OakChart

Valaris Ltd

VALEnergy·Oil & Gas Drilling·Bermuda·Mid·NYSE·Nov 11 • 9:50 AM ET

81.89+2.97 (3.76%)
2026-11-11 15:50 CET
Market cap
5,480.45 USD m
Revenue, TTM
2,135.60 USD m
Net income, TTM
797.60 USD m
Free cash flow, TTM
-211.11 USD m
EPS diluted, TTM
11.40
P/E
7.18
Compare

Price

VAL against its 20, 50 and 200-day averages
2050200beatmiss
80.00100.001.0M2.1MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26VALclose 81.8920-day 89.9050-day 86.03200-day 87.2481.89

28.2% under 114.12 on 18 May 2026. Last 15 sessions, 39.7% high to low

Profile

VAL
52-week range, 51% of the way up
48.08114.12

Valaris Ltd. engages in the provision of offshore contract drilling services to the international oil and gas industry. It operates through the following segments: Floaters, Jackups, ARO, and Other. The Floaters segment includes drillships and semisubmersible rigs. The Jackups segment includes its jackup rigs, which generally operate in water depths of 400 feet or less. The ARO segment focuses on the full operations of ARO, which operates jackup drilling rigs in Saudi Arabia for Saudi Aramco. The Other segment is involved in management services on rigs owned by third parties and the activities associated with arrangements with ARO under the bareboat charter arrangements. The company was founded in 1975 and is headquartered in Hamilton, Bermuda.

IndexRUT
Employees5070
IPOMay 03, 2021
Beta1.05
ATR, 14d4.30
Rel volume0.39
Short float12.02%
Insider own30.20%
Inst own89.04%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap5.69B
Enterprise Value6.31B
Income797.60M
Sales2.14B
Book/sh47.13
Cash/sh7.65
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout0.00%
Employees5070
IPOMay 03, 2021

Ratios

P/E7.18
Forward P/E12.12
PEG-
P/S2.66
P/B1.74
P/C10.71
P/FCF-
EV/EBITDA15.36
EV/Sales2.96
Quick Ratio1.56
Current Ratio1.56
Debt/Eq0.35
LT Debt/Eq0.35
Option/ShortYes / Yes

Earnings

EPS (ttm)11.40
EPS next Y6.76
EPS next Q1.86
EPS this Y-77.80%
EPS next Y117.53%
EPS next 5Y-16.81%
EPS past 3/5Y81.08% -
Sales past 3/5Y13.92% 10.67%
EPS Y/Y TTM104.02%
Sales Y/Y TTM-11.61%
EPS Q/Q-75.25%
Sales Q/Q-0.35%
EarningsNov 02 AMC
EPS/Sales Surpr.-37.78% 5.49%

Ownership

Insider Own30.20%
Insider Trans0.00%
Inst Own89.04%
Inst Trans-0.39%
ROA15.76%
ROE27.89%
ROIC18.12%
Gross Margin15.96%
Oper. Margin11.03%
Profit Margin37.35%
SMA20-8.91%
SMA50-4.81%
SMA200-6.13%
Trades-

Technical

Shs Outstand69.40M
Shs Float48.47M
Short Float12.02%
Short Ratio5.60
Short Interest5.82M
52W High114.12 -28.24%
52W Low48.08 70.30%
Volatility5.84% 4.80%
ATR (14)4.30
RSI (14)43.04
Beta1.05
Rel Volume0.39
Avg Volume1.04M
Volume40,417

Performance

Perf Week-1.06%
Perf Month-4.28%
Perf Quarter-3.81%
Perf Half Y-17.24%
Perf YTD62.48%
Perf Year40.70%
Perf 3Y19.37%
Perf 5Y133.24%
Perf 10Y-
Recom3.09
Target Price92.11
Prev Close78.92
Price81.89
Change %3.76%

