cactus wellhead, llc designs, manufactures and sells surface wellheads and christmas trees. in addition, the company maintains an inventory of frac trees and ancillary equipment for short-term rental, offers repair and refurbishment services, and provides service crews to assist in the implementation of pressure control systems at the wellhead. mission statement: guided by a relentless focus on customer service and the conviction that their resulting loyalty will maximize owner value, we will strive for operational excellence in all dealings with our clients, associates and suppliers. we will consistently outperform our peers by refusing to compromise on safety, honesty and professionalism.
Company profile
Ticker
WHD
Exchange
Website
CEO
Scott Bender
Employees
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Cactus, Inc. • Cactus Acquisitions LLC • Cactus Companies, LLC • Cactus Wellhead, LLC • Cactus Wellhead (Suzhou) Pressure Control Co., Ltd. • Cactus Wellhead Australia • Cactus Wellhead International • FlexSteel Holdings, LLC • FlexSteel Pipeline Technologies, LLC • FlexSteel USA, LLC ...
IRS number
352586106
WHD stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
2 May 24
8-K
Cactus Announces First Quarter 2024 Results
1 May 24
DEFA14A
Additional proxy soliciting materials
28 Mar 24
DEF 14A
Definitive proxy
28 Mar 24
8-K
Regulation FD Disclosure
18 Mar 24
PRE 14A
Preliminary proxy
15 Mar 24
8-K
Departure of Directors or Certain Officers
8 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Cactus Announces Fourth Quarter and Full Year 2023 Results
28 Feb 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
Transcripts
WHD
Earnings call transcript
2024 Q1
2 May 24
WHD
Earnings call transcript
2023 Q4
29 Feb 24
WHD
Earnings call transcript
2023 Q3
9 Nov 23
WHD
Earnings call transcript
2023 Q2
8 Aug 23
WHD
Earnings call transcript
2023 Q2
8 Aug 23
WHD
Earnings call transcript
2023 Q1
9 May 23
WHD
Earnings call transcript
2022 Q4
23 Feb 23
WHD
Earnings call transcript
2022 Q3
7 Nov 22
WHD
Earnings call transcript
2022 Q2
6 Aug 22
WHD
Earnings call transcript
2022 Q1
7 May 22
Latest ownership filings
4
WILLIAM D MARSH
9 May 24
4
Change in insider ownership
9 May 24
4
Joel Bender
9 May 24
4
Scott Bender
9 May 24
144
Notice of proposed sale of securities
9 May 24
144
Notice of proposed sale of securities
7 May 24
144
Notice of proposed sale of securities
16 Apr 24
4
Joel Bender
8 Apr 24
4
Change in insider ownership
8 Apr 24
4
Scott Bender
8 Apr 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 63.74 mm | 63.74 mm | 63.74 mm | 63.74 mm | 63.74 mm | 63.74 mm |
Cash burn (monthly) | 57.33 k | 21.41 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 422.34 k | 157.69 mm | n/a | n/a | n/a | n/a |
Cash remaining | 63.32 mm | -93.95 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 1104.3 | -4.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
98.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 189 |
Opened positions | 30 |
Closed positions | 86 |
Increased positions | 64 |
Reduced positions | 73 |
13F shares | Current |
---|---|
Total value | 2.02 tn |
Total shares | 65.01 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Cactus WH Enterprises | 13.34 mm | $0.00 |
Vanguard | 6.52 mm | $295.95 bn |
FMR | 5.41 mm | $245.61 bn |
American Century Companies | 2.86 mm | $129.73 bn |
BK Bank Of New York Mellon | 2.43 mm | $110.11 bn |
T. Rowe Price Investment Management | 2.14 mm | $0.00 |
Clearbridge Advisors | 2.07 mm | $93.80 bn |
Boston Trust Walden | 1.94 mm | $88.13 bn |
JPM JPMorgan Chase & Co. | 1.93 mm | $87.81 bn |
Wellington Management | 1.89 mm | $85.62 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 May 24 | William D Marsh | Class A Common Stock | Sell | Dispose S | No | No | 51.03 | 2,059 | 105.07 k | 1,852 |
9 May 24 | Bender Joel | Class A Common Stock | Sell | Dispose S | No | No | 51.098 | 358,458 | 18.32 mm | 156,586 |
9 May 24 | Bender Scott | Class A Common Stock | Sell | Dispose S | No | No | 51.098 | 358,458 | 18.32 mm | 41,776 |
8 May 24 | Bender Joel | Class A Common Stock | Sell | Dispose S | No | No | 51.01 | 39,957 | 2.04 mm | 515,044 |
8 May 24 | Bender Scott | Class A Common Stock | Sell | Dispose S | No | No | 51.01 | 39,957 | 2.04 mm | 400,234 |
7 May 24 | Cactus WH Enterprises | Class B Common Stock | Other | Dispose J | No | No | 0 | 600,000 | 0.00 | 11,781,444 |
7 May 24 | Cactus WH Enterprises | Units Class A Common Stock | Other | Dispose J | No | No | 0 | 600,000 | 0.00 | 11,781,444 |
7 May 24 | Bender Joel | Class A Common Stock | Sell | Dispose S | No | No | 52.03 | 201,585 | 10.49 mm | 555,001 |
7 May 24 | Bender Joel | Class A Common Stock | Other | Acquire J | No | No | 0 | 600,000 | 0.00 | 756,586 |
7 May 24 | Bender Joel | Class B Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 600,000 | 0.00 | 11,781,444 |
News
Barclays Maintains Overweight on Cactus, Raises Price Target to $56
6 May 24
Benchmark Reiterates Hold on Cactus
6 May 24
Cactus Q1 2024 Adj EPS $0.75 Beats $0.70 Estimate, Sales $274.123M Beat $270.651M Estimate
1 May 24
B of A Securities Maintains Underperform on Cactus, Raises Price Target to $43
15 Apr 24
Cactus Anticipates Q1'2024 US Land Activity Levels To Be Approximately Flat Q/Q
28 Feb 24