Valaris/$VAL

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About Valaris

Valaris Ltd is an offshore contract drilling company. The company provides offshore contract drilling services to the international oil and gas industry with operations in almost every offshore market across six continents. Its business consists of four operating segments: Floaters, which includes drillships and semisubmersible rigs; Jackups; ARO; and Other, which consists of management services on rigs owned by third parties. It generates the majority of its revenue from the Floaters segment.

Ticker

$VAL
Sector

Primary listing

NYSE

Employees

4,130

Headquarters

Hamilton, Bermuda

Valaris Metrics

BasicAdvanced
$3.7B
13.55
$3.84
1.16
-

Bulls say / Bears say

Valaris increased its contract backlog to about $4.7 billion, up by $0.5 billion from April 30, 2025, after winning more than $1 billion of new contracts and extensions, showing strong market demand.
Valaris finished Q1 2025 with $441.4 million in cash and equivalents and $375 million of available borrowing under its revolving credit facility, with no major debt due until 2030, providing balance sheet flexibility.
The company secured multi-year contracts worth over $760 million for two 7th-generation drillships (a 940-day extension for DS-16 and a new 914-day contract for DS-18), plus a $135 million five-well deal in West Africa, highlighting solid demand for its premium rigs.
The floaters segment, which generates most of Valaris’ revenue, saw contract drilling revenues fall 10% sequentially to $319.7 million in Q2 2025, reflecting volatility in its primary earnings source.
Jackup contract backlog dropped to $1.354 billion as of July 24, 2025, from $1.410 billion on April 30, 2025, signaling weaker demand in the shallow-water segment.
Valaris holds $1.1 billion of 8.375% second lien notes due in 2030, resulting in significant annual interest costs and creating refinancing risk if credit conditions worsen.
Data summarised monthly by Lightyear AI. Last updated on 4 Sept 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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