Cactus, Inc. designs, manufactures, sells, and rents a range of wellheads and pressure control equipment in the United States. The company's principal products include Cactus SafeDrill wellhead systems, Cactus SafeLink monobore, SafeClamp, and SafeInject systems, as well as frac stacks, zipper manifolds, and production trees. It also provides mission-critical field services, such as 24-hour service crews to assist with the installation, maintenance, repair, and safe handling of the wellhead and pressure control equipment; and repair and refurbishment services. The company sells or rents its products for onshore unconventional oil and gas wells that are utilized during the drilling, completion, and production phases of its customers' wells. It operates 14 service centers in the United States, as well as 3 service centers in Eastern Australia. Cactus, Inc. was founded in 2011 and is headquartered in Houston, Texas.
IPO Year: 2018
Exchange: NYSE
Website: cactuswhd.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/4/2025 | $54.00 | Equal Weight → Overweight | Barclays |
| 11/4/2024 | $61.00 | Overweight → Equal Weight | Barclays |
| 7/10/2024 | $48.00 → $52.00 | Neutral | Citigroup |
| 5/31/2024 | Buy → Accumulate | Johnson Rice | |
| 1/16/2024 | Buy → Hold | The Benchmark Company | |
| 10/17/2023 | $48.00 → $60.00 | Equal Weight → Overweight | Barclays |
| 10/16/2023 | $46.00 → $47.00 | Neutral → Underperform | BofA Securities |
| 9/13/2023 | $60.00 | Neutral | JP Morgan |
| 1/19/2023 | $70.00 | Buy | The Benchmark Company |
| 10/6/2022 | $52.00 → $48.00 | Overweight → Equal Weight | Barclays |