Cactus Drilling to release earnings report

Cactus, Inc., a Texas company with extensive drilling operations in Oklahoma’s STACK and SCOOP plays plans to release its earnings report in a few weeks.

The Houston company says it will issue the fourth quarter and full-year 2018 report after the close of markets on Wednesday, March 6.

The company’s management will hold a conference call the next day, Thursday, March 7 at 9 a.m. Central Time.

Cactus reported third quarter 2018 earnings of $150.7 million, an increase of 8.7% from the second quarter of 2018. It also reported a growth in income from operations more than 12% to $52.1 million. It also increased adjusted earnings to $61.3 million.

 

 

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