Valaris Limited (VAL)
Market Cap | 2.93B |
Revenue (ttm) | 2.26B |
Net Income (ttm) | 1.07B |
Shares Out | 71.12M |
EPS (ttm) | 14.61 |
PE Ratio | 2.82 |
Forward PE | 8.42 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,248,554 |
Open | 40.53 |
Previous Close | 40.92 |
Day's Range | 40.41 - 41.72 |
52-Week Range | 40.41 - 84.20 |
Beta | 1.09 |
Analysts | Hold |
Price Target | 66.33 (+60.92%) |
Earnings Date | Oct 30, 2024 |
About VAL
Valaris Limited, together with its subsidiaries, provides offshore contract drilling services Gulf of Mexico, South America, North Sea, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Floaters, Jackups, ARO, and Other. It owns an offshore drilling rig fleet, which include drillships, dynamically positioned semisubmersible rigs, moored semisubmersible rig, and jackup rigs. It serves international, government-owned, and independent oil and gas. Valaris Limited was founded in 1975 and is based in Hamilton... [Read more]
Financial Performance
In 2023, Valaris's revenue was $1.78 billion, an increase of 11.34% compared to the previous year's $1.60 billion. Earnings were $865.40 million, an increase of 390.31%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for VAL stock is "Hold." The 12-month stock price forecast is $66.33, which is an increase of 60.92% from the latest price.
News
Valaris: Attractive Price To Position For Long-Term Offshore Recovery
Valaris, a leading offshore driller, has a strong financial position but faces near-term challenges due to idle rigs and deferred oil company CapEx. Despite reduced 2024 EBITDA guidance, long-term pro...
Valaris Limited (VAL) Q3 2024 Earnings Call Transcript
Valaris Limited (NYSE:VAL) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Nick Georgas - Vice President, Treasurer & Investor Relations Anton Dibowitz - President ...
Valaris Reports Third Quarter 2024 Results
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported third quarter 2024 results. President and Chief Executive Officer Anton Dibowitz said, “We d...
Valaris Schedules Third Quarter 2024 Earnings Release and Conference Call
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Schedules Third Quarter 2024 Earnings Release and Conference Call.
Valaris to Present at the Barclays CEO Energy-Power Conference
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today announced that President and Chief Executive Officer Anton Dibowitz will present at the Barclays CEO ...
These offshore oil drillers look like bargain stocks as the industry recovers
The energy sector has been the best performer among the 11 sectors of the S&P 500 over the past three years, but investors remain wary of oil and natural-gas producers and the companies that service t...
Valaris: Good Quarter, But Near-Term Outlook Disappoints - Buy
Valaris reported strong Q2 results, with revenue and adjusted EBITDA hitting multi-year highs. Free cash flow remained negative due to a combination of higher working capital requirements and elevated...
Valaris Limited (VAL) Q2 2024 Earnings Call Transcript
Valaris Limited (NYSE:VAL) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Nick Georgas - VP, Treasurer and IR Anton Dibowitz - President and CEO Matt Lyne - SVP and ...
Valaris Reports Second Quarter 2024 Results
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported second quarter 2024 results. President and Chief Executive Officer Anton Dibowitz said, “In ...
Valaris Issues Fleet Status Report
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Issues Fleet Status Report.
Valaris Announces Multi-Year Contract Award for Drillship VALARIS DS-17
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Announces Multi-Year Contract Award for Drillship VALARIS DS-17.
Valaris Schedules Second Quarter 2024 Earnings Release and Conference Call
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Schedules Second Quarter 2024 Earnings Release and Conference Call.
Valaris: Major Earnings Inflection Ahead, Buy
Last month, leading offshore driller, Valaris, reported Q1/2024 results handily above expectations, mostly as a result of improved revenue efficiency. However, Adjusted EBITDA margin remained weak and...
Valaris Limited (VAL) Q1 2024 Earnings Call Transcript
Valaris Limited (NYSE:VAL) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Nick Georgas - Vice President, Treasurer and Investor Relations Anton Dibowitz - President and...
Valaris Reports First Quarter 2024 Results
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Reports First Quarter 2024 Results.
Valaris Schedules First Quarter 2024 Earnings Release and Conference Call
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Schedules First Quarter 2024 Earnings Release and Conference Call.
Valaris Announces Contract Suspension for Jackup VALARIS 143
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Announces Contract Suspension for Jackup VALARIS 143.
Valaris: Buy Despite Near-Term Jackup Market Headwinds
Leading offshore driller Valaris Limited reported better-than-expected Q4 2023 results with profitability well ahead of management's guidance and consensus expectations. On the conference call, manage...
Valaris Limited (VAL) Q4 2023 Earnings Call Transcript
Valaris Limited (VAL) Q4 2023 Earnings Call Transcript
Valaris Reports Fourth Quarter 2023 Results
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Reports Fourth Quarter 2023 Results.
Valaris Limited: Promising Outlook As Meaningful FCF Commences
Valaris Limited has experienced volatility in its stock price over the past year, but the company is focused on improving its bottom line and has promising growth prospects. VAL operates in the offsho...
Valaris Schedules Fourth Quarter 2023 Earnings Release and Conference Call
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Schedules Fourth Quarter 2023 Earnings Release and Conference Call.