Cactus

General Information
Business:

We design, manufacture, sell and rent a range of highly-engineered wellheads and pressure control equipment. Our products are sold and rented principally for onshore unconventional oil and gas wells and are utilized during the drilling, completion (including fracturing) and production phases of our customers’ wells. Our principal products include our Cactus SafeDrill™ wellhead systems, frac stacks, zipper manifolds and production trees that we design and manufacture. Every oil and gas well requires a wellhead, which is installed at the onset of the drilling process and which remains with the well through its entire productive life. The Cactus SafeDrill™ wellhead systems employ technology traditionally associated with deepwater applications, which allows technicians to land and secure casing strings safely from the rig floor without the need to descend into the well cellar.

Industry: OIL & GAS FILED MACHINERY & EQUIPMENT
Employees: 880
Founded: 2011
Contact Information
Address Cobalt Center, 920 Memorial City Way, Suite 300, Houston, TX 77024, US
Phone Number (713) 626-8800.
Web Address http://www.cactuswellhead.com
View Prospectus: Cactus
Financial Information
Market Cap $1422.9mil
Revenues $286.0 mil (last 12 months)
Net Income $45.1 mil (last 12 months)
IPO Profile
Symbol WHD
Exchange NYSE
Shares (millions): 23.0
Price range $19.00 - $19.00
Est. $ Volume $437.0 mil
Manager / Joint Managers Citigroup/ Credit Suisse
CO-Managers Simmons & Company International (Energy Specialists of Piper Jaffray)/ J.P. Morgan/ BofA Merrill Lynch/ Tudor, Pickering, Holt & Barclays/ RBC Capital Markets/ Raymond James/ Scotia Howard Weil
Expected To Trade: 2/8/2018
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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