This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

C&J Energy Services To Meet With Investors On West Coast

HOUSTON, April 9, 2012 /PRNewswire/ -- C&J Energy Services, Inc. (NYSE: CJES) today announced that management will be participating in a series of meetings with institutional investors in Seattle, Portland, Los Angeles and San Francisco during the week of April 9, 2012.  An updated slide presentation is available on the Company's website at www.cjenergy.com and also has been furnished on Form 8-K with the SEC.

C&J also reported that it took delivery of a new 32,000 horsepower hydraulic fracturing fleet, which is expected to be deployed in mid-April for spot market work in the Eagle Ford Shale in South Texas and the Permian Basin in West Texas.  By initially deploying this new fleet to operate on a spot market basis, C&J has the opportunity to demonstrate the efficiency of its operations to additional customers, and develop new long-term relationships.  C&J believes that the Permian Basin is currently one of the most active areas in the U.S. and that the growing use of horizontal drilling to develop the region's new deeper oil zones will further broaden its exposure to new customers.  

The recent sharp decline in natural gas prices continues to drive oil and gas operators and the oilfield service providers to focus their operations on oily and liquids rich basins, including those in which C&J operates. As new equipment is moved into those basins, there is increased competition, which has already resulted in some downward pressure on spot pricing in the first quarter as well as some delays in customer activity as oil and gas operators realign their plans with the changing market dynamics.  C&J is confident that its superior execution and focus on customer service will continue to drive demand for its services.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,067.64 +88.51 0.52%
S&P 500 1,993.21 +6.70 0.34%
NASDAQ 4,531.3870 +4.9050 0.11%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs