Articles from Cactus, Inc.
Cactus Announces Quarterly Cash Dividend
Cactus, Inc. (NYSEWHD) (“Cactus”) today announced that its Board of Directors approved the payment of a quarterly cash dividend of $0.13 per share of Class A common stock with payment to occur on March 20, 2025 to holders of record of Class A common stock at the close of business on March 3, 2025. A corresponding distribution of up to $0.13 per CC Unit has also been approved for holders of CC Units of Cactus Companies, LLC.
By Cactus, Inc. · Via Business Wire · January 21, 2025
Cactus Announces Third Quarter 2024 Results
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced financial and operating results for the third quarter of 2024.
By Cactus, Inc. · Via Business Wire · October 30, 2024
Cactus Announces Timing of Third Quarter 2024 Earnings Release and Conference Call
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced that it will issue its third quarter 2024 earnings release after market close on Wednesday, October 30, 2024. The Company will host a conference call to discuss financial and operational results on Thursday, October 31, 2024 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
By Cactus, Inc. · Via Business Wire · October 15, 2024
Cactus Announces Second Quarter 2024 Results
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced financial and operating results for the second quarter of 2024.
By Cactus, Inc. · Via Business Wire · July 31, 2024
Cactus Announces Timing of Second Quarter 2024 Earnings Release and Conference Call
Cactus, Inc. (NYSEWHD) (“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 Thursday, August 1, 2024 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
By Cactus, Inc. · Via Business Wire · July 16, 2024
Cactus Announces Appointment of Jay Nutt as Chief Financial Officer
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced the Board of Directors has appointed Jay Nutt as Executive Vice President, Chief Financial Officer and Treasurer, effective June 3, 2024.
By Cactus, Inc. · Via Business Wire · May 28, 2024
Cactus Announces First Quarter 2024 Results
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced financial and operating results for the first quarter of 2024.
By Cactus, Inc. · Via Business Wire · May 1, 2024
Cactus Announces Timing of First Quarter 2024 Earnings Release and Conference Call
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced that it will issue its first quarter 2024 earnings release after market close on Wednesday, May 1, 2024. The Company will host a conference call to discuss financial and operational results on Thursday, May 2, 2024 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
By Cactus, Inc. · Via Business Wire · April 15, 2024
Cactus Announces Fourth Quarter and Full Year 2023 Results
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced financial and operating results for the fourth quarter and full year of 2023.
By Cactus, Inc. · Via Business Wire · February 28, 2024
Cactus Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced that it will issue its fourth quarter and full year 2023 earnings release after market close on Wednesday, February 28, 2024. The Company will host a conference call to discuss financial and operational results on Thursday, February 29, 2024 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
By Cactus, Inc. · Via Business Wire · February 1, 2024
Cactus Announces Quarterly Cash Dividend
Cactus, Inc. (NYSEWHD) (“Cactus”) today announced that its Board of Directors approved the payment of a quarterly cash dividend of $0.12 per share of Class A common stock with payment to occur on March 14, 2024 to holders of record of Class A common stock at the close of business on February 26, 2024. A corresponding distribution of up to $0.12 per CC Unit has also been approved for holders of CC Units of Cactus Companies, LLC.
By Cactus, Inc. · Via Business Wire · January 23, 2024
Cactus Announces Third Quarter 2023 Results
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced financial and operating results for the third quarter of 2023.
By Cactus, Inc. · Via Business Wire · November 8, 2023
Cactus Announces Executive Leadership Transition
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced the Board of Directors has appointed Stephen Tadlock, currently Executive Vice President and Chief Financial Officer of Cactus, as the CEO of the Spoolable Technologies segment (“FlexSteel”).
By Cactus, Inc. · Via Business Wire · October 18, 2023
Cactus Announces Timing of Third Quarter 2023 Earnings Release and Conference Call
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced that it will issue its third quarter 2023 earnings release after market close on Wednesday, November 8, 2023. The Company will host a conference call to discuss financial and operational results on Thursday, November 9, 2023 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
By Cactus, Inc. · Via Business Wire · October 10, 2023
Cactus Announces Second Quarter 2023 Results
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced financial and operating results for the second quarter of 2023.
By Cactus, Inc. · Via Business Wire · August 7, 2023
Cactus Announces Timing of Second Quarter 2023 Earnings Release and Conference Call
Cactus, Inc. (NYSEWHD) (“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 Tuesday, August 8, 2023 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
By Cactus, Inc. · Via Business Wire · July 13, 2023
Cactus Announces $150 Million Stock Repurchase Program
Cactus, Inc. (NYSEWHD) (“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 purchase price of up to $150 million in open market transactions or block trades, in privately negotiated transactions, through the use of trading plans or any other method permitted under U.S. securities laws, rules and regulations. The Company intends to utilize Rule 10b-18 and one or more Rule 10b5-1 trading plans in connection with the repurchases.
By Cactus, Inc. · Via Business Wire · June 7, 2023
Cactus Announces First Quarter 2023 Results
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced financial and operating results for the first quarter of 2023.
