Cactus WHD
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Cactus (WHD) Business Model and Operations Summary
Cactus Inc is engaged in the designing, manufacturing, and sale of wellheads and pressure control equipment. Its principal products include Cactus SafeDrill wellhead systems, conventional wellheads, and production valves among others. The company also provides mission-critical field services, including service crews to assist with the installation, maintenance, and safe handling of the wellhead and pressure control equipment, as well as repair services for equipment that it sells or rents. It sells or rents its products principally for onshore unconventional oil and gas wells that are utilized during the drilling, completion (including fracturing), and production. The company has two operating segments; Pressure Control, which generates key revenue and Spoolable Technologies.
Key Insights
Cactus (WHD) Core Market Data and Business Metrics
Latest Closing Price
$46.33Market Cap
$3.16 BillionTotal Outstanding Shares
68.15 Million SharesTotal Employees
1,600Dividend
$0.13 Per Share QuarterlyIPO Date
February 8, 2018SIC Description
Oil & Gas Field Machinery & EquipmentPrimary Exchange
New York Stock ExchangeHeadquarters
920 Memorial City Way, Houston, TX, 77024
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities | $-33.60 Million |
| Net Cash Flow From Operating Activities, Continuing | $341.20 Million |
| Net Cash Flow, Continuing | $237.79 Million |
| Net Cash Flow | $239.64 Million |
| Net Cash Flow From Operating Activities | $341.20 Million |
| Net Cash Flow From Investing Activities, Continuing | $-33.60 Million |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Income Tax Expense/Benefit | $64.99 Million |
| Net Income/Loss Attributable To Noncontrolling Interest | $49.72 Million |
| Costs And Expenses | $830.18 Million |
| Operating Income/Loss | $297.71 Million |
| Benefits Costs and Expenses | $830.18 Million |
| Income/Loss From Continuing Operations Before Tax | $302.37 Million |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $238.58 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $50.00 Million |
| Other Comprehensive Income/Loss | $1.19 Million |
| Comprehensive Income/Loss Attributable To Parent | $188.57 Million |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Assets | $1.68 Billion |
| Liabilities | $469.44 Million |
| Equity Attributable To Parent | $1.00 Billion |
| Intangible Assets | $167.99 Million |
| Noncurrent Assets | $951.52 Million |
| Equity | $1.21 Billion |
Historical Dividends
Current dividend: $0.13 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 21, 2025 | Mar 20, 2025 | Mar 3, 2025 | $0.13 | Quarterly |
| Oct 30, 2024 | Dec 19, 2024 | Dec 2, 2024 | $0.13 | Quarterly |
| Jul 31, 2024 | Sep 12, 2024 | Aug 26, 2024 | $0.13 | Quarterly |
| May 1, 2024 | Jun 13, 2024 | May 28, 2024 | $0.12 | Quarterly |
| Jan 23, 2024 | Mar 14, 2024 | Feb 26, 2024 | $0.12 | Quarterly |
| Nov 8, 2023 | Dec 14, 2023 | Nov 27, 2023 | $0.12 | Quarterly |