J Energy Services has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if C&J Energy Services has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if C&J Energy Services improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess C&J Energy Services's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
C&J Energy Services has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is C&J Energy Services's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up C&J Energy Services's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • C&J Energy Services is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • C&J Energy Services's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of C&J Energy Services's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 21.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from C&J Energy Services Company Filings, last reported 1 month ago.

DB:C19 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,134.68 24.36 88.83
2018-12-31 1,153.33 0.00 135.75
2018-09-30 1,360.73 0.00 75.90
2018-06-30 1,366.40 0.00 110.04
2018-03-31 1,332.83 0.00 87.98
2017-12-31 1,321.42 0.00 113.89
2017-09-30 1,124.35 0.00 213.12
2017-06-30 1,112.13 0.00 252.76
2017-03-31 905.96 0.00 115.12
2016-12-31 -298.57 1,358.80 64.58
2016-09-30 -182.02 1,391.50 101.41
2016-06-30 -77.72 1,367.15 90.77
2016-03-31 212.22 1,287.57 143.54
2015-12-31 632.64 1,121.56 25.90
2015-09-30 950.60 1,129.93 23.13
2015-06-30 1,401.81 1,131.37 12.26
2015-03-31 1,464.70 1,129.20 39.84
2014-12-31 781.85 353.75 10.02
2014-09-30 755.90 345.85 20.30
2014-06-30 727.74 301.94 19.32
2014-03-31 712.56 205.03 17.31
2013-12-31 696.15 167.07 14.41
2013-09-30 683.08 127.12 28.66
2013-06-30 662.61 157.65 12.67
2013-03-31 633.47 153.18 22.11
2012-12-31 599.89 175.76 14.44
2012-09-30 561.06 204.23 14.10
2012-06-30 505.62 226.76 8.28
  • C&J Energy Services's level of debt (2.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (28.9% vs 2.1% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making C&J Energy Services has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making C&J Energy Services has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -38.7% per year.
X
Financial health checks
We assess C&J Energy Services's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. C&J Energy Services has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is C&J Energy Services's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from C&J Energy Services dividends. Estimated to be 0% next year.
If you bought €2,000 of C&J Energy Services shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate C&J Energy Services's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate C&J Energy Services's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:C19 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 3.5%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:C19 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 2.00
2020-12-31 0.00 4.00
2019-12-31 0.00 4.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as C&J Energy Services has not reported any payouts.
  • Unable to verify if C&J Energy Services's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of C&J Energy Services's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as C&J Energy Services has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of C&J Energy Services's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess C&J Energy Services's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can C&J Energy Services afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. C&J Energy Services has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of C&J Energy Services's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Don Gawick
COMPENSATION $6,062,073
AGE 60
TENURE AS CEO 2.9 years
CEO Bio

Mr. Donald Jeffrey Gawick, also known as Don, has been Director of C&J Energy Services, Inc. (the "Company"). He also currently serves as the Company's President and Chief Executive Officer, a position he was appointed to in June 2016, having previously served as its Chief Operating Officer. Mr. Gawick was President and Chief Executive Officer of C&J’s wireline business, Casedhole Solutions, from March 2010 through June 2012, when C&J acquired Casedhole Solutions. Mr. Gawick continued in the role of president of Casedhole Solutions until his promotion to chief operating officer in October 2012. Mr. Gawick started his oilfield career in 1979 with Schlumberger and between 1979 and March 2010, he held numerous management positions with Schlumberger, focusing on operations and marketing, including oversight of all of Schlumberger’s oilfield business segments. In addition, he has held senior leadership positions in oilfield services in sales and new technology development, service delivery and health-safety-environmental management, with assignments throughout the United States, as well as in Canada, Europe, Asia and Latin America. Mr. Gawick holds a Bachelor of Science degree in Electrical Engineering from the University of Manitoba.