By Cactus, Inc. · Via Business Wire · May 9, 2023
Cactus Announces Timing of First Quarter 2023 Earnings Release and Conference Call
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced that it will issue its first quarter 2023 earnings release before market open on Tuesday, May 9, 2023. The Company will host a conference call to discuss financial and operational results on Tuesday, May 9, 2023 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
By Cactus, Inc. · Via Business Wire · April 17, 2023
Cactus Completes Previously Announced Acquisition of FlexSteel
Cactus, Inc. (NYSEWHD) and its affiliates (“Cactus” or the “Company”) today announced the completion of the acquisition of FlexSteel Holdings, Inc. and certain of its affiliates (“FlexSteel”).
By Cactus, Inc. · Via Business Wire · March 1, 2023
Cactus Announces Fourth Quarter and Full Year 2022 Results
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced financial and operating results for the fourth quarter and full year 2022.
By Cactus, Inc. · Via Business Wire · February 22, 2023
Cactus Announces Expiration of Hart-Scott-Rodino Waiting Period for the Pending FlexSteel Transaction
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR"), with respect to the previously announced agreement to acquire FlexSteel Technologies Holdings, Inc. and its affiliates through a merger with its holding company, HighRidge Resources, Inc. (“FlexSteel”) and Atlas Merger Sub, LLC, a newly formed subsidiary of Cactus, Inc.
By Cactus, Inc. · Via Business Wire · February 7, 2023
Cactus Announces Timing of Fourth Quarter and Full Year 2022 Earnings Release and Conference Call
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced that it will issue its fourth quarter and full year 2022 earnings release after market close on Wednesday, February 22, 2023. The Company will host a conference call to discuss financial and operational results on Thursday, February 23, 2023 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
By Cactus, Inc. · Via Business Wire · February 3, 2023
Cactus Announces Quarterly Cash Dividend
Cactus, Inc. (NYSEWHD) (“Cactus”) today announced that its Board of Directors approved the payment of a quarterly cash dividend of $0.11 per share of Class A common stock with payment to occur on March 16, 2023 to holders of record of Class A common stock at the close of business on February 27, 2023. A corresponding distribution of up to $0.11 per CW Unit has also been approved for holders of CW Units of Cactus Wellhead, LLC.
By Cactus, Inc. · Via Business Wire · January 17, 2023
Cactus Prices Upsized Public Offering of Common Stock
Cactus, Inc. (NYSEWHD) (“Cactus”) announced today the pricing of an underwritten offering (the “Offering”) of 2,803,739 shares of its Class A common stock (“common stock”) for total gross proceeds of approximately $150 million. Cactus has granted the underwriters an option to purchase up to an additional 420,561 shares of common stock at the public offering price, less the underwriting discounts and commissions. The Offering is expected to close on January 13, 2023, subject to customary closing conditions.
By Cactus, Inc. · Via Business Wire · January 10, 2023
Cactus Announces Public Offering of Common Stock
Cactus, Inc. (NYSEWHD) (“Cactus”) announced today the commencement of an underwritten offering (the “Offering”) of $125,000,000 of its Class A common stock (“common stock”). Cactus intends to offer the underwriters an option to purchase up to $18,750,000 of additional shares of common stock at the public offering price, less underwriting discounts and commissions.
By Cactus, Inc. · Via Business Wire · January 10, 2023
Cactus Announces Agreement to Acquire FlexSteel
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) announced today that it has entered into a definitive agreement (the “Agreement”) to acquire FlexSteel Technologies Holdings, Inc. and its affiliates through a merger with its holding company, HighRidge Resources, Inc. (“FlexSteel”) and Atlas Merger Sub, LLC, a newly formed subsidiary of Cactus, Inc. FlexSteel is a market-leading manufacturer of spoolable pipe technologies primarily purchased by customers during the production phases of a well’s lifecycle.
By Cactus, Inc. · Via Business Wire · January 3, 2023
Cactus Announces Third Quarter 2022 Results
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced financial and operating results for the third quarter of 2022.
By Cactus, Inc. · Via Business Wire · November 7, 2022
Cactus Announces Timing of Third Quarter 2022 Earnings Release and Conference Call
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced that it will issue its third quarter 2022 earnings release before market open on Monday, November 7, 2022. The Company will host a conference call to discuss financial and operational results on Monday, November 7, 2022 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
By Cactus, Inc. · Via Business Wire · October 20, 2022
Cactus Announces Second Quarter 2022 Results
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced financial and operating results for the second quarter of 2022.
By Cactus, Inc. · Via Business Wire · August 4, 2022
Cactus Announces Timing of Second Quarter 2022 Earnings Release and Conference Call
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced that it will issue its second quarter 2022 earnings release before market open on Thursday, August 4, 2022. The Company will host a conference call to discuss financial and operational results on Thursday, August 4, 2022 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
By Cactus, Inc. · Via Business Wire · July 19, 2022
Cactus Announces First Quarter 2022 Results
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced financial and operating results for the first quarter of 2022.
