Financial Performance and Strategic Outlook

Favorable Macro Trends Benefit Cactus Improving Activity Environment ■Recovery in energy demand driving. increased need for oil & gas production ■Industry underinvestment in 2020 and 2021 driving potential multi-year growth in rig and well counts ■■U.S. land rig count forecasted to grow by as much as 50% in 2022 Average Active U.S. Onshore Rigs (1) 460 419 811 700 2020A 2021A 2022E 2023E 2022E U.S. Frac Jobs (1) 1. 2,425 3,218 3,105 2,891 Total U.S. Onshore Wells Drilled(1) 12,898 21,683 19,284 16,794 1Q22E 2Q22E 3Q22E 4Q22E 2020A 2021A 2022E 2023E Source: Spears and Associates. 10 10

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