Seaport Global Securities initiated coverage of Dril-Quip with a rating of Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/14/2022 | $38.00 → $35.00 | Buy → Hold | Tudor, Pickering, Holt & Co. |
| 11/3/2021 | $26.00 → $21.00 | Underweight | Barclays |
| 7/15/2021 | Neutral | Seaport Global Securities |
HOUSTON, TX / ACCESSWIRE / November 7, 2024 / Innovex International, Inc. (NYSE:INVX) ("Innovex," "we" or the "Company") today announced financial and operating results for the third quarter of 2024.Third Quarter HighlightsClosed transformative merger between Innovex Downhole Solutions, Inc. and former Dril-Quip, Inc., positioning the combined business for long-term successRevenue of $152 million, up 17% quarter over quarterNet Income1 of $83 million, up 766% quarter over quarter, and Net Income Margin of 54%Diluted earnings per share of $1.99Adjusted EBITDA2 of $27 million and Adjusted EBITDA margin2 of 18%Net Cash Provided by Operating Activities of $22 millionFree Cash Flow2 of $20 millio
HOUSTON, TX / ACCESSWIRE / November 1, 2024 / Innovex International, Inc. (NYSE:INVX), (the "Company" or "Innovex") announced today that it will release its third quarter 2024 earnings results on November 7, 2024, after the close of the U.S. financial markets.Management will host a conference call and a webcast to discuss the financial results on November 8, 2024, at 10:00 a.m. Eastern Daylight Time / 9:00 a.m. Central Daylight Time. The presentation is open to all interested parties and may include forward-looking information.To access the call, please dial in approximately ten minutes before the start of the call.Conference Call and Webcast DetailsDate / Time:Friday, November 08, 2024 - 9:
Innovex International to Begin Trading on NYSE Under Symbol "INVX" on September 9, 2024 HOUSTON, TX / ACCESSWIRE / September 6, 2024 / Dril-Quip, Inc. (NYSE:DRQ) ("Dril-Quip" or the "Company"), a leading developer, manufacturer and provider of highly engineered equipment and services for the global offshore and onshore oil and gas industry, today announced it has completed its previously announced merger with Innovex Downhole Solutions, Inc., a designer and manufacturer of products to support global upstream onshore and offshore activities.This combined company has assumed the Innovex International, Inc. ("Innovex") name and will begin trading on the New York Stock Exchange on September 9, 2
4 - Innovex International, Inc. (0001042893) (Issuer)
4 - Innovex International, Inc. (0001042893) (Issuer)
4 - Innovex International, Inc. (0001042893) (Issuer)
Tudor, Pickering, Holt & Co. downgraded Dril-Quip from Buy to Hold and set a new price target of $35.00 from $38.00 previously
Barclays reiterated coverage of Dril-Quip with a rating of Underweight and set a new price target of $21.00 from $26.00 previously
Seaport Global Securities initiated coverage of Dril-Quip with a rating of Neutral
HOUSTON, TX / ACCESSWIRE / November 7, 2024 / Innovex International, Inc. (NYSE:INVX) ("Innovex," "we" or the "Company") today announced financial and operating results for the third quarter of 2024.Third Quarter HighlightsClosed transformative merger between Innovex Downhole Solutions, Inc. and former Dril-Quip, Inc., positioning the combined business for long-term successRevenue of $152 million, up 17% quarter over quarterNet Income1 of $83 million, up 766% quarter over quarter, and Net Income Margin of 54%Diluted earnings per share of $1.99Adjusted EBITDA2 of $27 million and Adjusted EBITDA margin2 of 18%Net Cash Provided by Operating Activities of $22 millionFree Cash Flow2 of $20 millio
HOUSTON, TX / ACCESSWIRE / November 1, 2024 / Innovex International, Inc. (NYSE:INVX), (the "Company" or "Innovex") announced today that it will release its third quarter 2024 earnings results on November 7, 2024, after the close of the U.S. financial markets.Management will host a conference call and a webcast to discuss the financial results on November 8, 2024, at 10:00 a.m. Eastern Daylight Time / 9:00 a.m. Central Daylight Time. The presentation is open to all interested parties and may include forward-looking information.To access the call, please dial in approximately ten minutes before the start of the call.Conference Call and Webcast DetailsDate / Time:Friday, November 08, 2024 - 9:
Innovex International to Begin Trading on NYSE Under Symbol "INVX" on September 9, 2024 HOUSTON, TX / ACCESSWIRE / September 6, 2024 / Dril-Quip, Inc. (NYSE:DRQ) ("Dril-Quip" or the "Company"), a leading developer, manufacturer and provider of highly engineered equipment and services for the global offshore and onshore oil and gas industry, today announced it has completed its previously announced merger with Innovex Downhole Solutions, Inc., a designer and manufacturer of products to support global upstream onshore and offshore activities.This combined company has assumed the Innovex International, Inc. ("Innovex") name and will begin trading on the New York Stock Exchange on September 9, 2
HOUSTON, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE:DRQ) (the "Company" or "Dril-Quip") announced today that its Board of Directors has appointed Kyle F. McClure as its Vice President and Chief Financial Officer effective January 1, 2022. Mr. McClure, age 46, has most recently served as Chief Financial Officer of Airswift, a global workforce solutions company, from June 2019 until December 2021. Prior to joining Airswift, Mr. McClure served as Senior Vice President and Chief Financial Officer of Frank's International, a provider of engineered tubular services to the oil and gas industry, from March 2017 until June 2019, and before that as Treasurer of Frank's International fr
HOUSTON, Sept. 01, 2021 (GLOBE NEWSWIRE) -- Dril-Quip, Inc. (NYSE:DRQ) (the "Company" or "Dril-Quip") announced today that its Board of Directors has appointed Jeffrey J. Bird as its President and Chief Executive Officer, and elected him to the Board, both effective as of January 1, 2022 to replace Blake T. DeBerry, who will step down at that time. Mr. DeBerry will continue to serve as Chief Executive Officer and as a member of the Board until December 31, 2021. John Lovoi, Dril-Quip's Board Chairman, commented, "On behalf of the Board, I would like to thank Blake for his superb stewardship of Dril-Quip as CEO and as a Board member over the past 10 years and for all of his contributions s
8-K - Innovex International, Inc. (0001042893) (Filer)
8-K - Innovex International, Inc. (0001042893) (Filer)
8-K - DRIL-QUIP INC (0001042893) (Filer)
SC 13D - Innovex International, Inc. (0001042893) (Subject)
SC 13D/A - Innovex International, Inc. (0001042893) (Subject)
SC 13D/A - DRIL-QUIP INC (0001042893) (Subject)