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VAL

VAL - Valaris plc Stock Price, Fair Value and News

75.63USD-1.95 (-2.51%)Market Closed

Market Summary

VAL
USD75.63-1.95
Market Closed
-2.51%

VAL Alerts

  • Big fall in earnings (Y/Y)

VAL Stock Price

View Fullscreen

VAL RSI Chart

VAL Valuation

Market Cap

5.5B

Price/Earnings (Trailing)

6.37

Price/Sales (Trailing)

2.91

EV/EBITDA

29.91

Price/Free Cashflow

-8.44

VAL Price/Sales (Trailing)

VAL Profitability

EBT Margin

5.41%

Return on Equity

42.55%

Return on Assets

19.75%

Free Cashflow Yield

-11.85%

VAL Fundamentals

VAL Revenue

Revenue (TTM)

1.9B

Rev. Growth (Yr)

22.06%

Rev. Growth (Qtr)

8.52%

VAL Earnings

Earnings (TTM)

860.0M

Earnings Growth (Yr)

-45.4%

Earnings Growth (Qtr)

-96.89%

Breaking Down VAL Revenue

Last 7 days

7.8%

Last 30 days

4.8%

Last 90 days

8.4%

Trailing 12 Months

35.3%

How does VAL drawdown profile look like?

VAL Financial Health

Current Ratio

1.57

Debt/Equity

0.53

Debt/Cashflow

0.13

VAL Investor Care

Dividend Yield

0.02%

Dividend/Share (TTM)

0.01

Buy Backs (1Y)

3.68%

Diluted EPS (TTM)

11.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.9B000
20231.7B1.7B1.7B1.8B
20221.5B1.4B1.5B1.6B
20211.3B1.3B1.6B1.6B
20202.1B1.9B1.6B1.4B
20191.7B1.8B1.9B2.1B
20181.8B1.8B1.8B1.7B
20172.4B2.0B1.9B1.8B
20163.7B3.6B3.1B2.8B
20154.7B4.6B4.4B4.1B
20144.4B4.5B4.5B4.6B
20133.9B4.1B4.2B4.3B
20123.4B3.8B3.9B3.9B
20111.6B1.8B2.2B2.8B
20101.9B1.8B1.8B1.7B
20092.2B2.1B1.8B1.9B
200802.0B2.1B2.2B
20070001.9B
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Tracking the Latest Insider Buys and Sells of Valaris plc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 08, 2024
hughes catherine
sold (taxes)
-35,576
71.01
-501
-
Jun 08, 2024
munganahalli deepak
sold (taxes)
-8,095
71.01
-114
-
Apr 01, 2024
barron melissa
acquired
-
-
159
controller
Mar 05, 2024
lyne matthew
acquired
-
-
6,321
svp - cco
Mar 05, 2024
vukadin davor
acquired
-
-
3,678
svp & general counsel
Mar 05, 2024
dibowitz anton
acquired
-
-
17,775
president & ceo
Mar 05, 2024
luca gilles
acquired
-
-
6,321
svp - coo
Mar 05, 2024
weber christopher t
acquired
-
-
6,321
svp - cfo
Aug 09, 2023
grable colleen
sold
-377,550
75.00
-5,034
vp - controller
Aug 07, 2023
oak hill advisors lp
sold
-307,020,000
73.1
-4,200,000
-

1–10 of 50

Which funds bought or sold VAL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
added
180
14,833
23,747
-%
May 31, 2024
Lancaster Investment Management
sold off
-100
-27,436,000
-
-%
May 28, 2024
Boston Partners
added
6.5
96,940
670,870
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
-
3,000
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
2,000
17,000
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
135,000
1,521,000
0.01%
May 20, 2024
BLUEFIN CAPITAL MANAGEMENT, LLC
added
4.32
173,190
1,597,220
0.25%
May 20, 2024
Virtu Financial LLC
new
-
582,000
582,000
0.04%
May 17, 2024
VIMA LLC
added
100
19.00
44.00
-%
May 16, 2024
Lumbard & Kellner, LLC
added
1.78
614,244
5,858,620
2.85%

1–10 of 41

Are Funds Buying or Selling VAL?

