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WHD News and Press, Cactus Inc. Class A From 03/14/22

Stock Information

Company Name: Cactus Inc. Class A
Stock Symbol: WHD
Market: NYSE
Website: cactuswhd.com

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WHD - Cactus: Internationalization In Saudi Arabia And Oil Price Increases Are Drivers

Cactus, Inc. designs, manufactures, and sells wellhead and pressure control equipment to large oil operators. With service centers located in Texas, New Mexico, Pennsylvania, North Dakota, Louisiana, Oklahoma, Colorado, Utah, and Wyoming, in my view, Cactus is trying to be close to cu...

WHD - NOV cut to Sell equivalent at BofA after big run-up as 'real challenges exist'

NOV Inc. (NOV -5.3%) slumps from a two-year high after Bank of America double downgrades shares to Underperform from Buy with a $22 price target, one of three oilfield services stocks cut at the firm after the group's massive rally during the past two weeks (NYSEARCA:OIH). NOV's risk-rew...

WHD - Schlumberger, Halliburton post multiyear highs as U.S. crude touches $130/bbl

Leading oilfield services companies Schlumberger (SLB +8.1%), Halliburton (HAL +6.2%) and Baker Hughes (BKR +4.7%) all closed at multiyear highs Monday, leading the energy sector as WTI crude oil closed at its highest front-month contract finish since September 2008 after setting an overnight...

WHD - Cactus, Inc.'s (WHD) CEO Scott Bender On Q4 2021 Results - Earnings Call Transcript

Cactus, Inc. (WHD) Q4 2021 Earnings Conference Call February 28, 2022 10:00 A.M. ET Company Participants John Fitzgerald - Director of Corporate Development and Investor Relations Scott Bender - Chief Executive Officer Steve Tadlock - Chief Financial Officer Steven Bender - Vice President of ...

WHD - Cactus Non-GAAP EPS of $0.25 beats by $0.05, revenue of $129.92M beats by $6.66M

Cactus press release (NYSE:WHD): Q4 Non-GAAP EPS of $0.25 beats by $0.05. Revenue of $129.92M (+90.8% Y/Y) beats by $6.66M. Net income margin of 15.7% and adjusted net income margin of 14.4%; For further details see: Cactus Non-GAAP EPS of $0.25 beats by $0.05, revenue of $129.92M ...

WHD - Cactus Announces Fourth Quarter and Full Year 2021 Results

Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the fourth quarter and full year 2021. Fourth Quarter 2021 Highlights Revenue of $129.9 million and income from operations of $25.7 million;...

WHD - Cactus Announces Timing of Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that it will issue its fourth quarter and full year 2021 earnings release before market open on Monday, February 28, 2022. The Company will host a conference call to discuss financial and op...

WHD - Shares of Cactus Inc. Class A (WHD) Have Risen Above Previous 52-Week High

Cactus Inc. Class A (NYSE:WHD) traded today at a new 52-week high of $50.47. This new high was reached on below average trading volume as 123,000 shares traded hands, while the average 30-day volume is approximately 346,000 shares. Over the past year, Cactus Inc. Class A has traded in a ...

WHD - Cactus Announces Quarterly Cash Dividend Increase

Cactus, Inc. (NYSE: WHD) (“Cactus”) today announced that its Board of Directors approved an increase in the quarterly cash dividend to $0.11 per share of Class A common stock with payment to occur on March 17, 2022 to holders of record of Class A common stock at the close ...

WHD - Patterson-UTI raised, Helmerich & Payne cut at Morgan Stanley

Patterson-UTI Energy (PTEN +6.1%) is upgraded to Overweight from Equal Weight with a $12 price target at Morgan Stanley, while Helmerich & Payne (HP +3.0%) is downgraded to Underweight from Equal Weight with a $27 target at the same firm, but both stocks trade higher as crude oil ral...

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