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.
Flawless balance sheet and fair value.
Share Price & News
How has C&J Energy Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: C19's share price has been volatile over the past 3 months.
7 Day Return
DE Energy Services
1 Year Return
DE Energy Services
Return vs Industry: C19 underperformed the German Energy Services industry which returned -3.8% over the past year.
Return vs Market: C19 underperformed the German Market which returned 17.1% over the past year.
Price Volatility Vs. Market
How volatile is C&J Energy Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is C&J Energy Services undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: C19 (€7.5) is trading below our estimate of fair value (€24.2)
Significantly Below Fair Value: C19 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: C19 is unprofitable, so we can't compare its PE Ratio to the Energy Services industry average.
PE vs Market: C19 is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate C19's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: C19 is good value based on its PB Ratio (0.5x) compared to the XE Energy Services industry average (0.8x).
How is C&J Energy Services forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: C19 is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: C19 is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: C19 is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: C19's revenue is expected to decline over the next 3 years (-4.4% per year).
High Growth Revenue: C19's revenue is forecast to decline over the next 3 years (-4.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if C19's Return on Equity is forecast to be high in 3 years time
How has C&J Energy Services performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: C19 is currently unprofitable.
Growing Profit Margin: C19 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: C19 is unprofitable, but has reduced losses over the past 5 years at a rate of 5.1% per year.
Accelerating Growth: Unable to compare C19's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: C19 is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (86.1%).
Return on Equity
High ROE: C19 has a negative Return on Equity (-30.33%), as it is currently unprofitable.
How is C&J Energy Services's financial position?
Financial Position Analysis
Short Term Liabilities: C19's short term assets ($551.2M) exceed its short term liabilities ($256.7M).
Long Term Liabilities: C19's short term assets ($551.2M) exceed its long term liabilities ($41.4M).
Debt to Equity History and Analysis
Debt Level: C19 is debt free.
Reducing Debt: C19 has no debt compared to 5 years ago when its debt to equity ratio was 35.9%.
Inventory Level: C19 has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if C19's debt is covered by short term assets.
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.
Stable Cash Runway: Whilst unprofitable C19 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: C19 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 60.1% per year.
What is C&J Energy Services's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate C19's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate C19's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if C19's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if C19's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of C19's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Don Gawick (61yo)
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 ...
CEO Compensation Analysis
Compensation vs Market: Don's total compensation ($USD6.06M) is above average for companies of similar size in the German market ($USD817.80K).
Compensation vs Earnings: Don's compensation has been consistent with company performance over the past year.
|Chief Financial Officer||1yr||US$1.62m||no data|
|Chief Operating Officer||3.17yrs||US$1.74m||0.093% $397.7k|
|Senior VP||2.42yrs||US$685.50k||0.014% $58.1k|
|Executive VP||3.25yrs||US$1.54m||0.094% $403.5k|
|President of Well Support Services||2.17yrs||US$1.31m||0.024% $103.3k|
|President of Research & Technology||7yrs||US$3.82m||0.053% $229.0k|
|Vice President of Investor Relations||3.25yrs||no data||no data|
|Senior Vice President of Sales & Marketing||6.83yrs||no data||no data|
|President of Corporate Operational Development||3yrs||US$922.04k||0.030% $128.2k|
Experienced Management: C19's management team is considered experienced (3.2 years average tenure).
|Independent Director||8.83yrs||US$242.50k||0.024% $104.8k|
|Independent Director||2.75yrs||US$237.50k||0.024% $101.1k|
|Independent Director||2.75yrs||US$237.50k||0.024% $101.1k|
|Independent Chairman of the Board||no data||US$322.50k||0.031% $131.9k|
|Director||0.25yr||no data||0.017% $71.8k|
|Independent Director||2.75yrs||US$222.50k||0.022% $94.3k|
|Independent Director||2.75yrs||no data||no data|
Experienced Board: C19's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
C&J Energy Services, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: C&J Energy Services, Inc.
- Ticker: C19
- Exchange: DB
- Founded: 1997
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: US$478.586m
- Listing Market Cap: US$429.340m
- Shares outstanding: 65.03m
- Website: https://www.cjenergy.com
Number of Employees
- C&J Energy Services, Inc.
- 3990 Rogerdale Road
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CJ||NYSE (New York Stock Exchange)||Yes||New Common Shares||US||USD||Jan 2017|
|C19||DB (Deutsche Boerse AG)||Yes||New Common Shares||DE||EUR||Jan 2017|
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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/10/31 21:43|
|End of Day Share Price||2019/10/30 00:00|
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.