Valaris Limited
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Anton Dibowitz
- Full Time Employees
- 5,070
- Sector
- Industrial services
- Industry
- Contract drilling
- Address
- 5847 San Felipe Hamilton TX Bermuda 77057
- IPO Date
- May 3, 2021
- CIK
- 0000314808
- Website
- valaris.com
- Similar Companies
- Business
- Valaris Limited (NYSE: VAL), the world's largest offshore drilling contractor, owns and operates a fleet of 52 rigs including 11 ultra-deepwater drillships, five semisubmersibles, 36 jackups, and managed platforms; provides contract drilling services to major integrated oil companies, national oil companies and independent exploration and production operators across all water depths and environments; and delivers specialized equipment leasing, maintenance, well program support and innovative offshore solutions with a focus on safety, efficiency and technological advancement. Headquartered in Houston, Texas with operations spanning six continents including key regions in the North Sea, Middle East, Egypt, U.S. Gulf of Mexico, Brazil, West Africa, Asia-Pacific and Mexico, the company traces its roots to 1975 through predecessor entities and emerged from a 2021 bankruptcy restructuring as a Bermuda-incorporated entity following its 2019 merger with Rowan Companies. Recent developments include a $140 million five-well drillship contract with BP Exploration Delta Limited for VALARIS DS-12 in Egypt commencing Q2 2026 with three option wells; $190 million in new North Sea and Middle East awards and extensions such as 194-day work for VALARIS 121 with Shell, 150-day extension for VALARIS Norway with Ithaca Energy, accommodation support contracts with GE Vernova and Shell for offshore wind projects, and two 2.5-year drillship deals with Occidental Petroleum starting June 2026; sale of jackup VALARIS 247 for $108 million in August 2025; and a contract backlog exceeding $4.5 billion as of late October 2025, alongside Q3 2025 revenue growth to $157 million driven by higher operating days.
Company News
Kapitalo Investimentos Ltda Makes New Investment in Valaris Limited $VAL
Transocean Advances $5.8B Valaris Deal With Brazil Antitrust Nod
Valaris Schedules Third Quarter 2026 Earnings Release
Valaris Limited (VAL) – What Are Investment Firms Saying About This Stock?
Valaris' Latest Contract Awards Add $220M to Contract Backlog
Valaris Announces Contract Awards and Fleet Status Updates
Transocean Moves Ahead With $5.8B Valaris Deal After DOJ Nod
Financial Review: Valaris (NYSE:VAL) vs. Tetra Technologies (NYSE:TTI)
Valaris (VAL) Soars 8.6%: Is Further Upside Left in the Stock?
Is Valaris Ltd (VAL) Overvalued After 8.6% Rally? GF Value Says Overvalued
Why Valaris Rallied Today
Offshore Oil Stocks Rally While the Broad Market Slips: Transocean Climbs 6%, Valaris Rises 6%, W&T Offshore Gains 6%
Are SMTI, LAB, ATKR, VAL Obtaining Fair Deals for their Shareholders?
Are SMTI, LAB, ATKR, VAL Obtaining Fair Deals for their Shareholders?
$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Proxy and Looming Shareholder Merger Vote --VRME, VAL, LAB and FTHM
INVESTOR ALERT: The M&A Class Action Firm Launches Investigation of the Merger--IRDM, VRME, VAL and LAB
Valaris (NYSE:VAL) Shares Up 7.6% on Analyst Upgrade
Valaris Limited (VAL) Tops Q2 Earnings and Revenue Estimates
Valaris Issues Fleet Status Report
Valaris Reports Second Quarter 2026 Results