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 news
Latest 4 stories · newest Oct 28, 2026
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.
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%.
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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