Core Insights - Innovex International, Inc. (NYSE:INVX) experienced a share price increase of 3.13% from September 25 to October 2, 2025, ranking among the top gaining energy stocks for the week [1] Group 1: Company Developments - Innovex International, Inc. was established in 2024 following the merger of Dril-Quip and Innovex Downhole Solutions, focusing on designing and manufacturing offshore drilling and production equipment [2] - The company completed the sale of its Dril-Quip Eldridge facility for $90 million, resulting in estimated net proceeds of approximately $86.5 million [2] - CEO Adam Anderson highlighted that the sale is a significant milestone in the company's transformation, enhancing its net cash position and representing nearly 7% of Innovex's current market cap [3] Group 2: Operational Changes - The exit from the Eldridge facility will reduce the square footage dedicated to Houston Subsea operations by nearly 80%, which is expected to lower costs, simplify operations, and drive efficiencies [3] - The company has been named the exclusive manufacturer and supplier of wellhead systems for OneSubsea, providing an additional operational boost [3]