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Cactus Inc (Cactus) carries out the design, manufacture, sale and rental of pressure control equipment. The company's activities include providing equipment and services for onshore and offshore oil and gas drilling, fracking, completion, and production. Its product offering includes flex steels, well head systems, flow control products among others. It also offers completion equipment. Cactus products and services are used for onshore unconventional oil and gas wells during the drilling, completion, and production phases. The company operates in the US, Mexico, China, Australia. Cactus is headquartered in Houston, Texas, the US.
Headquarters
United States of America
Address
920 Memorial City Way Ste 300, Houston, Texas, 77024-2653
Website
cactuswhd.com
Telephone
1 713 6268800
No of Employees
1,600
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
WHD (NYSE)
Revenue (2024)
$1.1B
3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
9.6%
(2024 vs 2023)
Market Cap*
$4.3B
Net Profit Margin (2024)
XYZ
6.4%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| SafeDrill Wellhead Systems | Installation Maintenance | SafeDrill |
| Conventional Wellhead Systems | Home Warranties: | SafeClamp |
| Frac Equipment | Non-Warranty Home | SafeInject |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In January, the company acquired a 65% stake in the Surface Pressure Control Business from Baker Hughes Company. |
| 2023 | Acquisitions/Mergers/Takeovers | In March, the company acquired FlexSteel Technologies Holdings, Inc. |
| 2021 | Contracts/Agreements | In September, the company entered into an agreement with National Energy Services Reunited to provide and deploy Cactus frac rental equipment in the Middle East. |
Competitor Comparison
| Key Parameters | Cactus Inc | Slb NV | TechnipFMC Plc | ProPetro Holding Corp | Nine Energy Service Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United Kingdom | United States of America | United States of America |
| City | Houston | Houston | London | Midland | Houston |
| State/Province | Texas | Texas | Northumberland | Texas | Texas |
| No. of Employees | 1,600 | 110,000 | 22,848 | 1,900 | 1,077 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Scott Bender | Chairman; Chief Executive Officer | Executive Board | 2023 | 71 |
| Joel Bender | Director; President | Executive Board | 2023 | 65 |
| Jay Nutt | Treasurer; Chief Financial Officer; Executive Vice President | Senior Management | 2024 | - |
| Steven Bender | Chief Operating Officer | Senior Management | 2023 | 42 |
| William Marsh | Secretary; General Counsel; Executive Vice President | Senior Management | 2023 | 62 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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