Cactus Inc (WHD)
Cactus, Inc. (WHD) is a leading provider of wellhead and pressure control equipment, specializing in innovative solutions for the unconventional oil and gas market. Headquartered in Houston, Texas, the company designs, manufactures, and leases a diverse range of products that enhance drilling efficiency and safety. With a strong commitment to technological advancements and operational excellence, Cactus positions itself as a key player in the energy sector, catering to both domestic and international customers. The company's strategic focus on sustainability further solidifies its reputation in the industry, making it an attractive investment for institutional stakeholders.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 36.97% per annum.
- WHD price at the close of October 17, 2025 was $36.61 and was inside the primary price channel.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 5.17% per annum.
- WHD price at the close of October 17, 2025 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of WHD price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: July 25, 2024
End date: October 17, 2025
a = 5.9324
b = -0.0013
s = 0.1069
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0013) – 1
= -36.97%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1069) – 1
= 53.34%
July 25, 2024 calculations
Top border of price channel:
Exp(Y946)
= Exp(a + b × X946 + 2 × s)
= Exp(a + b × 1,375 + 2 × s)
= Exp(5.9324 + -0.0013 × 1,375 + 2 × 0.1069)
= Exp(4.4075)
= $82.06
Bottom border of price channel:
Exp(Y946)
= Exp(a + b × X946 – 2 × s)
= Exp(a + b × 1,375 – 2 × s)
= Exp(5.9324 + -0.0013 × 1,375 – 2 × 0.1069)
= Exp(3.9800)
= $53.52
October 17, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(5.9324 + -0.0013 × 1,824 + 2 × 0.1069)
= Exp(3.8398)
= $46.51
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(5.9324 + -0.0013 × 1,824 – 2 × 0.1069)
= Exp(3.4123)
= $30.33
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 36.97% per annum.
- WHD price at the close of October 17, 2025 was $36.61 and was inside the primary price channel.
Secondary Trend
Start date: April 3, 2025
End date: October 17, 2025
a = 3.9657
b = -0.0001
s = 0.0791
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0001) – 1
= -5.17%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0791) – 1
= 37.22%
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,119)
= Exp(a + b × X1,119 + 2 × s)
= Exp(a + b × 1,627 + 2 × s)
= Exp(3.9657 + -0.0001 × 1,627 + 2 × 0.0791)
= Exp(3.8872)
= $48.78
Bottom border of price channel:
Exp(Y1,119)
= Exp(a + b × X1,119 – 2 × s)
= Exp(a + b × 1,627 – 2 × s)
= Exp(3.9657 + -0.0001 × 1,627 – 2 × 0.0791)
= Exp(3.5709)
= $35.55
October 17, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,824 + 2 × s)
= Exp(3.9657 + -0.0001 × 1,824 + 2 × 0.0791)
= Exp(3.8586)
= $47.40
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,824 – 2 × s)
= Exp(3.9657 + -0.0001 × 1,824 – 2 × 0.0791)
= Exp(3.5422)
= $34.54
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 5.17% per annum.
- WHD price at the close of October 17, 2025 was inside the secondary price channel.