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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...
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Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that it will issue its second quarter 2024 earnings release after market close on Wednesday, July 31, 2024. The Company will host a conference call to discuss financial and operational results on Thur...
2024-06-15 16:56:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...