41.22 USD
+0.30
0.73%
At close Dec 20, 4:00 PM EST
After hours
41.22
+0.00
0.00%
1 day
0.73%
5 days
-4.12%
1 month
-12.67%
3 months
-25.47%
6 months
-43.17%
Year to date
-39.46%
1 year
-38.72%
5 years
73.92%
10 years
73.92%
 

About: Valaris Ltd is the industry leader in offshore drilling services across all water depths and geographies. It is a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups. It operates in Floaters, Jackups, ARO and Others. Its majority of the revenue comes from Floaters segment which includes drillships and semisubmersible rigs.

Employees: 5,985

0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

44% more repeat investments, than reductions

Existing positions increased: 121 | Existing positions reduced: 84

31% more call options, than puts

Call options by funds: $82.7M | Put options by funds: $63.1M

20% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 51

3% more funds holding

Funds holding: 292 [Q2] → 302 (+10) [Q3]

6.86% less ownership

Funds ownership: 99.9% [Q2] → 93.04% (-6.86%) [Q3]

30% less capital invested

Capital invested by funds: $5.39B [Q2] → $3.76B (-$1.62B) [Q3]

37% less funds holding in top 10

Funds holding in top 10: 19 [Q2] → 12 (-7) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$40
3%
downside
Avg. target
$48
16%
upside
High target
$55
33%
upside

4 analyst ratings

positive
0%
neutral
75%
negative
25%
Barclays
Eddie Kim
20% 1-year accuracy
2 / 10 met price target
19%upside
$49
Equal-Weight
Downgraded
18 Dec 2024
Citigroup
Nikhil Gupta
0% 1-year accuracy
0 / 6 met price target
14%upside
$47
Neutral
Downgraded
9 Dec 2024
JP Morgan
Arun Jayaram
41% 1-year accuracy
11 / 27 met price target
3%downside
$40
Underweight
Initiated
6 Dec 2024
Susquehanna
Charles Minervino
29% 1-year accuracy
19 / 66 met price target
33%upside
$55
Neutral
Maintained
1 Nov 2024

Financial journalist opinion

Neutral
Market Watch
1 day ago
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Foot Locker, CVS Health and Charles River Laboratories are among hard-hit stocks that look ready to recover.
Tax-related selling is hitting these 7 stocks — but their loss could be your gain
Positive
Seeking Alpha
1 month ago
Valaris: Attractive Price To Position For Long-Term Offshore Recovery
Valaris, a leading offshore driller, has a strong financial position but faces near-term challenges due to idle rigs and deferred oil company CapEx. Despite reduced 2024 EBITDA guidance, long-term prospects remain positive, with expected offshore oil production growth and potential sector recovery from 2026. Management will provide 2025 guidance with Q4 earnings, potentially presenting a buying opportunity if market expectations are disappointed.
Valaris: Attractive Price To Position For Long-Term Offshore Recovery
Neutral
Seeking Alpha
1 month ago
Valaris Limited (VAL) Q3 2024 Earnings Call Transcript
Valaris Limited (NYSE:VAL ) Q3 2024 Earnings Conference Call October 31, 2024 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 Eddie Kim - Barclays David Smith - Pickering Energy Partners Fredrik Stene - Clarksons Securities Kurt Hallead - Benchmark Operator Good day, and welcome to the Valaris Third Quarter 2024 Results Conference Call. All participants will be in listen-only mode.
Valaris Limited (VAL) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
Valaris Limited (VAL) Misses Q3 Earnings Estimates
Valaris Limited (VAL) came out with quarterly earnings of $0.88 per share, missing the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $0.17 per share a year ago.
Valaris Limited (VAL) Misses Q3 Earnings Estimates
Neutral
Business Wire
1 month ago
Valaris Reports Third Quarter 2024 Results
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported third quarter 2024 results. President and Chief Executive Officer Anton Dibowitz said, “We delivered strong operating performance and financial results in the third quarter, including solid free cash flow generation. Our fleetwide revenue efficiency of 98% included a full quarter of operations for VALARIS DS-7 following its contract startup in the second quarter. Building on our track rec.
Valaris Reports Third Quarter 2024 Results
Positive
Zacks Investment Research
1 month ago
4 High Earnings Yield Picks to Supercharge Your Portfolio Value
Unlock your portfolio value with high earnings yield stocks like SUZ, COOP, IAG and VAL.
4 High Earnings Yield Picks to Supercharge Your Portfolio Value
Neutral
Business Wire
2 months ago
Valaris Schedules Third Quarter 2024 Earnings Release and Conference Call
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Schedules Third Quarter 2024 Earnings Release and Conference Call.
Valaris Schedules Third Quarter 2024 Earnings Release and Conference Call
Positive
Zacks Investment Research
2 months ago
3 Resilient Stocks in the Oil and Gas Drilling Industry
Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like VAL, HP and NBR.
3 Resilient Stocks in the Oil and Gas Drilling Industry
Neutral
Zacks Investment Research
2 months ago
Equinor Secures Key Suppliers for $9B Gas Project Offshore Brazil
EQNR has secured key suppliers for its $9 billion Raia gas project in Brazil, aiming to meet 15% of the country's gas requirements. The project is slated to begin production in 2028.
Equinor Secures Key Suppliers for $9B Gas Project Offshore Brazil
Neutral
Business Wire
3 months ago
Valaris to Present at the Barclays CEO Energy-Power Conference
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 Barclays CEO Energy-Power Conference in New York City on Tuesday, September 3, 2024, beginning at 1:50 pm EDT. Investor materials to be used during the conference will be available on Valaris' website at www.valaris.com the morning of the event. A live webcast will be available at the time of the presentation i.
Valaris to Present at the Barclays CEO Energy-Power Conference
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