-

Cactus Announces New Appointment to Board of Directors

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus”) today announced that Mr. Tym Tombar has been appointed to the Company’s Board of Directors (the “Board”) and will serve on its audit committee and compensation committee, effective July 1, 2021. Mr. Tombar is a Co-Founder of Arcadius Capital Partners (“Arcadius”) and its predecessor, SW Capital Partners. Arcadius is an energy private equity firm that provides growth capital to start-ups and early-stage companies in the upstream oil and gas industry. Prior to co-founding Arcadius, he was a Managing Director and co-head of Scotiabank’s Energy Private Equity group. Previously, Mr. Tombar also held various positions at Goldman, Sachs & Co, including leading deal teams through the sourcing, execution and management of primary market energy investments in securities and loans and working within the investment banking division. With the addition of Mr. Tombar, the Board is now composed of nine members, including six independent directors.

Scott Bender, President and CEO of Cactus, stated, “We are pleased to welcome Mr. Tombar as an independent director. His leadership experience in the energy and investment fields make him an ideal addition to our Board. We believe the Board of Directors will greatly benefit from his expertise.”

About Cactus, Inc.

Cactus designs, manufactures, sells and rents a range of highly engineered wellhead and pressure control equipment. Its products are sold and rented principally for onshore unconventional oil and gas wells and are utilized during the drilling, completion and production phases of its customers’ wells. In addition, it provides field services for all its products and rental items to assist with the installation, maintenance and handling of the wellhead and pressure control equipment. Cactus operates service centers in the United States, which are strategically located in the key oil and gas producing regions, including the Permian, SCOOP/STACK, Marcellus, Utica, Haynesville, Eagle Ford and Bakken, among other areas, and in Eastern Australia.

Contacts

Cactus, Inc.
John Fitzgerald, 713-904-4655
Director of Corporate Development and Investor Relations
IR@CactusWHD.com

Industry:

Cactus, Inc.

NYSE:WHD
Release Versions
English

Contacts

Cactus, Inc.
John Fitzgerald, 713-904-4655
Director of Corporate Development and Investor Relations
IR@CactusWHD.com

More News From Cactus, Inc.

Cactus Announces Timing of Fourth Quarter and Full Year 2025 Earnings Release and Conference Call and Quarterly Cash Dividend

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that it will issue its fourth quarter and full year 2025 earnings release after market close on Wednesday, February 25, 2026. The Company will host a conference call to discuss financial and operational results on Thursday, February 26, 2026 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). The call will be webcast on Cactus’ website at www.CactusWHD.com. Please access the webcast at least 10 minut...

Cactus Completes Previously Announced Acquisition of 65% Controlling Interest in Baker Hughes’s Surface Pressure Control Business

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced the completion of the acquisition of a majority interest in Baker Hughes Company’s Surface Pressure Control business (“SPC” or “the Business”). Formal financial guidance for the Business will be provided later in the first quarter of 2026. Scott Bender, Chairman and CEO of Cactus, commented, “I am excited to welcome the talented SPC team to the Cactus organization. This transaction is transformational...

Cactus Announces Third Quarter 2025 Results

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the third quarter of 2025. Third Quarter Highlights Revenue of $264.0 million and operating income of $61.2 million; Net income of $50.2 million and diluted earnings per Class A share of $0.60; Adjusted net income(1) of $53.7 million and diluted earnings per share, as adjusted(1) of $0.67; Net income margin of 19.0% and adjusted net income margin(1) of 20.4%; Adjust...
Back to Newsroom