Cactus is a holding company. Through its subsidiaries, Co. is primarily engaged in the design, manufacture and sale of wellhead and pressure control equipment. In addition, Co. maintains a fleet of frac valves and ancillary equipment for short-term rental. Co.'s 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. Co. also provides field services for all of its products and rental items to assist with the installation, maintenance and handling of the wellhead and pressure control equipment as well as provides repair and refurbishment services. The WHD stock yearly return is shown above.
The yearly return on the WHD stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2021 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the WHD annual return calculation with any dividends reinvested as applicable (on ex-dates).
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