image
Energy - Oil & Gas Equipment & Services - NYSE - BM
$ 48.04
-0.928 %
$ 3.42 B
Market Cap
3.34
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one VAL stock under the worst case scenario is HIDDEN Compared to the current market price of 48 USD, Valaris Limited is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one VAL stock under the base case scenario is HIDDEN Compared to the current market price of 48 USD, Valaris Limited is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one VAL stock under the best case scenario is HIDDEN Compared to the current market price of 48 USD, Valaris Limited is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
1.78 B REVENUE
11.34%
53.5 M OPERATING INCOME
-82.58%
867 M NET INCOME
376.79%
268 M OPERATING CASH FLOW
109.80%
-666 M INVESTING CASH FLOW
-3886.83%
286 M FINANCING CASH FLOW
4560.94%
643 M REVENUE
5.41%
94.9 M OPERATING INCOME
-13.10%
64.6 M NET INCOME
-56.82%
193 M OPERATING CASH FLOW
1591.66%
-82.4 M INVESTING CASH FLOW
24.70%
-129 M FINANCING CASH FLOW
-65983.35%
Balance Sheet Valaris Limited
image
Current Assets 1.27 B
Cash & Short-Term Investments 620 M
Receivables 459 M
Other Current Assets 192 M
Non-Current Assets 3.05 B
Long-Term Investments 124 M
PP&E 1.63 B
Other Non-Current Assets 1.29 B
Current Liabilities 744 M
Accounts Payable 400 M
Short-Term Debt 27.2 M
Other Current Liabilities 317 M
Non-Current Liabilities 1.58 B
Long-Term Debt 1.13 B
Other Non-Current Liabilities 453 M
EFFICIENCY
Earnings Waterfall Valaris Limited
image
Revenue 1.78 B
Cost Of Revenue 1.64 B
Gross Profit 140 M
Operating Expenses 99.3 M
Operating Income 53.5 M
Other Expenses -813 M
Net Income 867 M
RATIOS
7.82% GROSS MARGIN
7.82%
3.00% OPERATING MARGIN
3.00%
48.50% NET MARGIN
48.50%
43.54% ROE
43.54%
20.02% ROA
20.02%
17.96% ROIC
17.96%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Valaris Limited
image
Net Income 867 M
Depreciation & Amortization 101 M
Capital Expenditures -696 M
Stock-Based Compensation 27.3 M
Change in Working Capital 122 M
Others 13.8 M
Free Cash Flow -429 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Valaris Limited
image
Wall Street analysts predict an average 1-year price target for VAL of $80 , with forecasts ranging from a low of $62 to a high of $98 .
VAL Lowest Price Target Wall Street Target
62 USD 29.06%
VAL Average Price Target Wall Street Target
80 USD 66.53%
VAL Highest Price Target Wall Street Target
98 USD 104.00%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.04 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Valaris Limited
image
Sold
0-3 MONTHS
198 K USD 1
3-6 MONTHS
4.03 M USD 3
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Nov 05, 2024
Sell 198 K USD
Weber Christopher T
SVP - CFO
- 4000
49.5 USD
3 months ago
Sep 30, 2024
Sell 1.45 M USD
Lyne Matthew
SVP - CCO
- 26000
55.769 USD
4 months ago
Sep 09, 2024
Sell 872 K USD
Vukadin Davor
SVP & General Counsel
- 15403
56.64 USD
4 months ago
Sep 09, 2024
Sell 1.71 M USD
Luca Gilles
SVP - COO
- 30000
56.86 USD
1 year ago
Aug 09, 2023
Sell 378 K USD
Grable Colleen
VP - Controller
- 5034
75 USD
1 year ago
Aug 07, 2023
Sell 307 M USD
OAK HILL ADVISORS LP
10 percent owner
- 4200000
73.1 USD
1 year ago
Mar 08, 2023
Sell 18.5 M USD
OAK HILL ADVISORS LP
10 percent owner
