Innovex International (NYSE:INVX – Get Free Report) and Weatherford International (NASDAQ:WFRD – Get Free Report) are both oils/energy companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, analyst recommendations, institutional ownership, risk, profitability, earnings and valuation.
Profitability
This table compares Innovex International and Weatherford International’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Innovex International | 12.31% | -0.73% | -0.61% |
Weatherford International | 9.65% | 46.25% | 10.44% |
Analyst Recommendations
This is a breakdown of recent ratings and price targets for Innovex International and Weatherford International, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Innovex International | 1 | 0 | 0 | 0 | 1.00 |
Weatherford International | 0 | 1 | 6 | 1 | 3.00 |
Volatility & Risk
Innovex International has a beta of 0.88, meaning that its share price is 12% less volatile than the S&P 500. Comparatively, Weatherford International has a beta of 0.58, meaning that its share price is 42% less volatile than the S&P 500.
Insider and Institutional Ownership
97.2% of Weatherford International shares are held by institutional investors. 3.1% of Innovex International shares are held by company insiders. Comparatively, 1.6% of Weatherford International shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Valuation & Earnings
This table compares Innovex International and Weatherford International”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Innovex International | $550.34 million | 1.63 | $600,000.00 | $1.41 | 9.44 |
Weatherford International | $5.53 billion | 0.92 | $417.00 million | $7.12 | 9.81 |
Weatherford International has higher revenue and earnings than Innovex International. Innovex International is trading at a lower price-to-earnings ratio than Weatherford International, indicating that it is currently the more affordable of the two stocks.
Summary
Weatherford International beats Innovex International on 11 of the 15 factors compared between the two stocks.
About Innovex International
Innovex Downhole Solutions Inc. designs, manufactures and installs mission-critical drilling & deployment, well construction, completion, production and fishing & intervention solutions to support upstream onshore and offshore activities. Innovex Downhole Solutions Inc., formerly known as Dril-Quip, is based in HOUSTON.
About Weatherford International
Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. The company operates through three segments: Drilling and Evaluation; Well Construction and Completions; and Production and Intervention. It offers artificial lift systems, including reciprocating rod, progressing cavity pumping, gas, hydraulic, plunger, and hybrid lift systems, as well as related automation and control systems; pressure pumping and reservoir stimulation services, such as acidizing, fracturing, cementing, and coiled-tubing intervention; and software, automation and flow measurement solutions. The company also provides safety, downhole reservoir monitoring, flow control, and multistage fracturing systems, as well as sand-control technologies, and production and isolation packers; liner hangers to suspend a casing string in high-temperature and high-pressure wells; cementing products, including plugs, float and stage equipment, and torque-and-drag reduction technology for zonal isolation; and pre-job planning and installation services. In addition, it offers directional drilling services, and logging and measurement services while drilling; services related to rotary-steerable systems, high temperature and high pressure sensors, drilling reamers, and circulation subs; rotating control devices and advanced automated control systems, as well as closed loop drilling, air drilling, managed-pressure drilling, and underbalanced drilling services; open-hole and cased-hole logging services; and intervention and remediation services. Further, it provides tubular handling, management, and connection services; and re-entry, fishing, and well abandonment services, as well as patented bottom hole, tubular-handling equipment, pressure-control equipment, and drill pipe and collars. The company was incorporated in 1972 and is based in Houston, Texas.
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