CJ 2018 Proxy Statement

GENERAL INFORMATION GENERAL INFORMATION Corporate Overview References to “C&J,” the “Company,” “we,” “us” or “our” in this Proxy Statement are to C&J Energy Services, Inc., a Delaware corporation, together with its consolidated subsidiaries to the extent applicable when referring to periods following the Plan Effective Date (as defined below), and to the Predecessor Companies (as defined below) when referring to periods prior to the Plan Effective Date. C&J Energy Services, Inc. is a leading provider of well construction and intervention, well completion, well support and other complementary oilfield services and technologies to oil and gas exploration and production companies throughout the continental United States. We offer a comprehensive, integrated suite of services throughout the life cycle of the well, including fracturing, cased- hole wireline and pumping, cementing, coiled tubing, rig services, fluids management and other completion and specialty well site services. We are headquartered in Houston, Texas and our principal executive offices are located at 3990 Rogerdale Road, Houston, Texas 77042; the main telephone number at that address is (713) 325-6000. We operate across all active onshore basins in the continental United States. We were founded in Texas in 1997 as a partnership and converted to a Delaware corporation (“Old C&J”) in connection with our initial public offering which was completed in 2011 with a listing on the New York Stock Exchange (“NYSE”) under the symbol “CJES.” In 2015, Old C&J combined with the completion and production services business of Nabors Industries Ltd. (“Nabors”) in a transformative transaction (the “Nabors Merger”) that nearly tripled the Company’s size, significantly expanding the Company’s Completion Services business and adding the Well Support Services division to the Company’s service offering. Upon the closing of the Nabors Merger, Old C&J became a subsidiary of C&J Energy Services Ltd., a Bermuda corporation (the “Predecessor” and together with its consolidated subsidiaries for periods prior to the Plan Effective Date, the “Predecessor Companies”), and shares of common stock of Old C&J were converted into common shares of the Predecessor on a 1-for-1 basis. Due to a severe industry downturn, on July 20, 2016, the Predecessor Companies voluntarily filed petitions for reorganization seeking relief under the provisions of Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the “Bankruptcy Court”), with ancillary recognition proceedings filed in Canada and Bermuda (collectively, the “Chapter 11 Proceeding”). On December 16, 2016, the Bankruptcy Court entered an order confirming the plan of reorganization (the “Restructuring Plan”) of the Predecessor Companies. On January 6, 2017 (the “Plan Effective Date”), the Predecessor Companies substantially consummated the Restructuring Plan and emerged from the Chapter 11 Proceeding. As part of the transactions undertaken pursuant to the Restructuring Plan, effective on the Plan Effective Date, the Company was formed, the Predecessor’s equity was canceled, the Predecessor transferred all of its assets and operations to the Company, and the Predecessor was subsequently dissolved. Additionally, the Company’s current Board of Directors (the “Board”) was appointed, with five of the seven directors newly joining the Board, and organizational and governance documents (including the Company’s bylaws) for the Company were adopted, among other corporate actions that were effected. Contemporaneously with the commencement of the Chapter 11 Proceeding, trading in the Predecessor’s common stock was suspended and the Predecessor’s common stock was ultimately delisted from the NYSE. On April 12, 2017, the Company completed an underwritten public offering of common stock and its common stock began trading again on the NYSE under the symbol “CJ.” We file annual, quarterly and current reports and other documents with the U.S. Securities and Exchange Commission (“SEC”) under the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”). You may read and copy any materials we file with or furnish to the SEC at the SEC’s Public Reference Room at 100 F Street, NE, Washington, DC 20549. You may obtain information on the operations of the Public Reference Room by calling the SEC at (800) SEC-0330. In addition, the SEC maintains a website at www.sec.gov that contains reports and other information regarding issuers that file electronically with the SEC. We also make available free of charge through our website at www.cjenergy.com all reports filed with or furnished to the SEC pursuant to Section 13(a) or 15(d) of the Exchange Act, as soon as reasonably practicable after such material is electronically filed with or furnished to the SEC. Information contained on or available through our website is not a part of, or incorporated into, this Proxy Statement or any other report that we may file with or furnish to the SEC. Proxy Materials This Proxy Statement contains information related to the C&J Energy Services, Inc. 2018 Annual Meeting of Stockholders (the “Annual Meeting”). We are providing the forgoing Notice of Annual Meeting, this Proxy Statement and the enclosed Proxy Card, together with the Company’s 2017 Annual Report to Stockholders, which includes the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2017 (collectively the “Proxy Materials”), to stockholders in connection with the solicitation of proxies by the Board for use at the Annual Meeting. C&J ENERGY SERVICES, INC. 2018 PROXY STATEMENT 1