Analyst ratings

latest 10 of 15
DateActionAnalystRating changeTargetImplied
Feb 23, 2026DowngradePParetoHold → Sell$80-2.3%
Sep 02, 2025DowngradeCClarksons PlatouBuy → Neutral$54-34.1%
Jan 15, 2025DowngradeEEvercore ISIOutperform → In-line$87 → $59-28.0%
Dec 18, 2024DowngradeBBarclaysOverweight → Equal Weight$59 → $49-40.2%
Dec 09, 2024DowngradeCCitigroupBuy → Neutral$58 → $47-42.6%
Dec 06, 2024InitiatedJJP MorganUnderweight$40-51.2%
Oct 15, 2024DowngradeTThe Benchmark CompanyBuy → Hold
Sep 24, 2024InitiatedSSusquehannaNeutral$62-24.3%
Jul 16, 2024DowngradePPickering Energy PartnersOutperform → Neutral
Nov 28, 2023InitiatedCCapitalOneOverweight$100+22.1%

Peers

Mkt cap
TickerCompanyMkt cap
NENoble Corp Plc6.72B
RIGTransocean Ltd6.01B
SDRLSeadrill Ltd2.74B
BORRBorr Drilling Ltd1.02B
HPHelmerich & Payne Inc3.64B
PTENPatterson-UTI Energy Inc3.93B
TDWTidewater Inc3.75B
NBRNabors Industries Ltd1.19B
PDSPrecision Drilling Corp1.17B
SLBSLB Ltd74.45B

Insider trading

5 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Oak Hill Advisors, L.P. (1)ShareholderSep 03 '26Proposed Sale92.521,409,130130,372,708Sep 03 05:08 PM
Oak Hill Advisors, L.P. (1)ShareholderAug 11 '26Proposed Sale85.551,799,773153,970,580Aug 11 06:25 PM
LEYKUM ELIZABETHDirectorJun 10 '26Option Exercise0.006,978045,811Jun 12 04:24 PM
Johansen KristianDirectorJun 10 '26Option Exercise0.004,86009,508Jun 12 04:23 PM
Oak Hill Advisors, L.P. (1)ShareholderMay 27 '26Proposed Sale96.331,491,000143,628,030May 27 04:15 PM

Held by

AUM
TickerCompanyAUM
IJHiShares Core S&P Mid-Cap ETFAUM: 124.48B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
IWMiShares Russell 2000 Index FundAUM: 77.38B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
OIHVanEck Oil Services ETFAUM: 1.76B
DFSVUS Small Cap Value Portfolio ETF Class Shares-
VXFVanguard Extended Market Index ETFAUM: 30.47B
VBKVanguard Morningstar Small-Cap Growth ETFAUM: 22.34B
DFATU.S. Targeted Value Portfolio-ETF Class Shares-
DFASU.S. Small Cap Portfolio-ETF Class Shares-

News

latest 14 of 206
  • Valaris Issues Fleet Status Report (Business Wire) -10.08%
  • Valaris Reports Third Quarter 2026 Results (Business Wire)
  • Valaris Needs A Sequential Earnings Rebound To Justify Its Rally Toward Range Highs (Earnings Whispers)
  • Valaris Schedules Third Quarter 2026 Earnings Release (Business Wire)
  • Valaris Secures Around $220 Million in New Offshore Drilling Backlog (InvestorsHub)
  • Loading…
  • Valaris Announces Contract Awards and Fleet Status Updates (Business Wire)
  • Are SMTI, LAB, ATKR, VAL Obtaining Fair Deals for their Shareholders? (PR Newswire)
  • Exelixis, Valaris, and 3 More Stocks See Action From Activist Investors (Barrons.com)
  • Valaris Issues Fleet Status Report (Business Wire)
  • Valaris Reports Second Quarter 2026 Results (Business Wire)
  • RIG: A Cash Gusher At A Marked-Down Price (Trefis)
  • Valaris Schedules Second Quarter 2026 Earnings Release (Business Wire)
  • Aurinia Pharmaceuticals and Four More Stocks See Activist Action (Barrons.com)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-020.6601.0610.692593.6562.77
2026Q22026-08-050.7200.3100.716539.2488.526
2026Q12026-05-04-0.240-0.037-0.237465.4443.758
2025Q42026-02-1910.2600.45210.265537.4495.659
2025Q32025-10-292.6501.0202.649595.7567.4513
2025Q22025-07-301.6101.2611.614615.2582.3912
2025Q12025-04-30-0.5301.228-0.534620.7587.314
2024Q42025-02-191.8801.0481.878584.4578.1613
2024Q32024-10-300.8800.9920.883643.1612.113
2024Q22024-07-312.0300.7062.030610.1578.2211
2024Q12024-05-010.350-0.0770.347525498.4610
2023Q42024-02-2211.3000.10911.302483.8483.4712
2023Q32023-11-070.1700.1770.173455.1468.9810
2023Q22023-08-02-0.390-0.268-0.393415.2404.4710
2023Q12023-05-020.610-0.3180.621430.1409.438
2022Q42023-02-210.3800.4480.384433.6428.117

