Valaris Limited (VAL)
Market Cap | 4.96B |
Revenue (ttm) | 1.78B |
Net Income (ttm) | 865.40M |
Shares Out | 72.41M |
EPS (ttm) | 11.70 |
PE Ratio | 5.85 |
Forward PE | 14.95 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 591,579 |
Open | 66.99 |
Previous Close | 67.06 |
Day's Range | 66.90 - 68.97 |
52-Week Range | 54.13 - 78.92 |
Beta | 1.14 |
Analysts | Strong Buy |
Price Target | 100.00 (+46.03%) |
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... [Read more]
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 StatementsAnalyst 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 46.03% from the latest price.
News
Valaris Schedules First Quarter 2024 Earnings Release and Conference Call
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Schedules First Quarter 2024 Earnings Release and Conference Call.
Valaris Announces Contract Suspension for Jackup VALARIS 143
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Announces Contract Suspension for Jackup VALARIS 143.
Valaris Reports Fourth Quarter 2023 Results
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Reports Fourth Quarter 2023 Results.
Valaris Schedules Fourth Quarter 2023 Earnings Release and Conference Call
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Schedules Fourth Quarter 2023 Earnings Release and Conference Call.
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 ...
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...
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...
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...
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...
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 ...
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.
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...
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 ...
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, ...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...