Past year: ▲ 46%(50.40 – 101.98 USD)
Each one in plain English, with the numbers worked through for a shareholder.
7 Aug 2023capital raising announcement● NeutralMajor
Valaris announced it plans to sell $350M of additional 8.375% second lien notes due 2030, on top of the $700M issued in April 2023, subject to market conditions. It says proceeds would fund the roughly $337M purchase of drillships DS-13 and DS-14 (it intends to exercise its delivery options by Dec 31, 2023) and general corporate purposes.
2 Aug 2023quarterly activities report▼ Bad
Valaris Ltd reported quarterly revenue of $415.2 million and a net loss of $29.4 million for the period ended 2023-06-30.
2 Aug 2023quarterly activities report▼ Bad
Valaris Ltd reported quarterly revenue of $415.2 million and a net loss of $29.4 million for the period ended 2023-06-30.
2 Aug 2023production update▲ Good
Valaris published its August 1, 2023 fleet status report. It shows total contract backlog of $3,041.3M (up from $2,803.2M in the May report) and new work: a 12-well West Africa contract for drillship DS-7 (about $364M, starting Q2 2024, reactivation required), two Gulf of Mexico contracts for semisubmersible DPS-5, and three jackup contracts (two for rig 107 in Australia, one for rig 247 with a major Australian operator at $180,000/day).
21 July 2023director interest notice● Neutral
Valaris Ltd SVP - CFO Christopher T Weber had 230 shares withheld for taxes on vesting stock.
21 July 2023director interest notice● Neutral
Valaris Ltd Senior Vice President & COO Gilles Luca had 416 shares withheld for taxes on vesting stock.
21 July 2023director interest notice● Neutral
Valaris Ltd SVP & General Counsel Davor Vukadin had 854 shares withheld for taxes on vesting stock.
21 July 2023director interest notice● Neutral
Valaris Ltd VP - Controller Colleen Grable had 1,002 shares withheld for taxes on vesting stock.
21 July 2023director interest notice● Neutral
Valaris Ltd President & CEO Anton Dibowitz had 1,038 shares withheld for taxes on vesting stock.
20 July 2023director interest notice● Neutral
Valaris Ltd SVP & General Counsel Davor Vukadin received a stock option grant for 1,092 shares.
20 July 2023director interest notice● Neutral
Valaris Ltd President & CEO Anton Dibowitz received a stock option grant for 16,557 shares.
20 July 2023director interest notice● Neutral
Valaris Ltd SVP - CCO Matthew Lyne received a stock option grant for 3,109 shares.
20 July 2023director interest notice● Neutral
Valaris Ltd SVP - CFO Christopher T Weber received a stock option grant for 3,109 shares.
20 July 2023director interest notice● Neutral
Valaris Ltd Senior Vice President & COO Gilles Luca received a stock option grant for 5,632 shares.
13 July 2023director interest notice● Neutral
Valaris Ltd VP - Controller Colleen Grable received 5,865 shares as part of the equity award.
5 July 2023director interest notice● Neutral
Valaris Ltd VP - Controller Colleen Grable had 423 shares withheld for taxes on vesting stock.
20 June 2023director interest notice● Neutral
Valaris Ltd President & CEO Anton Dibowitz had 1,050 shares withheld for taxes on vesting stock.
9 June 2023director interest notice● Neutral
Kristian Johansen became a Valaris Ltd director and company insider (initial ownership filing).
9 June 2023director interest notice● Neutral
Valaris Ltd director Kristian Johansen received 2,926 shares as part of the equity award.
9 June 2023director interest notice● Neutral
Valaris Ltd director Dick Fagerstal received 2,926 shares as part of the equity award.
9 June 2023director interest notice● Neutral
Valaris Ltd director Elizabeth Leykum received 4,180 shares as part of the equity award.
9 June 2023director interest notice● Neutral
Valaris Ltd director Deepak Munganahalli received 2,926 shares as part of the equity award.
9 June 2023director interest notice● Neutral
Valaris Ltd director Joseph Goldschmid received 2,926 shares as part of the equity award.
9 June 2023director interest notice● Neutral
Valaris Ltd director James W Swent III received 2,926 shares as part of the equity award.
9 June 2023director interest notice● Neutral
Valaris Ltd director Catherine Hughes received 2,926 shares as part of the equity award.
9 June 2023director interest notice● Neutral
Valaris Ltd 10%+ owner Oak Hill Advisors LP received 2,926 shares as part of the equity award.
8 June 2023substantial holder notice● Neutral
Famatown Finance Limited, Greenwich Holdings Limited, C.K. Limited* reported a Valaris Ltd shareholding of 5,390,153 shares (7.17% of votes) in a periodic institutional filing.
5 June 2023director interest notice● Neutral
Valaris Ltd VP - Controller Colleen Grable had 201 shares withheld for taxes on vesting stock.
2 May 2023quarterly activities report● Neutral
Valaris Ltd reported quarterly revenue of $430.1 million and net income of $46.7 million for the period ended 2023-03-31.
2 May 2023quarterly activities report● Neutral
Valaris Ltd reported quarterly revenue of $430.1 million and net income of $46.7 million for the period ended 2023-03-31.
