C&J Energy shares up on opening day
The Houston-based oil field services company's shares were priced at $29 and selling at $31.16 by midday.
View ArticleNabors to merge part of business with C&J, get $937 million
Oil-field equipment provider Nabors will merge part of its business with C&J Energy Services Inc. in a deal that will give it 53 percent ownership of a new company and $937 million cash.
View ArticleC&J Energy ordered to pause merger with Nabors unit
The judge ruled that during a 30-day suspension of the deal, C&J Energy's board must shop the deal to other buyers in order to get the best price possible.
View ArticleC&J Energy starts 30-day search for alternative buyers
C&J Energy Services has hired Morgan Stanley investment bankers to launch its court-ordered effort to solicit offers to potential buyers of the company, the Houston oil field service firm said...
View ArticleC&J Energy drops price for Nabors fracturing unit by $250 million
C&J Energy Services is slashing the price it will pay for Nabors Industries' hydraulic fracturing unit by $250 million in cash, it said Monday, in a move to cut the debt it will have to take out...
View ArticleC&J Energy profits triple but CEO sees tough year ahead
The growth, C&J CEO Josh Comstock said in a written statement, came despite falling oil prices. But that could change in the first quarter.
View ArticleNabors posts $891 million net loss in fourth quarter
The charges included a $612 million impairment the company booked on its older rigs.
View ArticleC&J Energy Services CEO Josh Comstock died Friday
C&J President and Chief Financial Officer Randy McMullen assured employees in the email that daily operations would continue and that more details would be announced when they are known.
View ArticleC&J Energy gets temporary reprieve on debt default, potential bankruptcy
The once rapidly growing oil field services company is exploring potential assets sales and restructuring as alternatives to filing for Chapter 11 protection.
View ArticleC&J hopes to restructure, avoid bankruptcy under another CEO
The struggling oil field services is teetering on the brink of financial survival under its third CEO in four months after the sudden death of its founder, Josh Comstock, in March and the rapid ouster...
View ArticleC&J Energy Services expected to file for bankruptcy this week
The energy services firm has struggled with debt issues since expanding near the beginning of the oil bust. The bankruptcy filing is the latest in a string of tragedies for the company that included...
View ArticleC&J Energy Services emerges from bankruptcy
Houston’s C&J Energy Services has emerged from bankruptcy as a new company governed by a new corporate board. C&J Energy Services Ltd. tweaked its name slightly in becoming the new C&J...
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