- 258879
71.6506 USD
1 year ago
Mar 09, 2023
Sell 1.36 M USD
OAK HILL ADVISORS LP
10 percent owner
- 18923
71.652 USD
1 year ago
Mar 06, 2023
Sell 12.1 M USD
OAK HILL ADVISORS LP
10 percent owner
- 158632
76.3889 USD
1 year ago
Mar 07, 2023
Sell 778 K USD
OAK HILL ADVISORS LP
10 percent owner
- 10372
75.0179 USD
2 years ago
Aug 16, 2022
Sell 148 K USD
Grable Colleen
VP - Controller
- 3109
47.57 USD
3 years ago
Aug 27, 2021
Bought 2.4 M USD
OAK HILL ADVISORS LP
10 percent owner
+ 85400
28.11 USD
3 years ago
Aug 26, 2021
Bought 1.59 M USD
OAK HILL ADVISORS LP
10 percent owner
+ 58586
27.21 USD
3 years ago
Aug 25, 2021
Bought 1.54 M USD
OAK HILL ADVISORS LP
10 percent owner
+ 56513
27.19 USD
3 years ago
Aug 23, 2021
Bought 1.92 M USD
OAK HILL ADVISORS LP
10 percent owner
+ 75528
25.38 USD
3 years ago
Aug 20, 2021
Bought 1.36 M USD
OAK HILL ADVISORS LP
10 percent owner
+ 56990
23.94 USD
3 years ago
Aug 19, 2021
Bought 2.4 M USD
OAK HILL ADVISORS LP
10 percent owner
+ 100000
23.96 USD
3 years ago
Mar 25, 2021
Sell 7.55 K USD
Burke Thomas Peter
President and CEO
- 94404
0.08 USD
3 years ago
Mar 10, 2021
Sell 8.32 K USD
Luca Gilles
Senior Vice President & COO
- 83158
0.1 USD
3 years ago
Mar 10, 2021
Sell 22.3 K USD
Burke Thomas Peter
President and CEO
- 222575
0.1 USD
3 years ago
Mar 08, 2021
Sell 4.81 K USD
McGuinty Michael
SVP-General Counsel/Secretary
- 48144
0.1 USD
3 years ago
Mar 08, 2021
Sell 5.69 K USD
Baksht Jonathan
Executive Vice President & CFO
- 56871
0.1 USD
4 years ago
Dec 09, 2020
Sell 57.8 USD
Nimocks Suzanne P
Director
- 825
0.07 USD
4 years ago
Nov 30, 2020
Sell 1.18 K USD
Albrecht William E
Director
- 16856
0.07 USD
4 years ago
Nov 06, 2020
Sell 1.46 K USD
Nimocks Suzanne P
Director
- 18294
0.08 USD
4 years ago
Nov 04, 2020
Sell 771 USD
Francis Mary
Director
- 9643
0.08 USD
4 years ago
Nov 04, 2020
Sell 80 USD
Luca Gilles
Senior Vice President & COO
- 1000
0.08 USD
4 years ago
Aug 28, 2020
Sell 1.46 M USD
LUMINUS MANAGEMENT LLC
Director
- 1979508
0.74 USD
4 years ago
Aug 28, 2020
Sell 1.46 M USD
Weitzman Adam
Director
- 1979508
0.74 USD
4 years ago
Aug 26, 2020
Sell 378 K USD
LUMINUS MANAGEMENT LLC
director, 10 percent owner:
- 3150000
0.12 USD
4 years ago
Aug 27, 2020
Sell 677 K USD
LUMINUS MANAGEMENT LLC
director, 10 percent owner:
- 6770492
0.1 USD
4 years ago
Aug 26, 2020
Sell 378 K USD
Weitzman Adam
Director
- 3150000
0.12 USD
4 years ago
Aug 27, 2020
Sell 677 K USD
Weitzman Adam
Director
- 6770492
0.1 USD
4 years ago
Aug 24, 2020
Sell 816 K USD
LUMINUS MANAGEMENT LLC
director, 10 percent owner:
- 4082076
0.2 USD
4 years ago
Aug 25, 2020
Sell 375 K USD
LUMINUS MANAGEMENT LLC
director, 10 percent owner:
- 3750000
0.1 USD
4 years ago
Aug 24, 2020
Sell 816 K USD
Weitzman Adam
Director
- 4082076
0.2 USD
4 years ago
Aug 25, 2020
Sell 375 K USD
Weitzman Adam
Director
- 3750000
0.1 USD
4 years ago
Aug 20, 2020
Sell 450 K USD
Weitzman Adam
Director
- 4500000
0.1 USD
4 years ago
Aug 20, 2020
Sell 450 K USD
LUMINUS MANAGEMENT LLC
director, 10 percent owner:
- 4500000
0.1 USD
6 years ago
Nov 14, 2018
Sell 28 K USD
Brady Steven Joseph
Sr. VP - Eastern Hemisphere
- 4500
6.22 USD
9 years ago
Dec 23, 2015
Sell 24.3 K USD
Edwards Robert W III
Vice President - Finance
- 1500
16.22 USD
9 years ago
