Cactus Amends Credit Facility for $100 Million Loan
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Cactus ( (WHD) ) just unveiled an announcement.
On December 1, 2025, Cactus Companies, a subsidiary of Cactus Inc., amended its ABL Credit Facility to establish a delayed draw term loan facility with a principal amount of up to $100 million. This amendment allows Cactus Companies to make two draws within six months for financing the acquisition of interests in Baker Hughes Pressure Control LLC and other related uses. The facility’s maturity is set for three years after the first loan funding, with interest options and a requirement for quarterly repayments starting April 2026. The amendment also extended the maturity date for revolving loans to December 1, 2030, and expanded collateral to include certain equipment and intellectual property.
The most recent analyst rating on (WHD) stock is a Buy with a $50.00 price target. To see the full list of analyst forecasts on Cactus stock, see the WHD Stock Forecast page.
Spark’s Take on WHD Stock
According to Spark, TipRanks’ AI Analyst, WHD is a Outperform.
Cactus demonstrates strong financial health with a solid balance sheet and profitability, which are the most significant factors supporting its score. The technical analysis and valuation suggest a fair market position, though mixed signals in market momentum and valuation metrics warrant caution. The earnings call highlights resilience in international markets but also underscores challenges with tariffs and revenue declines.
To see Spark’s full report on WHD stock, click here.
More about Cactus
Average Trading Volume: 717,265
Technical Sentiment Signal: Sell
Current Market Cap: $3.46B
For a thorough assessment of WHD stock, go to TipRanks’ Stock Analysis page.
