Valaris Limited

NYSE•VAL

CEO: Mr. Anton Dibowitz CPA

Sector: Energy

Industry: Oil & Gas Equipment & Services

Listing Date: 2021-05-03

Valaris Limited, together with its subsidiaries, provides offshore contract drilling services Gulf of Mexico, South America, North Sea, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Floaters, Jackups, ARO, and Other. It 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. Valaris Limited was founded in 1975 and is based in Hamilton, Bermuda.

Contact Information

Clarendon House, 2 Church Street, Hamilton, HM 11, Bermuda

N/A

www.valaris.com

Market Cap

$6.49B

P/E (TTM)

6.6

26.2

Dividend Yield

52W High

$102.20

52W Low

$27.15

52W Range

89%

Rank63Top 94.0%

1.8

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 1.8 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$537.40M+0.00%

4-Quarter Trend

EPS

$10.32+0.00%

4-Quarter Trend

FCF

-$38.52M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Operating Income Rises 35% Operating income reached $477.0M in 2025, marking a strong 35% increase over prior year results.

Net Income Jumps 163% Net income attributable to Valaris soared to $982.8M, reflecting a 163% increase driven by tax benefits.

Contract Backlog Significantly Grows Contract backlog increased to $4.67B as of February 2026, up substantially from $3.61B last year.

Drilling Expenses Reduced Total contract drilling expenses decreased by $131.2M, reflecting 7% reduction due to rig stacking/retirements.

Risk Factors

Business Combination Uncertainty Pending Business Combination with Transocean may be delayed or fail, potentially impacting market perception.

Volatile Oil Price Dependency Success depends on offshore activity levels, significantly affected by volatile oil and natural gas prices.

Cybersecurity and Technical Risks Network systems face cybersecurity threats, including AI-related vulnerabilities, risking operational disruptions and financial impact.

Contract Realization Uncertainty Current contract drilling revenue backlog of $4.67B may not be fully realized or could decline significantly.

Outlook

Transocean Combination Expected Expect completion of the Business Combination with Transocean, resulting in combined ownership split of 53%/47%.

Capital Expenditures Projected Expect 2026 capital expenditures between $425.0M and $475.0M, primarily for maintenance and upgrades.

Fleet Strategy Focus Strategy focuses on ultra-deepwater floaters and premium jackups, opportunistically monetizing non-core assets.

Sustainability Compliance Costs Sustainability initiatives and evolving GHG regulations will require ongoing investment in systems and cooperation.

Peer Comparison

Revenue (TTM)

PBF

$29.33B

-11.4%

UGP

$25.57B

+7.1%

CVI

$7.16B

-5.9%

Gross Margin (Latest Quarter)

MUR

171.1%

+144.1pp

WHD

92.8%

-3.7pp

VIST

63.6%

-19.7pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
VIST	$6.75B	9.3	37.3%	46.4%
VAL	$6.49B	6.6	38.7%	22.5%
AROC	$6.07B	18.7	22.7%	55.7%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-4.7%

Flat Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 28, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data