Cactus Inc acquired Baker Hughes's surface pressure control business on August 1, 2025.
2 reports, 2 independent
Updated Aug 1
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Cactus Inc acquired Baker Hughes's surface pressure control business on August 1, 2025.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Cactus Inc acquired Baker Hughes's surface pressure control business.1 source
Cactus Inc. signed agreement to acquire 65% interest in Baker Hughes's surface pressure control business.1 source
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The entities involved
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Cactus Inc.
Manufacturer of petroleum well equiment; public company
Nothing else this week.
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Baker Hughes
energy technology company
Coverage
Newest first; wire copies grouped- GuruFocus.comCactus Inc (WHD) Q2 2025 Earnings Call Highlights: Navigating Challenges with Strategic Moves Revenue: $274 million, a sequential decline of 2.4%. Adjusted EBITDA: $87 million, down 7.6% sequentially
- Business WireCactus Announces Second Quarter 2025 Results HOUSTON, July 30, 2025--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) ("Cactus" or the "Company") today announced financial and operating results for the seco