Latest News
Growing Backlog For Offshore Drillers Points To Coming Boom
Baystreet - Thu Nov 14, 6:02AM CST
Baystreet
Thu Nov 14, 6:02AM CST
Earlier in the year, we reported that the offshore oil and gas sector has been witnessing robust growth ...
3 Cheap Energy Stocks for Value Investors
Barchart - Fri Aug 30, 6:30AM CDT
Barchart
Fri Aug 30, 6:30AM CDT
As energy demand remains strong, here are three value picks from the sector for long-term investors.
Offshore Oil Is Booming With Vessel Markets Near All-Time High
Baystreet - Mon Jan 15, 5:33AM CST
Baystreet
Mon Jan 15, 5:33AM CST
The U.S. oil and gas sector has kicked off the new year on the backfoot with market sentiment as bearish ...
Big Oil Spending Spree: Should Investors Buy or Sell on the Acquisition Bonanza?
Motley Fool - Mon Oct 30, 2023
Motley Fool
Mon Oct 30, 2023
There are many ways to play the current merger boom in the oil patch.
Offshore Oil Stocks Flying As Investors Bet On A Deep Water Boom
Baystreet - Thu Jul 27, 2023
Baystreet
Thu Jul 27, 2023
Stocks of offshore oil and gas drillers and producers have gone on a tear after recent contracts broke ...
Stocks to Buy Now: Offshore Oil Is Set to Surge
Motley Fool - Sun Jun 11, 2023
Motley Fool
Sun Jun 11, 2023
A decade of focus on shale has left global oil producers running low on reserves. These offshore drillers are set to profit from the shift back to deepwater.
Valaris Announces Appointment of New ARO Drilling CEO
Business Wire - Mon May 1, 2023
Business Wire
Mon May 1, 2023
Valaris Limited (NYSE: VAL) (โValarisโ or the โCompanyโ) announced today that ARO Drilling, its 50/50 joint venture with Saudi Aramco, has appointed Mohamed Hegazi as Chief Executive Officer, effective immediately.
Valaris Provides Fleet Status Report
Business Wire - Mon May 1, 2023
Business Wire
Mon May 1, 2023
Valaris Limited (NYSE: VAL) (โValarisโ or the โCompanyโ) today issued a Fleet Status Report that provides the current status of the Companyโs fleet of offshore drilling rigs along with certain contract information for these assets. The Fleet...
Valaris Reports First Quarter 2023 Results
Business Wire - Mon May 1, 2023
Business Wire
Mon May 1, 2023
Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported first quarter 2023 results.
It's Time to Buy This Money-Burning Oil Subsector That's Turning Cash Cow
Motley Fool - Sun Apr 23, 2023
Motley Fool
Sun Apr 23, 2023
A newly recapitalized industry is healthy, and its customers are spending money.
Valaris Limited Announces Closing of $700 Million Private Placement of 8.375% Senior Secured Second Lien Notes Due 2030 and Availability of $375 Million Revolving Credit Facility
Business Wire - Wed Apr 19, 2023
Business Wire
Wed Apr 19, 2023
Valaris Limited (NYSE: VAL) (โValarisโ) and its wholly-owned subsidiary, Valaris Finance Company LLC, today announced the closing of their private placement (the โOfferingโ) under Rule 144A and Regulation S of the Securities Act of 1933, as...
Valaris Publishes 2022 Sustainability Report and Announces 2030 Carbon Emissions Reduction Target
Business Wire - Mon Apr 17, 2023
Business Wire
Mon Apr 17, 2023
Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today announced that it has issued its 2022 Sustainability Report, showcasing the Companyโs commitment to and advancement of its near- and long-term Environmental, Social and Governance...
Valaris Schedules First Quarter 2023 Earnings Release and Conference Call
Business Wire - Mon Apr 10, 2023
Business Wire
Mon Apr 10, 2023
Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") will hold its first quarter 2023 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT) on Tuesday, May 2, 2023. The earnings release will be issued before the New York Stock Exchange...
