Cactus

Cactus, Inc. is a holding company, which engages in the design, manufacture and sale of wellhead and pressure control equipment. Its products include Cactus SafeDrill wellhead systems as well as frac stacks, Cactus SafeLink monobore, SafeClamp and SafeInject systems. It also offers field services for its products and rental items to assist with the installation, maintenance, and handling of the wellhead and pressure control equipment. The company was founded in August 2011 and is headquartered in Houston, TX.

Earnings data Q1 2024

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HOUSTON--( BUSINESS WIRE )--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that it will issue its fourth quarter and full year 2022 earnings release after market close on Wednesday, February 22, 2023. The Company will host a conference call to discuss financial and operational results on Thursday, February 23, 2023 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).

Cactus Announces Timing of Fourth Quarter and Full Year 2022 Earnings Release and Conference Call

HOUSTON--( BUSINESS WIRE )--Cactus, Inc. (NYSE: WHD) (“Cactus”) today announced that its Board of Directors approved the payment of a quarterly cash dividend of $0.11 per share of Class A common stock with payment to occur on March 16, 2023 to holders of record of Class A common stock at the close of business on February 27, 2023. A corresponding distribution of up to $0.11 per CW Unit has also been approved for holders of CW Units of Cactus Wellhead, LLC.

Cactus Announces Quarterly Cash Dividend

HOUSTON--( BUSINESS WIRE )--Pickering Energy Partners (“PEP”) acted as a co-manager on the $150,000,000 follow-on public offering for Cactus, Inc. (NYSE: WHD) which closed on January 13, 2023.

Pickering Energy Partners Acted as Co-Manager to Cactus, Inc.

With a market cap of $4.3 billion, Cactus (WHD) creates long-term value for shareholders.

Here's Why You Must Invest in Cactus (WHD) Stock Right Now

HOUSTON--( BUSINESS WIRE )--Cactus, Inc. (NYSE: WHD) (“Cactus”) announced today the pricing of an underwritten offering (the “Offering”) of 2,803,739 shares of its Class A common stock (“common stock”) for total gross proceeds of approximately $150 million. Cactus has granted the underwriters an option to purchase up to an additional 420,561 shares of common stock at the public offering price, less the underwriting discounts and commissions. The Offering is expected to close on January 13, 2023, subject to customary closing conditions.

Cactus Prices Upsized Public Offering of Common Stock

HOUSTON--( BUSINESS WIRE )--Cactus, Inc. (NYSE: WHD) (“Cactus”) announced today the commencement of an underwritten offering (the “Offering”) of $125,000,000 of its Class A common stock (“common stock”). Cactus intends to offer the underwriters an option to purchase up to $18,750,000 of additional shares of common stock at the public offering price, less underwriting discounts and commissions.

Cactus Announces Public Offering of Common Stock

Cactus, Inc. is an interesting oil and gas exploration supplier. After years of muddling through, Cactus has seen a strong 2022 and started 2023 with an interesting deal.

Cactus: Interesting Start To 2023

Cactus (WHD) announced today that it entered into a definitive agreement to acquire FlexSteel Technologies The post Why Cactus Is Buying FlexSteel (WHD) appeared first on Pulse 2.0.

Why Cactus Is Buying FlexSteel (WHD)

HOUSTON--( BUSINESS WIRE )--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) announced today that it has entered into a definitive agreement (the “Agreement”) to acquire FlexSteel Technologies Holdings, Inc. and its affiliates through a merger with its holding company, HighRidge Resources, Inc. (“FlexSteel”) and Atlas Merger Sub, LLC, a newly formed subsidiary of Cactus, Inc. FlexSteel is a market-leading manufacturer of spoolable pipe technologies primarily purchased by customers during the production phases of a well's lifecycle.

Cactus Announces Agreement to Acquire FlexSteel

Cactus, Inc. (WHD) reported earnings 30 days ago. What's next for the stock?

Why Is Cactus, Inc. (WHD) Down 10.2% Since Last Earnings Report?

When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?

Cactus, Inc. (WHD) Just Overtook the 20-Day Moving Average

Higher sales of wellhead and production-related equipment aid Cactus' (WHD) earnings in Q3.

Cactus (WHD) Shares Rise 6.8% Since Q3 Earnings Beat Estimates

Cactus, Inc. (NYSE:WHD ) Q3 2022 Earnings Conference Call November 7, 2022 10:00 AM ET Corporate Participants John Fitzgerald - Investor Relations Scott Bender - Chief Executive Officer Stephen Tadlock - Chief Financial Officer Conference Call Participants Stephen Gengaro - Stifel Connor Lynagh - Morgan Stanley David Smith - Pickering Energy Operator Good day and thank you for standing by and welcome to Cactus Third Quarter 2022 Earnings Call. [Operator Instructions] Please be advised that today's conference is being recorded.

Cactus, Inc. (WHD) Q3 2022 Earnings Call Transcript

Cactus, Inc. (WHD) delivered earnings and revenue surprises of 6.12% and 0.82%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Cactus, Inc. (WHD) Surpasses Q3 Earnings and Revenue Estimates

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the third quarter of 2022.

Cactus Announces Third Quarter 2022 Results

Cactus (WHD) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Cactus (WHD)

Cactus, Inc. (WHD) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cactus, Inc. (WHD) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that it will issue its third quarter 2022 earnings release before market open on Monday, November 7, 2022.

Cactus Announces Timing of Third Quarter 2022 Earnings Release and Conference Call

When a stock breaks out above the 200-day simple moving average, good things could be on the horizon. How should investors react?

Cactus, Inc. (WHD) Crossed Above the 200-Day Moving Average: What That Means for Investors

The mean of analysts' price targets for Cactus, Inc. (WHD) points to a 25.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts See a 25% Upside in Cactus, Inc. (WHD): Can the Stock Really Move This High?

Cactus, Inc. (WHD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Cactus, Inc. (WHD) Could Beat Earnings Estimates Again

Does Cactus, Inc. (WHD) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Cactus, Inc. (WHD) is a Great Choice

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The average of price targets set by Wall Street analysts indicates a potential upside of 33.3% in Cactus, Inc. (WHD). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think Cactus, Inc. (WHD) Could Surge 33%: Read This Before Placing a Bet

The consensus price target hints at a 25.8% upside potential for Cactus, Inc. (WHD). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

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