Nov 02, 2015
Sell 1.05 M USD
SWENT JAMES W III
Executive Vice President & CFO
- 59189
17.81 USD
9 years ago
Jun 24, 2015
Sell 679 K USD
HECKES HOWARD C
Executive Vice President
- 8000
84.8208 USD
9 years ago
Jun 23, 2015
Sell 1.14 M USD
SWENT JAMES W III
Executive Vice President & CFO
- 50000
22.73 USD
11 years ago
Sep 20, 2013
Bought 109 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 2
54.48 USD
11 years ago
Dec 20, 2013
Bought 165 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 3
55.03 USD
11 years ago
Jun 21, 2013
Bought 111 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 2
55.57 USD
10 years ago
Jun 20, 2014
Bought 167 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 3
55.69 USD
13 years ago
Mar 18, 2011
Bought 57 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 1
56.98 USD
12 years ago
Sep 21, 2012
Bought 57.2 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 1
57.18 USD
11 years ago
Mar 22, 2013
Bought 117 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 2
58.6 USD
12 years ago
Dec 21, 2012
Bought 59.2 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 1
59.2 USD
13 years ago
Dec 16, 2011
Bought 92.4 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 2
46.19 USD
9 years ago
Mar 20, 2015
Bought 43.4 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 2
21.69 USD
10 years ago
Dec 19, 2014
Bought 189 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 6
31.54 USD
12 years ago
Jun 22, 2012
Bought 84.7 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 2
42.36 USD
13 years ago
Sep 23, 2011
Bought 86.8 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 2
43.38 USD
10 years ago
Sep 19, 2014
Bought 175 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 4
43.77 USD
14 years ago
Sep 17, 2010
Bought 91.2 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 2
45.6 USD
10 years ago
Mar 21, 2014
Bought 153 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 3
50.85 USD
13 years ago
Jun 24, 2011
Bought 51.2 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 1
51.23 USD
14 years ago
Dec 17, 2010
Bought 52.5 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 1
52.55 USD
12 years ago
Mar 23, 2012
Bought 54 USD
Knowlton John Stokes
Sr. Vice President - Technical
+ 1
53.99 USD
10 years ago
Dec 23, 2014
Bought 31.4 K USD
Hensel David Ethan
Sr. Vice President - Marketing
+ 972
32.32 USD
10 years ago
Sep 23, 2014
Bought 30.6 K USD
Hensel David Ethan
Sr. Vice President - Marketing
+ 700
43.73 USD
10 years ago
Mar 25, 2014
Bought 23.9 K USD
Hensel David Ethan
Sr. Vice President - Marketing
+ 468
51.09 USD
10 years ago
Jun 24, 2014
Bought 30.2 K USD
Hensel David Ethan
Sr. Vice President - Marketing
+ 544
55.46 USD
9 years ago
Mar 24, 2015
Bought 6.79 K USD
Hensel David Ethan
Sr. Vice President - Marketing
+ 322
21.09 USD
9 years ago
Mar 24, 2015
Bought 12.8 K USD
Lowe Patrick Carey
Executive Vice President
+ 608
21.09 USD
9 years ago
Mar 20, 2015
Bought 6.79 K USD
Hensel David Ethan
Sr. Vice President - Marketing
+ 322
21.09 USD
10 years ago
Oct 01, 2014
Bought 194 K USD
BALLBACH JOHN M
Director
+ 2500
77.41 USD
10 years ago
Sep 08, 2014
Bought 103 K USD
Trowell Carl
CEO & President
+ 2200
47.04 USD
10 years ago
Aug 14, 2014
Sell 431 K USD
Knowlton John Stokes
