Valaris Limited (VAL)
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
