C&J and Keane Complete Merger and Adopt NextTier Oilfield Solutions Name

Updated 1 year 7 months ago

NexTier Oilfield Solutions announced the successful completion of the merger between C&J Energy Services Keane, creating a new well completion and production services company. The combined company's common stock will trade on the NYSE exchange under the ticker symbol "NEX". C&J shareholders will receive 1.6149 shares of Keane stock for each share of C&J with each group of shareholders owning 50% of the equity of the new company on a fully diluted basis.