VAL News and Press, Valspar Corporation From 06/05/23

2023-06-05 06:02:54 ET Summary Last month, Valaris reported better-than-expected Q1/2023 results and reiterated its full-year outlook, with improved profitability expected for the second half. The company also released a new fleet status report with a total backlog up by almost 15...

2023-05-30 09:07:56 ET Valaris ( NYSE: VAL ) has failed to achieve its key objectives since the company emerged from bankruptcy two years ago, shareholder Lodbrok Capital said Tuesday in a letter to the company's board. Lodbrok, which holds more than 3% of total Valaris ( ...

2023-05-22 08:00:00 ET Summary The market is awarding a rich earnings multiple to Valaris Limited. One that far exceeds most competitors. Things are improving in the offshore drilling space, as we will discuss, but there are still miles to go. We think investors should be caut...

2023-05-15 18:20:18 ET Elliott Investment Management, the hedge fund firm led by Paul Singer, took a new position in Reservoir Media ( NASDAQ: RSVR ) with a ~402K-share stake during Q1 2023 and increased stakes in Triple Flag Precious Metals ( NYSE: TFPM ) to ~135M shares ...

2023-05-09 15:49:52 ET Summary Leading offshore driller Transocean Ltd. reported first quarter results ahead of management's expectations and provided second quarter guidance essentially in line with consensus estimates. The company remains on track to deliver upon its full-year p...

2023-05-02 17:07:18 ET Summary VAL's earnings beat was exaggerated by one-time non-operational items, including a substantial tax adjustment. Still, FQ1 23 results continue a recent string of profitable quarters on improved revenues. I'm still on the fence with relation to VAL...

2023-05-02 11:33:04 ET Valaris Limited (VAL) Q1 2023 Earnings Conference Call May 02, 2023 10:00 AM ET Company Participants Darin Gibbins - Vice President of Investor Relations & Treasurer Anton Dibowitz - President & Chief Executive Officer Chris Weber -...

2023-05-02 01:39:07 ET Valaris press release ( NYSE: VAL ): Q1 GAAP EPS of $0.61 beats by $0.98 . Revenue of $430.1M (+35.1% Y/Y) beats by $15.02M . Adjusted EBITDA of $24M and Adjusted EBITDAR of $51M. Delivered revenue efficiency of 99%. Total liquidi...

Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that ARO Drilling, its 50/50 joint venture with Saudi Aramco, has appointed Mohamed Hegazi as Chief Executive Officer, effective immediately. Mohamed Hegazi previously served as Chief Executiv...

Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported first quarter 2023 results. President and Chief Executive Officer Anton Dibowitz said, “In the first quarter, we achieved strong revenue efficiency of 99% and won new contracts and extensions with associated contra...