Are funds buying VAL calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own VAL
No. of Funds

Unveiling Valaris plc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
orbis investment management ltd
7.9%
5,762,092
SC 13G
Feb 09, 2024
fmr llc
-
0
SC 13G
Feb 08, 2024
blackrock inc.
10.1%
7,364,239
SC 13G/A
Dec 06, 2023
blackrock inc.
10.0%
7,303,034
SC 13G/A
Aug 09, 2023
oak hill advisors lp
6.48%
4,766,016
SC 13D/A
Jun 08, 2023
famatown finance ltd
7.17%
0
SC 13D/A
Feb 13, 2023
goldentree asset management lp
2.8%
2,117,025
SC 13G/A
Feb 10, 2023
blackrock inc.
5.4%
4,041,827
SC 13G
Jan 27, 2023
famatown finance ltd
7.17%
0
SC 13D/A
Jan 19, 2023
lodbrok capital llp
3.99%
3,000,003
SC 13G/A

Recent SEC filings of Valaris plc

View All Filings
Date Filed Form Type Document
Jun 11, 2024
4
Insider Trading
Jun 11, 2024
4
Insider Trading
May 02, 2024
8-K
Current Report
May 02, 2024
10-Q
Quarterly Report
May 01, 2024
8-K
Current Report
Apr 17, 2024
DEFA14A
DEFA14A
Apr 17, 2024
DEF 14A
DEF 14A
Apr 17, 2024
ARS
ARS
Apr 03, 2024
4
Insider Trading
Mar 07, 2024
4
Insider Trading

Peers (Alternatives to Valaris plc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
62.6B
-
-8.29% -6.78%
14.44
16.47
-86.47% 12.21%
29.9B
23.1B
-7.45% 5.69%
11.51
1.29
6.71% 32.21%
10.5B
8.1B
-5.68% 69.64%
49.53
1.29
18.75% 572.06%
MID-CAP
7.1B
8.8B
-3.78% 19.53%
7.24
0.81
14.70% 198.19%
5.9B
3.7B
-8.05% 12.11%
16.2
1.58
-4.02% 100.20%
3.7B
4.6B
2.13% 63.84%
7.77
0.81
-1.29% -16.22%
2.9B
1.0B
-2.87% 89.29%
22.77
2.86
17.17% 118.50%
SMALL-CAP
1.4B
2.3B
-0.15% 35.30%
6.08
0.63
2.36% 83.72%
681.3M
-
6.73% -20.18%
28.73
1.36
- -
623.4M
443.5M
-3.85% -23.96%
-28.74
1.41
19.98% -325.36%
344.8M
386.1M
17.68% 82.03%
-36.38
0.89
9.26% 57.09%
265.2M
701.7M
-5.17% -27.32%
9.5
0.38
0.29% 69.75%

Valaris plc News

Latest updates
Defense World31 May 202407:00 am
Seeking Alpha02 May 202407:00 am
Yahoo Finance01 May 202407:00 am

