Valaris Limited (VAL)

NYSE: VAL · IEX Real-Time Price · USD
48.98
-2.00 (-3.92%)
At close: Aug 19, 2022 4:00 PM
48.98
0.00 (0.00%)
After-hours: Aug 19, 2022 7:00 PM EDT
-3.92%
Market Cap 3.68B
Revenue (ttm) 1.36B
Net Income (ttm) 46.20M
Shares Out 75.18M
EPS (ttm) -42.51
PE Ratio n/a
Forward PE 52.36
Dividend n/a
Ex-Dividend Date n/a
Volume 772,963
Open 50.00
Previous Close 50.98
Day's Range 48.56 - 50.98
52-Week Range 24.27 - 63.45
Beta n/a
Analysts Buy
Price Target 76.09 (+55.3%)
Earnings Date Aug 2, 2022

About VAL

Valaris Limited provides offshore contract drilling services to the international oil and gas industry. The company owns an offshore drilling rig fleet of 56 rigs, which include 11 drillships, 4 dynamically positioned semisubmersible rigs, 1 moored semisubmersible rig, and 40 jackup rigs. It serves international, government-owned, and independent oil and gas companies in the Gulf of Mexico, the North Sea, the Middle East, West Africa, Australia, and Southeast Asia. The company was incorporated in 2009 and is based in Hamilton, Bermuda. [Read more...]

Industry Oil & Gas Equipment & Services
Employees 3,400
Stock Exchange NYSE
Ticker Symbol VAL
Full Company Profile

Financial Performance

In 2020, Valaris's revenue was $1.43 billion, a decrease of -30.49% compared to the previous year's $2.05 billion. Losses were -$4.86 billion, 2,352.3% more than in 2019.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for VAL stock is "Buy." The 12-month stock price forecast is 76.09, which is an increase of 55.35% from the latest price.

Price Target
$76.09
(55.35% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Valaris Announces Consent Solicitation with Respect to its Senior Secured First Lien Notes due 2028

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Announces Consent Solicitation with Respect to its Senior Secured First Lien Notes due 2028

Valaris Announces New Chief Financial Officer

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today announced that Chris Weber has commenced his role as Senior Vice President and Chief Financial Officer,...

Valaris Reports Second Quarter 2022 Results

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

Valaris Provides Quarterly Fleet Status Report

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

Valaris Schedules Second Quarter 2022 Earnings Release and Conference Call

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

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 $466 million, awar...

Valaris Announces New Executive Leadership Position

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today announced that Christophe Raimbault, Vice President and interim Head of Marketing will take on a new ro...

Valaris Announces Contract Termination for Drillship VALARIS DS-11

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that Equinor has delivered a termination notice for the drilling contract awarded to drillshi...

Valaris Announces New Executive Leadership Appointments

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today announced the appointment of three new members of the Valaris Executive Management Committee. The follo...

Market Rally Fights But Under Pressure; Valaris, Livent, WWE Near Buy Points | Stock Market Today

Dow undercuts lows, but S&P 500, Nasdaq hold. Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, educatio...

Other symbols: LTHMWWE

Deep Dive: 8 oil stocks that are still bargains for long-term investors

The combination of underinvestment in new oil wells and rising demand underscores what might be a long period of high prices for energy commodities. Meanwhile, many oil and gas stocks are still trading ...

Other symbols: HALSLBSUTDWXOM

Valaris Reports First Quarter 2022 Results

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

Valaris Announces Sale of Jackups VALARIS 113 and 114

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that it has sold heavy duty modern jackups VALARIS 113 and 114 to ADES Saudi Limited for a to...

Valaris Schedules First Quarter 2022 Earnings Release and Conference Call

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") will hold its first quarter 2022 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT) on Tuesday, May 3...

Valaris Issues Statement on Drillship VALARIS DS-16

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today confirmed that drillship VALARIS DS-16, which is currently undergoing reactivation activities at ST Eng...

Valaris to Present at the Evercore ISI Elite Energy & Materials Summit

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today announced that President and Chief Executive Officer Anton Dibowitz will present virtually at the Everc...

Valaris Reports Fourth Quarter 2021 Results

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported fourth quarter 2021 results. President and Chief Executive Officer Anton Dibowitz said, “We fo...

Valaris Schedules Fourth Quarter 2021 Earnings Release and Conference Call

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") will hold its fourth quarter 2021 earnings conference call at 9:00 a.m. CST (10:00 a.m. EST and 3:00 p.m. Lon...

Valaris Announces Floater Contract Awards

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) announced today that it has been awarded two one-well contracts with subsidiaries of Murphy Oil Corporation for semisubmersible VALARIS DP...

Valaris Announces Contract Awards

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) announced today that it has been awarded the following new contracts: One-well contract with Kosmos Energy in the U.S. Gulf of Mexico for ...

Third Avenue Value Fund Ends Year With Positions in Valaris, Fila Holdings

The Third Avenue Value Fund (Trades, Portfolio) released its portfolio for the final quarter of 2021 in late December.

Valaris Announces Jackup Contract Awards

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) announced today that it has been awarded new bareboat charter agreements with ARO Drilling for several jackups. ARO Drilling has signed co...

Valaris Announces Support Agreement with The Seatankers Group

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or "the Company") today announced that Famatown Finance Limited, a company indirectly controlled by trusts settled by John Fred...

Famatown Comments on Valaris Investment

LIMASSOL, Cyprus--(BUSINESS WIRE)--Famatown Finance Limited (“Famatown”), a company indirectly controlled by trusts settled by Mr. John Fredriksen1 and a member of the Seatankers Group, today announced ...

Valaris Appoints Anton Dibowitz President and Chief Executive Officer

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today announced that its Board of Directors has appointed Mr. Anton Dibowitz as President and Chief Executive...