WHD News and Press, Cactus Inc. Class A From 08/07/23

2023-08-07 17:24:10 ET Cactus press release ( NYSE: WHD ): Q2 Non-GAAP EPS of $0.84 beats by $0.07 . Revenue of $305.8M (+79.6% Y/Y) beats by $8.2M . For further details see: Cactus Non-GAAP EPS of $0.84 beats by $0.07, revenue of $305.8M beats by $8.2M

Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the second quarter of 2023. Second Quarter Highlights Revenue of $305.8 million and operating income of $48.5 million; Net income of $32.5 million...

Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that it will issue its second quarter 2023 earnings release after market close on Monday, August 7, 2023. The Company will host a conference call to discuss financial and operational results on Tuesda...

2023-07-03 04:48:02 ET Summary Cactus, Inc. has shown impressive growth in 2023, with revenues increasing by 57% YoY, largely due to higher drilling activity and the acquisitions of FlexSteel. WHD has a global footprint in the oil industry, with a strong presence in North America ...

2023-06-26 15:14:46 ET Summary US oil rig counts have declined, posing a challenge for oil service and wellhead equipment firms. Cactus, Inc. remains a buy due to its strong free cash flow yield and growth outlook. The company's valuation and growth outlook outweigh the lacklu...

2023-06-19 15:00:00 ET Amidst the recent outperformance of megacap tech and other AI beneficiaries, Goldman Sachs has raised its S&P 500 year-end price target to 4,500 from 4,000, suggesting a potential upside of 2% from the current level of 4,400. For bulls that believe the rest of...

2023-06-09 19:35:20 ET Crude oil prices failed to sustain their initial lift following Saudi Arabia's decision to cut production, but Goldman Sachs' Jeff Currie sees the move eventually prompting a draw in crude inventories, sending prices into the low $90s before the end of the year. ...

2023-06-08 10:36:23 ET Cactus Inc. ( NYSE: WHD ) +9.7% in Thursday's trading after the company authorized a $150M share repurchase program and forecast a substantial Q2 revenue gain in its spoolable technologies segment. In a new investor presentation , Cactus ( WH...

2023-06-08 01:50:38 ET Cactus ( WHD ) on Wednesday notifies that the board has authorized the company to repurchase shares of its Class A common stock, par value $0.01 per share for an aggregate purchase price of up to $150 million in open market transactions. Scott Bender, Pr...

Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that the board of directors of the Company has authorized the Company to repurchase shares of its Class A common stock, par value $0.01 per share (“Common Shares”), for an aggregate purc...