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Cactus, Inc. Enters Joint Venture with Baker Hughes and Approves RSU Grant

Jan 05, 2026

Contract Type

joint_venture

HoustonManufacturingEnergyOil And GasSoftwareinformation technology & services

Description

On December 30, 2025, Cactus, Inc. announced the closing of a joint venture called Cactus International with Baker Hughes. In conjunction with this event, the Compensation Committee approved a one-time grant of restricted stock units to certain executive officers, effective January 1, 2026. The grant values and vesting periods were outlined in the provided documentation

Company Information

Company

Cactus

Location

3333 Beverly Road

Houston, Texas, United States

About

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 throughout the United States and Australia, while also providing equipment and services in select international markets.

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