Michael McGovern Biography and Net Worth

Director of Cactus


Mr. McGovern has served as one of our directors since 2011. He currently serves as our Compensation Committee chairman. He served as Executive Advisor to Cadent Energy Partners from January 2008 to December 2014 and has served as Chairman and Chief Executive Officer of Sherwood Energy, LLC, a Cadent Energy Partners portfolio company, since March 2009. Mr. McGovern has also served as a director of GeoMet, Inc., an independent energy company, from September 2010 until December 2018. He also currently serves on the board of directors of Nuverra Environmental Solutions, Inc. since August 2017 and Ion Geophysical (NYSE: IO) since June 2019. Mr. McGovern served on the board of directors of Quicksilver Resources Inc. from March 2013 until August 2016 and of Probe Holdings, Inc. from February 2014 until July 2017. He has also served on the board of directors of Fibrant (f/k/a DSM Caprolactam) from May 2016 to June 2019. Mr. McGovern also served on the board of directors of Sonneborn, Inc. from 2012 to December 2016. Mr. McGovern graduated from the Centenary College of Louisiana in 1973 with a Bachelor of Science in Business. We believe Mr. McGovern’s qualifications to serve on our board of directors include his 40 years of experience in the energy industry and his extensive executive leadership and management experience, including as Chief Executive Officer of several public companies.

What is Michael Y. McGovern's net worth?

The estimated net worth of Michael Y. McGovern is at least $914,523.75 as of May 18th, 2022. Mr. McGovern owns 18,375 shares of Cactus stock worth more than $914,524 as of March 28th. This net worth evaluation does not reflect any other investments that Mr. McGovern may own. Learn More about Michael Y. McGovern's net worth.

How do I contact Michael Y. McGovern?

The corporate mailing address for Mr. McGovern and other Cactus executives is 920 MEMORIAL CITY WAY SUITE 300, HOUSTON TX, 77024. Cactus can also be reached via phone at (713) 626-8800 and via email at [email protected]. Learn More on Michael Y. McGovern's contact information.

Has Michael Y. McGovern been buying or selling shares of Cactus?

Michael Y. McGovern has not been actively trading shares of Cactus in the last ninety days. Most recently, Michael Y. Mcgovern sold 9,925 shares of the business's stock in a transaction on Wednesday, May 18th. The shares were sold at an average price of $46.71, for a transaction totalling $463,596.75. Following the completion of the sale, the director now directly owns 18,375 shares of the company's stock, valued at $858,296.25. Learn More on Michael Y. McGovern's trading history.

Who are Cactus' active insiders?

Cactus' insider roster includes Donna Anderson (CAO), Joel Bender (COO), Scott Bender (CEO), Steven Bender (VP), David Isaac (VP), William Marsh (VP), Michael McGovern (Director), John O'Donnell (Director), Gary Rosenthal (Director), and Stephen Tadlock (CFO). Learn More on Cactus' active insiders.

Are insiders buying or selling shares of Cactus?

During the last twelve months, insiders at the sold shares 8 times. They sold a total of 380,491 shares worth more than $20,264,874.53. The most recent insider tranaction occured on March, 11th when EVP William D Marsh sold 1,700 shares worth more than $78,540.00. Insiders at Cactus own 17.7% of the company. Learn More about insider trades at Cactus.

Information on this page was last updated on 3/11/2024.

Michael Y. McGovern Insider Trading History at Cactus

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/18/2022Sell9,925$46.71$463,596.7518,375View SEC Filing Icon  
3/12/2021Sell35,000$30.55$1,069,250.0021,018View SEC Filing Icon  
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Michael Y. McGovern Buying and Selling Activity at Cactus

This chart shows Michael Y Mcgovern's buying and selling at Cactus by year and by quarter.

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Cactus Company Overview

Cactus logo
Cactus, Inc., together with its subsidiaries, designs, manufactures, sells, and leases pressure control and spoolable pipes in the United States, Australia, Canada, the Middle East, and internationally. It operates through two segments, Pressure Control and Spoolable Technologies. The Pressure Control segment designs, manufactures, sells, and rents a range of wellhead and pressure control equipment under the Cactus Wellhead brand name through service centers. Its products are sold and rented primarily for onshore unconventional oil and gas wells for drilling, completion, and production phases of the wells. This segment also provides field services to install, maintain, and handle the equipment. The Spoolable Technologies segment designs, manufactures, and sells spoolable pipes and associated end fittings under the FlexSteel brand name. Its products are primarily used to transport oil, gas, and other liquids. This segment also provides field services and rental items through service centers and pipe yards, as well as offers equipment and services internationally. In addition, the company offers repair and refurbishment services. Cactus, Inc. was founded in 2011 and is headquartered in Houston, Texas.
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Today's Range

Now: $49.77
Low: $49.42
High: $50.08

50 Day Range

MA: $44.83
Low: $38.45
High: $49.80

2 Week Range

Now: $49.77
Low: $31.36
High: $57.00

Volume

560,213 shs

Average Volume

630,621 shs

Market Capitalization

$3.95 billion

P/E Ratio

19.52

Dividend Yield

0.97%

Beta

1.95