Welcome to our dedicated page for Cactus news (Ticker: WHD), a resource for investors and traders seeking the latest updates and insights on Cactus stock.
Cactus, Inc. provides recurring updates on its pressure control equipment, spoolable pipe technologies and field services for oil and gas wells. The company designs, manufactures, sells and rents wellheads, production valves, pressure control equipment and related rental items used in drilling, completion and production, with service centers in North America and Australia and activity in select international markets.
Company news commonly covers quarterly operating results, customer activity, margins, dividends on Class A common stock, corresponding CC Unit distributions, and corporate governance matters. Updates also address material agreements and expansion of the surface pressure control business, including disclosures tied to Cactus International and the company's Pressure Control and Spoolable Technologies segments.
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Cactus (NYSE: WHD) reported Q1 2026 results including revenue $388.3M, net income $40.2M, and adjusted EBITDA $100.1M (25.8% margin). Cash and equivalents totaled $291.6M with no bank debt; operating cash flow was $128.3M. The company closed the majority acquisition of Baker Hughes' Surface Pressure Control business on Jan 1, 2026, and backlog ended at $537.5M. Management flagged purchase-price accounting adjustments of $19.0M that reduced operating margins and expects Q2 Pressure Control revenue approximately flat amid Middle East disruptions.
Cactus (NYSE: WHD) will release first quarter 2026 earnings after market close on Wednesday, May 6, 2026 and will host a conference call on Thursday, May 7, 2026 at 9:00 a.m. CT (10:00 a.m. ET).
The call will be webcast at www.CactusWHD.com; access the webcast at least 10 minutes early. An archived recording will be available on the company website shortly after the call ends.
Cactus (NYSE: WHD) reported Q4 2025 revenue of $261.2M, operating income of $59.9M, net income of $48.3M, and adjusted EBITDA of $85.5M (32.7% margin). The company closed acquisition of a majority interest in Baker Hughes' Surface Pressure Control business on Jan 1, 2026. Cash and cash equivalents were $494.6M (including $371.0M restricted); no bank debt. Board approved a $0.14 quarterly Class A dividend payable Mar 19, 2026.
Cactus (NYSE: WHD) will release fourth quarter and full year 2025 results after market close on February 25, 2026 and host a conference call on February 26, 2026 at 9:00 a.m. CT. The call will be webcast and archived on the company website.
The Board approved a quarterly cash dividend of $0.14 per Class A share, payable March 19, 2026 to holders of record as of March 2, 2026; a distribution of up to $0.14 per CC Unit for CC Unit holders was also approved.
Cactus (NYSE: WHD) completed the acquisition of a 65% controlling interest in Baker Hughes’s Surface Pressure Control business on January 2, 2026. Formal financial guidance for the acquired Business will be provided later in the first quarter of 2026.
Management said the transaction diversifies Cactus’s geographic footprint, provides access to new growth markets, and will be operated with a focus on safety, customer execution, margins, and returns to deliver long-term value to shareholders.
Cactus (NYSE: WHD) reported third quarter 2025 results with $263.95M revenue, $61.2M operating income, and $50.2M net income (diluted EPS $0.60).
Non-GAAP results included Adjusted net income $53.7M (adjusted EPS $0.67) and Adjusted EBITDA $86.9M (margin 32.9%). Cash from operations was $61.8M, cash and equivalents $445.6M, no bank debt, and $223.2M revolver availability as of September 30, 2025. The Board declared a $0.14 quarterly cash dividend per Class A share payable December 18, 2025.
Segment notes: Pressure Control saw sequential revenue declines but margin improvement from cost actions; Spoolable Technologies had higher international sales but lower margins. Integration planning for a planned acquisition of a 65% interest in Baker Hughes' Surface Pressure Control business is progressing, with closing now expected in early 2026. Full-year 2025 net capex remains expected at $40–$45M.
Cactus (NYSE: WHD) will release its third quarter 2025 earnings after market close on Wednesday, October 29, 2025. The company will hold a conference call to discuss financial and operational results on Thursday, October 30, 2025 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
The call will be webcast at www.CactusWHD.com; listeners are advised to access the webcast at least 10 minutes early. An archived recording will be available on the company website shortly after the call ends.
Cactus (NYSE:WHD) reported Q2 2025 financial results with revenue of $273.6 million and net income of $49.0 million. The company achieved an adjusted EBITDA of $86.7 million with a 31.7% margin. Key developments include signing an agreement to acquire a 65% majority interest in Baker Hughes' Surface Pressure Control business and an 8% dividend increase to $0.14 per Class A share.
The Pressure Control segment saw a 5.5% revenue decline due to lower rental revenues and reduced activity levels, while Spoolable Technologies revenue increased 3.9% sequentially. The company maintains a strong financial position with $405.2 million in cash and no bank debt, generating operating cash flow of $82.8 million for the quarter.
Cactus (NYSE: WHD) has scheduled its second quarter 2025 earnings release and conference call. The company will release its Q2 2025 financial results after market close on Wednesday, July 30, 2025.
A conference call to discuss the results will be held on Thursday, July 31, 2025 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). Investors can access the webcast through the company's website at www.CactusWHD.com and are advised to connect at least 10 minutes before the start time. An archived version of the call will be made available on the website after the event.