Michael McGovern - Cactus Independent Director

WHD Stock  USD 69.49  0.50  0.72%   

Director

Mr. Michael Y. McGovern is Independent Director of the Company. He currently serves as our Compensation Committee chairman. He served as Executive Advisor to Cadent Energy Partners from January 2008 to December 2014 and has served as Chairman and Chief Executive Officer of Sherwood Energy, LLC, a Cadent Energy Partners portfolio company, since March 2009. Mr. McGovern has also served as a director of GeoMet, Inc., an independent energy company, from September 2010 until December 2018. He also currently serves on the board of directors of Nuverra Environmental Solutions, Inc. since August 2017. Mr. McGovern served on the board of directors of Quicksilver Resources Inc. from March 2013 until August 2016 and of Probe Holdings, Inc. from February 2014 until July 2017. He has also served on the board of directors of Fibrant since May 2016. Mr. McGovern also served on the board of directors of Sonneborn, Inc. from 2012 to December 2016. We believe Mr. McGovern qualifications to serve on the Board include his 40 years of experience in the energy industry and his extensive executive leadership and management experience, including as Chief Executive Officer of several public companies. since 2011.
Age 68
Tenure 13 years
Address 920 Memorial City Way, Houston, TX, United States, 77024
Phone713 626 8800
Webhttps://www.cactuswhd.com

Michael McGovern Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael McGovern against Cactus stock is an integral part of due diligence when investing in Cactus. Michael McGovern insider activity provides valuable insight into whether Cactus is net buyers or sellers over its current business cycle. Note, Cactus insiders must abide by specific rules, including filing SEC forms every time they buy or sell Cactus'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Cactus Management Efficiency

The company has Return on Asset of 0.1303 % which means that on every $100 spent on assets, it made $0.1303 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2136 %, implying that it generated $0.2136 on every 100 dollars invested. Cactus' management efficiency ratios could be used to measure how well Cactus manages its routine affairs as well as how well it operates its assets and liabilities. At present, Cactus' Return On Equity is projected to increase slightly based on the last few years of reporting. At present, Cactus' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 217.3 M, whereas Other Current Assets are forecasted to decline to about 9 M.
Cactus Inc has 39.97 M in debt with debt to equity (D/E) ratio of 0.05, which may show that the company is not taking advantage of profits from borrowing. Cactus Inc has a current ratio of 5.13, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Cactus to invest in growth at high rates of return.

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Cactus, Inc. designs, manufactures, sells, and rents a range of wellheads and pressure control equipment in the United States, Australia, China, and the Kingdom of Saudi Arabia. Cactus, Inc. was founded in 2011 and is headquartered in Houston, Texas. Cactus Inc operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1000 people. Cactus Inc (WHD) is traded on New York Stock Exchange in USA. It is located in 920 Memorial City Way, Houston, TX, United States, 77024 and employs 1,600 people. Cactus is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Cactus Inc Leadership Team

Elected by the shareholders, the Cactus' board of directors comprises two types of representatives: Cactus inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cactus. The board's role is to monitor Cactus' management team and ensure that shareholders' interests are well served. Cactus' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cactus' outside directors are responsible for providing unbiased perspectives on the board's policies.
Donna Anderson, Chief Accounting Officer, Principal Accounting Officer
Melissa Law, Independent Director
Joel Bender, Chief Operating Officer, Senior Vice President, Director
Stephen Tadlock, Chief Financial Officer, Vice President, Treasurer
Tym Tombar, Independent Director
John Fitzgerald, Director Relations
Bruce Rothstein, Chairman of the Board
William JD, General VP
Jay Nutt, Executive CFO
Scott Bender, President, Chief Executive Officer, Director
Steven Bender, Vice President - Operations
Michael McGovern, Independent Director
Donna CPA, Chief Controller
David Isaac, Vice President - Administration, General Counsel, Secretary
Alan Keifer, Interim Officer
Alan Boyd, Director Relations
Brian Small, Senior Finance Director
John ODonnell, Independent Director
Gary Rosenthal, Independent Director
William Marsh, VP Counsel
Alan Semple, Independent Director
Dawn Smith, Vice Resources

Cactus Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cactus a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Cactus Inc is a strong investment it is important to analyze Cactus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cactus' future performance. For an informed investment choice regarding Cactus Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Cactus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cactus. If investors know Cactus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cactus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
0.49
Earnings Share
2.84
Revenue Per Share
17.195
Quarterly Revenue Growth
0.018
The market value of Cactus Inc is measured differently than its book value, which is the value of Cactus that is recorded on the company's balance sheet. Investors also form their own opinion of Cactus' value that differs from its market value or its book value, called intrinsic value, which is Cactus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cactus' market value can be influenced by many factors that don't directly affect Cactus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cactus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cactus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cactus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.