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2020FY---24.4121,545-
2021FY-4.768-2.047-59.9251,2321,239
2022FY2.3301.9182.3351,6031,590
2023FY11.6900.44511.5081,7841,784
2024FY5.1404.1935.1222,3632,357
2025FY13.9904.83012.0142,3692,326
2026FY-3.105--2,210
2027FY-6.755--2,462
2028FY-8.053--2,455

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-05750647.63629.41666.1
2026Q4S2026-11-03740642.98620.13666.1
2026Q4S2026-11-02730636.89620.13665
2026Q4S2026-10-28730636.89620.13665
2026Q4S2026-10-20731636.89620.13665
2026Q4S2026-10-19721632.89609665
2026Q4S2026-09-29611627.04609647
2026Q4S2026-09-15612627.04609647
2026Q4S2026-09-04613627.04609647
2026Q4S2026-08-28603623.37609636.21
2026Q4S2026-08-14603623.36609636.21
2026Q4S2026-08-13602625.01609636.21
2026Q4S2026-08-07702628.05609640.47
2026Q4S2026-08-06601626.7609640.47

Estimate history

EPS, annual-0.916-1.477-1.142-24.412-59.9252.33511.5085.12213.86211.3993
Period201720182019202020212022202320242025TTM
EPS, quarterly0.8831.878-0.5341.6142.64910.265-0.2370.7160.656
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual18431705.42053.21427.21232.41602.51784.22362.623692135.6
Period201720182019202020212022202320242025TTM
Sales, quarterly643.1584.4620.7615.2595.7537.4465.4539.2593.6
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual435.9437.1198199.57575.272.47169.269.4
Period201720182019202020212022202320242025MRQ
Shares, quarterly71.47171.171.169.769.269.369.369.4
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue2,135.602,369.002,362.601,784.201,602.501,232.401,427.202,053.201,705.40
Cost of Goods Sold Incl. D&A1,794.801,776.001,883.001,644.701,474.401,293.602,011.002,409.301,799.50
Gross Profit340.80593.00479.60139.50128.10-61.20-583.80-356.10-94.10
Selling, General and Administrative Excl. Other105.2097.10116.3099.3080.9088.90214.60170.90102.70
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income235.60495.90363.3040.2047.20-150.10-798.40-527.00-196.80
Interest Expense98.0098.8084.8068.9045.3033.40290.60426.40282.50
Unusual Expense60.2027.300.000.0036.904,356.604,049.60-254.2052.80
Net Income Before Taxes228.80552.30370.2084.20224.90-4,434.80-5,109.20-51.20-538.90
Income Taxes-563.70-426.800.40-782.6043.1052.60-259.40128.4089.60
Consolidated Net Income792.50979.10369.80866.80181.80-4,487.40-4,857.60-192.30-629.00
Net Income From Continuing Operations797.60982.80373.40865.40176.50-4,494.40-4,855.50-198.10-632.10
Net Income797.60982.80373.40865.40176.50-4,494.40-4,855.50-198.10-641.20
EPS (Recurring)11.9514.135.1211.512.68-19.26-10.16-2.17-1.39
EPS (Basic, Before Extraordinaries)11.4813.925.1811.682.35-59.93-24.41-1.14-1.48
EPS (Diluted)11.4013.865.1211.512.33-59.93-24.41-1.14-1.48
EBITDA410.80642.20485.40141.30138.4075.60-244.0083.60282.90
Non-Operating Income (Expense)151.60182.5091.70112.90259.90105.3029.40648.00-6.80
Other After Tax Adjustments0.000.000.000.000.000.000.00-0.10-0.50
Stock Option Compensation Expense20.7417.4012.9611.229.807.7016.1232.0032.16
Price To Earnings Ratio6.926.923.0487.3929.00----
Price To Sales Ratio2.581.511.372.893.192.19---
Gross Margin15.9625.0320.307.827.99-4.97-40.91-17.34-5.52
Operating Margin11.0320.9315.382.252.95-12.18-55.94-25.67-11.54
Net Margin37.3541.4915.8048.5011.01-364.69-340.21-9.65-37.60
Shares Outstanding69.4069.2071.0072.4075.2075.00199.50198.00437.10
Market Capitalization5,480.455,480.453,146.284,998.425,083.582,700.002,682.00--

