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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.