Spring Valley II's 15min chart sees MACD Death Cross, KDJ Death Cross.

Friday, Oct 17, 2025 9:57 am ET1min read
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In the 15-minute chart for Spring Valley II, a MACD Death Cross and KDJ Death Cross were triggered on October 17, 2025, at 09:45. This signals that the stock price has the potential to continue declining, with a momentum shift towards the downside that could lead to further decreases.

Cactus Inc. (WHD), a leading designer and manufacturer of wellheads and pressure control systems for onshore oil and gas operations, has released its third quarter 2025 earnings report. The company reported revenue of $273.6 million and net income of $49.0 million for the period, achieving an adjusted EBITDA of $86.7 million with a 31.7% margin .

Key developments in the report include a 5.5% revenue decline in the Pressure Control segment due to lower rental revenues and reduced activity levels, while Spoolable Technologies revenue increased by 3.9% sequentially. The company maintains a strong financial position with $405.2 million in cash and no bank debt, generating operating cash flow of $82.8 million for the quarter.

In addition to its financial results, Cactus announced a strategic acquisition of a 65% controlling interest in Baker Hughes' Surface Pressure Control Business (SPC) for $344.5 million, representing a total enterprise value of $530 million . The acquisition will significantly transform Cactus' geographic footprint, with approximately 85% of SPC revenues generated in the Middle East. The deal includes a $600+ million product and aftermarket service backlog as of December 31, 2024. The transaction will be structured as a Joint Venture, with Baker Hughes retaining 35% ownership. Cactus plans to fund the acquisition using cash on hand ($348 million as of March 31, 2025) and its undrawn $225 million revolving credit facility. The deal is expected to close in the second half of 2025, with Cactus having the right to purchase the remaining 35% interest after two years.

Looking ahead, Cactus will release its third quarter 2025 earnings after market close on Wednesday, October 29, 2025, and hold a conference call to discuss financial and operational results on Thursday, October 30, 2025, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). Investors can access the webcast through the company's website at www.CactusWHD.com and view coverage on StockTitan.

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