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue593.60539.20465.40537.40595.70615.20620.70584.40
Cost of Goods Sold Incl. D&A464.60460.10416.10454.00442.70431.20448.10449.20
Gross Profit129.0079.1049.3083.40153.00184.00172.60135.20
Selling, General and Administrative Excl. Other25.7027.2025.3027.0026.9018.8024.4026.70
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income103.3051.9024.0056.40126.10165.20148.20108.50
Interest Expense24.9024.0024.3024.8024.9024.8024.3022.10
Unusual Expense18.5011.4010.8019.500.000.007.800.00
Net Income Before Taxes101.4080.6010.4036.40215.90145.70154.30123.80
Income Taxes54.7033.6028.40-680.4028.6031.50193.50-6.80
Consolidated Net Income46.7047.00-18.00716.80187.30114.20-39.20130.60
Net Income From Continuing Operations46.1050.40-16.40717.50188.10115.10-37.90133.70
Net Income46.1050.40-16.40717.50188.10115.10-37.90133.70
EPS (Recurring)0.840.83-0.1310.462.651.61-0.461.88
EPS (Basic, Before Extraordinaries)0.660.73-0.2410.322.661.62-0.531.88
EPS (Diluted)0.660.72-0.2410.262.651.61-0.531.88
EBITDA150.6096.5066.7097.00163.20200.70181.30142.40
Non-Operating Income (Expense)41.7064.1021.5024.30114.705.3038.2037.40
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense5.067.275.063.365.374.424.42-
Price To Earnings Ratio6.925.087.018.9912.709.897.643.04
Price To Sales Ratio2.582.393.061.491.431.221.131.33
Gross Margin21.7314.6710.5915.5225.6829.9127.8123.13
Operating Margin17.409.635.1610.4921.1726.8523.8818.57
Net Margin7.779.35-3.52133.5131.5818.71-6.1122.88
Shares Outstanding69.4069.3069.3069.2069.7071.1071.1071.00
Market Capitalization5,480.455,027.686,787.403,506.703,473.082,992.722,788.733,146.28

