Who owns FlexSteel?
FlexSteel is owned by Cactus (the United States, NYSE: WHD), which has owned the brand since 28 February 2023.[1]
Evidence: Cactus, Inc. Annual Report on Form 10-K filed 2026-02-26, SEC EDGAR, 26 February 2026. Verified from filings; last checked .
Key facts
- Current owner
- Cactus, Inc. verified
- Owned since
- Owner HQ
- 🇺🇸 United States, Houston
- Origin
- 🇺🇸 United States
- Category
- Energy › Oil & gas › Oilfield services & drilling
- Parent ticker
- NYSE: WHD
- Last verified
- · 1 sources
About FlexSteel
FlexSteel is the spoolable pipe business Cactus bought on 28 February 2023 through the merger with HighRidge Resources, for total cash consideration of $658.6 million.
What Cactus's annual report says about FlexSteel
Sentences about FlexSteel from Cactus's latest annual filing[1], copied word for word.
FlexSteel Acquisition On February 28, 2023, we completed the acquisition of the FlexSteel business (the "Merger") through a merger with HighRidge Resources, Inc. and its subsidiaries ("HighRidge").
The purpose of the Merger was to effect the acquisition of the operations of FlexSteel Holdings, Inc. and its subsidiaries.
Spoolable Technologies The Spoolable Technologies segment designs, manufactures, and sells spoolable pipe and associated end fittings under the FlexSteel brand.
How often Cactus names FlexSteel in its annual report
A plain count of the times the name appears in the text of each annual report, not counting the start of a sentence. A brand that an owner writes about more is usually one it treats as central. The brand is named less often than it was three years earlier.
Ownership timeline of FlexSteel
Where FlexSteel sits in Cactus
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Cactus ownership tree →
See the full Cactus brand portfolio (2) →
Other brands owned by Cactus
Cactus controls 2 brands on Brandtree, 2 of them in energy.
Also in energy
Other brands in oilfield services & drilling, and who owns them
The 17 brands in oilfield services & drilling on Brandtree belong to 9 owners. The largest is Tenaris, with 4.
| Brand | Owner | Owner based in |
|---|---|---|
| Algoma Tubes | Tenaris | 🇱🇺 Luxembourg |
| BENTEC | Helmerich & Payne | 🇺🇸 United States |
| Bently Nevada | Baker Hughes | 🇺🇸 United States |
| Pintail Completions | RPC | 🇺🇸 United States |
| ChampionX | SLB | 🇺🇸 United States |
| Citadel Casing Solutions | Innovex | 🇺🇸 United States |
| Ulterra | Patterson-UTI | 🇺🇸 United States |
| PROPWR | ProPetro | 🇺🇸 United States |
About the owner: Cactus
Cactus is a publicly listed company headquartered in Houston, United States. Brandtree records 2 brands under its control, and it is listed as NYSE: WHD.
Cactus, Inc. designs, makes, sells and rents pressure control and spoolable pipe technologies, mainly for onshore unconventional wells. Its 2025 Form 10-K says it completed the FlexSteel acquisition on 28 February 2023 and on 1 January 2026 acquired 65 percent of Baker Hughes Pressure Control LLC, which holds Baker Hughes' former surface pressure control business.
🇺🇸 FlexSteel and other American brands
Brandtree records a controlling owner for 2,399 brands that began in the United States. 461 of them (19%) are now controlled by a company headquartered in another country; FlexSteel is not one of them.
- AES Ohio — AES 🇺🇸
- Agway Energy Services — Suburban Propane 🇺🇸
- Alabama Power — Southern Company 🇺🇸
- AmeriGas — UGI 🇺🇸
- American Transmission Company — WEC Energy Group 🇺🇸
- Arch Resources — Core Natural Resources 🇺🇸
Frequently asked questions
Who is the parent company of FlexSteel?
The parent company of FlexSteel is Cactus, a publicly listed company headquartered in the United States.
Is FlexSteel American?
Yes. FlexSteel originated in the United States and its owner, Cactus, is also headquartered in the United States.
Since when has Cactus owned FlexSteel?
Cactus has owned FlexSteel since 28 February 2023.
Is FlexSteel still owned by Cactus?
Yes. As of 11 October 2026, FlexSteel is still owned by Cactus. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Cactus, Inc. Annual Report on Form 10-K filed 2026-02-26 — SEC EDGAR, SEC Form 10-K, published 26 February 2026; retrieved 5 October 2026.
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