Recent Insider Transactions Derivative • Jun 03
President of North America notifies of intention to sell stock Mark Reddout intends to sell 11k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of June. If the sale is conducted around the recent share price of US$28.00, it would amount to US$301k. Since September 2025, Mark's direct individual holding has decreased from 149.41k shares to 145.06k. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Live News • May 16
Innovex International Gains Buy Ratings as Analysts Eye Offshore Growth and Sector Upswing Citi initiated coverage of Innovex International with a Buy rating and a US$35 price target, pointing to revenue and adjusted EBITDA that came in above the company’s own guidance and highlighting what it sees as lower cyclicality and strong free cash flow conversion relative to other oilfield service companies.
Citi also pointed to Innovex’s recent acquisition of DIS as a key addition to its production technologies offering and a way to deepen its position in the offshore U.S. market.
Barclays raised its price target on Innovex to US$26 from US$24 and kept an Equal Weight rating, tying its view to what it calls the best setup for energy services in 20 years and expecting the sector to benefit from a multi-year upstream spending cycle.
Taken together, the two research views suggest Innovex is on the radar as a potential beneficiary of both company-specific execution and a sector backdrop that some analysts view favorably.
Investors may want to focus on how well Innovex integrates DIS, maintains free cash flow generation and handles any swings in upstream spending tied to geopolitical developments. Reported Earnings • May 06
First quarter 2026 earnings released: US$0.24 loss per share (vs US$0.21 profit in 1Q 2025) First quarter 2026 results: US$0.24 loss per share (down from US$0.21 profit in 1Q 2025). Revenue: US$239.0m (flat on 1Q 2025). Net loss: US$16.7m (down 213% from profit in 1Q 2025). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Energy Services industry in the US. Announcement • May 06
Innovex International, Inc. Provides Earnings Guidance for the Second Quarter of 2026 Innovex International, Inc. provided earnings guidance for the second quarter of 2026. For the quarter, the company expects to generate $235 million - $245 million in total revenue. Guidance reflects their expectation for a marginally less favorable product mix in second quarter, as well as the potential for sales disruptions and higher costs associated with the ongoing conflict in the Middle East. Announcement • Apr 22
Innovex International, Inc. to Report Q1, 2026 Results on May 04, 2026 Innovex International, Inc. announced that they will report Q1, 2026 results After-Market on May 04, 2026 Announcement • Mar 30
Innovex International, Inc., Annual General Meeting, May 07, 2026 Innovex International, Inc., Annual General Meeting, May 07, 2026. Location: at 19120 kenswick drive, humble, tx 77338, United States Recent Insider Transactions Derivative • Feb 24
CEO & Director notifies of intention to sell stock Adam Anderson intends to sell 13k shares in the next 90 days after lodging an Intent To Sell Form on the 23rd of February. If the sale is conducted around the recent share price of US$27.00, it would amount to US$358k. For the year to December 2022, Adam's total compensation was 19% salary and 81% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Adam's direct individual holding has increased from 276.79k shares to 498.82k. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Announcement • Feb 24
Innovex International, Inc. Provides Earnings Guidance for the First Quarter of 2026 Innovex International, Inc. provided earnings guidance for the first quarter of 2026. For the quarter, the company expects to generate $225 million - $235 million in total revenue. The sequential revenue decrease is primarily due to lower subsea deliveries, reflecting normal seasonality as well as the earlier-than-anticipated execution of certain deliveries originally planned for the first quarter. Announcement • Feb 07
Innovex International, Inc. to Report Q4, 2025 Results on Feb 23, 2026 Innovex International, Inc. announced that they will report Q4, 2025 results After-Market on Feb 23, 2026 Recent Insider Transactions Derivative • Jan 15
President of North America notifies of intention to sell stock Mark Reddout intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of January. If the sale is conducted around the recent share price of US$25.00, it would amount to US$500k. Since March 2025, Mark's direct individual holding has increased from 94.60k shares to 149.44k. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Price Target Changed • Nov 14
Price target increased by 13% to US$20.33 Up from US$18.00, the current price target is an average from 3 analysts. New target price is 7.9% below last closing price of US$22.08. Stock is up 36% over the past year. The company posted earnings per share of US$2.82 last year. Announcement • Nov 11
Innovex International, Inc. Announces Resignation of Carri Lockhart, A Member of the Board of Directors and Chair of the Nominating and Governance Committee, Effective March 2, 2026 On November 5, 2025, Carri Lockhart, a member of the Board of Directors of Innovex International, Inc. and chair of the Nominating and Governance Committee thereof, notified the Board of her decision to resign from the Board, effective as of March 2, 2026. Ms. Lockhart is also a member of the Audit Committee of the Board. The decision by Ms. Lockhart to resign from the Board did not arise from any disagreement with the Company on any matters relating to the Company’s operations, policies or practices. Reported Earnings • Nov 04
Third quarter 2025 earnings released: EPS: US$0.57 (vs US$2.03 in 3Q 2024) Third quarter 2025 results: EPS: US$0.57 (down from US$2.03 in 3Q 2024). Revenue: US$240.0m (up 58% from 3Q 2024). Net income: US$39.2m (down 53% from 3Q 2024). Profit margin: 16% (down from 54% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Energy Services industry in the US. Announcement • Nov 04
Innovex International, Inc. Provides Earnings Guidance for the Fourth Quarter of 2025 Innovex International, Inc. provided earnings guidance for the fourth quarter of 2025. For the quarter, the company expects to generate $235 million - $245 million in total revenue. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$20.48, the stock trades at a trailing P/E ratio of 9.7x. Average forward P/E is 14x in the Energy Services industry in the US. Total returns to shareholders of 36% over the past year. Announcement • Oct 24
Innovex International, Inc. to Report Q3, 2025 Results on Nov 03, 2025 Innovex International, Inc. announced that they will report Q3, 2025 results After-Market on Nov 03, 2025 Reported Earnings • Aug 06
Second quarter 2025 earnings released: EPS: US$0.22 (vs US$0.62 in 2Q 2024) Second quarter 2025 results: EPS: US$0.22. Revenue: US$224.2m (up 72% from 2Q 2024). Net income: US$15.3m (up 61% from 2Q 2024). Profit margin: 6.8% (down from 7.3% in 2Q 2024). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Energy Services industry in the US. New Risk • Aug 06
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 20% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 20% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Announcement • Jul 29
Innovex International, Inc. to Report Q2, 2025 Results on Aug 05, 2025 Innovex International, Inc. announced that they will report Q2, 2025 results After-Market on Aug 05, 2025 Announcement • Jun 03
Innovex International, Inc. (NYSE:INVX) acquired Citadel Casing Solutions LLC for $70 million. Innovex International, Inc. (NYSE:INVX) acquired Citadel Casing Solutions LLC for $70 million on June 2, 2025. A cash consideration of $70 million will be paid by Innovex International, Inc. As part of consideration, $70 million is paid towards common equity of Citadel Casing Solutions LLC.
