Valaris Limited (VAL)
Valaris Limited operates in the Oil & Gas Drilling industry of the Energy sector, headquartered in Hamilton, HA, BM. The stock last traded at $84.90, down 2.19% on the session, giving a market capitalisation of $5.88B. On trailing twelve-month figures it carries a trailing P/E of 6.30, a net margin of 44.0%. Its beta of 0.93 implies it has historically moved less than the broad market.
Valaris Limited, together with its subsidiaries, provides offshore contract drilling services in Brazil, the United Kingdom, Gulf of America, Australia, Angola, and internationally. It operates through four segments: Floaters, Jackups, ARO, and Other. The company owns an offshore drilling rig fleet, which includes drillships, dynamically positioned semisubmersible rigs, a moored semisubmersible rig, and jackup rigs. It also offers management services on rigs owned by third parties. The company serves international, government-owned, and independent oil and gas companies. Valaris Limited was founded in 1975 and is based in Hamilton, Bermuda.
Valaris Limited is most often compared with the following Energy names: