Innovex International has surged 31% YTD, outperforming the S&P 500 and XLE, yet remains reasonably valued with strong growth prospects. INVX's acquisition of Citadel enhances its product portfolio and is expected to be 8% accretive to EPS, supporting international expansion and resilience to oil price declines. A pristine balance sheet with net cash and no net debt strengthens INVX's ability t...
HOUSTON--(BUSINESS WIRE)--Innovex International, Inc. (NYSE: INVX) (“Innovex”), a leading provider of products and technologies to the oil and gas industry, is pleased to announce that it has completed the divestment of its Subsea Tree product line to Trendsetter Engineering, Inc (“Trendsetter”) in an all-cash transaction. The non-core product line had generated less than 1% of Innovex combined...
HOUSTON--(BUSINESS WIRE)--Innovex expands platform with acquisition of Citadel Casing Solutions.
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