- Investing.com
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. The company operates in two segments: Pressure Control and Spoolable Technologies. The Pressure Control segment designs, manufactures, sells, and rents a range of wellheads 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 for pressure control equipment. Cactus, Inc. was founded in 2011 and is headquartered in Houston, Texas.
Financial Outlook | Analyst price targets range from $39 to $56, suggesting upside potential despite recent challenges. Strong balance sheet with more cash than debt bolsters position |
Market Dynamics | Cactus navigates uncertain U.S. onshore sector outlook for 2025, with historical ability to gain market share during downturns providing potential resilience |
Middle East Expansion | Acquisition of Baker Hughes' Surface Pressure Control business diversifies portfolio, potentially contributing over 30% of pro-forma revenue from the Middle East |
Tariff Turbulence | Cactus faces challenges as doubled Section 232 tariffs impact profitability, leading to missed EBITDA estimates and downward guidance for Q4 2025 |
Metrics to compare | WHD | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipWHDPeersSector | |
|---|---|---|---|---|
P/E Ratio | 21.9x | 31.2x | 7.0x | |
PEG Ratio | −1.68 | −0.60 | 0.00 | |
Price / Book | 3.4x | 2.2x | 1.1x | |
Price / LTM Sales | 3.9x | 1.4x | 1.5x | |
Upside (Analyst Target) | 12.0% | 8.0% | 18.5% | |
Fair Value Upside | Unlock | −2.9% | 6.0% | Unlock |