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WHD - Cactus Gained Gobs Of Market Share Again
February, 28 2021 03:13 PM
Cactus Inc. Class A
Cactus reported weak Q4 results, but strong guidance. Its stock has done so well recently because investors foresee a cyclical recovery. Cactus gained another 5.1 points of market share. It's now at 43%. Cactus detailed its ESG-related innovation to use electric instead of diesel at the wellsite. It started rental sales to the Middle East in January. Because Cactus doesn't compete on price, expanding customer budgets help its sales more than its competitors. For further details see:
Cactus Gained Gobs Of Market Share Again
Stock Information
Company Name:
Cactus Inc. Class A
Stock Symbol:
WHD
Market:
NYSE
Website:
cactuswhd.com
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