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Noble Corp. ( NE -10.2% ) and Valaris ( VAL -10.1% ) plunge after Credit Suisse downgraded shares to Underperform from Neutral, citing near-term liquidity concerns. More news on: Noble Corporation plc, Valaris plc, Energy stocks news, Stocks on the move, Read more ...
Tidewater ( TDW ) has just reported its first-quarter results. While the offshore drilling industry is heading into mass restructuring (see my recent articles about Diamond Offshore ( DO ), Transocean ( RIG ), Valaris ( VAL ), Pacific Drilling ( PACD ) and Noble Corp . ( NE )), the ...
Note: I have covered Transocean (NYSE: RIG ) previously, so investors should view this as an update to my earlier articles on the company. Last week, leading offshore driller Transocean reported Q1/2020 results largely in line with expectations but on the conference call lowere...
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. On Thursday, leading offshore driller Valaris released financial results for the first quarter 2020 which came in largely in line with...
The coronavirus pandemic that Saudi Arabia used to launch an all-out war for global market share has turned into an absolute rout. Nearly every corner of the oil world has been affected, and billions of dollars in investor capital has already been destroyed. Eventually the market will turn and t...
Offshore driller Valaris ( VAL +6.5% ) says it could take up to two years to reactivate idle equipment, as contracts dry up during the rout in oil prices. More news on: Valaris plc, Energy stocks news, Stocks on the move, Read more ...
Valaris (VAL) has just reported its first-quarter results and they look very ugly. The company reported revenue of $457 million and net loss of $3 billion (!) which was driven by the decision to scrap modern rigs. Finally, this day has come: a major driller decided to scrap modern floaters...
Valaris PLC (VAL) Q1 2020 Earnings Conference Call April 30, 2020, 10:00 ET Company Participants Nick Georgas - VP, IR & Corporate Communications Thomas Burke - President, CEO & Director Jonathan Baksht - EVP & CFO Conference Call Participants Presentation ...
Valaris (NYSE: VAL ): Q1 Non-GAAP EPS of -$1.66 misses by $0.15 ; GAAP EPS of -$15.19 misses by $13.65 . Revenue of $457M (+12.6% Y/Y) misses by $8.41M . Press Release More news on: Valaris plc, Earnings news and commentary, Energy stocks news, ,
LONDON , April 29, 2020 /PRNewswire/ -- Valaris plc (NYSE: VAL) ("Valaris" or the "Company") today reported a net loss attributable to the Company of $3.01 billion , or $15.19 per share, for first quarter 2020 compared to a net loss of $216 million , or $1.09 per share, in four...
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Valspar Corporation Company Name:
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Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") will hold its first quarter 2024 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT) on Thursday, May 2, 2024. The earnings release will be issued before the New York Stock Exchange opens that morning. The conference call will be...
Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that ARO Drilling (“ARO”), its joint venture in Saudi Arabia, received a notice of suspension from Aramco for one of its 19 contracted rigs, jackup VALARIS 143 (EXL I). The rigȁ...
2024-03-27 18:12:00 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...