WHD news

Latest 4 stories · newest Oct 28, 2026

WHD
Cactus reports Q3 2026 results, cash position & dividend

Cactus reported Q3 2026 revenue of $430.9 million and adjusted net income of $78.0 million, highlighting strong performance and a $0.15 per share cash dividend.

WHD
Cactus expands global presence with Baker Hughes surface pressure control business

Cactus acquired a 65% interest in Baker Hughes Pressure Control LLC to add Surface Pressure Control capabilities. This strategic acquisition is anticipated to enhance product offering and revenue growth.

WHD
Cactus Q2 26 revenue up 16% to $449.5M

Cactus reported Q2 2026 revenue of $449.5 million and announced a dividend increase and board expansion in July. The company posted strong second-quarter results with net income margin of 13.7%.

WHD
Cactus, Inc. amends credit agreement to modify delayed draw term loan terms

Cactus Companies, LLC executed a fourth amendment to its credit agreement with JPMorgan Chase Bank effective May 29, 2026, revising definitions for delayed draw term loan provisions. The amendment adjusts amortization payment dates and establishes a delayed draw term loan cap at 85% of appraised mac…

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