Valaris Limited Warrants
VAL-WT
New York Stock Exchange10.34
USD
+0.42
- -
CIK
0000314808
ISIN
BMG9460G1197
CUSIP
G9460G119
Return %
Stock
S&P500
1Y
158.50
18.86
3Y
-26.67
64.57
5Y
262.81
71.65
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Anton Dibowitz CPA
- Full Time Employees
- 4,130
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Address
- Clarendon House Hamilton HA Bermuda HM 11
- IPO Date
- May 3, 2021
- CIK
- 0000314808
- Website
- valaris.com
- Similar Companies
- Business
- Valaris Limited Warrants (VAL-WT) represent a financial instrument tied to Valaris Limited, a premier provider of offshore contract drilling services to the global oil and gas sector. The underlying company maintains one of the largest and most advanced fleets in the industry, featuring ultra-deepwater drillships, versatile semisubmersibles, and modern shallow-water jackup rigs. Valaris Limited conducts operations across major offshore basins on six continents, catering to international, government-owned, and independent energy companies. As of early 2025, the fleet comprises approximately 52 rigs, including a significant number of high-specification jackups and advanced drillships. The company's revenue is primarily generated through contracts for these drilling assets, supporting offshore exploration and production activities. These specific warrants, issued on April 30, 2021, as part of Valaris Limited's emergence from a financial reorganization, grant holders the right to acquire common shares of the company. Each warrant is initially exercisable for one common share at an exercise price of $131.88. The warrants are set to expire at 5:01 p.m., Eastern Time, on April 29, 2028, at which point any unexercised rights will terminate. Holders of these warrants do not possess shareholder rights until their exercise results in the acquisition of common shares. Valaris Limited continues to strategically manage its fleet, evidenced by recent contract awards in regions like Brazil, the North Sea, and Egypt, along with the divestment of older assets, contributing to a substantial contract backlog reported around $4.5 billion as of October 2025.