Valaris Announces Two-Year Contract Award for Drillship VALARIS DS-10
Valaris Limited Common Shares (VAL)
Last valaris limited common shares earnings: 4/29 09:50 pm
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Source: Business Wire
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that it has been awarded a two-year contract offshore West Africa for drillship VALARIS DS-10 that is expected to commence late in the second quarter or in the third quarter 2026. The total contract value for the firm term is $352 million. The total contract value does not include the provision of additional services. The contract includes two unpriced options, each with a duration of one year.President and Chief Executive Officer Anton Dibowitz said, “This contract award is a testament to the safety and operational performance of VALARIS DS-10 and its crews, which have an excellent track record of successfully executing clients’ well programs offshore West Africa. This contract increases our backlog by approximately $350 million and supports our future earnings and cash flow, and we remain focused on securing additional attractive long-term contracts for our high-specifica
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News
- Valaris Announces Multi-Year Contract Award for Drillship VALARIS DS-8Business Wire
- Valaris Limited (VAL): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Valaris (NYSE:VAL) had its "neutral" rating reaffirmed by analysts at Citigroup Inc..MarketBeat
- Valaris (NYSE:VAL) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
- Valaris (NYSE:VAL) was given a new $50.00 price target on by analysts at Barclays PLC.MarketBeat
VAL
Earnings
- 10/29/25 - Beat
VAL
Sec Filings
- 10/30/25 - Form 10-Q
- 10/29/25 - Form 8-K
- 10/23/25 - Form 8-K
- VAL's page on the SEC website