Valaris plc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Revenue8.5%525,000,000483,800,000455,100,000415,200,000430,100,000433,600,000437,200,000413,300,000318,400,000305,500,000326,700,000529,500,000397,400,000307,100,000296,500,000285,300,000388,800,000456,600,000512,100,000551,300,000583,900,000
Costs and Expenses9.8%498,100,000453,800,000440,900,000424,400,000424,900,000401,100,000378,500,000437,600,000372,600,000324,300,000326,200,000197,900,0001,290,600,0001,156,500,000465,400,000501,700,0001,402,800,0003,502,100,000697,500,000783,800,000741,900,000
  S&GA Expenses9.1%26,500,00024,300,00024,200,00026,400,00024,400,00023,900,00019,200,00019,000,00018,800,000-17,250,00027,200,00012,700,00030,700,00024,300,00026,500,00072,100,00062,600,00053,400,00042,000,00036,100,00081,200,000
EBITDA Margin3.9%0.110.100.270.310.390.380.690.680.54-2.31-2.87-3.05-4.14--------
Interest Expenses-------------2,400,000--------
Income Taxes101.6%12,900,000-790,200,00010,700,00024,500,000-27,600,0009,800,00013,800,00020,200,000-700,000-54,350,00053,300,00015,100,00016,200,00031,700,000-113,500,00021,900,000-15,800,000-152,000,00062,800,0001,500,00032,600,000
Earnings Before Taxes0.3%38,400,00038,300,00027,700,000-2,800,00021,000,00040,900,00091,500,000133,000,000-40,500,0001,300,000500,00011,000,000-4,447,600,000-875,900,000-182,600,000-650,100,000-1,124,600,000-3,159,700,000-151,200,000-196,000,000439,900,000
EBT Margin14.6%0.050.050.050.090.170.140.130.07-0.02-2.84-3.40-3.59-4.79--------
Net Income-96.9%25,500,000819,450,00012,900,0002,100,00046,700,00043,000,00046,700,000111,600,000-38,600,0002,278,350,000-54,500,0002,100,000-4,467,000,0002,400,000-70,900,000-670,900,000-1,107,400,000-3,006,300,000-216,000,000-1,400,000405,500,000
Net Income Margin-7.3%0.460.490.080.120.120.081.571.601.48-1.44-3.48-4.90-6.35--------
Free Cashflow65.9%-125,000,000-366,300,000-57,600,000-100,100,00095,400,000100,800,00032,800,000-175,900,000-37,700,000-33,800,000-8,700,000-34,000,000-48,600,000--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Assets0.7%4,3544,3223,4853,0882,9512,8602,8212,7612,6382,6032,6032,6022,59611,94712,87312,91113,03914,02516,93117,23118,440
  Current Assets-5.9%1,1981,2721,7281,4471,3961,3461,3431,2811,1731,2071,2281,2181,2121,1251,1731,0651,0661,1061,0641,1842,223
    Cash Equivalents-20.4%4946211,04178784474942457760864565566260829232618020218597.00130959
  Net PPE6.0%1,7321,6341,1601,0741,01697795493293089189289890910,08410,96111,08211,19312,15715,09715,25115,456
Liabilities0.0%2,3242,3252,2851,8221,5991,562---------------
  Current Liabilities2.2%7617447236595925045195475234224273973914674273883,0688858318601,899
  Long Term Debt0.1%1,0801,0791,079682543542542546546545545545----4,0926,1495,9246,0426,020
    LT Debt, Current-----------------2,5182251251261,125
    LT Debt, Non Current0.1%1,0801,0791,079682543542542546546545545545----4,0926,1495,9246,0426,020
Shareholder's Equity1.7%2,0211,9881,18414.0010.0015.0016.0016.0016.001,0831.001,0791,0963,46383.008,64483.0083.006728,63583.00
  Retained Earnings2.5%1,0511,02619017720716011440.00-71.60-16.40-60.70-6.20--5,093-4,183-4,112-3,442-2,3346728881,085
  Additional Paid-In Capital0.7%1,1281,1201,1121,1101,1041,0981,0921,0901,0861,0831,0801,0791,0798,6448,6408,6378,6408,6358,6288,6188,608
Accumulated Depreciation10.4%28225522820218115713411189.0066.0041.0017.00-2,0422,2492,1332,0282,3053,2973,1423,017
Shares Outstanding0%72.0072.0073.0074.0075.0075.0075.0075.0075.0075.0075.0075.00---------
Minority Interest0%9.009.0016.0012.0010.008.006.003.002.003.003.001.00-1.10-1.90-4.30-6.10-5.00-2.70-1.30-0.902.00
Float----4,100---2,800---1,900----105---21.00
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Cashflow From Operations-72.8%26,30096,70048,200-29,100151,700154,70086,300-114,800800-7,3006,900-25,900-39,900-31,700144,700-15,300-176,700-204,400150,600-134,100-269,000
  Share Based Compensation2.6%8,0007,8006,8007,0005,7005,9004,6003,5003,4002,7001,600-4,8003,8003,6004,3005,7007,8008,6009,50013,900
Cashflow From Investing67.2%-151,300-461,900-105,700-42,000-56,200169,600-233,20084,100-37,200-2,900-14,300-7,90021,400-2,300-3,30014,600-27,400-25,900-40,00096,000940,300
Cashflow From Financing97.2%-1,600-56,400309,50032,400---6,200-200----388,700-3,800-21,000221,100318,300-143,200-791,200-10,600
  Dividend Payments----------------------
  Buy Backs-100.0%-51,20083,000------------------
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VAL Income Statement

