C&J Energy Services, Inc (CJ) Financial Statements (2024 and earlier)

Company Profile

Business Address 3990 ROGERDALE RD
HOUSTON, TX 77042
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2019
MRQ
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 135,746113,88764,58325,900
Cash and cash equivalents 135,746113,88764,58325,900
Receivables 309,104367,906137,222274,691
Inventory, net of allowances, customer advances and progress billings 62,63377,79354,471102,257
Inventory 62,63377,79354,471102,257
Other undisclosed current assets 22,35733,01143,41281,595
Total current assets: 529,840592,597299,688484,443
Noncurrent Assets
Property, plant and equipment 737,292703,029950,8111,210,441
Intangible assets, net (including goodwill) 115,072271,35276,057455,538
Goodwill  147,515 307,677
Intangible assets, net (excluding goodwill) 115,072123,83776,057147,861
Deferred costs    48,309
Other noncurrent assets 37,67638,50035,04534,175
Other undisclosed noncurrent assets 4,5743,379  
Total noncurrent assets: 894,6141,016,2601,061,9131,748,463
TOTAL ASSETS: 1,424,4541,608,8571,361,6012,232,906
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 244,412257,983152,609275,650
Employee-related liabilities 48,87352,81218,28710,335
Accounts payable 140,109138,62475,193213,065
Accrued liabilities 55,43066,54759,12952,250
Debt   25,00013,433
Other liabilities  8673,0261,785
Total current liabilities: 244,412258,850180,635290,868
Noncurrent Liabilities
Long-term debt and lease obligation, including:    1,142,077
Other undisclosed long-term debt and lease obligation    1,142,077
Liabilities, other than long-term debt 26,71328,58534,190167,318
Deferred tax liabilities, net 5373,91715,613149,151
Other liabilities 26,17624,66818,57718,167
Total noncurrent liabilities: 26,71328,58534,1901,309,395
Total liabilities: 271,125287,435214,8251,600,263
Equity
Equity, attributable to parent 1,153,3291,321,422(298,570)632,643
Common stock 6616861,1951,204
Additional paid in capital 1,273,5241,298,8591,009,426997,766
Accumulated other comprehensive loss (148)(580)(2,600)(4,025)
Retained earnings (accumulated deficit) (120,708)22,457(1,306,591)(362,302)
Other undisclosed equity   1,445,346 
Total equity: 1,153,3291,321,4221,146,776632,643
TOTAL LIABILITIES AND EQUITY: 1,424,4541,608,8571,361,6012,232,906

Income Statement (P&L) ($ in thousands)

6/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 2,222,0891,638,739971,1421,748,889
Revenue, net1,638,739971,1421,748,889
Cost of revenue
(Cost of Goods and Services Sold)
 (1,724,707)(1,288,092)(947,255)(1,523,116)
Gross profit: 497,382350,64723,887225,773
Operating expenses (403,488)(257,239)(673,380)(1,048,286)
Other undisclosed operating loss (224,867)(109,187)(220,515)(275,809)
Operating loss: (130,973)(15,779)(870,008)(1,098,322)
Nonoperating expense (1,446)(1,524)(147,961)(73,313)
Other nonoperating income 2,45339,5048,773
Interest and debt expense (2,324)(608)(48,310)(10,926)
Other undisclosed income from continuing operations before equity method investments, income taxes 2,32460848,31010,926
Loss from continuing operations before income taxes: (132,419)(17,303)(1,017,969)(1,171,635)
Income tax benefit 2,41439,760129,010299,093
Income (loss) from continuing operations: (130,005)22,457(888,959)(872,542)
Income (loss) before gain (loss) on sale of properties: (130,005)22,457(888,959)(872,542)
Net income (loss): (130,005)22,457(888,959)(872,542)
Other undisclosed net loss attributable to parent   (55,330) 
Net income (loss) available to common stockholders, diluted: (130,005)22,457(944,289)(872,542)

Comprehensive Income ($ in thousands)

6/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): (130,005)22,457(888,959)(872,542)
Other comprehensive income (loss) (23)777(31) 
Comprehensive income (loss): (130,028)23,234(888,990)(872,542)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 455(1,357)(53,874)(3,980)
Comprehensive income (loss), net of tax, attributable to parent: (129,573)21,877(942,864)(876,522)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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