Latest news with #CactusInc
Yahoo
5 days ago
- Business
- Yahoo
Baker Hughes (BKR), Cactus Subsidiary Launch Joint Venture to Expand Global SPC Reach
Baker Hughes Company (NASDAQ:BKR) is one of Goldman Sachs' top energy stock picks. On June 2, 2025, BKR announced a joint venture with a subsidiary of Cactus, Inc. (NYSE:WHD), contributing to its Surface Pressure Control (SPC) product line. The Cactus subsidiary will lead operations with a 65% stake, while Baker Hughes retains 35%. Operating independently from Cactus' existing pressure control business, the new venture aims to grow its presence in global wellhead and production system markets. The deal supports Baker Hughes' portfolio optimization strategy and is expected to close in the second half of 2025, pending regulatory approvals. 'This transaction marks an important step in our ongoing portfolio optimization strategy, enabling us to sharpen our focus on core growth areas while continuing to drive higher returns, reinforcing our commitment to long-term value for our shareholders,' said Baker Hughes Chairman and CEO Lorenzo Simonelli. Baker Hughes Company (NASDAQ:BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. It offers a wide range of products and services, including drilling equipment, subsea systems, and industrial power generation solutions. While we acknowledge the potential of BKR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best AI Stocks to Buy According to Billionaire David Tepper and 10 Stocks Analysts Are Upgrading Today. Disclosure: None.
Yahoo
14-05-2025
- Business
- Yahoo
NFG vs. WHD: Which Stock Should Value Investors Buy Now?
Investors interested in Oil and Gas - Integrated - United States stocks are likely familiar with National Fuel Gas (NFG) and Cactus, Inc. (WHD). But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits. National Fuel Gas and Cactus, Inc. are sporting Zacks Ranks of #2 (Buy) and #4 (Sell), respectively, right now. Investors should feel comfortable knowing that NFG likely has seen a stronger improvement to its earnings outlook than WHD has recently. But this is just one piece of the puzzle for value investors. Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels. Our Value category grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use. NFG currently has a forward P/E ratio of 12.01, while WHD has a forward P/E of 14.86. We also note that NFG has a PEG ratio of 0.59. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. WHD currently has a PEG ratio of 5.09. Another notable valuation metric for NFG is its P/B ratio of 2.63. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, WHD has a P/B of 2.69. These are just a few of the metrics contributing to NFG's Value grade of B and WHD's Value grade of D. NFG is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that NFG is likely the superior value option right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report National Fuel Gas Company (NFG) : Free Stock Analysis Report Cactus, Inc. (WHD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
