Welcome to our dedicated page for Valaris news (Ticker: VAL), a resource for investors and traders seeking the latest updates and insights on Valaris stock.
Valaris Limited reports news centered on offshore contract drilling services for the oil and gas industry. Company updates regularly address fleet status for ultra-deepwater drillships, semisubmersible rigs and shallow-water jackups, including contract information, extensions and utilization developments across offshore basins.
Recurring Valaris news also covers operating and financial results, material agreements, capital-structure matters and governance developments. The company operates through drilling fleet categories that include floaters and jackups, with additional activity tied to ARO and third-party rig management services.
Valaris (NYSE: VAL) issued a Fleet Status Report on May 4, 2026 providing the current status of its offshore drilling rig fleet and certain contract information for those assets. The report is available in the Investors section of Valaris's website at www.valaris.com.
Valaris (NYSE: VAL) reported Q1 2026 results on May 4, 2026: total operating revenues $465.4 million, adjusted EBITDA $66.7 million and a net loss $18.0 million. Revenue efficiency was 98% and total backlog rose to ~$4.9 billion after >$500 million of new contracts.
The company announced an all-stock transaction with Transocean, a strategic collaboration with Petronas Suriname and Halliburton, and reported cash of $578 million and capex of $101 million.
Valaris (NYSE: VAL) will release first quarter 2026 results after the NYSE close on May 4, 2026. In connection with the pending business combination with Transocean announced on February 9, 2026, Valaris said it does not intend to hold future earnings calls or provide forward-looking guidance. The company directs investors to its website for disclosures and Email Alerts for SEC filings and updates.
Valaris (NYSE: VAL) was awarded a 1,064-day contract extension with Petrobras offshore Brazil for drillship VALARIS DS-4, expected to commence in November 2027 in direct continuation of the existing program.
The extension adds approximately $447 million to contract backlog and a concurrent day-rate adjustment reduces backlog between April 1, 2026 and November 2027 by about $21 million, securing continuous work for DS-4 into 2030.
Valaris (NYSE: VAL) said its subsidiary Ensco UK Drilling Ltd. signed a Strategic Collaboration Agreement with PETRONAS Suriname and Halliburton on April 6, 2026 to support development of PETRONAS Suriname’s offshore assets.
The agreement creates a cooperative framework for early planning, technical integration and continuous improvement to enhance operational efficiency in the Guyana-Suriname Basin.
Valaris (NYSE: VAL) reported Q4 2025: total operating revenues of $537.4 million, revenue efficiency of 98%, net income of $717 million (including a $680 million tax benefit) and Adjusted EBITDA of $97 million. Total backlog rose to approximately $4.7 billion after nearly $900 million of new awards. Cash was $599 million at year-end. Management provided FY2026 guidance: revenues of $2,125–2,205 million, Adjusted EBITDA $485–565 million, and capex $425–475 million. The company announced a pending all-stock transaction with Transocean and cancelled future earnings calls due to the pending combination.
Valaris (NYSE: VAL) issued a Fleet Status Report on February 17, 2026, summarizing the current status of its offshore drilling rig fleet and selected contract information. The report is available in the Investors section at the company website.
Valaris (NYSE: VAL) said it has cancelled its fourth quarter 2025 conference call and does not intend to hold future earnings conference calls, citing the pending business combination with Transocean announced February 9, 2026. The company will issue its Q4 2025 earnings release on February 19, 2026 after NYSE close.
Valaris said it uses its website for disclosures and invited stakeholders to sign up for email alerts for SEC filings and updates.
Summary not available.
Valaris (NYSE: VAL) will issue its fourth quarter 2025 earnings release before the New York Stock Exchange opens and host a conference call at 9:00 a.m. CST / 10:00 a.m. EST on Thursday, February 19, 2026.
The call will be webcast live at www.valaris.com; dial-in details and a replay through March 19, 2026 (conference ID 9262988) are provided. Investors can sign up for email alerts on the company website.