Investor Presentaiton
Market Leader with Strong Market Share
Historical U.S. Onshore Market Share(1)
Cactus Rigs Followed
(1)
Market Share
61
110
169
211
272
270
34.8%
29.5%
26.9%
19.9%
24.8%
10
99
14.4%
145
G
41.8%
193
9.4%
6.4%
15
0.8%
3.4%
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
U.S.
Onshore
Rigs
1,931
1,814
1,699
1,800
755
495
853
1,011
918
417
463
Significant U.S. Market Share Gains
1)
Source: Baker Hughes Rig Count Data, as published on the Friday on or immediately preceding the 15th day of each month presented, and Cactus analysis.
Represents the number of active U.S. onshore rigs Cactus followed divided by the total number of active U.S. onshore rigs. Data represents the average number of active U.S. onshore rigs Cactus followed (which Cactus defines as the number of active U.S.
onshore drilling rigs to which it was the primary provider of wellhead products and corresponding services during drilling) as of mid-month for each referenced period divided by the Baker Hughes U.S. onshore rig count during the corresponding period. 2011
represents December 2011 figures as of the middle of the month. 2012-2016 represents the average of mid-month June and December rig counts. 2017-2021 represents the average mid-month figure for Cactus for each month of the year and the annual Baker
Hughes average for the U.S. onshore rig count. The number of active U.S. onshore rigs Cactus followed represents the approximate number of active U.S. onshore drilling rigs to which Cactus was the primary provider of wellhead products and corresponding
services during drilling, as of mid-month. Cactus believes that comparing the total number of active U.S. onshore rigs to which it is providing its products and services at a given time to the total number of active U.S. onshore rigs on or about such time provides
Cactus with a reasonable approximation of its market share with respect to its wellhead products sold and the corresponding services it provides.
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