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

2023-10-23 03:44:53 ET Summary After the close of Wednesday's session, leading offshore driller Transocean released a rather disappointing fleet status report. While the company added approximately $745 million in incremental backlog, the vast majority was derived from previously ...

2023-10-13 16:19:00 ET Summary The company has experienced significant improvements in its economic outlook, with day rates for its ultra-deepwater fleet and harsh environment floaters increasing. Transocean's biggest challenge is its high debt levels, but the company is well-posi...

2023-10-05 12:41:11 ET Summary Valaris Limited is positioned for substantial cash flow growth from its highly valuable offshore drilling fleet. Industry supply constraints and high entry barriers create a favorable market landscape for Valaris Limited. The restructured balance...

2023-10-03 05:26:39 ET Summary Transocean's stock is struggling to break through the $9 resistance line, but could reach double digits this year. New drilling contracts and rising oil prices are positive indicators for offshore drillers. The current conditions for offshore dri...

2023-10-03 05:14:51 ET Summary Shares of leading offshore transportation services provider SEACOR Marine Holdings reached a new 52-week high last week. Three weeks ago, the company managed to refinance an aggregate $104.6 million in near-term debt maturities with a new $122 millio...

2023-09-13 17:41:54 ET Summary Diamond Offshore Drilling, Inc. successfully places $550 million in 8.50% senior secured notes due 2030. Proceeds will be used to repay all of the company's indebtedness and enhance liquidity. However, with the existing revolving credit facility ...

2023-09-13 09:46:34 ET Summary Energy is a complex topic, but one way to look at it is energy return on energy invested. I also look at energy density, where uranium is a clear winner. Wind and solar energy cannot support the energy demands of modern life and so-called renewable e...

2023-09-11 09:58:07 ET More on Valaris Valaris: Buy On Strong Medium-Term Earnings Outlook And Inexpensive Valuation Valaris: Shares Still Cheap Valaris wins $364M drillship contract, hikes stock buyback target to $200M For further details see: Valaris an...

2023-09-07 13:28:40 ET Summary Last week's registration statement has caused some flurry among investors with Transocean Ltd.'s largest shareholder, Frederik Mohn seemingly looking to dispose of some or even all its holdings in the company. With Mr. Mohn's overall return on his in...

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...