Valaris Limited (VAL)

NYSE: VAL · IEX Real-Time Price · USD
66.17
-0.98 (-1.46%)
Feb 26, 2024, 4:00 PM EST - Market closed
-1.46%
Market Cap 4.79B
Revenue (ttm) 1.78B
Net Income (ttm) 865.40M
Shares Out 72.41M
EPS (ttm) 11.69
PE Ratio 5.66
Forward PE 16.25
Dividend n/a
Ex-Dividend Date n/a
Volume 798,188
Open 66.83
Previous Close 67.15
Day's Range 65.09 - 67.72
52-Week Range 54.13 - 78.92
Beta 1.14
Analysts Strong Buy
Price Target 100.75 (+52.26%)
Earnings Date Feb 21, 2024

About VAL

Valaris Limited, together with its subsidiaries, provides offshore contract drilling services globally. 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. The company serves international, government-owned, and independent oil and gas companies in the Gulf of Mexico, South America, the North Sea, the Middle East, Africa, and Asia Pacific. Valaris Limited was found... [Read more]

Sector Energy
CEO Anton Dibowitz
Employees 4,261
Stock Exchange NYSE
Ticker Symbol VAL
Full Company Profile

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 Statements

Analyst Forecast

According to 4 analysts, the average rating for VAL stock is "Strong Buy." The 12-month stock price forecast is $100.75, which is an increase of 52.26% from the latest price.

Price Target
$100.75
(52.26% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Valaris Reports Fourth Quarter 2023 Results

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Reports Fourth Quarter 2023 Results.

5 days ago - Business Wire

Valaris Schedules Fourth Quarter 2023 Earnings Release and Conference Call

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Schedules Fourth Quarter 2023 Earnings Release and Conference Call.

26 days ago - Business Wire

20 midcap stocks with 2024 upside ranging up to 62%, according to analysts

When investors think about whether to increase their exposure beyond the big companies that grab most of the headlines in the financial media, they are likely to look at small-cap stocks first. After ...

2 months ago - Market Watch

Valaris Reports Third Quarter 2023 Results

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported third quarter 2023 results. President and Chief Executive Officer Anton Dibowitz said, “We a...

4 months ago - Business Wire

Valaris Issues Fleet Status Report

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today issued a Fleet Status Report that provides the current status of the Company's fleet of offshore dril...

4 months ago - Business Wire

Valaris Schedules Third Quarter 2023 Earnings Release and Conference Call

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") will hold its third quarter 2023 earnings conference call at 9:00 a.m. CST (10:00 a.m. EST) on Tuesday, Nov...

4 months ago - Business Wire

Valaris Announces Contract Awards and Fleet Status Updates

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today new contracts and contract extensions, with associated contract backlog of approximately $6...

6 months ago - Business Wire

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 ...

6 months ago - Business Wire

Valaris Limited Announces Pricing of $400 Million Upsized Private Placement of Additional 8.375% Senior Secured Second Lien Notes Due 2030

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Announces Pricing of $400 Million Upsized Private Placement of Additional 8.375% Senior Secured Second Lien Notes.

7 months ago - Business Wire

Valaris Provides Fleet Status Report

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today issued a Fleet Status Report that provides the current status of the Company's fleet of offshore dril...

7 months ago - Business Wire

Valaris Reports Second Quarter 2023 Results

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported second quarter 2023 results. President and Chief Executive Officer Anton Dibowitz said, “In ...

7 months ago - Business Wire

Valaris Schedules Second Quarter 2023 Earnings Release and Conference Call

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") will hold its second quarter 2023 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT) on Wednesday, ...

8 months ago - Business Wire

Lodbrok Publishes Letter to Valaris' Board of Directors

LONDON--(BUSINESS WIRE)--  Valaris Limited (“Valaris”) 5847 San Felipe Suite 3300 Houston, TX 77057 Attn: The Directors 30 May 2023 Dear Directors, Lodbrok Capital LLP (“Lodbrok”) has been a long-term...

9 months ago - Business Wire

Valaris Announces Appointment of New ARO Drilling CEO

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that ARO Drilling, its 50/50 joint venture with Saudi Aramco, has appointed Mohamed Hegazi ...

10 months ago - Business Wire

Valaris Reports First Quarter 2023 Results

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported first quarter 2023 results. President and Chief Executive Officer Anton Dibowitz said, “In t...

10 months ago - Business Wire

Valaris Limited Announces Closing of $700 Million Private Placement of 8.375% Senior Secured Second Lien Notes Due 2030 and Availability of $375 Million Revolving Credit Facility

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris”) and its wholly-owned subsidiary, Valaris Finance Company LLC, today announced the closing of their private placement (the “O...

11 months ago - Business Wire

Valaris Publishes 2022 Sustainability Report and Announces 2030 Carbon Emissions Reduction Target

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today announced that it has issued its 2022 Sustainability Report, showcasing the Company's commitment to a...

11 months ago - Business Wire

Valaris Schedules First Quarter 2023 Earnings Release and Conference Call

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") will hold its first quarter 2023 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT) on Tuesday, May...

11 months ago - Business Wire

Valaris Limited Announces $600 Million Private Placement of Senior Secured Second Lien Notes Due 2030 and Issues Notice of Conditional Full Redemption for its Senior Secured First Lien Notes Due 2028

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris”) and its wholly-owned subsidiary, Valaris Finance Company LLC, announced today that, subject to market conditions, they inten...

11 months ago - Business Wire

2 Offshore Drilling Stocks Set to Extract Big Profits

The offshore drilling industry was destroyed by the COVID crisis, with many companies like Valaris (NYSE: VAL) going bankrupt due to low oil prices. But the industry is rebounding, and drilling compan...

Other symbols: PBR
1 year ago - MarketBeat

Valaris Announces Contract Awards and Updated Guidance

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today new contracts awarded subsequent to issuing the Company's most recent fleet status report o...

1 year ago - Business Wire

Valaris to Attend Investor Conferences

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that Senior Vice President and Chief Financial Officer Chris Weber will attend the J.P. Mor...

1 year ago - Business Wire

Fair Isaac & Co. Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK , March 3, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the open of tr...

1 year ago - PRNewsWire

Valaris Reports Fourth Quarter 2022 Results

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported fourth quarter 2022 results. President and Chief Executive Officer Anton Dibowitz said, “I w...

1 year ago - Business Wire

Valaris Schedules Fourth Quarter 2022 Earnings Release and Conference Call

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") will hold its fourth quarter 2022 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT) on Tuesday, ...

1 year ago - Business Wire