27 July 2016quarterly activities report● Neutral
Valaris Ltd reported a quarterly net income of $590.6 million for the period ended 2016-06-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
18 July 2016production update● NeutralMajor
Ensco's July 18, 2016 fleet status report says ConocoPhillips made a lump sum payment settling its DS-9 termination obligations through July 15, 2017, and Ensco expects to recognise $185 million of revenue in 2Q16. This settles the amount under discussion in February. The report also shows ENSCO 6003 and 6004 (Brazil) and DS-1 sold for scrap value at a price in line with book value, and the 8503 settlement with Stone Energy. DS-3, DS-4, DS-5 and several semisubmersibles are now preservation stacked or available, and Petrobras is no longer shown as a customer on DS-5.
8 June 2016director interest notice● Neutral
Valaris Ltd Sr. VP - Eastern Hemisphere Steven Joseph Brady had 847 shares withheld for taxes on vesting stock.
8 June 2016director interest notice● Neutral
Valaris Ltd director Francis S Kalman had 367 shares withheld for taxes on vesting stock.
8 June 2016director interest notice● Neutral
Valaris Ltd director Paul E Rowsey III had 477 shares withheld for taxes on vesting stock.
8 June 2016director interest notice● Neutral
Valaris Ltd director Mary Francis had 1,603 shares withheld for taxes on vesting stock.
8 June 2016director interest notice● Neutral
Valaris Ltd director Keith O Rattie had 1,258 shares withheld for taxes on vesting stock.
8 June 2016director interest notice● Neutral
Valaris Ltd director C Christopher Gaut had 1,258 shares withheld for taxes on vesting stock.
8 June 2016director interest notice● Neutral
Valaris Ltd Vice President - Finance Robert W Edwards III had 601 shares withheld for taxes on vesting stock.
6 June 2016director interest notice● Neutral
Valaris Ltd director James Roderick Clark exercised stock options for 1,378 shares and disposed of 1,378 shares.
6 June 2016director interest notice● Neutral
Valaris Ltd director Mary Francis exercised stock options for 1,378 shares and disposed of 1,999 shares.
6 June 2016director interest notice● Neutral
Valaris Ltd Vice President - Finance Robert W Edwards III had 159 shares withheld for taxes on vesting stock.
6 June 2016director interest notice● Neutral
Valaris Ltd director Paul E Rowsey III exercised stock options for 1,378 shares and disposed of 1,520 shares.
6 June 2016director interest notice● Neutral
Valaris Ltd director Roxanne J Decyk exercised stock options for 1,378 shares and disposed of 1,378 shares.
6 June 2016director interest notice● Neutral
Valaris Ltd director Keith O Rattie exercised stock options for 1,378 shares and disposed of 1,865 shares.
6 June 2016director interest notice● Neutral
Valaris Ltd director Francis S Kalman exercised stock options for 1,378 shares and disposed of 1,520 shares.
6 June 2016director interest notice● Neutral
Valaris Ltd director C Christopher Gaut exercised stock options for 1,378 shares and disposed of 1,865 shares.
6 June 2016director interest notice● Neutral
Valaris Ltd director Gerald W Haddock exercised stock options for 1,378 shares and disposed of 1,378 shares.
3 June 2016director interest notice● Neutral
Valaris Ltd director Keith O Rattie acquired 25,876 shares and disposed of 6,601 in a set of related equity transactions.
3 June 2016director interest notice● Neutral
Valaris Ltd director James Roderick Clark acquired 25,876 shares and disposed of 5,149 in a set of related equity transactions.
3 June 2016director interest notice● Neutral
Valaris Ltd director Roxanne J Decyk acquired 25,876 shares and disposed of 5,149 in a set of related equity transactions.
3 June 2016director interest notice● Neutral
Valaris Ltd Sr. VP - Eastern Hemisphere Steven Joseph Brady had 505 shares withheld for taxes on vesting stock.
3 June 2016director interest notice● Neutral
Valaris Ltd director Gerald W Haddock acquired 25,876 shares and disposed of 5,149 in a set of related equity transactions.
3 June 2016director interest notice● Neutral
Valaris Ltd director Francis S Kalman acquired 25,876 shares and disposed of 6,204 in a set of related equity transactions.
3 June 2016director interest notice● Neutral
Valaris Ltd President & CEO Carl Trowell exercised stock options for 15,870 shares and disposed of 23,329 shares.
3 June 2016director interest notice● Neutral
Valaris Ltd director Mary Francis acquired 25,876 shares and disposed of 6,755 in a set of related equity transactions.
3 June 2016director interest notice● Neutral
Valaris Ltd Senior Vice President & CFO Jonathan Baksht had 1,664 shares withheld for taxes on vesting stock.
3 June 2016director interest notice● Neutral
Valaris Ltd Vice President - Finance Robert W Edwards III acquired 35,910 shares and disposed of 808 in a set of related equity transactions.
3 June 2016director interest notice● Neutral
Valaris Ltd director C Christopher Gaut acquired 25,876 shares and disposed of 6,601 in a set of related equity transactions.
3 June 2016director interest notice● Neutral
Valaris Ltd director Paul E Rowsey III acquired 34,717 shares and disposed of 7,539 in a set of related equity transactions.