Feed / INVX

Innovex International, Inc.

INVX

Energy · 29.70 -0.3% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:55 GMT-4

Market read

Innovex International, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 7 directly disclosed connections are confirming.

Company-0.3% todayVolume comparison unavailable
Market group0 of 1 activeWell Completion Tools · unavailable
Disclosed network0 of 7 confirmingNo filing-linked name is confirming now
What would change this read
  • INVX's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if INVX's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Energy · Oil & Gas Equipment & Services

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 7 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • INVX's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 11, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations319
Usable filing statements124
Verified relationships7
Evidence supporting the case
  • Latest annual revenue changed +48.0% year over year.
  • Operating margin changed +6.1 percentage points in the latest annual period.
  • Operating cash flow covered net income at 2.29x in the latest annual period.
Evidence challenging the case
  • Net margin changed -12.7 percentage points in the latest annual period.
  • Diluted shares increased 37.0% in the latest annual period.
  • Credit and interest rates has repeated adverse evidence across 4 filings.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 10, 2026

29.70
6m+12.7%12m+78.5%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$322.4M-3.6%$-3.63+0.2%
2022-12-31$467.2M+44.9%$2.01-11.0%
2023-12-31$555.5M+18.9%$2.29+2.8%
2024-12-31$660.8M+18.9%$2.77
2025-12-31$978.3M+48.0%$1.20+37.0%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesmixed · 4 filings
The debt issuance cost attributable to the Revolving Credit Facility as of March 31, 2026 was $ 1.1 million and is classified as Other long-term assets in our Condensed Consolidated Balance Sheets at March 31, 2026 .
10-Q · May 5, 2026
Demand and volumenegative · 4 filings
The pace of development activity is driven by expected well profitability and returns, which, in turn, are influenced by several factors, including current global oil and natural gas supply and demand balances, current and expected future prices for oil and n…
10-Q · May 5, 2026
Energy and commodity pricesmixed · 4 filings
We expect that the growing energy demands of data centers, driven by the prevalence of Artificial Intelligence, will continue to contribute to the consumption of natural gas for power generation.
10-Q · May 5, 2026
Foreign exchangenegative · 4 filings
The change was primarily due to the net change in our foreign currency exchange gains (losses).
10-Q · May 5, 2026

Valuation discipline

Peer-relative valuation withheld

Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

29.70-0.3% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for INVX. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for INVX. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind INVX

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

OXYOccidental Petroleum CorporationcustomerFeb 24, 2026

and Shell; leading independent E&P operators such as Occidental Petroleum and Woodside Energy; and multinational oilfield service companies such as Schlumberger and Baker Hughes.

PBRPetróleo Brasileiro S.A. - PetrobrascustomerFeb 24, 2026

Our to p ten customer list includes: NOCs such as Saudi Aramco (our largest end-user in 2025) and Kuwait Oil Company; IOCs such as Petrobras, Chevron, BP and Shell; leading independent E&P operators such as Occidental Petroleum and Woodside Energy; and multin…

CETIFiling-linked namepartnerFeb 24, 2026

Cyber partners are a key part of our cybersecurity infrastructure.

Filing peers

No filing peers are available for this name yet.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 4 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

INVX is currently a Leader in the organic co-movement group Well Completion Tools. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for INVX; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.