C&J Energy Services opens up 3% on its first day of trading; Closed +5.17%

• 2019 Merger: Facing market pressures, C&J combined operations with Keane Group. The joint entity traded on the NYSE under the ticker "NEX", retiring the C&J brand name.
Subsequent History: NexTier continued operations under that identity until it was later acquired itself by Patterson-UTI Energy in 2023.
C&J Energy Services merged with Keane Group Inc. on October 31, 2019, to form NexTier Oilfield Solutions Inc. This $1.8 billion merger of equals created one of the largest well completion and hydraulic fracturing providers in the United States.

=====

Closed +5.17%

Oil and gas well service specialist C&J Energy Services Inc. (CJES) closed out a busy week in the U.S. IPO market Friday, making modest gains in early trading.

The company's stock opened at $30 a share on the New York Stock Exchange, up 3% from its initial public offering price of $29. A total of 11.5 million shares were sold at a price above its expected $25 to $28 range. It was changing hands recently at $30.45, up 5%.

Photo added Jan 6, 2012