VAL Stock Recent News

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.

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 (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.

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.

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.

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.

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.

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Schedules Fourth Quarter 2024 Earnings Release and Conference Call.

XOM discovers gas off Egypt's Mediterranean coast with Valaris DS-9 drillship, marking a breakthrough in the untapped western region.

Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like VAL, RIG and PTEN.