| Valaris Wins Major Contract Offshore West Africa Worth $135 Million |
VAL's contract offshore West Africa is expected to begin in the third quarter of 2026. The estimated duration of the contract is 250 days. |
zacks.com |
2025-05-07 16:10:39 |
Czytaj oryginał (ang.) |
| Valaris Announces Sale of Jackup VALARIS 247 to BW Energy for $108 Million |
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that it has agreed to sell jackup VALARIS 247 to BW Energy (“BWE”) for cash proceeds of approximately $108 million. This sale is expected to close in the second half of 2025, subject to customary closing conditions. As part of the sales agreement, BWE will be restricted from using the rig outside of BWE-owned or affiliated properties for the rig's expected remaining useful life. Presiden. |
businesswire.com |
2025-05-05 20:30:00 |
Czytaj oryginał (ang.) |
| Valaris Announces Contract Award for Drillship VALARIS DS-15 |
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Announces Contract Award for Drillship VALARIS DS-15. |
businesswire.com |
2025-05-05 12:30:00 |
Czytaj oryginał (ang.) |
| Valaris Limited (VAL) Q1 2025 Earnings Call Transcript |
Valaris Limited (NYSE:VAL ) Q1 2025 Earnings Conference Call May 1, 2025 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 David Smith - Pickering Energy Partners. Greg Lewis - BTIG Eddie Kim - Barclays Operator Good day and welcome to the Valaris First Quarter 2025 Results Conference Call. |
seekingalpha.com |
2025-05-01 19:11:29 |
Czytaj oryginał (ang.) |
| Valaris Limited (VAL) Reports Q1 Loss, Tops Revenue Estimates |
Valaris Limited (VAL) came out with a quarterly loss of $0.53 per share versus the Zacks Consensus Estimate of $1.10. This compares to earnings of $0.35 per share a year ago. |
zacks.com |
2025-04-30 23:35:31 |
Czytaj oryginał (ang.) |
| Valaris Reports First Quarter 2025 Results |
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported first quarter 2025 results. President and Chief Executive Officer Anton Dibowitz said, “I'd like to thank the entire Valaris team for delivering another quarter of strong operational and financial performance. We continued our track record of providing safe and efficient operations for our customers, delivering revenue efficiency of 96% as well as meaningful EBITDA and free cash flow duri. |
businesswire.com |
2025-04-30 21:09:00 |
Czytaj oryginał (ang.) |
| Valaris Limited (VAL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release |
Valaris (VAL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-24 15:05:51 |
Czytaj oryginał (ang.) |
| Valaris Schedules First Quarter 2025 Earnings Release and Conference Call |
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Schedules First Quarter 2025 Earnings Release and Conference Call. |
businesswire.com |
2025-04-11 12:00:00 |
Czytaj oryginał (ang.) |
| VAL's Jack-Up Rig to Commence New Drilling Program Offshore Australia |
Valaris' jack-up rig is scheduled to undertake a drilling operation at the Montara field. |
zacks.com |
2025-04-04 15:55:31 |
Czytaj oryginał (ang.) |
| Valaris Needs More Cost-Cutting To Hit 2025 EBITDA Target: Analyst |
J.P. Morgan analyst Arun Jayaram reiterated the Underweight rating on Valaris Limited VAL on Monday, lowering the price forecast from $40 to $38. |
benzinga.com |
2025-04-01 17:56:00 |
Czytaj oryginał (ang.) |
| Valaris Bags New Offshore Drilling Contract in West Africa for $352M |
VAL believes that the new contract award demonstrates the drillship's successful record of completing projects in West Africa and highlights its operational efficiency. |
zacks.com |
2025-04-01 17:55:35 |
Czytaj oryginał (ang.) |
| Valaris Announces Two-Year Contract Award for Drillship VALARIS DS-10 |
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Announces Two-Year Contract Award for Drillship VALARIS DS-10. |
businesswire.com |
2025-03-31 20:30:00 |
Czytaj oryginał (ang.) |
| Valaris' Offshore Dominance Set To Dominate Expectations |
