Valaris Limited (VAL)

Market Cap	4.86B
Revenue (ttm)	1.78B
Net Income (ttm)	865.40M
Shares Out	72.41M
EPS (ttm)	11.70
PE Ratio	5.80
Forward PE	14.81
Dividend	n/a
Ex-Dividend Date	n/a

Volume	442,564
Open	68.54
Previous Close	67.93
Day's Range	67.01 - 69.21
52-Week Range	54.13 - 78.92
Beta	1.14
Analysts	Strong Buy
Price Target	100.00 (+49.12%)
Earnings Date	May 2, 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
• CEO: Anton Dibowitz
• Employees: 4,261
• Stock Exchange: NYSE
• Ticker Symbol: VAL

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 4 analysts, the average rating for VAL stock is "Strong Buy." The 12-month stock price forecast is $100.0, which is an increase of 49.12% from the latest price.

Price Target

$100.0

(49.12% upside)

Analyst Consensus: Strong Buy