The company priced its offering of 11.5 million shares at $29 per share — higher than the $25-$28 per share range it had set earlier.
The Houston-based company had told the U.S Securities and Exchange Commission in a preliminary prospectus that it will list its common stock on the New York Stock Exchange under the symbol “CJES.”
C&J Energy operates in south Texas, east Texas, north Louisiana and western Oklahoma.
Goldman, Sachs & Co, J.P. Morgan and Citi are acting as joint book-running managers for the offering. Citigroup Private Equity and Energy Spectrum Capital LP are stakeholders.
(Reporting by Divya Sharma in Bangalore; Editing by Gary Hill)