Sr. Vice President - Technical
- 8951
48.18 USD
10 years ago
Jun 06, 2014
Sell 253 K USD
Brady Steven Joseph
Sr. VP - Western Hemisphere
- 4869
51.87 USD
10 years ago
Jun 03, 2014
Sell 400 K USD
Knowlton John Stokes
Sr. Vice President - Technical
- 7500
53.4 USD
10 years ago
May 30, 2014
Sell 2.63 M USD
Rabun Daniel Wayne
Director
- 50000
52.64 USD
10 years ago
May 22, 2014
Sell 2.58 M USD
Rabun Daniel Wayne
CEO and President
- 50000
51.58 USD
10 years ago
Mar 26, 2014
Bought 72.8 K USD
BALLBACH JOHN M
Director
+ 1000
72.7882 USD
10 years ago
Mar 25, 2014
Bought 1.81 K USD
BALLBACH JOHN M
Director
+ 25
72.27 USD
10 years ago
Mar 25, 2014
Bought 1.81 K USD
BALLBACH JOHN M
Director
+ 25
72.35 USD
10 years ago
Mar 25, 2014
Bought 1.81 K USD
BALLBACH JOHN M
Director
+ 25
72.279 USD
11 years ago
Dec 30, 2013
Sell 587 K USD
Brady Steven Joseph
Sr. VP - Western Hemisphere
- 10378
56.52 USD
11 years ago
Dec 09, 2013
Sell 150 K USD
Robert Kevin C
Sr. Vice President - Marketing
- 2500
60 USD
11 years ago
Nov 20, 2013
Sell 5.44 M USD
Rabun Daniel Wayne
CEO and President
- 87666
62 USD
11 years ago
Nov 15, 2013
Sell 436 K USD
Rabun Daniel Wayne
CEO and President
- 7039
62 USD
11 years ago
Nov 18, 2013
Sell 329 K USD
Rabun Daniel Wayne
CEO and President
- 5295
62.05 USD
11 years ago
Nov 15, 2013
Sell 380 K USD
SWENT JAMES W III
Executive Vice President & CFO
- 6134
61.92 USD
11 years ago
Nov 06, 2013
Sell 122 K USD
Robert Kevin C
Sr. Vice President - Marketing
- 2000
61.13 USD
11 years ago
Jun 28, 2013
Sell 53.2 K USD
Edwards Robert W III
Controller
- 915
58.17 USD
11 years ago
Jun 18, 2013
Sell 167 K USD
BROWN DAVID A B
Director
- 2822
59.22 USD
11 years ago
Jun 21, 2013
Bought 136 K USD
BALLBACH JOHN M
Director
+ 2088
65 USD
11 years ago
May 30, 2013
Sell 270 K USD
Brady Steven Joseph
Sr. VP - Western Hemisphere
- 4350
62.11 USD
11 years ago
May 30, 2013
Sell 279 K USD
ROWSEY PAUL E III
Director
- 4500
62.01 USD
11 years ago
May 17, 2013
Sell 1.93 M USD
SWENT JAMES W III
Executive Vice President & CFO
- 31132
62.04 USD
11 years ago
May 08, 2013
Sell 42.7 K USD
Edwards Robert W III
Controller
- 688
62.05 USD
11 years ago
May 08, 2013
Sell 279 K USD
RODRIGUEZ RITA M
Director
- 4500
62.05 USD
11 years ago
May 08, 2013
Sell 344 K USD
BROWN DAVID A B
Director
- 5553
62 USD
11 years ago
May 02, 2013
Sell 1.99 M USD
Long Brady K
Vice President and Secretary
- 34395
57.91 USD
11 years ago
Feb 25, 2013
Bought 74.8 K USD
BALLBACH JOHN M
Director
+ 1246
60 USD
12 years ago
Aug 27, 2012
Sell 104 K USD
BODE JOHN S
Director
- 1950
53.099 USD
12 years ago
Aug 27, 2012
Sell 580 K USD
BODE JOHN S
Director
- 10950
53.0099 USD
15 years ago
Feb 24, 2009
Sell 60 K USD
PALEN GREGORY R
Director
- 3400
17.64 USD
17 years ago
Dec 04, 2007
Bought 35.1 K USD
NEWLIN STEPHEN D
Director
+ 1574
22.3036 USD
17 years ago
May 24, 2007
Bought 196 K USD
REYELTS PAUL C
Executive V.P. and CFO
+ 7000
28 USD
18 years ago
Aug 29, 2006
Sell 414 K USD
Nolan Donald A
Senior VP
- 15800
26.2044 USD
18 years ago
Aug 16, 2006
Bought 52.6 K USD
MCCAUSLAND PETER
Director
+ 2000
26.3 USD
18 years ago
Aug 14, 2006
Sell 422 K USD
Nolan Donald A
Senior VP
- 15800
26.7 USD
18 years ago
May 25, 2006
Bought 27.3 K USD
MCCAUSLAND PETER
Director
+ 1000
27.291 USD
18 years ago
Jan 26, 2006