By Cactus, Inc. · Via Business Wire · May 4, 2022
Cactus Announces Timing of First Quarter 2022 Earnings Release and Conference Call
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced that it will issue its first quarter 2022 earnings release after market close on Wednesday, May 4, 2022. The Company will host a conference call to discuss financial and operational results on Thursday, May 5, 2022 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
By Cactus, Inc. · Via Business Wire · April 13, 2022
Cactus Announces Fourth Quarter and Full Year 2021 Results
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced financial and operating results for the fourth quarter and full year 2021.
By Cactus, Inc. · Via Business Wire · February 28, 2022
Cactus Announces Timing of Fourth Quarter and Full Year 2021 Earnings Release and Conference Call
Cactus, Inc. (NYSEWHD) (“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 operational results on Monday, February 28, 2022 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
By Cactus, Inc. · Via Business Wire · February 4, 2022
Cactus Announces Quarterly Cash Dividend Increase
Cactus, Inc. (NYSEWHD) (“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 of business on February 28, 2022. A corresponding distribution of up to $0.11 per CW Unit has also been approved for holders of CW Units of Cactus Wellhead, LLC.
By Cactus, Inc. · Via Business Wire · January 27, 2022
Cactus Announces Third Quarter 2021 Results
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced financial and operating results for the third quarter of 2021.
By Cactus, Inc. · Via Business Wire · November 3, 2021
Cactus Announces Timing of Third Quarter 2021 Earnings Release and Conference Call
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced that it will issue its third quarter 2021 earnings release after market close on Wednesday, November 3, 2021. The Company will host a conference call to discuss financial and operational results on Thursday, November 4, 2021 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
By Cactus, Inc. · Via Business Wire · October 14, 2021
Cactus and NESR Announce Collaboration in the Middle East
Cactus, Inc. (“Cactus”) (NYSEWHD), a leading provider of wellhead and pressure control equipment, and National Energy Services Reunited Corp. (“NESR”) NASDAQ: NESRNASDAQNESR)(NASDAQ: NESRWNASDAQNESRW, a national, industry-leading provider of integrated energy services in the Middle East and North Africa (“MENA”) region, announced that they have entered into an agreement to provide and deploy Cactus frac rental equipment in the Middle East, as well as other initiatives in the key markets.
By Cactus, Inc. · Via Business Wire · September 7, 2021
Cactus Announces Second Quarter 2021 Results and Quarterly Cash Dividend Increase
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced financial and operating results for the second quarter of 2021 and an increase to its quarterly cash dividend.
By Cactus, Inc. · Via Business Wire · July 28, 2021
Cactus Announces Timing of Second Quarter 2021 Earnings Release and Conference Call
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced that it will issue its second quarter 2021 earnings release after market close on Wednesday, July 28, 2021. The Company will host a conference call to discuss financial and operational results on Thursday, July 29, 2021 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
By Cactus, Inc. · Via Business Wire · July 12, 2021
Cactus Announces Cadent Energy Partners’ Intention to Redeem CW Units and Distribute Shares
Representatives of Cadent Energy Partners II, L.P. (“Cadent”) have informed Cactus, Inc. (the “Company,” “Cactus,” “we,” and “our”) that Cadent will transfer units representing limited liability company interests (“CW Units”) in Cactus Wellhead, LLC, together with the same number of shares of the Company’s Class B common stock, to various Cadent-affiliated entities (the “Cadent Transfer”).
By Cactus, Inc. · Via Business Wire · June 16, 2021
Cactus Announces New Appointment to Board of Directors
Cactus, Inc. (NYSEWHD) (“Cactus”) today announced that Mr. Tym Tombar has been appointed to the Company’s Board of Directors (the “Board”) and will serve on its audit committee and compensation committee, effective July 1, 2021. Mr. Tombar is a Co-Founder of Arcadius Capital Partners (“Arcadius”) and its predecessor, SW Capital Partners. Arcadius is an energy private equity firm that provides growth capital to start-ups and early-stage companies in the upstream oil and gas industry. Prior to co-founding Arcadius, he was a Managing Director and co-head of Scotiabank’s Energy Private Equity group. Previously, Mr. Tombar also held various positions at Goldman, Sachs & Co, including leading deal teams through the sourcing, execution and management of primary market energy investments in securities and loans and working within the investment banking division. With the addition of Mr. Tombar, the Board is now composed of nine members, including six independent directors.
By Cactus, Inc. · Via Business Wire · June 10, 2021
Cactus Announces First Quarter 2021 Results
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced financial and operating results for the first quarter of 2021.
By Cactus, Inc. · Via Business Wire · May 5, 2021
Cactus Announces Timing of First Quarter 2021 Earnings Release and Conference Call
Cactus, Inc. (NYSEWHD) (“Cactus” or the “Company”) today announced that it will issue its first quarter 2021 earnings release after market close on Wednesday, May 5, 2021. The Company will host a conference call to discuss financial and operational results on Thursday, May 6, 2021 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
By Cactus, Inc. · Via Business Wire · April 13, 2021