Valaris Limited (VAL)
| 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...]
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 StatementsAnalyst 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.
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...
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 ...
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...