Sell 937 K USD
REYELTS PAUL C
Executive VP and CFO
- 34954
26.7948 USD
19 years ago
Jan 19, 2006
Sell 630 K USD
REYELTS PAUL C
Executive VP and CFO
- 24000
26.25 USD
19 years ago
Dec 01, 2005
Sell 615 K USD
REYELTS PAUL C
Exec. VP and CFO
- 24000
25.63 USD
19 years ago
Dec 01, 2005
Sell 624 K USD
REYELTS PAUL C
Exec. VP and CFO
- 24000
25.98 USD
20 years ago
Jul 07, 2004
Sell 505 K USD
REYELTS PAUL C
Sr. V.P. and CFO
- 10000
50.5 USD
20 years ago
Feb 19, 2004
Sell 4.02 M USD
ROMPALA RICHARD M
Chairman and CEO
- 81000
49.634 USD
20 years ago
Feb 20, 2004
Sell 1.24 M USD
ROMPALA RICHARD M
Chairman and CEO
- 25070
49.4842 USD
20 years ago
Feb 23, 2004
Sell 870 K USD
ROMPALA RICHARD M
Chairman and CEO
- 17600
49.4441 USD
21 years ago
Jan 05, 2004
Sell 1.42 M USD
REYELTS PAUL C
Senior Vice President and CFO
- 29040
49.01 USD
21 years ago
Dec 01, 2003
Sell 214 K USD
BALLBACH JOHN M
President and COO
- 4370
48.9979 USD
21 years ago
Dec 01, 2003
Sell 147 K USD
BALLBACH JOHN M
President and COO
- 3000
49.036 USD
21 years ago
Dec 01, 2003
Sell 294 K USD
BALLBACH JOHN M
President and COO
- 6000
48.9902 USD
21 years ago
Nov 28, 2003
Sell 758 K USD
BALLBACH JOHN M
President and COO
- 15667
48.386 USD
21 years ago
Nov 26, 2003
Sell 609 K USD
BALLBACH JOHN M
President and COO
- 12600
48.3329 USD
21 years ago
Nov 26, 2003
Sell 221 K USD
BALLBACH JOHN M
President and COO
- 4590
48.2545 USD
7. News
VAL, PTEN, RIG: 3 Oil & Gas Drilling Stocks Holding Promise Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like VAL, RIG and PTEN. zacks.com - 2 weeks ago
Valaris: Attractive Price To Position For Long-Term Offshore Recovery Valaris, a leading offshore driller, has a strong financial position but faces near-term challenges due to idle rigs and deferred oil company CapEx. Despite reduced 2024 EBITDA guidance, long-term prospects remain positive, with expected offshore oil production growth and potential sector recovery from 2026. Management will provide 2025 guidance with Q4 earnings, potentially presenting a buying opportunity if market expectations are disappointed. seekingalpha.com - 2 months ago
Valaris Limited (VAL) Q3 2024 Earnings Call Transcript Valaris Limited (NYSE:VAL ) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Nick Georgas - Vice President, Treasurer & Investor Relations Anton Dibowitz - President & Chief Executive Officer Matt Lyne - Senior Vice President & Chief Commercial Officer Chris Weber - Senior Vice President & Chief Financial Officer Conference Call Participants Eddie Kim - Barclays David Smith - Pickering Energy Partners Fredrik Stene - Clarksons Securities Kurt Hallead - Benchmark Operator Good day, and welcome to the Valaris Third Quarter 2024 Results Conference Call. All participants will be in listen-only mode. seekingalpha.com - 2 months ago
Valaris Limited (VAL) Misses Q3 Earnings Estimates Valaris Limited (VAL) came out with quarterly earnings of $0.88 per share, missing the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $0.17 per share a year ago. zacks.com - 2 months ago
4 High Earnings Yield Picks to Supercharge Your Portfolio Value Unlock your portfolio value with high earnings yield stocks like SUZ, COOP, IAG and VAL. zacks.com - 2 months ago
