Valaris Ltd.

$19.00

SKU: VAL Category:

Description

Valaris Ltd.: Continued Fleet Utilization & Strategic Warm Stacking Driving Our ‘Outperform’ Rating!

 

Valaris Ltd.’s third-quarter results reflect a focused and disciplined approach to navigating the volatile offshore drilling market. The company’s revenue for the quarter was $643 million, up from $610 million in the previous quarter. This led to an improvement in adjusted EBITDA, which rose to $150 million from $139 million. These numbers were positively impacted by strong operating performance, including a full quarter of operations for the VALARIS DS-7 and higher average daily revenue for the floater fleet.

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!