VAL Stock Recent News

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.

Last month, Valaris reported better-than-expected Q1/2023 results and reiterated its full-year outlook, with improved profitability expected for the second half. The company also released a new fleet status report with a total backlog up by almost 15% sequentially to $2.8 billion. Subsequent to quarter-end, the company managed to improve its capital structure thus adding almost $500 million in incremental liquidity.

The market is awarding a rich earnings multiple to Valaris Limited. One that far exceeds most competitors. Things are improving in the offshore drilling space, as we will discuss, but there are still miles to go.

Valaris Limited (NYSE:VAL ) Q1 2023 Earnings Conference Call May 2, 2023 10:00 AM ET Company Participants Darin Gibbins - Vice President of Investor Relations & Treasurer Anton Dibowitz - President & Chief Executive Officer Chris Weber - Senior Vice President & Chief Financial Officer Conference Call Participants Kurt Hallead - Benchmark Eddie Kim - Barclays David Smith - Pickering Energy Partners Darin Gibbins Welcome, everyone, to the Valaris First Quarter 2023 Conference Call. With me today: are President and CEO, Anton Dibowitz, Senior Vice President and CFO, Chris Weber, Senior Vice President and CCO, Matt Lyne and other members of our executive management team.

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

Valaris Limited (NYSE:VAL ) Q4 2022 Earnings Conference Call February 21, 2023 10:00 AM ET Company Participants Darin Gibbins - Vice President of Investor Relations & Treasurer Anton Dibowitz - President & Chief Executive Officer Chris Weber - Senior Vice President & Chief Financial Officer Matt Lyne - SVP and Chief Commercial Officer Conference Call Participants Greg Lewis - BTIG David Smith - Pickering Energy Advisors Fredrik Stene - Clarksons Platou Securities Eddie Kim - Barclays Kurt Hallead - Benchmark Operator Good day and welcome to the Valaris Fourth Quarter 2022 Results Conference Call. All participants will be in listen-only mode.

Valaris Limited is a leading offshore drilling company whose stock price soared by 70% over the past year. It has a cheap forward-looking valuation; earnings per share are expected to grow from $3.38 in 2023 to $14.22 in 2025.

HAMILTON, Bermuda--( BUSINESS WIRE )--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") will hold its fourth quarter 2022 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT) on Tuesday, February 21, 2023. The earnings release will be issued before the New York Stock Exchange opens that morning.

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 BofA Securities Global Energy Conference on Wednesday, November 16, 2022, beginning at 8:45 am ET.

Following better-than-expected Q3 results, shares advanced to new 52-week highs but reversed course after some cautious remarks on Tuesday's conference call. Management reduced full-year profitability expectations for the second time in a row and provided some guarded commentary regarding near-term prospects in the North Sea jackup market.