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C&J Energy prices IPO at $29.00, above the range

July 28, 2011

C&J Energy Services, which provides hydraulic fracturing services used in unconventional oil and gas drilling, raised $334 million by offering 11,500,000 shares at $29.00, above the range of $25.00 to $28.00. C&J Energy Services plans to list on the NYSE under the symbol CJES. Goldman, Sachs & Co., J.P. Morgan, and Citi acted as lead managers on the deal.