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0.0264290104486785 0.0264290104486785 0.0264290104486785 0.0264290104486785 0.0264290104486785 0.0264290104486785 0.0264290104486785 -0.00184388444990766
Stock impact report

Innovex completes purchase of Downhole Well Solutions [Yahoo! Finance]

Innovex International, Inc. (INVX) 
Company Research Source: Yahoo! Finance
to the oil and gas industry, is pleased to announce that it has completed the acquisition of the remaining equity ownership of Downhole Well Solutions, LLC ("DWS"). Innovex previously made a minority investment in DWS in May 2023 and is pleased to continue its successful partnership with DWS and its management team. Founded in 2019, DWS is a leading provider of proprietary drilling optimization and friction reduction tools that are rented to operators in multiple US Land markets. DWS' commitment to customer satisfaction and the superior performance of their unique tools have allowed them to quickly establish themselves as one of the premier providers of downhole drilling optimization tools in the US Land market. "This acquisition adds another industry leading technology to Innovex's product portfolio, enabling Innovex to offer customers a more complete portfolio," said Adam Anderson, CEO of Innovex. "DWS has established a culture that is an excellent fit with Innovex's ‘No Barrier Show less Read more
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