Valaris Limited Announces Pricing of $700 Million Upsized Private Placement of 8.375% Senior Secured Second Lien Notes Due 2030 and Entry into $375 Million Revolving Credit Facility
Business Wire - Tue Apr 4, 2023
Business Wire
Tue Apr 4, 2023
Valaris Limited (NYSE: VAL) (โValarisโ) and its wholly-owned subsidiary, Valaris Finance Company LLC, announced today the pricing of their private placement (the โOfferingโ) under Rule 144A and Regulation S of the Securities Act of 1933, as...
Valaris Limited Announces $600 Million Private Placement of Senior Secured Second Lien Notes Due 2030 and Issues Notice of Conditional Full Redemption for its Senior Secured First Lien Notes Due 2028
Business Wire - Mon Apr 3, 2023
Business Wire
Mon Apr 3, 2023
Valaris Limited (NYSE: VAL) (โValarisโ) and its wholly-owned subsidiary, Valaris Finance Company LLC, announced today that, subject to market conditions, they intend to offer (the โOfferingโ) for sale to eligible purchasers in a private placement...
2 Offshore Drilling Stocks Set to Extract Big Profits
MarketBeat - Fri Mar 10, 2023
MarketBeat
Fri Mar 10, 2023
Offshore drilling is back in the spotlight, with Valaris and Tidewater poised for growth. Learn about the key inflection points driving these key players.
Markets Today: Stock Indexes Push Higher on Weaker Bond Yields
Barchart - Mon Mar 6, 2023
Barchart
Mon Mar 6, 2023
Morning Markets March S&P 500 futures (ESH2 3) this morning are up +0.26%, and March Nasdaq 100 E-Mini futures (NQH2 3) are up +0.45%. U.S. stock index futures this morning are moderately higher. Apple is up more than +1% in pre-market trading to lead technology stocks higher after Goldman Sachs...
Valaris to Attend Investor Conferences
Business Wire - Mon Mar 6, 2023
Business Wire
Mon Mar 6, 2023
Valaris Limited (NYSE: VAL) (โValarisโ or the โCompanyโ) announced today that Senior Vice President and Chief Financial Officer Chris Weber will attend the J.P. Morgan Global High Yield & Leveraged Finance Conference on Tuesday, March 7, 2023,...
Valaris Announces Contract Awards and Updated Guidance
Business Wire - Mon Mar 6, 2023
Business Wire
Mon Mar 6, 2023
Valaris Limited (NYSE: VAL) (โValarisโ or the โCompanyโ) announced today new contracts awarded subsequent to issuing the Companyโs most recent fleet status report on February 21, 2023.
Fair Isaac & Co. Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
PR Newswire - Fri Mar 3, 2023
PR Newswire
Fri Mar 3, 2023
/PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices effective prior...
Valaris Provides Fleet Status Report
Business Wire - Tue Feb 21, 2023
Business Wire
Tue Feb 21, 2023
Valaris Limited (NYSE: VAL) (โValarisโ or the โCompanyโ) today issued a Fleet Status Report that provides the current status of the Companyโs fleet of offshore drilling rigs along with certain contract information for these assets. The Fleet...
Valaris Reports Fourth Quarter 2022 Results
Business Wire - Mon Feb 20, 2023
Business Wire
Mon Feb 20, 2023
Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today reported fourth quarter 2022 results.
Valaris Schedules Fourth Quarter 2022 Earnings Release and Conference Call
Business Wire - Tue Jan 24, 2023
Business Wire
Tue Jan 24, 2023
Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") will hold its fourth quarter 2022 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT) on Tuesday, February 21, 2023. The earnings release will be issued before the New York Stock...
Valaris Provides Fleet Status Report
Business Wire - Thu Jan 12, 2023
Business Wire
Thu Jan 12, 2023
Valaris Limited (NYSE: VAL) (โValarisโ or the โCompanyโ) today issued a Fleet Status Report that provides the current status of the Companyโs fleet of offshore drilling rigs along with certain contract information for these assets. The Fleet...
Valaris to Present at Fearnley Securitiesโ Offshore Drilling Seminar
Business Wire - Tue Jan 10, 2023
Business Wire
Tue Jan 10, 2023
Valaris Limited (NYSE: VAL) (โValarisโ or the โCompanyโ) announced today that Senior Vice President and Chief Financial Officer Chris Weber will present at Fearnley Securitiesโ Offshore Drilling Seminar in New York City on Wednesday, January 11,...