Cactus (WHD)
(Delayed Data from NYSE)
$59.52 USD
-0.44 (-0.73%)
Updated Aug 30, 2024 04:00 PM ET
After-Market: $59.49 -0.03 (-0.05%) 7:58 PM ET
3-Hold of 5 3
D Value A Growth B Momentum B VGM
Company Summary
Along with its consolidated affiliates, Cactus Inc is involved in manufacturing, designing and selling wellhead and pressure control equipment. The products are being utilized by customers for drilling and completing onshore oil and natural gas wells. The equipment are also used by upstream energy companies during production phases in oil and gas wells. Thus, Cactus, headquartered in Houston, TX, generates significant cashflow from selling and renting wellhead and pressure control equipment.
Cactus, began trading on the New York Stock Exchange under the ticker symbol “WHD” on Feb 8, 2018, also generates revenues from business ...
Company Summary
Along with its consolidated affiliates, Cactus Inc is involved in manufacturing, designing and selling wellhead and pressure control equipment. The products are being utilized by customers for drilling and completing onshore oil and natural gas wells. The equipment are also used by upstream energy companies during production phases in oil and gas wells. Thus, Cactus, headquartered in Houston, TX, generates significant cashflow from selling and renting wellhead and pressure control equipment.
Cactus, began trading on the New York Stock Exchange under the ticker symbol “WHD” on Feb 8, 2018, also generates revenues from business activities that comprise field services that include handling, maintaining and installing wellhead and pressure control equipment. The business activities also involve services like repairing and refurbishment. A fleet of frac valves and ancillary equipment is also being maintained by the company that creates short-term rental income.
The coronavirus pandemic has so long been affecting Cactus’s overall business since lower oil price has reduced drilling activities, which in turn has dented demand for the company’s pressure control equipment. However, with the commodity pricing scenario gradually improving on the rollout of coronavirus vaccines, the company’s business activities are picking up.
Notably, Cactus has re-evaluated and reported two business segments upon the closure of the FlexSteel acquisition. One of the units is Pressure Control, while the other is Spoolable Technologies.
The Pressure Control segment is engaged in the design, manufacture, sale, installation and service of wellhead and pressure control equipment utilized during the drilling, completion and production phases of oil and gas wells.
The Spoolable Technologies segment is engaged in the design, manufacture, sale, installation, service and associated rental of onshore spoolable pipe technologies utilized for production, gathering and takeaway transportation of oil, gas or other liquids.
The business segments correspond to how the chief operating decision maker reviews and evaluates operating performance to make decisions about resources to be allocated to each segment.
General Information
Cactus, Inc
920 MEMORIAL CITY WAY SUITE 300
HOUSTON, TX 77024
Phone: 713-626-8800
Fax: NA
Web: http://cactuswellhead.com
Email: ir@cactuswhd.com
Industry | Oil and Gas - Integrated - United States |
Sector | Oils-Energy |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/13/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.75 |
Current Year EPS Consensus Estimate | 3.03 |
Estimated Long-Term EPS Growth Rate | 9.00 |
Exp Earnings Date | 11/13/2024 |
Price and Volume Information
Zacks Rank | ![]() |
Yesterday's Close | 59.96 |
52 Week High | 64.96 |
52 Week Low | 37.58 |
Beta | 1.96 |
20 Day Moving Average | 532,411.38 |
Target Price Consensus | 57.50 |
4 Week | 0.86 |
12 Week | 27.13 |
YTD | 31.10 |
4 Week | -4.53 |
12 Week | 20.34 |
YTD | 10.71 |
Shares Outstanding (millions) | 79.56 |
Market Capitalization (millions) | 4,735.52 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 0.87% |
Annual Dividend | $0.52 |
Payout Ratio | 0.15 |
Change in Payout Ratio | -0.19 |
Last Dividend Payout / Amount | 8/26/2024 / $0.13 |
Fundamental Ratios
P/E (F1) | 19.64 |
Trailing 12 Months | 18.78 |
PEG Ratio | 2.19 |
vs. Previous Year | -3.57% |
vs. Previous Quarter | 8.00% |
vs. Previous Year | -5.05% |
vs. Previous Quarter | 5.93% |
Price/Book | 4.10 |
Price/Cash Flow | 17.07 |
Price / Sales | 4.20 |
6/30/24 | 21.22 |
3/31/24 | 22.46 |
12/31/23 | 22.69 |
6/30/24 | 14.84 |
3/31/24 | 15.35 |
12/31/23 | 14.99 |
6/30/24 | 3.75 |
3/31/24 | 3.24 |
12/31/23 | 3.17 |
6/30/24 | 2.59 |
3/31/24 | 2.17 |
12/31/23 | 2.00 |
6/30/24 | 20.38 |
3/31/24 | 20.28 |
12/31/23 | 20.45 |
6/30/24 | 16.88 |
3/31/24 | 14.46 |
12/31/23 | 15.42 |
6/30/24 | 27.50 |
3/31/24 | 23.75 |
12/31/23 | 23.92 |
6/30/24 | 14.51 |
3/31/24 | 13.84 |
12/31/23 | 13.40 |
6/30/24 | 3.35 |
3/31/24 | 3.46 |
12/31/23 | 3.25 |
6/30/24 | 0.01 |
3/31/24 | 0.01 |
12/31/23 | 0.01 |
6/30/24 | 0.81 |
3/31/24 | 0.86 |
12/31/23 | 0.87 |