Out Fox The $treet

Despite a weak operating environment for domestic oil services, C&J Energy Services ( NYSE: CJES     ) undertook an aggressive expansion plan for 2013. That strategy culminated in several deals during the fourth quarter and further plans for 2014. The reported financials continue to disappoint due to higher costs for expansion, but the company might be set up to take advantage of suddenly sparse natural gas inventories. The domestic hydraulic fracturing specialist has spent the last couple of years expanding the business line and, surprisingly, building new equipment. Now with natural gas inventories plunging to five-year lows, C&J Energy is positioned to take advantage of a market where utilization is already firming. Read the full article here . Disclosure: Long CJES. Please review the disclaimer page for more details. 

For a couple of years now, C&J Energy Services ( NYSE: CJES     ) has had the potential to be a top oil services stock benefiting from the shale boom in the U.S. Unfortunately, low natural gas prices have pressured margins and held the stock of this budding hydraulic fracturing specialist in check during the last two years. C&J Energy is a leading provider of premium hydraulic fracturing, coiled tubing, pressure pumping, wireline and other complementary completion services. The company has a focus on the most complex and technically demanding well completions. C&J Energy has a strong presence in the Bakken Shale, Eagle Ford, and Permian Basin. The recent results from multinational oil service firms  Baker Hughes ( NYSE: BHI     ) and Schlumberger ( NYSE: SLB     ) have pushed the sector higher, but analysts from Cowen & Co cut the rating on C&J Energy due to expected pricing pressure. The stock continues to br...

Small-Cap Insight As domestic oil surges above $100 and natural gas supplies drop below 5-year averages, now could finally be the time to own C&J Energy Services ( CJES ). The company went public just as the boom in shale drilling peaked and the stock has suffered. Instead of sitting still, the management team has been aggressive with a major acquisition and continuing to build out equipment fleets that have hurt short-term profits. In the long-term, the company could be poised for a strong rebound when the market recovers. C&J Energy Services is an independent provider of premium hydraulic fracturing, coiled tubing, pressure pumping and wireline service with a focus on complex, technically difficult well completions. Read the full article at Seeking Alpha. Disclosures: Long CJES and WFT. Please review the disclaimer page for more details. 

C&J Energy Services (CJES) remains one of the cheapest companies yet after the close the company announced an accretive $272M deal for a complementary wireline service provider named Casedhole Holdings. Not only is the deal expected to be immediately accretive, but the deal also provides exposure to new oily basins and large E&P operators not previously used by CJES. Per the press release,  Casedhole is a leading multi-regional, independent provider of cased-hole wireline and other complementary services for energy producers in the United States.  With 12 district locations, Casedhole provides premium services in the most complex and demanding operating environments focusing on oily and liquids-rich basins. After hours the stock jumped 1-3%, but it still remains down for the day. When the sector turns, this would be the top pick. The company remains a cash flow machine with top of the line margins. The $22OM credit line being tapped to pay for this deal will ...

If anybody wants a growth company trading at a cheap valuation, recent IPO C&J Energy Services (CJES) might just be the stock for you. CJES is a independent provider of hydraulic fracturing, coiled tubing and pressure pumping services operating mainly in the Eagle Ford and Haynesville Shales. The company IPO'd at the end July and has traded down from the $29.50 IPO price even with initial trading reaching $33. CJES reported Q2 adjusted earnings of $.78 versus $.60 in Q1 and $.04 last year. Revenue jumped 43% from Q1 to $182.2M and a amazing 336% from Q210. The majority of growth is from deploying additional hydraulic fracturing fleets with minor gains from the Total E&S acquisition that added $4.5M in revenue or roughly $2.2M per month. Earnings should continue to grow with expanded fleets, but Q3 will see a higher share count from the IPO. It was unclear from information provided exactly what the impact will be in Q3. The Q2 report showed 44M shares outstanding though...