Valaris is poised to reach $61.50 in 24 months due to overblown whitespace fears, improved fleet management, and favorable rig reactivation conditions. The company benefits from increased contract availability, premium fleet positioning, and efficient sales, capturing 42% of the remaining 2025 FIDs. Margin expansion is expected as low-priced contracts end and Valaris shifts to a higher-spec fleet, boosting day rates and profitability. |
seekingalpha.com |
2025-03-13 11:58:35 |
Czytaj oryginał (ang.) |
| Valaris to Attend the DNB Energy & Shipping Conference 2025 |
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today announced that President and Chief Executive Officer Anton Dibowitz will be a panelist at the DNB Energy & Shipping Conference 2025 in Oslo, Norway on Wednesday, March 5, 2025. Investor materials to be used during the conference will be available on Valaris' website at www.valaris.com prior to the event. About Valaris Limited Valaris Limited (NYSE: VAL) is the industry leader in offshore drill. |
businesswire.com |
2025-03-04 19:00:00 |
Czytaj oryginał (ang.) |
| Valaris Streamlines Drilling Fleet & Sells Jack-Up Rig for $24M |
VAL plans to retire the VALARIS DPS-5, VALARIS DPS-3 and VALARIS DPS-6 semi-submersible rigs. These rigs may be upcycled for alternative purposes or scrapped entirely. |
zacks.com |
2025-02-20 16:30:36 |
Czytaj oryginał (ang.) |
| Valaris Limited (VAL) Q4 2024 Earnings Call Transcript |
Valaris Limited (NYSE:VAL ) Q4 2024 Earnings Conference Call February 20, 2025 10:00 AM ET Company Participants Nick Georgas - Vice President, Treasurer and Investor Relations Anton Dibowitz - President and Chief Executive Officer Matt Lyne - Senior Vice President and Chief Commercial Officer Chris Weber - Senior Vice President and Chief Financial Officer Conference Call Participants Eddie Kim - Barclays Fredrik Stene - Clarksons Securities Kurt Hallead - Benchmark David Smith - Pickering Energy Partners Arun Jayaram - JPMorgan Operator Good day, and welcome to the Valaris Fourth Quarter 2024 Results Conference Call. All participants will be in a listen-only mode. |
seekingalpha.com |
2025-02-20 16:26:19 |
Czytaj oryginał (ang.) |
| Valaris Reports Fourth Quarter 2024 Results |
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported fourth quarter 2024 results. President and Chief Executive Officer Anton Dibowitz said, “We continued to deliver solid operating and financial performance, achieving fleetwide revenue efficiency of 96% in the fourth quarter and 97% for the full year. We also had outstanding safety performance in 2024 and are proud to have been recognized with safety awards by both the IADC and the Center. |
businesswire.com |
2025-02-19 18:29:00 |
Czytaj oryginał (ang.) |
| Valaris Announces Fleet Rationalization and Issues Fleet Status Report |
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today announced several fleet rationalization actions and issued a Fleet Status Report. Fleet Rationalization Actions The Company recently decided to retire three semisubmersibles from its fleet: VALARIS DPS-5, which has been idle since last working in third quarter 2024, as well as VALARIS DPS-3 and VALARIS DPS-6, which have been stacked for several years. The Company expects that these rigs will be re. |
businesswire.com |
2025-02-18 19:13:00 |
Czytaj oryginał (ang.) |
| Valaris Limited (VAL) Reports Next Week: Wall Street Expects Earnings Growth |
Valaris (VAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-02-13 13:06:50 |
Czytaj oryginał (ang.) |
| 3 Stocks to Gain From the Rising Demand in Offshore Drilling |
President Trump's “Drill, baby, drill” initiatives may cause a demand spike for offshore drillers. Trump signed an executive order attempting to remove former President Biden's permanent offshore drilling ban over 625 million acres of federal waters. |
marketbeat.com |
2025-02-11 12:06:47 |
Czytaj oryginał (ang.) |
| Valaris Schedules Fourth Quarter 2024 Earnings Release and Conference Call |
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Schedules Fourth Quarter 2024 Earnings Release and Conference Call. |
businesswire.com |
2025-01-30 20:34:00 |
Czytaj oryginał (ang.) |
| ExxonMobil Unearths Gas in Egypt With Valaris Drillship |
XOM discovers gas off Egypt's Mediterranean coast with Valaris DS-9 drillship, marking a breakthrough in the untapped western region. |
