VAL News and Press, Valspar Corporation From 04/10/23

Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") will hold its first quarter 2023 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT) on Tuesday, May 2, 2023. The earnings release will be issued before the New York Stock Exchange opens that morning. The conference call will be ...

2023-04-10 14:35:43 ET Summary Leading offshore driller Borr Drilling Limited has announced an eagerly-awaited maiden contract for its last idle jackup rig "Hild." Adjusted for mobilization and demobilization fees, I would estimate a "clean" dayrate of between $150,000 and $160,00...

2023-04-09 02:42:15 ET Summary Seadrill recently reported an earnings beat largely based on one-time non-operational revenues. SDRL's painful history includes two bankruptcies since 2016. As a result of the most recent bankruptcy and a solid acquisition, SDRL has a strong bala...

2023-04-07 08:00:00 ET Summary Seadrill reported mixed results for the final quarter of its 2022 fiscal year, with revenue missing but earnings blowing past expectations. The company has done well to pay down debt, and its overall financial condition is undeniably decent. SDRL...

2023-04-04 23:26:54 ET Summary After a bankruptcy and timely acquisitions, Noble Corporation Plc is profitable on growing revenues. Based on the peer average EV/Sales and estimated FY 23 revenue, NE's fair value share price was estimated at $62.37. NE most recently traded at $...

Valaris Limited (NYSE: VAL) (“Valaris”) and its wholly-owned subsidiary, Valaris Finance Company LLC, announced today the pricing of their private placement (the “Offering”) under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “Securit...

2023-04-03 13:37:23 ET Valaris ( NYSE: VAL ) and its wholly-owned subsidiary, Valaris Finance plans to offer for sale to eligible purchasers in a private placement, $600M in principal amount of senior secured second lien notes due 2030. Net proceeds to be used for fun...

Valaris Limited (NYSE: VAL) (“Valaris”) and its wholly-owned subsidiary, Valaris Finance Company LLC, announced today that, subject to market conditions, they intend to offer (the “Offering”) for sale to eligible purchasers in a private placement under Rule 144A and Re...

2023-03-17 07:40:23 ET Summary Lone Pine Capital’s 13F portfolio value decreased marginally from $10.61B to $10.48B this quarter. They added Advanced Micro Devices and Moderna while dropping Autodesk, PayPal Holdings, Meta Platforms, and EQT Corp. They also increased Micros...

2023-03-08 11:16:00 ET Summary Given the uncertainty in energy markets, I believe oilfield services investors should concentrate on quality and profitability. 58 oilfield services equities were screened for profitability based on net income margin; only 33 were profitable over the...