Description
Valaris Ltd.: Initiation Of Coverage – Expanding Contract Coverage & 3 Other Factors Influencing Our ‘Buy’ Rating
Valaris plc reported strong financial results for the 4th quarter and offered an optimistic performance outlook, citing their focus on safety, efficient operations, and robust market demand, which is constrained by supply. CEO Anton Dibowitz highlighted the significant new contract backlog worth around $3 billion achieved during 2023, nearly 60% higher compared to a year ago.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
Want unlimited access to our reports? Purchase our $99 annual subscription!