C&J Energy Services, (C&J) is a leading provider of well construction and intervention, well completion, well support and other complementary oilfield services and technologies to independent and major oil field companies engaged in the exploration, production and development of oil and gas properties in onshore basins throughout the continental United States. The revenue is allocated across three reporting units: Completion Services, Well Construction and Intervention Services ("WC&I") and Well Support Services.
Before analysing the company let us revisit some of the traditional value investing screening criterion laid down by Benjamin Graham.
- Moderate price/earnings of less