CEO Compensation
  • Don's compensation has been consistent with company performance over the past year.
  • Don's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the C&J Energy Services management team in years:

2.8
Average Tenure
55
Average Age
  • The tenure for the C&J Energy Services management team is about average.
Management Team

Don Gawick

TITLE
President
COMPENSATION
$6M
AGE
60
TENURE
2.9 yrs

Jan Kees van Gaalen

TITLE
Chief Financial Officer
COMPENSATION
$2M
AGE
61
TENURE
0.7 yrs

Mike Hobbs

TITLE
Chief Operating Officer
COMPENSATION
$2M
AGE
55
TENURE
2.8 yrs

Mike Galvan

TITLE
Senior VP
COMPENSATION
$685K
AGE
49
TENURE
2 yrs

Danielle Hunter

TITLE
Executive VP
COMPENSATION
$2M
AGE
35
TENURE
2.9 yrs

Sterling Renshaw

TITLE
President of Well Support Services
COMPENSATION
$1M
AGE
50
TENURE
1.8 yrs

Pat Bixenman

TITLE
President of Research & Technology
COMPENSATION
$4M
AGE
57
TENURE
6.6 yrs

Daniel Jenkins

TITLE
Vice President of Investor Relations
TENURE
2.8 yrs

John Dunn

TITLE
Senior Vice President of Sales & Marketing
AGE
60
TENURE
6.5 yrs

Ed Keppler

TITLE
President of Corporate Operational Development
COMPENSATION
$922K
AGE
53
TENURE
2.6 yrs
Board of Directors Tenure

Average tenure and age of the C&J Energy Services board of directors in years:

2.3
Average Tenure
62
Average Age
  • The average tenure for the C&J Energy Services board of directors is less than 3 years, this suggests a new board.
Board of Directors

Patrick Murray

TITLE
Chairman of the Board
COMPENSATION
$323K
AGE
75

Don Gawick

TITLE
President
COMPENSATION
$6M
AGE
60
TENURE
2.8 yrs

Michael Roemer

TITLE
Independent Director
COMPENSATION
$243K
AGE
59
TENURE
8.4 yrs

John Kennedy

TITLE
Director
COMPENSATION
$238K
AGE
62
TENURE
2.3 yrs

Steve Mueller

TITLE
Director
COMPENSATION
$238K
AGE
65
TENURE
2.3 yrs

Stu Brightman

TITLE
Director
COMPENSATION
$223K
AGE
62
TENURE
2.3 yrs

Michael Zawadzki

TITLE
Director
AGE
38
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
17. Dec 18 Buy Donald Gawick Individual 14. Dec 18 14. Dec 18 7,030 €12.93 €90,876
11. Jun 18 Sell Timothy Wallace Individual 08. Jun 18 08. Jun 18 -1,500 €21.39 €-32,078
X
Management checks
We assess C&J Energy Services's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. C&J Energy Services has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

C&J Energy Services, Inc. provides well construction, well completion, well support, and other complementary oilfield services and technologies to oil and gas exploration and production companies throughout the continental United States. It operates through Completion Services and Well Support Services segments. The Completion Services segment provides hydraulic fracturing; cased-hole solutions comprising cased-hole wireline, pumpdown, wireline logging, perforating, pressure pumping, well site make-up and pressure testing, and other complementary services; and well construction and intervention services, which include cementing, coiled tubing, rig services, fluids management, and other completion and well support services. This segment also engages in the engineering and production of various parts and components, such as perforating guns and addressable switches, which are used in the completion process. The Well Support Services segment offers rig services, such as providing workover and well servicing rigs that are primarily used for the routine repair and maintenance of oil and gas wells, re-drilling operations, and plugging and abandonment operations; fluids management services, including storage, transportation, and disposal services for fluids used in the drilling, completion, and workover of oil and gas wells; and other special well site services, such as fishing, contract labor, and tool rental services for the completion and workover of oil and gas wells. The company was founded in 1997 and is headquartered in Houston, Texas.

Details
Name: C&J Energy Services, Inc.
C19
Exchange: DB
Founded: 1997
$851,647,027
65,058,105
Website: http://www.cjenergy.com
Address: C&J Energy Services, Inc.
3990 Rogerdale Road,
Houston,
Texas, 77042,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE CJ New Common Shares New York Stock Exchange US USD 12. Jan 2017
DB C19 New Common Shares Deutsche Boerse AG DE EUR 12. Jan 2017
Number of employees
Current staff
Staff numbers
6,399
C&J Energy Services employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/19 23:02
End of day share price update: 2019/05/17 00:00
Last estimates confirmation: 2019/05/15
Last earnings filing: 2019/05/07
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.