10 Aug 2026substantial holder notice● Neutral
Giovanni Agnelli B.V. reported a Valaris Ltd shareholding of 3.48% of votes in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
6 Aug 2026quarterly activities report● Neutral
Valaris Ltd reported quarterly revenue of $539.2 million and net income of $50.4 million for the period ended 2026-06-30.
5 Aug 2026quarterly activities report● Neutral
Valaris Ltd reported quarterly revenue of $539.2 million and net income of $50.4 million for the period ended 2026-06-30.
5 Aug 2026production update● Neutral
The August 5, 2026 fleet report puts backlog at about $4.6 billion, down from about $4.9 billion in May, with more than $160 million of new awards since then. New work includes a 41-well plug-and-abandon contract for VALARIS 248 in the UK North Sea (about $140 million, expected to start mid-2027) and a letter of award for a two-well DS-18 exploration programme (excluded from backlog). In the Middle East, VALARIS 110 resumed work for NOC Qatar in late May after the March suspension, and VALARIS 250 restarted its ARO charter in mid-July (116 is still expected in Q3). Jackups 104 and 109 were sold for $74 million total, and the Medco one-well contract for VALARIS 106 was cancelled by mutual agreement.
7 July 2026director interest notice● Neutral
Valaris Ltd Controller Melissa Barron had 260 shares withheld for taxes on vesting stock.
2 July 2026director interest notice● Neutral
Valaris Ltd Controller Melissa Barron acquired 8,673 shares and disposed of 735 in a set of related equity transactions.
1 July 2026business combination▲ GoodMajor
On June 29, 2026 the US foreign investment review body (CFIUS) cleared the Transocean deal, so that closing condition is now met. The US antitrust review is still open: both companies agreed not to certify compliance with the DOJ's Second Request before July 31, 2026, and not to close until 60 days after both certify. They still expect to close in the second half of 2026, subject to remaining regulatory approvals and shareholder votes.
12 June 2026director interest notice● Neutral
Valaris Ltd director Catherine Hughes acquired 2,493 shares and disposed of 397 in a set of related equity transactions.
12 June 2026director interest notice● Neutral
Valaris Ltd director Elizabeth Leykum acquired 9,827 shares and disposed of 9,770 in a set of related equity transactions.
12 June 2026director interest notice● Neutral
Valaris Ltd director Kristian Johansen acquired 6,844 shares and disposed of 6,804 in a set of related equity transactions.
12 June 2026director interest notice● Neutral
Valaris Ltd director Dick Fagerstal received a stock option grant for 2,391 shares.
12 June 2026director interest notice● Neutral
Valaris Ltd director Joseph Goldschmid received 2,188 shares as part of the equity award.
19 May 2026business combination● NeutralMajor
Valaris filed a preliminary joint proxy statement (dated May 19, 2026) for the Transocean deal, which sets out the votes: a Valaris court meeting to approve the scheme of arrangement, and a Transocean shareholder meeting to approve issuing the new shares. Each Valaris share is expected to be exchanged for 15.235 Transocean shares (cash for fractions), leaving Valaris holders with about 47% of the combined company; meeting dates are still blank and the document is subject to completion. The Valaris board unanimously recommends voting for.
5 May 2026quarterly activities report▼ Bad
Valaris Ltd reported quarterly revenue of $465.4 million and a net loss of $16.4 million for the period ended 2026-03-31.
5 May 2026business combination▼ BadMajor
On May 4, 2026 the US Department of Justice sent both Valaris and Transocean a Second Request for more information on their planned deal (15.235 Transocean shares per Valaris share). This extends the antitrust waiting period until 30 days after both sides have substantially complied, so the review is longer than a standard one. The filing gives no new closing date.
4 May 2026quarterly activities report▼ Bad
Valaris Ltd reported quarterly revenue of $465.4 million and a net loss of $16.4 million for the period ended 2026-03-31.
4 May 2026production update▲ Good
The May 4, 2026 fleet report puts backlog at about $4.9 billion, up from about $4.7 billion in February, with about $560 million of new awards, mainly a 1,064-day Petrobras extension for DS-4 (~$447M, from Nov 2027); the day rate on DS-4's existing contract was cut, reducing backlog by about $21M. Several jackup extensions were added (e.g. VALARIS 115 with Brunei Shell, ~$78M). On Middle East operations, all rigs remain under contract, but VALARIS 110 has been suspended since early March 2026 (still contracted to NOC Qatar), and the restart of bareboat charters for VALARIS 116 and 250 slipped to Q3 2026. Semisubmersible DPS-1 was sold for recycling in April 2026.
9 Apr 2026director interest notice● Neutral
Valaris Ltd SVP - COO Gilles Luca acquired 379 shares and disposed of 50 in a set of related equity transactions.
9 Apr 2026director interest notice● Neutral
Valaris Ltd President & CEO Anton Dibowitz acquired 1,067 shares and disposed of 141 in a set of related equity transactions.
9 Apr 2026director interest notice● Neutral
Valaris Ltd SVP & General Counsel Davor Vukadin acquired 221 shares and disposed of 30 in a set of related equity transactions.
9 Apr 2026director interest notice● Neutral
Valaris Ltd SVP - CFO Christopher T Weber acquired 379 shares and disposed of 50 in a set of related equity transactions.
2 Apr 2026director interest notice● Neutral
Valaris Ltd Controller Melissa Barron had 20 shares withheld for taxes on vesting stock.
27 Mar 2026substantial holder notice● Neutral
The Vanguard Group reported no remaining Valaris Ltd shareholding in its periodic institutional filing.
9 Mar 2026director interest notice● Neutral
Valaris Ltd SVP - CFO Christopher T Weber had 830 shares withheld for taxes on vesting stock.
9 Mar 2026director interest notice● Neutral
Valaris Ltd SVP - CCO Matthew Lyne had 991 shares withheld for taxes on vesting stock.
9 Mar 2026director interest notice● Neutral
Valaris Ltd SVP - COO Gilles Luca had 830 shares withheld for taxes on vesting stock.
9 Mar 2026director interest notice● Neutral
Valaris Ltd SVP & General Counsel Davor Vukadin had 479 shares withheld for taxes on vesting stock.
9 Mar 2026director interest notice● Neutral
Valaris Ltd President & CEO Anton Dibowitz had 2,332 shares withheld for taxes on vesting stock.
5 Mar 2026director interest notice● Neutral
Valaris Ltd SVP - CCO Matthew Lyne had 1,449 shares withheld for taxes on vesting stock.
5 Mar 2026director interest notice● Neutral
Valaris Ltd SVP - COO Gilles Luca had 1,193 shares withheld for taxes on vesting stock.