Valaris LTD

Market Movers (8-K)

NYSE
Valaris Limited announced it has received approval from the Committee on Foreign Investment in the United States (CFIUS) for its business combination with Transocean Ltd., a significant step towards completing the acquisition.
Delay expected
NYSE
Valaris Limited shareholders re-elected all director nominees and approved executive compensation and auditor appointments at the 2026 Annual General Meeting.
NYSE
Valaris Limited announced that its business combination with Transocean Ltd. has received a Second Request for additional information from the DOJ, extending the HSR Act waiting period.
Delay expected
NYSE
Valaris Limited announced new contracts and extensions totaling approximately $560 million in new backlog, with its total contract backlog increasing to $4.9 billion.
Delay expected
NYSE
Valaris Limited announced first quarter 2026 results, reporting $465 million in revenue and a $18 million net loss, while highlighting a significant increase in contract backlog to $4.9 billion.
NYSE
Valaris Limited reported strong fourth-quarter 2025 net income driven by a significant tax benefit, secured nearly $900 million in new backlog, and provided updates on its pending all-stock transaction with Transocean.
Better than expected

Quarterly Earnings (10-Q)

NYSE
Valaris Limited announced its first quarter 2026 financial results, reporting a net loss and reduced revenues, while progressing towards its business combination with Transocean Ltd.
Worse than expected
NYSE
Valaris Limited announced a significant increase in net income and operating cash flow for Q3 2025, driven by strategic asset sales and robust contract backlog growth.
Delay expected
Better than expected
NYSE
Valaris Limited reported a significant increase in operating income and cash flow from operations for the second quarter and first half of 2025, driven by higher day rates and new contracts, despite a net income decline primarily due to non-cash deferred tax expenses and asset impairment.
Better than expected
Capital raise
Delay expected
NYSE
Valaris Limited reports increased revenue but a net loss for Q1 2025, influenced by market uncertainties and strategic asset retirements.
Worse than expected
NYSE
Valaris Limited's Q3 2024 results show a significant increase in revenue driven by higher day rates and increased contract activity, despite a net loss from their ARO joint venture.
Better than expected
Delay expected
NYSE
Valaris Limited's second quarter 2024 results show a significant improvement in revenue and profitability, driven by increased rig utilization and higher day rates.
Better than expected
Delay expected

Annual Reports (10-K)

NYSE
Valaris Limited's 2024 10-K filing reveals a positive outlook for offshore drilling despite a modest demand decline, driven by stable oil prices and strategic fleet management.
Worse than expected
NYSE
Valaris Limited's 2023 annual report reveals a significant increase in net income and revenue, driven by improved market conditions and strategic fleet management.
Better than expected

Insider Trading (Form 4)

NYSE
Valaris Ltd. reports that Controller Melissa Barron sold 260 common shares to cover tax obligations upon vesting.
NYSE
Director Catherine Hughes acquired 2,493 restricted stock units as part of an annual equity retainer, with 397 shares withheld for tax obligations.
NYSE
Director Elizabeth Leykum acquired 6,978 common shares via restricted stock unit vesting and received a new grant of 2,849 units.
NYSE
Director Kristian Johansen acquired 4,860 common shares via restricted stock unit vesting and received an annual equity retainer of 1,984 shares.
NYSE
Director Dick Fagerstal was granted 2,391 restricted stock units as part of his annual equity retainer for Valaris Ltd.
NYSE
Director Joseph Goldschmid acquired 2,188 restricted stock units as part of his annual equity retainer for Valaris Ltd.

Proxy Statements (Def-14A)

NYSE
Valaris Limited filed its 2026 proxy statement detailing director elections and the pending business combination with Transocean.
NYSE
Valaris Limited has filed a definitive proxy statement with the Securities and Exchange Commission pursuant to Section 14(a) of the Securities Exchange Act of 1934.
NYSE
Valaris focuses on safe operations, strategic contracts, and prudent fleet management to drive long-term shareholder value in a growing offshore energy market.
Better than expected
NYSE
Valaris Limited has filed a proxy statement with the Securities and Exchange Commission (SEC) pursuant to Section 14(a) of the Securities Exchange Act of 1934.
NYSE
Valaris outlines its strategy for capitalizing on the offshore drilling upcycle, focusing on fleet investment, operational excellence, and returning capital to shareholders.
Better than expected

Schedule 13D - Activist Investments

NYSE
Oak Hill Advisors, L.P. has filed an amendment to its Schedule 13D, reporting the sale of 702,270 shares of Valaris Ltd.
NYSE
Transocean Ltd. announces a definitive agreement to acquire Valaris Limited, combining two leading offshore drilling contractors through a scheme of arrangement.
Capital raise
NYSE
Oak Hill Advisors has committed its 6.93% stake in Valaris Ltd to support the company's proposed merger with Transocean Ltd.
NYSE
Major Valaris shareholders, including Famatown Finance and Greenwich Holdings, have committed to vote in favor of the company's acquisition by Transocean Ltd.
NYSE
Famatown Finance Limited, Greenwich Holdings Limited, and C.K. Limited, entities linked to John Fredriksen's family trusts, have increased their beneficial ownership in offshore drilling contractor Valaris Limited to 10.56% through recent open market purchases.
Better than expected

Schedule 13G - Passive Investments

NYSE
The Vanguard Group has amended its Schedule 13G filing for Valaris Ltd, reporting 0% beneficial ownership following an internal realignment.
NYSE
Orbis Investment Management Ltd has fully divested its holdings in offshore drilling contractor Valaris Ltd, reporting zero beneficial ownership as of December 31, 2024, according to a recent Schedule 13G/A filing.
Worse than expected
NYSE
FMR LLC and its affiliates, along with Abigail P. Johnson, have filed an amended Schedule 13G, reporting a beneficial ownership of 4.4% of VALARIS LTD's common stock as of December 31, 2024.
NYSE
BlackRock, Inc. has filed an Amendment No. 3 to its Schedule 13G, revealing a beneficial ownership of 11.1% in Valaris Ltd's common stock as of December 31, 2024.
NYSE
Giovanni Agnelli B.V., through its subsidiaries Exor N.V. and Lingotto Investment Management, has disclosed a 5.1% passive beneficial ownership stake in offshore drilling contractor Valaris Ltd, as reported in a late-filed Schedule 13G.
Delay expected