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
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
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
Low target
$34
9%
upside
Avg. target
$38
20%
upside
High target
$44
40%
upside
3 analyst ratings
0 positive
0%
3 neutral
100%
0 negative
0%
Susquehanna Charles Minervino 43% 1-year accuracy 28 / 65 met price target | 9%upside $34 | Neutral Maintained | 14 Apr 2025 |
Barclays Eddie Kim 25% 1-year accuracy 3 / 12 met price target | 12%upside $35 | Equal-Weight Maintained | 7 Apr 2025 |
Citigroup Scott Gruber 32% 1-year accuracy 24 / 75 met price target | 40%upside $44 | Neutral Maintained | 19 Mar 2025 |
Financial journalist opinion
Based on 5 articles about VAL published over the past 30 days
Neutral
Business Wire
1 week ago
Valaris Schedules First Quarter 2025 Earnings Release and Conference Call
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Schedules First Quarter 2025 Earnings Release and Conference Call.
Neutral
Zacks Investment Research
2 weeks ago
VAL's Jack-Up Rig to Commence New Drilling Program Offshore Australia
Valaris' jack-up rig is scheduled to undertake a drilling operation at the Montara field.
Negative
Benzinga
3 weeks ago
Valaris Needs More Cost-Cutting To Hit 2025 EBITDA Target: Analyst
J.P. Morgan analyst Arun Jayaram reiterated the Underweight rating on Valaris Limited VAL on Monday, lowering the price forecast from $40 to $38.
Positive
Zacks Investment Research
3 weeks ago
Valaris Bags New Offshore Drilling Contract in West Africa for $352M
VAL believes that the new contract award demonstrates the drillship's successful record of completing projects in West Africa and highlights its operational efficiency.
Neutral
Business Wire
3 weeks ago
Valaris Announces Two-Year Contract Award for Drillship VALARIS DS-10
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Announces Two-Year Contract Award for Drillship VALARIS DS-10.
Positive
Seeking Alpha
1 month ago
Valaris' Offshore Dominance Set To Dominate Expectations
Valaris is poised to reach $61.50 in 24 months due to overblown whitespace fears, improved fleet management, and favorable rig reactivation conditions. The company benefits from increased contract availability, premium fleet positioning, and efficient sales, capturing 42% of the remaining 2025 FIDs. Margin expansion is expected as low-priced contracts end and Valaris shifts to a higher-spec fleet, boosting day rates and profitability.
Neutral
Business Wire
1 month ago
Valaris to Attend the DNB Energy & Shipping Conference 2025
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today announced that President and Chief Executive Officer Anton Dibowitz will be a panelist at the DNB Energy & Shipping Conference 2025 in Oslo, Norway on Wednesday, March 5, 2025. Investor materials to be used during the conference will be available on Valaris' website at www.valaris.com prior to the event. About Valaris Limited Valaris Limited (NYSE: VAL) is the industry leader in offshore drill.
Neutral
Zacks Investment Research
2 months ago
Valaris Streamlines Drilling Fleet & Sells Jack-Up Rig for $24M
VAL plans to retire the VALARIS DPS-5, VALARIS DPS-3 and VALARIS DPS-6 semi-submersible rigs. These rigs may be upcycled for alternative purposes or scrapped entirely.
Neutral
Seeking Alpha
2 months ago
Valaris Limited (VAL) Q4 2024 Earnings Call Transcript
Valaris Limited (NYSE:VAL ) Q4 2024 Earnings Conference Call February 20, 2025 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 Eddie Kim - Barclays Fredrik Stene - Clarksons Securities Kurt Hallead - Benchmark David Smith - Pickering Energy Partners Arun Jayaram - JPMorgan Operator Good day, and welcome to the Valaris Fourth Quarter 2024 Results Conference Call. All participants will be in a listen-only mode.
Neutral
Business Wire
2 months ago
Valaris Reports Fourth Quarter 2024 Results
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported fourth quarter 2024 results. President and Chief Executive Officer Anton Dibowitz said, “We continued to deliver solid operating and financial performance, achieving fleetwide revenue efficiency of 96% in the fourth quarter and 97% for the full year. We also had outstanding safety performance in 2024 and are proud to have been recognized with safety awards by both the IADC and the Center.
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