For the period ending March 31, 2025, Citadel Casing Solutions LLC reported total revenue of $70 million, net income of $14 million and EBITDA of $17 million.
Akin Gump Strauss Hauer & Feld LLP acted as legal advisor for Innovex International, Inc. Piper Sandler & Co. acted as financial advisor for Citadel Casing Solutions LLC. Troutman Pepper Locke LLP acted as legal advisor for Citadel Casing Solutions LLC.
Innovex International, Inc. (NYSE:INVX) completed the acquisition of Citadel Casing Solutions LLC on June 2, 2025. New Risk • Jun 02
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 18% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results. Reported Earnings • May 07
First quarter 2025 earnings released: EPS: US$0.21 (vs US$0.53 in 1Q 2024) First quarter 2025 results: EPS: US$0.21 (down from US$0.53 in 1Q 2024). Revenue: US$240.4m (up 88% from 1Q 2024). Net income: US$14.8m (down 10% from 1Q 2024). Profit margin: 6.1% (down from 13% in 1Q 2024). Announcement • Apr 26
Innovex International, Inc. to Report Q1, 2025 Results on May 06, 2025 Innovex International, Inc. announced that they will report Q1, 2025 results After-Market on May 06, 2025 Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to US$14.49, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 12x in the Energy Services industry in the US. Announcement • Mar 09
Innovex International, Inc. Announces Director Changes On March 3, 2025, the Board of Directors of Innovex International, Inc. appointed Mr. Will Donnell to serve as a Class II director, effective March 3, 2025, to fill the vacancy arising from the passing of Patrick Connelly. Mr. Donnell will hold the directorship until the Company’s 2026 annual meeting of stockholders and until his successor is duly elected and qualified, or until his earlier death, resignation or removal. Announcement • Mar 06
Innovex International, Inc., Annual General Meeting, May 14, 2025 Innovex International, Inc., Annual General Meeting, May 14, 2025. Reported Earnings • Feb 26
Full year 2024 earnings released: EPS: US$2.82 (vs US$4.81 in FY 2023) Full year 2024 results: EPS: US$2.82. Revenue: US$660.8m (up 19% from FY 2023). Net income: US$140.3m (up 90% from FY 2023). Profit margin: 21% (up from 13% in FY 2023). Announcement • Feb 25
Innovex International, Inc. to Report Q4, 2024 Results on Feb 25, 2025 Innovex International, Inc. announced that they will report Q4, 2024 results After-Market on Feb 25, 2025 Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$13.22, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Energy Services industry in the US. Announcement • Dec 02
Innovex International, Inc. (NYSE:INVX) acquired the remaining equity stake in Downhole Well Solutions LLC. Innovex International, Inc. (NYSE:INVX) acquired the remaining equity stake in Downhole Well Solutions LLC on December 2, 2024.
Innovex International, Inc. (NYSE:INVX) completed the acquisition of the remaining equity stake in Downhole Well Solutions LLC on December 2, 2024. Announcement • Nov 09
Innovex International, Inc. Provides Earnings Guidance for the Fourth Quarter of 2024 Innovex International, Inc. provided earnings guidance for the fourth quarter of 2024. For the quarter, the company expects to generate approximately $220 million to $230 million in total revenue. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$2.03 (vs US$0.50 in 3Q 2023) Third quarter 2024 results: EPS: US$2.03 (up from US$0.50 in 3Q 2023). Revenue: US$151.8m (up 9.2% from 3Q 2023). Net income: US$82.6m (up 438% from 3Q 2023). Profit margin: 54% (up from 11% in 3Q 2023). Announcement • Nov 02
Innovex International, Inc. to Report Q3, 2024 Results on Nov 07, 2024 Innovex International, Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 New Risk • Sep 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risk Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Board Change • Sep 11
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Ben Fink was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.