zacks.com |
2025-01-21 09:16:14 |
Czytaj oryginał (ang.) |
| 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 |
2025-01-03 12:01:49 |
Czytaj oryginał (ang.) |
| 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 |
2024-11-12 09:21:04 |
Czytaj oryginał (ang.) |
| 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 |
2024-10-31 15:31:06 |
Czytaj oryginał (ang.) |
| 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 |
2024-10-30 22:11:13 |
Czytaj oryginał (ang.) |
| 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 |
2024-10-29 11:50:20 |
Czytaj oryginał (ang.) |
| 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 |
2024-10-17 01:14:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-10-07 13:06:10 |
Czytaj oryginał (ang.) |
| 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 |
2024-09-25 12:50:16 |
Czytaj oryginał (ang.) |
| 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 |
2024-08-30 01:00:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-08-26 17:08:00 |
Czytaj oryginał (ang.) |
| 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 |
2024-08-16 11:29:17 |
Czytaj oryginał (ang.) |
| 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 |
2024-08-01 18:35:35 |
Czytaj oryginał (ang.) |
| Valaris Limited (VAL) Q2 Earnings and Revenues Top Estimates |
Valaris Limited (VAL) came out with quarterly earnings of $2.03 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to loss of $0.29 per share a year ago. |
zacks.com |
2024-08-01 00:26:12 |
Czytaj oryginał (ang.) |
| Valaris Issues Fleet Status Report |
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Issues Fleet Status Report. |
businesswire.com |
2024-07-30 02:44:00 |
Czytaj oryginał (ang.) |
| Valaris' (VAL) Jack-Up Rig Mobilized for Selene Well Drilling |
Valaris' (VAL) jack-up rig is slated to drill the Selene exploration well in the Southern North Sea. |
zacks.com |
2024-07-29 14:50:30 |
Czytaj oryginał (ang.) |
| Shipping Trends: J Mintzmyer And Edward Finley-Richardson On Marine Money 2024 |
Shipping trends with J Mintzmyer and Ed Finley-Richardson. Valuations and investor excitement compared to ship owners' cautious optimism. |
seekingalpha.com |
2024-06-24 20:15:00 |
Czytaj oryginał (ang.) |
| Valaris: Major Earnings Inflection Ahead, Buy |
Last month, leading offshore driller, Valaris, reported Q1/2024 results handily above expectations, mostly as a result of improved revenue efficiency. However, Adjusted EBITDA margin remained weak and cash flow continues to be pressured by elevated capital expenditures. Backlog of $4.0 billion reached a new recovery high and was up by 2.5% sequentially as customers exercised priced options for a number of rigs. |
seekingalpha.com |
2024-06-10 01:24:33 |
Czytaj oryginał (ang.) |
| Wall Street's New Darlings: 3 Stocks Soaking Up Analyst Love |
Investors, weary of volatility due to economic uncertainty and geopolitical tensions, have been seeking stability and growth potential in their stocks. When it comes to portfolio performance, stocks with analyst upgrades can be important as endorsements by brokers. |
investorplace.com |
2024-05-18 11:05:00 |
Czytaj oryginał (ang.) |
| Valaris Limited (VAL) Q1 2024 Earnings Call Transcript |
Valaris Limited (NYSE:VAL ) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Nick Georgas - Vice President, Treasurer and Investor Relations Anton Dibowitz - President and Chief Executive Officer Matt Lyne - Senior Vice President and Chief Commercial Officer Chris Weber - Senior Vice President and Chief Financial Officer Conference Call Participants Greg Lewis - BTIG Eddie Kim - Barclays Fredrik Stene - Clarksons Platou Securities Kurt Hallead - Benchmark Doug Becker - Capital One Operator Good day, and welcome to the Valaris First Quarter 2024 Results Conference Call. All participants will be in listen-only mode. |
seekingalpha.com |
2024-05-02 23:05:28 |
Czytaj oryginał (ang.) |
| Valaris Reports First Quarter 2024 Results |
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Reports First Quarter 2024 Results. |
businesswire.com |
2024-05-01 22:27:00 |
Czytaj oryginał (ang.) |