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C&J faces many challenges and risks in the industry in which it operates. The presentation contains forward-looking statements that involve risks and uncertainties. C&J’s actual results may differ materially from those discussed in any forward-looking statement because of various factors, including those described under “Important Disclaimer” in the presentation. Please read “Important Disclaimer” in the presentation for additional information about the known material risks that the Company faces. In accordance with General Instruction B.2 of Form 8-K, the information furnished pursuant to this Item 7.01, including Exhibit 99.1 furnished herewith, shall not be deemed “filed” for purposes of Section 18 of the U.S.

Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set forth by specific reference in any such filing. Important Disclaimer This presentation contains certain statements and information that may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements. The words “anticipate,” “believe,” “ensure,” “expect,” “if,” “once” “intend,” “plan,” “estimate,” “project,” “forecasts,” “predict,” “outlook,” “will,” “could,” “should,” “potential,” “would,” “may,” “probable,” “likely,” and similar expressions that convey the uncertainty of future events or outcomes, and the negative thereof, are intended to identify forward-looking statements. Diversified, New Well Focused Service Provider 4Q’18 Revenue: $491MM Committed to Safety Strong Focus on Quality Management and Quality and Safety Record Fluids Management New Well Specialized Completions, Well 8% Rig Services Focused Services Construction & Intervention Services 11% Scalable Footprint, Active in Geographic Diversity Most U.S.

Land Basins Coiled Tubing 39% 6% Fracturing Focused on Generating Allocating Capital to Maximize Shareholder Returns Value for Our Shareholders 13% Cementing Diversity of Service Lines Consistent Growth Supports Sustainable Growth 4% Other 19% Standardized Equipment Leads to Completions Focused on Execution Best-In-Class Service Quality Wireline & Pumping Technology Enhanced R&T Focused on Safety, Efficiencies 81% of Revenue from New Well Focused Services Efficiencies and Profitability 4. Disciplined Capital Deployment is Key to Sustainable Returns ● Operating segments compete for capital based on returns Balanced Capital ● Capital deployed with clear visibility on revenue generation Expenditures ● Flexibility to divert or suspend in changing markets ● Continuous drive to improve our cost structure Prudent Strategic ● Balance returns vs. Longer payback periods Initiatives ● Build businesses that drive long-term free cash flow ● Monetize or shut-down dilutive business lines Sensible Portfolio Management ● M&A strategy focused on acquiring accretive businesses Prioritize Generating ● $1.3B of NOLs provide tax free returns Best Returns and ● Executed $40MM of $150MM stock Free Cash Flow buyback program Maximizing Shareholder Returns 7. 4Q’18 Financial Highlights & Market Conditions 4Q’18 Market Conditions Consolidated Revenue ● Revenue was flat y-o-y but decreased 14% sequentially; Adj.

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Hydraulic Fracturing Is Our Biggest Business Line 2019 Fracturing Strategy ● Entered 1Q’19 at the low spot fleet count reached in 2Q’18 ● Focused on committed customers who appreciate the value we provide ● Best-in-class execution and technology enhanced efficiencies attract “blue-chip” customers ● Will redeploy frac fleets when customer demand increases and targeted returns and payback periods can be achieved Active Horizontal Equivalent Fleets(1) Frac Revenue ($ in MM) $289 18 $269 17 17 $247 $252 16 15 $193 10 YE'16 YE'17 1Q'18 2Q'18 3Q'18 4Q'18 4Q'17 1Q'18 2Q'18 3Q'18 4Q'18 1. Represents exit rate for stated period. A Proven Market Leader in Wireline & Pumping Casedhole Solutions Leading ● The #1 service provider and market leader(1) Position ● Introduced advance pressure control and greaseless cable systems Scalable ● Established in most U.S. Expanding Presence in Cementing and Coiled Tubing Market ● 4th largest provider of cementing services in Position U.S. Established Provider of Well Support Services ● Top 2 well services company in the U.S. C&J Tenants: The Differentiated U.S. Oilfield Services Company Leading Diversified Modern, High-Quality 1 Service Provider in most 2 Asset Base Enhanced with U.S.