Cactus Wellhead
Industrial Machinery & Equipment · Texas, United States · 51-200 Employees
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Overview
Headquarters
920 Memorial City Way Ste 300, Houston, ...Website
www.cactuswellhead.comRevenue
$7 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
1
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About Cactus Wellhead
Cactus Wellhead is a leading manufacturer of pressure control equipment for onshore and offshore oil and gas drilling, completion, and production operations. With over 50 years of experience, the company offers innovative products such as the Cactus SafeDrill Wellhead Systems and Flow Control Products, designed to enhance safety and efficiency. Their commitment to quality is supported by a robust quality management system and a focus on health, safety, and environmental standards. Cactus Wellhead serves clients in the oil and gas industry, providing reliable solutions and experienced service technicians.Explore more
Cactus Wellhead Org Chart
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Revenue
Number of Employees
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Funding
Founded In
Company Profile Activity
Activity Insights
Cactus Wellhead is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Cactus Wellhead is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Cactus Wellhead.
Most Recent Scoops
Pain Point
Cactus Wellhead is facing a total tariff burden of 75% on most goods imported from China, comprising 25% Section 301 and 50% Section 232 tariffs, with additional Section 301 tariffs of 10% to 12.5% recently introduced for 60 countries, while Q2 tariff refunds represented only approximately 15% of the total tariffs paid over the relevant period.
Finance, Tax
Project
Cactus Wellhead has announced that its Vietnamese manufacturing facility is expanding shipments to reduce its US tariff burden, with approximately 15% of total Pressure Control imports into the US expected to source from Vietnam in Q3, with that proportion expected to modestly increase thereafter.
Manufacturing Operations
Earnings
Cactus Wellhead has reported Spoolable Technologies segment revenues of $106 million for Q2, increasing 17.4% sequentially, with Adjusted EBITDA of $42.1 million, up 21.8% sequentially, and margins expanding 330 basis points on improved sales mix and operating leverage.
Earnings, Finance
Earnings
Cactus Wellhead has provided Q3 guidance for its Spoolable Technologies segment, expecting revenues to increase 15% to 20% sequentially, driven by accelerated shipments of Latin America orders and increased domestic activity, with incremental international orders of over $80 million received in July with planned shipments beginning in Q4 and extending through mid-next year.
Earnings, Forecasting, Finance
Project
Logistics / Supply Chain, Acquisitions
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Frequently Asked Questions Regarding Cactus Wellhead
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Cactus Wellhead is a leading manufacturer of pressure control equipment for onshore and offshore oil and gas drilling, completion, and production operations. With over 50 years of experience, the company offers innovative products such as the Cactus SafeDrill Wellhead Systems and Flow Control Products, designed to enhance safety and efficiency. The... Read More
