Cactus, Inc. (WHD)
NYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-11-05
$55.01-5.27%
Close 2026-11-05 · 1-day change
NYSEEnergyOil & Gas Equipment & ServicesSnapshot 2026-11-05
QuarterlyIQ Insights · WHD
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within energy on a research-validated quality screen. As of 2026-11-05.
The screen ranks WHD against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Energy names rated strong grew net income 55% of the time over the next year (vs 58% for the rest of the cohort, n=1774).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Customer demand for our Spoolable products continues to accelerate, and the previously announced expansion of our Baytown manufacturing facility coupled with the development in the Middle East is exp…
Stated in 4 of 4 supplied quarters. Management reported: “Customer demand for our Spoolable products continues to accelerate, and the previously announced expansion of our Baytown manufacturing facility coupled with the development in the Middle East is expected to provide the necessary capacity for several years of growth at what we believe are attractive returns.”” “Mr. Bender concluded, “This is a very exciting time for Cactus, and I am pleased to announce the Board's approval of the construction of a Spoolable Technologies manufacturing facility in the Middle East.” Revenue was $430.888 million in 2026-Q3.
“Customer demand for our Spoolable products continues to accelerate, and the previously announced expansion of our Baytown manufacturing facility coupled with the development in the Middle East is exp…”
“The higher range is due primarily to initial capacity investments in the Baytown Spoolable Technologies manufacturing facility to meet increased global demand.”
“Activity in our Spoolable Technologies segment should increase in the second quarter, as recent U.S. customer inquiries point toward continued momentum in the business, particularly for our higher di…”
“Major contributors to the spend include continued manufacturing efficiency investments at FlexSteel, routine U.S. branch facility upgrades, and Saudi Arabia wellhead facility investments.”
For the full year 2026, the Company expects its net capital expenditures to be approximately $65 million.
Stated in 4 of 4 supplied quarters. Management reported: “For the full year 2026, the Company expects its net capital expenditures to be approximately $65 million.” “For the full year 2026, the Company is increasing its expected capital expenditure range to $55 to $65 million.”
“For the full year 2026, the Company expects its net capital expenditures to be approximately $65 million.”
Quarterly Dividend The Board of Directors has approved a quarterly cash dividend of $0.15 per share of Class A common stock.
Stated in 4 of 4 supplied quarters. Management reported: “Quarterly Dividend The Board of Directors has approved a quarterly cash dividend of $0.15 per share of Class A common stock.” “I would like to thank all of our associates for continuing to focus on safely serving our customers and delivering results, which together support our long-term profitable growth and enable the consistent increase in our dividend.””
“Quarterly Dividend The Board of Directors has approved a quarterly cash dividend of $0.15 per share of Class A common stock.”
This facility, expected to commence operations in 2029, will offer a local footprint in a critically important long-term oil and gas region and further benefits from the rapidly expanding unconventio…
Stated in 2 of 4 supplied quarters. Management reported: “On January 1, 2026, we closed on the acquisition of a majority interest in Baker Hughes's Surface Pressure Control business, which we will refer to as Cactus International, supporting a multi-year journey to geographically diversify our earnings base.”” “This facility, expected to commence operations in 2029, will offer a local footprint in a critically important long-term oil and gas region and further benefits from the rapidly expanding unconventional market in the Middle East.”
Continue disciplined capital expenditure management with guidance updated to $55-$65 million for 2026 due to capacity investments.
Over the trailing year it converted 2.11x of net income into operating cash flow. Historically, Energy names rated neutral grew net income 40% of the time over the next year (vs 47% for the rest of the cohort, n=1310).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, long-term interest rates, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
12 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Energy names rated neutral grew net income 58% of the time over the next year (vs 57% for the rest of the cohort, n=2203).
Not investment advice. As of 2026-11-05.
“For the full year 2026, the Company is increasing its expected capital expenditure range to $55 to $65 million.”
“For the full year 2026, the Company still expects net capital expenditures to be in the range of $40 to $50 million.”
“For the full year 2026, the Company expects net capital expenditures to be in the range of $40 to $50 million inclusive of capital for the Cactus International business.”
“I would like to thank all of our associates for continuing to focus on safely serving our customers and delivering results, which together support our long-term profitable growth and enable the consi…”
““We anticipate that the U.S. land rig count will be flat to up in the second quarter, as our customer base maintains capital discipline despite dramatically higher commodity prices.”
“Our consistent performance and sustainable cash generation reflect the underlying attributes of the business.”
“This facility, expected to commence operations in 2029, will offer a local footprint in a critically important long-term oil and gas region and further benefits from the rapidly expanding unconventio…”
“On January 1, 2026, we closed on the acquisition of a majority interest in Baker Hughes's Surface Pressure Control business, which we will refer to as Cactus International, supporting a multi-year jo…”