WHD 📈 Cactus - Overview

Cactus, Inc. is a leading provider of wellhead and pressure control equipment, as well as spoolable pipes, operating across multiple regions including the United States, Australia, Canada, the Middle East, and other international markets. The company's operations are divided into two primary segments: Pressure Control and Spoolable Technologies. The Pressure Control segment focuses on designing, manufacturing, and selling a range of equipment under the Cactus Wellhead brand, catering to the needs of onshore unconventional oil and gas wells throughout their drilling, completion, and production phases.

The company's product portfolio under the Pressure Control segment includes wellhead and pressure control equipment, which are sold and rented through service centers. Additionally, this segment provides field services, encompassing installation, maintenance, and handling of the equipment, ensuring comprehensive support to its clients. This approach enables Cactus, Inc. to maintain a strong presence in the oil and gas industry, particularly in the context of onshore operations where efficient and reliable equipment is crucial for the successful extraction and production of hydrocarbons.

In contrast, the Spoolable Technologies segment is centered around the design, manufacture, and sale of spoolable pipes and associated end fittings under the FlexSteel brand. These products are primarily utilized for the transportation of oil, gas, and other liquids, offering a flexible and durable solution for various applications within the energy sector. Similar to the Pressure Control segment, Spoolable Technologies provides field services and rental items through an extensive network of service centers and pipe yards, further expanding the company's reach and capability to serve its international client base.

Cactus, Inc. also offers a range of additional services, including repair and refurbishment of equipment, which helps in extending the lifespan of its products and reducing operational downtime for its clients. Founded in 2011 and headquartered in Houston, Texas, the company has established itself as a key player in the oil and gas equipment and services sector. With its common stock listed on the NYSE under the ticker WHD, Cactus, Inc. continues to focus on delivering innovative solutions and high-quality products to meet the evolving needs of the energy industry.