Valaris Schedules Third Quarter 2024 Earnings Release and Conference Call HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Schedules Third Quarter 2024 Earnings Release and Conference Call. businesswire.com - 3 months ago
3 Resilient Stocks in the Oil and Gas Drilling Industry Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like VAL, HP and NBR. zacks.com - 3 months ago
Equinor Secures Key Suppliers for $9B Gas Project Offshore Brazil EQNR has secured key suppliers for its $9 billion Raia gas project in Brazil, aiming to meet 15% of the country's gas requirements. The project is slated to begin production in 2028. zacks.com - 3 months ago
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 Energy-Power Conference in New York City on Tuesday, September 3, 2024, beginning at 1:50 pm EDT. Investor materials to be used during the conference will be available on Valaris' website at www.valaris.com the morning of the event. A live webcast will be available at the time of the presentation i. businesswire.com - 4 months ago
These offshore oil drillers look like bargain stocks as the industry recovers The energy sector has been the best performer among the 11 sectors of the S&P 500 over the past three years, but investors remain wary of oil and natural-gas producers and the companies that service them. marketwatch.com - 4 months ago
Valaris: Good Quarter, But Near-Term Outlook Disappoints - Buy Valaris reported strong Q2 results, with revenue and adjusted EBITDA hitting multi-year highs. Free cash flow remained negative due to a combination of higher working capital requirements and elevated capital expenditures. Despite the strong Q2 performance, management lowered full-year expectations due to increased near-term idle time for certain rigs and required repairs. seekingalpha.com - 5 months ago
Valaris Limited (VAL) Q2 2024 Earnings Call Transcript Valaris Limited (NYSE:VAL ) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Nick Georgas - VP, Treasurer and IR Anton Dibowitz - President and CEO Matt Lyne - SVP and CCO Chris Weber - SVP and CFO Conference Call Participants Greg Lewis - BTIG Eddie Kim - Barclays Kurt Hallead - Benchmark David Smith - Pickering Energy Partners Operator Good day, and welcome to the Valaris Second Quarter 2024 Results Conference Call. All participants will be in listen-only mode. seekingalpha.com - 5 months ago
8. Profile Summary

Valaris Limited VAL

image
COUNTRY BM
INDUSTRY Oil & Gas Equipment & Services
MARKET CAP $ 3.42 B
Dividend Yield 0.00%
Description 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.
Contact Clarendon House, Hamilton, HM 11 https://www.valaris.com
IPO Date May 3, 2021
Employees 4261
Officers Ms. Colleen W. Grable Vice President & Chief Human Resources Officer Mr. Davor Vukadin J.D. Senior Vice President, General Counsel & Secretary Mr. Matthew Lyne Senior Vice President & Chief Commercial Officer Ms. Melissa Barron Controller & Principal Accounting Officer Mr. Duke Bajenting Vice President of Strategy & Sustainability Mr. Anton Dibowitz CPA President, Chief Executive Officer & Director Mr. Darin Gibbins Vice President of Investor Relations & Treasurer Mr. Christopher T. Weber Senior Vice President & Chief Financial Officer Mr. Gilles Luca Senior Vice President & Chief Operating Officer