Cactus, Inc., together with its subsidiaries, designs, manufactures, sells, and rents engineered pressure control and spoolable pipe technologies in the United States, Australia, Canada, the Middle East, and internationally. It operates in two segments, Pressure Control and Spoolable Technologies. The Pressure Control segment designs, manufactures, sells, and rents a range of wellhead and pressure control equipment under the Cactus Wellhead brand through its service centers. Its products are sold and rented primarily for onshore unconventional oil and gas wells for drilling, completion, and production phases. This segment also offers field services for its products and rental items to assist with the installation, maintenance, and handling of the equipment. The Spoolable Technologies segment designs, manufactures, and sells spoolable pipes and associated end fittings under the FlexSteel brand. Its products are primarily used in production, gathering, and takeaway pipelines to transport oil, gas, and other liquids. This segment also provides field services and rental items to assist with installation through service centers and pipe yards, as well as equipment and services. The company also offers repair and refurbishment services. Cactus, Inc. was founded in 2011 and is headquartered in Houston, Texas.
Strategic Expansion | Cactus Inc.'s acquisition of Baker Hughes' Surface Pressure Control business marks a transformative step, diversifying its portfolio and expanding its Middle East presence. |
Market Resilience | Discover how Cactus navigates industry challenges, including tariffs and a slowing US market, while historically gaining market share during economic downturns. |
Financial Outlook | Explore Cactus's financial performance, with analysts projecting EPS of $3.13 for FY2025 and an average price target of $53, despite market uncertainties. |
Competitive Edge | Learn about Cactus's innovative products and lean operational structure, positioning the company to potentially outperform competitors in challenging market conditions. |
Metrics to compare | WHD | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipWHDPeersSector | |
---|---|---|---|---|
P/E Ratio | 15.4x | 13.9x | 5.1x | |
PEG Ratio | −1.97 | −0.02 | 0.00 | |
Price/Book | 2.8x | 1.2x | 1.1x | |
Price / LTM Sales | 2.9x | 0.8x | 1.2x | |
Upside (Analyst Target) | 25.2% | 20.3% | 23.6% | |
Fair Value Upside | Unlock | 18.4% | 7.9% | Unlock |