Feed / WHD

Cactus, Inc.

WHD

Energy · 69.59 +1.1% today

Partial group confirmationMarket checked 21 Aug, 15:55 GMT-4

Jodie situation report

Cactus, Inc.'s move is being confirmed by its market group.

WHD accounts for 2.5% of the group's measured movement across 4.6 effective names. raw member direction is mixed; 5 of 9 SPY-adjusted paths align to the downside. Capital-flow agreement is 8%, so confirmation is not yet clean. No verified headline preceded the measured group move.

MOVE ANATOMY

Is this move genuinely shared?

SPY-adjusted 5m paths
Role in the moveCounter-move#7 of 9 by movement share
Group movement share2.5%Absolute path energy—not portfolio weight
Relative path+0.18%counter
Effective breadth4.6 / 9balanced
Relative alignment5/9downside path · 2 counter-moving
Capital-flow agreement8%not yet clean
SEQUENCE READ

OII, FTI, NOV moved materially before WHD. WHD crossed its material path threshold at 14:10 ET, 210 minutes after the first measured mover. NESR followed.

EVIDENCE COVERAGE

5 of 9 members in Oil & Gas Services are active. 0 of 8 disclosed connections are confirming.

What would change this read
  • At least 6 of 9 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as ITW begins moving with the group.

Invalidation: The live read weakens if participation falls to 3 of 9 members or fewer.

Watch this read

Who this business touches

The relationships behind WHD

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

BKRBaker Hughes CompanypartnerMay 8, 2026

The expenses in both quarters include similar levels of expenses for professional fees associated with the Baker Hughes Transaction.

FLXSFiling-linked nameinvesteeMay 8, 2026

On February 28, 2023, Cactus acquired FlexSteel, which grew from its founding in 2003 to its current status as a leading provider of spoolable pipe technologies, primarily to the U.S.

Depended on by

BKRBaker Hughes CompanypartnerApr 24, 2026

The Company also received $0.2 billion from the formation of a joint venture with a subsidiary of Cactus, Inc.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

WHD is currently a Early Follower in the organic co-movement group Oil & Gas Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.