VAL News and Press, Valspar Corporation From 02/06/23

Summary Energy companies have had a good run in the last couple years, and the Permian Basin Royalty Trust is no exception. The company owns royalties on two properties in the Permian Basin, primarily the Waddell Ranch property. There are several quirks to owning shares of a royalty...

Summary McIntyre Partnerships is a private investment company focused on long-term investments and acquisitions in the natural resources and infrastructure sectors. Through YE 2022, McIntyre Partnerships returns were approx. 0.3% gross and -1.2% net. We focus on our 2022 year end re...

Summary 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. Valaris Limited stock is also near overbought le...

Summary Valaris is the world's largest offshore driller by fleet numbers. Following a widescale industry bust, offshore drilling is progressively coming back online. Despite a fleet requiring calibration, Valaris is likely to benefit from this. Macroeconomic Overview B...

Summary Company releases very strong preliminary fourth quarter and full year 2022 guidance and provides 2023 guidance well above expectations. Not surprisingly, management is trying to capitalize on the momentum by addressing the company's last remaining near-term debt maturity. Di...

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. The conference call w...

Summary After the recent re-financing moves, the bankruptcy possibility looks now to be in the rearview mirror. The credit de-risking sent the stock a lot higher, but further growth should track closer the operational improvements in dayrates and utilization. The dayrate outlook is ...

Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) today issued a Fleet Status Report that provides the current status of the Company’s fleet of offshore drilling rigs along with certain contract information for these assets. The Fleet Status Report can be...

Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that Senior Vice President and Chief Financial Officer Chris Weber will present at Fearnley Securities’ Offshore Drilling Seminar in New York City on Wednesday, January 11, 2023, beginning ...

Summary Company to acquire the remains of its former Seadrill Partners subsidiary in an all-stock deal valued at close to $1 billion. Transaction will add important exposure to the U.S. Gulf of Mexico and significantly improve Seadrill's earnings and cash flow generation potential. ...