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Valaris (NYSE: VAL ) says it received contract terminations for two rigs operating offshore Angola, one from Total and one from Chevron. More news on: Valaris plc, Energy stocks news, Read more ...
LONDON , March 26, 2020 /PRNewswire/ -- Valaris plc (NYSE: VAL) ("Valaris" or the "Company") announced today that the Company continues actively working to recover or replace the blowout preventer (BOP) stack on VALARIS DS-8 following a non-drilling incident earlier this month. On March ...
New York City, NY: March 23, 2020 - Published via (Wired Release) - Recent Research and Future Market Potential of Coil Coatings Market in Global Industry: 2020 Research and New Innovations in Oil and Gas Sector. The prime objective of the report is to offer updates and information relat...
Valaris (NYSE: VAL ) is considering debt restructuring options as it grapples with a recent rig accident and the broad collapse in energy prices, Reuters reports. More news on: Valaris plc, Energy stocks news, Stocks on the move, Read more ...
The outlook is grim for smaller oilfield services companies (NYSEARCA: OIH ) needing credit, as drilling work dries up and oil prices collapse and the coronavirus threatens to wreck global demand, Moody's analyst Sreedhar Kona says in a new report. More news on: VanEck Vectors Oil Servi...
Oilfield services and drilling companies working in North America hold ~$32B of debt due to mature in 2020-24, Moody's says in a new report. More news on: Transocean Ltd., Valaris plc, Nabors Industries Ltd., Energy stocks news, Stocks on the move, News on ETFs, Read more ...
Several months have passed since Seadrill ( SDRL ) announced that it was in discussions with its banks. With no amortization of debt until 2021 and no maturities until 2022, Seadrill was in a position to wait for more robust dayrate recovery and try to persuade banks to kick the can down the...
At the beginning of this week, I wrote about Russia's reasons for abandoning the OPEC deal in an article titled " Why Russia Killed The OPEC Deal ". It did not take long for Russia to explain its reasons in an exclusive interview for Reuters. Those investors who are seriously interested in t...
Offshore oil stocks are taking it on the chin once again today. As of 12:49 p.m. EDT on March 11, seven of the biggest offshore drilling and offshore/undersea services providers have seen their shares fall between 7% and 35%. Their losses from their 2020 highs are absolutely staggering, with sto...
Note: Valaris PLC (NYSE: VAL ) has been covered by me previously, so investors should view this as an update to my earlier articles on the company. After recent events, it might be time for leading offshore driller Valaris investors and bondholders to prepare for restructuring its ...
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2024-05-24 20:30:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-05-10 07:15:04 ET Barclays analyst issues OVERWEIGHT recommendation for VAL on May 10, 2024 05:56AM ET. The previous analyst recommendation was Overweight. VAL was trading at $74.59 at issue of the analyst recommendation. The overall analyst consensus : BUY. Cur...