Cactus Stock Price, News & Analysis

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 An archived version of the call will be made available on the website after the event.

Cactus (NYSE: WHD) has announced a strategic acquisition of a 65% controlling interest in Baker Hughes' Surface Pressure Control Business (SPC) for $344.5 million, representing a total enterprise value of $530 million. SPC specializes in surface pressure control solutions, primarily wellheads and production tree equipment for international markets. The acquisition will significantly transform Cactus' geographic footprint, with approximately 85% of SPC revenues generated in the Middle East. The deal includes a $600+ million product and aftermarket service backlog as of December 31, 2024. The transaction will be structured as a Joint Venture, with Baker Hughes retaining 35% ownership. Cactus plans to fund the acquisition using cash on hand ($348 million as of March 31, 2025) and its undrawn $225 million revolving credit facility. The deal is expected to close in the second half of 2025, with Cactus having the right to purchase the remaining 35% interest after two years.

Cactus reported strong Q1 2025 financial results with revenue of $280.3 million and net income of $54.1 million. The company achieved a net income margin of 19.3% and adjusted EBITDA of $93.8 million with a 33.5% margin.

Key highlights include diluted earnings per Class A share of $0.64, strong cash position of $347.7 million with no bank debt, and a declared quarterly dividend of $0.13 per share. The company's Pressure Control segment saw a 7.7% sequential increase in revenue, while Spoolable Technologies experienced a 3.6% decrease.

CEO Scott Bender anticipates headwinds in Q2 2025, expecting U.S. land rig count decline due to lower commodity pricing and uncertain global economic outlook. The company is actively addressing tariff-related challenges through supply chain diversification, including accelerating production from Vietnam. Capital expenditure guidance for 2025 has been reduced to $40-50 million.

Cactus (NYSE: WHD) has scheduled its first quarter 2025 earnings release and conference call. The company will release its Q1 2025 financial results after market close on Wednesday, April 30, 2025. A conference call to discuss the results will be held the following day on Thursday, May 1, 2025 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). The call will be accessible via webcast on the company's website at www.CactusWHD.com, with recommended access at least 10 minutes before the start time. An archived version of the webcast will be made available shortly after the call concludes.

Cactus (NYSE: WHD) reported its Q4 and full year 2024 financial results, with Q4 revenue of $272.1 million and operating income of $70.5 million. The company achieved a net income of $57.4 million with diluted earnings per Class A share of $0.68. Q4 highlights include adjusted EBITDA of $92.7 million with a 34.1% margin and operating cash flow of $66.6 million.

The company maintains a strong financial position with $342.8 million in cash and no bank debt. The Board declared a quarterly dividend of $0.13 per Class A share for January 2025. Both business segments showed mixed performance, with Pressure Control segment revenue declining 4.5% sequentially, while Spoolable Technologies revenues decreased 11.2% due to seasonal slowdowns.

Looking ahead to Q1 2025, management expects U.S. land activity levels to remain unchanged from Q4 2024, with flat to slightly higher Pressure Control revenues and softer Spoolable Technologies performance.

Cactus (NYSE: WHD) has announced it will release its fourth quarter and full year 2024 earnings after market close on Wednesday, February 26, 2025. The company will hold a conference call to discuss financial and operational results on Thursday, February 27, 2025, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). The call will be webcast on the company's website, with an archived version available shortly after the call concludes.

Cactus (NYSE: WHD) has announced a quarterly cash dividend payment approved by its Board of Directors. Shareholders of Class A common stock will receive $0.13 per share, with the payment scheduled for March 20, 2025. Stockholders must be on record by the close of business on March 3, 2025 to be eligible.

Additionally, holders of CC Units of Cactus Companies, will receive a corresponding distribution of up to $0.13 per CC Unit. The company notes that future dividend declarations and amounts will require Board approval.