C&J Energy Services, Inc (CJ) financial statements (2020 and earlier)
Company profile
| Business Address |
3990 ROGERDALE RD HOUSTON, TX 77042 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| 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 millions)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 136 | 114 | 65 | 26 | ||
| Cash and cash equivalents | 136 | 114 | 65 | 26 | ||
| Receivables | 309 | 368 | 137 | 275 | ||
| Inventory, net of allowances, customer advances and progress billings | 63 | 78 | 54 | 102 | ||
| Inventory | 63 | 78 | 54 | 102 | ||
| Other undisclosed current assets | 22 | 33 | 43 | 82 | ||
| Total current assets: | 530 | 593 | 300 | 484 | ||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 737 | 703 | 951 | 1,210 | ||
| Intangible assets, net (including goodwill) | 115 | 271 | 76 | 456 | ||
| Goodwill | 148 | 308 | ||||
| Intangible assets, net (excluding goodwill) | 115 | 124 | 76 | 148 | ||
| Deferred costs | 48 | |||||
| Other noncurrent assets | 38 | 39 | 35 | 34 | ||
| Other undisclosed noncurrent assets | 5 | 3 | ||||
| Total noncurrent assets: | 895 | 1,016 | 1,062 | 1,748 | ||
| TOTAL ASSETS: | 1,424 | 1,609 | 1,362 | 2,233 | ||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 244 | 258 | 153 | 276 | ||
| Accounts payable | 140 | 139 | 75 | 213 | ||
| Accrued liabilities | 55 | 67 | 59 | 52 | ||
| Employee-related liabilities | 49 | 53 | 18 | 10 | ||
| Debt | 25 | 13 | ||||
| Other liabilities | 1 | 3 | 2 | |||
| Total current liabilities: | 244 | 259 | 181 | 291 | ||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation, including: | 1,142 | |||||
| Other undisclosed long-term debt and lease obligation | 1,142 | |||||
| Liabilities, other than long-term debt | 27 | 29 | 34 | 167 | ||
| Deferred tax liabilities, net | 1 | 4 | 16 | 149 | ||
| Other liabilities | 26 | 25 | 19 | 18 | ||
| Total noncurrent liabilities: | 27 | 29 | 34 | 1,309 | ||
| Total liabilities: | 271 | 287 | 215 | 1,600 | ||
| Stockholders' equity | ||||||
| Stockholders' equity attributable to parent | 1,153 | 1,321 | (299) | 633 | ||
| Common stock | 1 | 1 | 1 | 1 | ||
| Additional paid in capital | 1,274 | 1,299 | 1,009 | 998 | ||
| Accumulated other comprehensive loss | (0) | (1) | (3) | (4) | ||
| Retained earnings (accumulated deficit) | (121) | 22 | (1,307) | (362) | ||
| Other undisclosed stockholders' equity | 1,445 | |||||
| Total stockholders' equity: | 1,153 | 1,321 | 1,147 | 633 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,424 | 1,609 | 1,362 | 2,233 | ||
Income statement (P&L) ($ in millions)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|
| Revenues | 2,222 | 1,639 | 971 | 1,749 | |
| Revenue, net | ✕ | 1,639 | 971 | 1,749 | |
| Cost of revenue (Cost of Goods and Services Sold) | (1,725) | (1,288) | (947) | (1,523) | |
| Gross profit: | 497 | 351 | 24 | 226 | |
| Operating expenses | (403) | (257) | (673) | (1,048) | |
| Other undisclosed operating loss | (225) | (109) | (221) | (276) | |
| Operating loss: | (131) | (16) | (870) | (1,098) | |
| Nonoperating expense | (1) | (2) | (148) | (73) | |
| Other nonoperating income | 2 | 0 | 10 | 9 | |
| Interest and debt expense | (2) | (1) | (48) | (11) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 2 | 1 | 48 | 11 | |
| Loss from continuing operations before income taxes: | (132) | (17) | (1,018) | (1,172) | |
| Income tax benefit | 2 | 40 | 129 | 299 | |
| Net income (loss): | (130) | 22 | (889) | (873) | |
| Other undisclosed net loss attributable to parent | (55) | ||||
| Net income (loss) available to common stockholders, diluted: | (130) | 22 | (944) | (873) | |
Comprehensive Income ($ in millions)
| 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|
| Net income (loss): | (130) | 22 | (889) | (873) | |
| Other comprehensive income (loss) | (0) | 1 | (0) | ||
| Comprehensive income (loss): | (130) | 23 | (889) | (873) | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 0 | (1) | (54) | (4) | |
| Comprehensive income (loss), net of tax, attributable to parent: | (130) | 22 | (943) | (877) | |
Statements sources
The financial statements are based on the company's filings with the 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.