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Continued Strong Operational Performance – 99% Revenue Efficiency in 1Q 2022 Four Floater Reactivation Projects in Progress for Contracts Expected to Commence in 2Q 2022 Drillship VALARIS DS-12 Awarded Contract Offshore West Africa Jackups VALARIS 113 and 114 Sold for a Tot...
Valaris (NYSE:VAL) Q1 consensus EPS estimate is -$0.84 (-115.4% Y/Y) and consensus revenue estimate is $294.8M (-4.0% Y/Y). VAL is scheduled to announce Q1 earnings results tomorrow, May 3, before market open. Over the last 1 year, VAL has beaten EPS estimates 25% of the time a...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s no secret that oil and gas prices are surging. As they do so, investors are rushing to bolster their allocations to the energy industry. It’s important to realize that there is a great difference in poten...
Company to sell two cold-stacked jackup rigs to ADES for aggregate sales proceeds of $125 million. Divestiture will help offset elevated rig reactivation costs expected for the first half of this year while reducing operating expenses by an estimated $3.5 million annually. Transac...
Valaris (NYSE:VAL) on Wednesday said it had sold two jackup rigs for $125M to ADES Saudi, an oil and gas drilling and production services provider in the Middle East and Africa. The two rigs, VALARIS 113 and 114, are PPL Pacific Class 400 jackups. Both were delivered in 2012. VAL said both ja...
Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that it has sold heavy duty modern jackups VALARIS 113 and 114 to ADES Saudi Limited for a total of $125 million. VALARIS 113 and 114 are PPL Pacific Class 400 jackups, both delivered in...
Palm Beach, FL – April 20, 2022 – FinancialNewsMedia.com News Commentary – Drilling may sound dull, but for geologists and interested parties it’s the ultimate treasure hunt. Cracking open the earth’s crust, holds the same excitement as unwrapp...
Noble and Maersk Drilling reveal the likely requirement to divest a material part of the combined company's jackup fleet to obtain UK antitrust clearance. Divestment would have a material impact on the new Noble Corporation's earnings power. Particularly the potential loss of the worl...
Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") will hold its first quarter 2022 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT) on Tuesday, May 3, 2022. The earnings release will be issued before the New York Stock Exchange opens that morning. The conference cal...
Valaris (NYSE:VAL) announced new contracts and contract extensions, with associated contract backlog of $181M, awarded subsequent to issuing the company’s most recent fleet status report on February 21, 2022. Two-year contract extensions with BP in the U.S. Gulf of Mexic...
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Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") will hold its second quarter 2024 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT) on Thursday, August 1, 2024. The earnings release will be issued before the New York Stock Exchange opens that morning. The conference call wil...
2024-06-25 09:16:00 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...
2024-06-16 14:58:00 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...