Valaris Limited (VAL) came out with quarterly earnings of $1.61 per share, beating the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $2.03 per share a year ago.
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.
VAL is well-positioned to capitalize on the multi-year upcycle due to its fleet size and portfolio approach to contracting. The company's strong balance sheet and undervalued stock price drive my bullish outlook despite recent sector weakness. Valaris's ARO joint venture with Saudi Aramco provides a foothold in one of the most active and stable regions.
Oil & Gas Equipment & Services Industry | Energy Sector | Anton Dibowitz CPA CEO | XSTU Exchange | BMG9460G1015 ISIN |
BM Country | 4,130 Employees | - Last Dividend | - Last Split | 17 Mar 1992 IPO Date |