VAL Stock Recent News

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

Valaris Ltd. (VAL) announces that its joint venture in Saudi Arabia, ARO Drilling, has received a suspension notice for one of its 19 contracted rigs, the Valaris 143.

Valaris Limited (VAL) Q4 2023 Earnings Call Transcript

Valaris Limited has experienced volatility in its stock price over the past year, but the company is focused on improving its bottom line and has promising growth prospects. VAL operates in the offshore drilling industry and has a diverse fleet of equipment, allowing it to engage in different markets around the world. The company has secured partnerships and joint ventures, such as its collaboration with ARO Drilling, which contributes to its robust financial performance and solid balance sheet.

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Schedules Fourth Quarter 2023 Earnings Release and Conference Call.

Valaris (VAL) adds contract extensions and new deals worth $1.14 billion at attractive high-day rates, leading to a positive outlook.

Valaris (VAL) wins a contract for the drillship VALARIS DS-4 worth $519 million to continue working with Petrobras (PBR) after their ongoing contract ends in September 2024.

Valaris reported improved day rates and added to its contract backlog, despite revenue stabilizing over the past six quarters. Valaris is poised to add two drillships to its fleet before the end of 2023, enhancing its revenue-generating capacity in 2024 and beyond. Valaris remains inexpensive in an offshore drilling market marked by increasing demand and constrained supply of rig capacity.

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") will hold its third quarter 2023 earnings conference call at 9:00 a.m. CST (10:00 a.m. EST) on Tuesday, November 7, 2023. The earnings release will be issued before the New York Stock Exchange opens that morning. The conference call will be webcast live at www.valaris.com. Alternatively, callers may dial +1-855-239-3215 within the United States or +1-412-542-4130 from outside the U.S. It is recommended.

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") will hold its second quarter 2023 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT) on Wednesday, August 2, 2023. The earnings release will be issued before the New York Stock Exchange opens that morning. The conference call will be webcast live at www.valaris.com. Alternatively, callers may dial +1-855-239-3215 within the United States or +1-412-542-4130 from outside the U.S. It is recommended.