Top Holding at 10%: Why a Nearly $60 Million Move Into This Oilfield Stock Stands Out

1 hour ago 1

Jonathan Ponciano, The Motley Fool

Wed, March 18, 2026 astatine 11:46 AM CDT 4 min read

Webs Creek Capital Management disclosed a caller involvement successful Cactus (NYSE:WHD) successful its SEC filing dated February 17, 2026, acquiring an estimated $57.73 cardinal presumption based connected quarter-end pricing.

According to its SEC filing dated February 17, 2026, Webs Creek Capital Management added a caller presumption successful Cactus, purchasing 1,263,873 shares during the 4th quarter. The quarter-end worth of the involvement registered astatine $57.73 million.

This is simply a caller presumption for the money and represents 10.33% of its reportable assets nether absorption arsenic of the filing, making it Webs Creek’s largest reported holding astatine period’s end.
Top holdings aft the filing:
- NYSE:WHD: $57.73 cardinal (10.3% of AUM)
- NYSE:AR: $51.83 cardinal (9.3% of AUM)
- NYSE:OVV: $51.07 cardinal (9.1% of AUM)
- NASDAQ:WFRD: $49.30 cardinal (8.8% of AUM)
- NYSE:MTZ: $43.88 cardinal (7.9% of AUM)
As of Wednesday, shares of Cactus were priced astatine $46.41, astir level implicit the past twelvemonth compared to a 19% summation for the S&P 500.

Metric

Value

Price (as of Wednesday)	$46.41
Market Capitalization	$3.2 billion
Revenue (TTM)	$1.08 billion
Net Income (TTM)	$166.01 million

Cactus designs, manufactures, sells, and rents wellheads and unit power equipment, including proprietary SafeDrill systems, monobore and manifold solutions, and provides tract services for installation, maintenance, and repair.
The steadfast generates gross done instrumentality sales, rentals, and recurring work contracts chiefly supporting onshore unconventional lipid and state wells crossed drilling, completion, and accumulation phases.
It serves lipid and state operators successful the United States, Australia, China, and Saudi Arabia, with a absorption connected clients engaged successful unconventional assets development.

Cactus operates astatine standard successful the vigor sector, leveraging proprietary exertion and a service-oriented exemplary to enactment lipid and state improvement globally. The company’s integrated offering of instrumentality and tract services enables operators to amended operational ratio and safety. With a beardown beingness successful cardinal unconventional markets and a absorption connected innovation, Cactus maintains a competitory presumption among oilfield instrumentality and work providers.

Cactus sits successful a antithetic portion of the worth concatenation than astir of the fund’s different apical holdings, which thin heavy toward exploration and accumulation firms (E&Ps). Instead of taking nonstop vulnerability to lipid prices, this concern monetizes drilling enactment itself, which tends to clasp up amended erstwhile operators enactment disciplined but inactive request to support production.

The latest results amusement wherefore that matters. The institution generated $261 cardinal successful quarterly gross with operating income adjacent $60 cardinal and an adjusted EBITDA borderline of astir 33%. Net income, meanwhile, came successful astatine $48 million, translating to an 18.5% margin.

Still, determination are signs of moderation, and that whitethorn beryllium what’s depressing the banal terms arsenic of late. Full-year gross declined to astir $1.08 cardinal from $1.13 billion, and margins person compressed somewhat from anterior peaks. But the caller acquisition of Baker Hughes’ aboveground unit power concern could assistance reaccelerate growth, and that’s thing semipermanent investors should beryllium paying attraction to.

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