Valaris
About: Valaris Ltd is an offshore contract drilling company. The company provides offshore contract drilling services to the international oil and gas industry with operations in almost every offshore market across six continents. Its business consists of four operating segments: Floaters, which includes drillships and semisubmersible rigs; Jackups; ARO; and Other, which consists of management services on rigs owned by third parties. It generates the majority of its revenue from the Floaters segment.
Employees: 5,642
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
48% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 81
21% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 63
17% more funds holding in top 10
Funds holding in top 10: 12 [Q3] → 14 (+2) [Q4]
3% more funds holding
Funds holding: 303 [Q3] → 312 (+9) [Q4]
2% more call options, than puts
Call options by funds: $80.6M | Put options by funds: $79.2M
0.02% less ownership
Funds ownership: 93.03% [Q3] → 93.01% (-0.02%) [Q4]
22% less capital invested
Capital invested by funds: $3.76B [Q3] → $2.92B (-$840M) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Susquehanna Charles Minervino 44% 1-year accuracy 29 / 66 met price target | 5%upside $34 | Neutral Maintained | 14 Apr 2025 |
Barclays Eddie Kim 25% 1-year accuracy 3 / 12 met price target | 8%upside $35 | Equal-Weight Maintained | 7 Apr 2025 |
Citigroup Scott Gruber 32% 1-year accuracy 24 / 75 met price target | 36%upside $44 | Neutral Maintained | 19 Mar 2025 |
Financial journalist opinion
Based on 7 articles about VAL published over the past 30 days
