Press Release: Cactus Announces Quarterly Cash Dividend

Dow Jones

01-22

Cactus Announces Quarterly Cash Dividend

HOUSTON--(BUSINESS WIRE)--January 21, 2025--

Cactus, Inc. $(WHD)$ ("Cactus") today announced that its Board of Directors approved the payment of a quarterly cash dividend of $0.13 per share of Class A common stock with payment to occur on March 20, 2025 to holders of record of Class A common stock at the close of business on March 3, 2025. A corresponding distribution of up to $0.13 per CC Unit has also been approved for holders of CC Units of Cactus Companies, LLC.

Declarations of any dividends in the future, and the amount of any such dividends, are subject to approval by Cactus' Board of Directors.

About Cactus, Inc.

Cactus designs, manufactures, sells or rents a range of highly engineered pressure control and spoolable pipe technologies. 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 its products and rental items to assist with the installation, maintenance and handling of the equipment. Cactus operates service centers throughout North America and Australia, while also providing equipment and services in select international markets.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250121091767/en/

 
    CONTACT:    Cactus, Inc.

Alan Boyd, 713-904-4669

Director of Corporate Development and Investor Relations

IR@CactusWHD.com

(END) Dow Jones Newswires

January 21, 2025 17:00 ET (22:00 GMT)

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A corresponding distribution of up to $0.13 per CC Unit has also been approved for holders of CC Units of Cactus Companies, LLC. \n</p>\n<p>\n     Declarations of any dividends in the future, and the amount of any such dividends, are subject to approval by Cactus' Board of Directors. \n</p>\n<p>\n     About Cactus, Inc. \n</p>\n<p>\n     Cactus designs, manufactures, sells or rents a range of highly engineered pressure control and spoolable pipe technologies. 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 its products and rental items to assist with the installation, maintenance and handling of the equipment. 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A corresponding distribution of up to $0.13 per CC Unit has also been approved for holders of CC Units of Cactus Companies, LLC. \n</p>\n<p>\n     Declarations of any dividends in the future, and the amount of any such dividends, are subject to approval by Cactus' Board of Directors. \n</p>\n<p>\n     About Cactus, Inc. \n</p>\n<p>\n     Cactus designs, manufactures, sells or rents a range of highly engineered pressure control and spoolable pipe technologies. 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 its products and rental items to assist with the installation, maintenance and handling of the equipment. Cactus operates service centers throughout North America and Australia, while also providing equipment and services in select international markets. \n</p>\n<p>\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20250121091767/en/ \n</p>\n<pre>\n \n    CONTACT:    Cactus, Inc. \n</pre>\n<p>\n     Alan Boyd, 713-904-4669 \n</p>\n<p>\n     Director of Corporate Development and Investor Relations \n</p>\n<p>\n     IR@CactusWHD.com \n</p>\n<pre>\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 21, 2025 17:00 ET (22:00 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4179","symbol_name":"石油天然气设备与服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2505780450","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2505780450","pubTimestamp":1737496800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Cactus, Inc.   today announced that its Board of Directors approved the payment of a quarterly cash dividend of $0.13 per share of Class A common stock with payment to occur on March 20, 2025 to holders of record of Class A common stock at the close of business on March 3, 2025. 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A corresponding distribution of up to $0.13 per CC Unit has also been approved for holders of CC Units of Cactus Companies, LLC. \n\n\n     Declarations of any dividends in the future, and the amount of any such dividends, are subject to approval by Cactus' Board of Directors. \n\n\n     About Cactus, Inc. \n\n\n     Cactus designs, manufactures, sells or rents a range of highly engineered pressure control and spoolable pipe technologies. 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 its products and rental items to assist with the installation, maintenance and handling of the equipment. Cactus operates service centers throughout North America and Australia, while also providing equipment and services in select international markets. \n\n\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20250121091767/en/ \n\n\n \n    CONTACT:    Cactus, Inc. \n\n\n     Alan Boyd, 713-904-4669 \n\n\n     Director of Corporate Development and Investor Relations \n\n\n     IR@CactusWHD.com \n\n\n \n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 21, 2025 17:00 ET (22:00 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}