Cactus Q3 Earnings Call Highlights

Impact · against what's priced in

WHD is positive based on strong sequential growth in Spoolable Technologies and the strategic expansion into the Middle East. While Pressure Control faces sequential margin pressure due to the loss of tariff refunds, the overall trajectory is supported by a recovering international backlog and new midstream market access.

WHD+0.30

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In context

The company is diversifying its footprint with a $100 million Middle East facility for Spoolable Technologies and expanding its addressable market via PHMSA exemptions for midstream customers.

Read from the article alone

• earnings▲6%
• guidance
• supply chain
• infrastructure
• WHD
• latin america
• manufacturing
• middle east
• oil services