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VAL News and Press, Valspar Corporation From 08/30/23

Stock Information

Company Name: Valspar Corporation
Stock Symbol: VAL
Market: NYSE
Website: valaris.com

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VAL - Bristow Group: Upgrading On Constructive Outlook And Discounted Valuation - Buy

2023-08-30 23:35:40 ET Summary Leading helicopter services provider Bristow Group reported sequentially improved quarterly results mostly due to higher fleet utilization. VTOL reaffirmed full-year expectations with substantial, additional progress projected for next year. Elev...

VAL - Valaris: Buy On Strong Medium-Term Earnings Outlook And Inexpensive Valuation

2023-08-21 21:52:05 ET Summary Valaris reported somewhat better-than-expected Q2 results, but unfavorable working capital movements and higher capex resulted in substantially negative free cash flow. Required reactivation of the drillship Valaris DS-7 caused management to lower ne...

VAL - Borr Drilling: Q2 Results And Outlook Disappoint - Buy On Weakness

2023-08-17 22:27:03 ET Summary Leading offshore driller Borr Drilling reported mixed Q2/2023 results and reduced full-year EBITDA guidance by approximately 10%. Comprehensive refinancing and initiation of a shareholder return policy are not likely to happen before some time next y...

VAL - Still Nope To NOPE

2023-08-10 14:00:02 ET Summary Still good security selection for Noble Absolute Return ETF, but bad sizing discipline. What happened with that combination? Catastrophe. I'm sorry this worked. SA Security selection is fun. Shorting is even ...

VAL - Valaris announces pricing of $400M upsized private placement

2023-08-07 17:13:11 ET Valaris Limited ( NYSE: VAL ) on Monday announced pricing of $400M upsized private placement of additional 8.375% senior secured second lien notes due 2030. The Offering was upsized to $400M from the original offering size of $350M in aggregate principal...

VAL - Valaris Limited Announces Pricing of $400 Million Upsized Private Placement of Additional 8.375% Senior Secured Second Lien Notes Due 2030

Valaris Limited (NYSE: VAL) (“Valaris”) and its wholly-owned subsidiary, Valaris Finance Company LLC (together with Valaris, the “Issuers”), announced today the pricing of their private placement (the “Offering”) under Rule 144A and Regulation S of the Se...

VAL - Noble Corporation: Solid Quarter And Strong Long-Term Prospects - Buy

2023-08-07 15:56:46 ET Summary Noble Corporation Plc reported profitable Q2 results with Adjusted EBITDA margin of 29% reaching a new multi-year high. In addition, Noble generated $104 million in free cash flow. In addition to initiating a quarterly cash dividend of $0.30 per shar...

VAL - Valaris Limited Announces $350 Million Private Placement of Additional 8.375% Senior Secured Second Lien Notes Due 2030

Valaris Limited (NYSE: VAL) (“Valaris”) and its wholly-owned subsidiary, Valaris Finance Company LLC (together with Valaris, the “Issuers”), announced today that, subject to market conditions, they intend to offer (the “Offering”) for sale to eligible pur...

VAL - Valaris Limited (VAL) Q2 2023 Earnings Call Transcript

2023-08-02 11:39:12 ET Valaris Limited (VAL) Q2 2023 Earnings Conference Call August 02, 2023 10:00 AM ET Company Participants Darin Gibbins - Vice President, Investor Relations & Treasurer Anton Dibowitz - President & Chief Executive Officer Chris Weber ...

VAL - Valaris GAAP EPS of -$0.39 misses by $0.16, revenue of $415.2M beats by $11M

2023-08-02 00:45:18 ET Valaris press release ( NYSE: VAL ): Q2 GAAP EPS of -$0.39 misses by $0.16 . Revenue of $415.2M (+0.5% Y/Y) beats by $11M . Adjusted EBITDA of $15 million and Adjusted EBITDAR of $59 million. Delivered revenue efficiency of 97%. C...

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