2024-03-31
Condensed Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
OPERATING REVENUES$ 525.0$ 430.1
OPERATING EXPENSES  
Contract drilling (exclusive of depreciation)444.8377.2
Depreciation26.823.3
General and administrative26.524.4
Total operating expenses498.1424.9
Equity in earnings of ARO(2.4)(3.3)
OPERATING INCOME29.38.5
OTHER INCOME (EXPENSE)  
Interest income21.023.0
Interest expense, net(17.7)(11.1)
Other, net5.80.6
OTHER INCOME (EXPENSE), NET9.112.5
INCOME BEFORE INCOME TAXES38.421.0
PROVISION (BENEFIT) FOR INCOME TAXES  
Current income tax expense (benefit)10.9(32.2)
Deferred income tax expense2.04.6
Total provision for income taxes12.9(27.6)
Net income25.548.6
NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS0.0(1.9)
NET INCOME ATTRIBUTABLE TO VALARIS$ 25.5$ 46.7
EARNINGS PER SHARE  
Basic (in dollars per share)$ 0.35$ 0.62
Diluted (in dollars per share)$ 0.35$ 0.61
WEIGHTED-AVERAGE SHARES OUTSTANDING  
Basic (in shares)72.475.2
Diluted (in shares)73.676.4

VAL Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS  
    Cash and cash equivalents$ 494.1$ 620.5
Restricted Cash15.015.2
    Accounts receivable, net510.9459.3
    Other current assets177.6177.2
Total current assets1,197.61,272.2
PROPERTY AND EQUIPMENT, AT COST2,014.01,889.0
    Less accumulated depreciation281.7255.2
Property, Plant and Equipment, Net, Total1,732.31,633.8
LONG-TERM NOTES RECEIVABLE FROM ARO289.3282.3
INVESTMENT IN ARO126.8124.4
DEFERRED TAX ASSETS854.8855.1
OTHER ASSETS153.6154.4
Total assets4,354.44,322.2
CURRENT LIABILITIES  
Accounts payable - trade394.2400.1
Accrued liabilities and other366.5344.2
Total current liabilities760.7744.3
LONG-TERM DEBT1,080.11,079.3
Deferred Income Tax Liabilities, Net31.629.9
OTHER LIABILITIES451.7471.7
Total liabilities2,324.12,325.2
COMMITMENTS AND CONTINGENCIES
VALARIS SHAREHOLDERS' EQUITY  
Common shares, $0.01 par value, 700.0 shares authorized, 75.4 shares issued, 72.4 shares outstanding as of March 31, 2024 and December 31, 20230.80.8
Preference shares, $0.01 par value, 150.0 shares authorized, no shares issued as of March 31, 2024 and December 31, 20230.00.0
Stock warrants16.416.4
Additional paid-in capital1,127.71,119.8
Retained earnings1,051.01,025.5
Accumulated other comprehensive income25.125.2
Treasury shares, at cost, 3.0 shares as of March 31, 2024 and December 31, 2023(200.1)(200.1)
Total Valaris shareholders' equity2,020.91,987.6
NONCONTROLLING INTERESTS9.49.4
Total equity2,030.31,997.0
Total liabilities and shareholders' equity$ 4,354.4$ 4,322.2
VAL
Valaris Limited provides offshore contract drilling services to the international oil and gas industry. The company owns an offshore drilling rig fleet, which include drillships, dynamically positioned semisubmersible rigs, moored semisubmersible rig, and jackup rigs. It serves international, government-owned, and independent oil and gas companies in the Gulf of Mexico, South America, the North Sea, the Middle East, Africa, and Asia Pacific. Valaris Limited was founded in 1975 and is based in Hamilton, Bermuda.
 CEO
 WEBSITEvalaris.com
 INDUSTRYOil - Services
 EMPLOYEES3933

Valaris plc Frequently Asked Questions


What is the ticker symbol for Valaris plc? What does VAL stand for in stocks?

VAL is the stock ticker symbol of Valaris plc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Valaris plc (VAL)?

As of Wed Jun 12 2024, market cap of Valaris plc is 5.62 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VAL stock?

You can check VAL's fair value in chart for subscribers.

What is the fair value of VAL stock?

You can check VAL's fair value in chart for subscribers. The fair value of Valaris plc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Valaris plc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VAL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Valaris plc a good stock to buy?

The fair value guage provides a quick view whether VAL is over valued or under valued. Whether Valaris plc is cheap or expensive depends on the assumptions which impact Valaris plc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VAL.

What is Valaris plc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Jun 12 2024, VAL's PE ratio (Price to Earnings) is 6.53 and Price to Sales (PS) ratio is 2.99. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VAL PE ratio will change depending on the future growth rate expectations of investors.