VAL Stock Recent News

Valaris Limited (NYSE:VAL ) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Nick Georgas - VP, Treasurer and IR Anton Dibowitz - President and CEO Matt Lyne - SVP and CCO Chris Weber - SVP and CFO Conference Call Participants Greg Lewis - BTIG Eddie Kim - Barclays Kurt Hallead - Benchmark David Smith - Pickering Energy Partners Operator Good day, and welcome to the Valaris Second Quarter 2024 Results Conference Call. All participants will be in listen-only mode.

Valaris Limited (VAL) came out with quarterly earnings of $2.03 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to loss of $0.29 per share a year ago.

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Issues Fleet Status Report.

Valaris' (VAL) jack-up rig is slated to drill the Selene exploration well in the Southern North Sea.

Last month, leading offshore driller, Valaris, reported Q1/2024 results handily above expectations, mostly as a result of improved revenue efficiency. However, Adjusted EBITDA margin remained weak and cash flow continues to be pressured by elevated capital expenditures. Backlog of $4.0 billion reached a new recovery high and was up by 2.5% sequentially as customers exercised priced options for a number of rigs.

Valaris Limited (NYSE:VAL ) Q1 2024 Earnings Conference Call May 2, 2024 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 Greg Lewis - BTIG Eddie Kim - Barclays Fredrik Stene - Clarksons Platou Securities Kurt Hallead - Benchmark Doug Becker - Capital One Operator Good day, and welcome to the Valaris First Quarter 2024 Results Conference Call. All participants will be in listen-only mode.

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.