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Nervous markets await Nvidia(A Top Pick Nov 15/17, Down 36%) He sold this around $27. This is a 50/50 pressure pumper and ancillary services in the US. With the drop in oil price, the outlook of spending in the US next year is not terrific. Service names have been smashed. Given the uncertainty in the outlook, it will take time to regain lost multiple on the name.
A US pressure pumper with ancillary services trading at about 4.5X next year’s EBITDA. The frac market in the US is tight, and will remain tight throughout all of next year. These companies will be able to push through more price increases. A good way to gain exposure to US pressure pumpers. (Analysts’ price target is $39.)
C & J Energy Services is a American stock, trading under the symbol CJ-N on the New York Stock Exchange (CJ). It is usually referred to as NYSE:CJ or CJ-N
In the last year, there was no coverage of C & J Energy Services published on Stockchase.
C & J Energy Services was recommended as a Top Pick by on . Read the latest stock experts ratings for C & J Energy Services.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of C & J Energy Services published on Stockchase.
On 2019-10-30, C & J Energy Services (CJ-N) stock closed at a price of $7.355.