Valaris Limited (VAL)

Market Cap	3.51B
Revenue (ttm)	2.26B
Net Income (ttm)	1.07B
Shares Out	71.12M
EPS (ttm)	14.61
PE Ratio	3.38
Forward PE	9.32
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,525,917
Open	47.89
Previous Close	47.69
Day's Range	47.89 - 49.88
52-Week Range	46.03 - 84.20
Beta	1.18
Analysts	Buy
Price Target	78.40 (+58.74%)
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...

• Industry: Oil & Gas Equipment & Services
• Sector: Energy
• Founded: 1975
• Employees: 4,261
• Stock Exchange: NYSE
• Ticker Symbol: VAL
• Website: https://www.valaris.com

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%.

Analyst Forecast

According to 6 analysts, the average rating for VAL stock is "Buy." The 12-month stock price forecast is $78.4, which is an increase of 58.74% from the latest price.

Price Target

$78.4

(58.74% upside)

Analyst Consensus: Buy