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments606.40380.50635.70748.50644.60325.8097.20604.10885.40
Short Term Receivables479.10571.20459.30449.10444.20449.20520.70344.70345.40
Inventories0.000.000.000.000.00279.40340.10268.10278.80
Other Current Assets102.1088.40101.9089.5090.90101.1083.1069.3072.70
Total Current Assets1,187.601,040.101,196.901,287.101,179.701,155.501,041.101,286.201,582.30
Net Property, Plant & Equipment2,158.102,017.401,708.40998.20911.4010,996.3015,155.0012,616.2012,873.70
Total Investments and Advances132.90113.40124.40111.1086.60120.90128.700.000.00
Long-Term Note Receivable357.80296.20282.30254.00249.10442.70452.90--
Intangible Assets-----2.4011.902.500.00
Deferred Tax Assets1,364.20849.50855.10-59.7021.9026.6029.4038.80
Other Assets104.20103.20155.10209.90176.30133.50115.0089.40131.10
Total Assets5,304.804,419.804,322.202,860.302,603.1012,873.2016,931.2014,023.7014,625.90
Short Term Debt Incl. Current Port. of LT Debt35.6028.0027.209.4010.0015.70145.900.000.00
Accounts Payable348.20328.50400.10256.50225.80176.40288.20210.50432.60
Other Current Liabilities307.80323.00317.00238.50186.20234.70396.60318.00325.90
Total Current Liabilities691.60679.50744.30504.40422.00426.80830.70528.50758.50
Long Term Debt1,123.301,139.601,128.20542.40545.3021.605,975.305,010.404,750.70
Provision for Risks Charges68.30106.50141.60159.80204.00319.50273.4028.1032.00
Deferred Tax Liabilities165.90158.40253.90275.00303.4013.7099.00247.70196.50
Other Liabilities84.0091.5057.2080.8051.007,721.30443.20120.20158.20
Total Liabilities2,133.102,175.502,325.201,562.401,525.708,502.907,621.605,934.905,895.90
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity3,169.602,238.501,987.601,289.901,074.704,374.609,310.908,091.408,732.10
Total Shareholders Equity3,169.602,238.501,987.601,289.901,074.704,374.609,310.908,091.408,732.10
Accumulated Minority Interest2.105.809.408.002.70-4.30-1.30-2.60-2.10
Total Equity3,171.702,244.301,997.001,297.901,077.404,370.309,309.608,088.808,730.00
Total Liabilities & Stockholders Equity5,304.804,419.804,322.202,860.302,603.1012,873.2016,931.2014,023.7014,625.90
Book Value Per Share45.8031.5327.4517.1514.3321.9347.0218.5120.03
Tangible Book Value Per Share45.8031.5327.4517.1514.3321.9246.9618.5120.03
Full-Time Employees5,0705,6425,9855,4504,9004,5005,8004,4005,400
Price to Book Ratio1.671.494.234.192.552.59---
Return on Assets20.218.5424.106.45-58.08-32.58-1.28-4.41-2.10
Return on Equity36.3517.6752.8115.03-164.95-70.96-2.28-7.51-3.59
Return on Invested Capital22.8911.0527.779.63-277.43-110.45-1.30-4.89-2.26
Quick Ratio1.721.531.612.552.802.050.841.931.72
Current Ratio1.721.531.612.552.802.711.252.432.09

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income794.43979.10369.80866.80181.80-4,487.40-4,857.60-192.20-636.60
Depreciation173.65146.30122.10101.1082.20223.20547.00609.70478.90
Other Funds (Non Cash)-31.99-107.80-15.70-14.60-179.804,164.504,186.60-690.4063.40
Funds from Operations305.70502.50482.00166.9092.10-139.20-229.70-249.00-37.70
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-85.8643.70-126.60100.6035.4073.20-22.00-27.90-18.00
Cash from Operating Activities219.84546.20355.40267.50127.50-66.00-251.70-276.90-55.70
Capital Expenditures-430.95-343.50-455.10-696.10-207.00-58.90-93.80-227.00-426.70
Net Assets From Acquisitions0.000.000.000.000.000.00-7.200.000.00
Sale of Fixed Assets and Businesses101.79137.902.8030.30150.3055.2051.80949.60-
Purchase or Sale of Investments0.000.000.000.000.000.000.00329.00111.00
Purchase of Investments0.000.000.000.00-220.000.000.00-145.00-919.00
Sale Or Maturity of Investments0.000.000.000.00220.000.000.00474.001,030.00
Other Uses0.000.000.000.000.000.000.000.000.00
Other Sources0.000.000.000.0040.000.000.000.0013.50
Cash from Investing Activities-329.16-205.60-452.30-665.80-16.70-3.70-49.201,051.60-302.20
Cash Dividends Paid0.000.000.000.000.000.000.00-4.50-17.90
Change in Capital Stock-23.93-100.00-126.40-198.600.000.000.000.000.00
Repurchase of Common Pref Stock-23.93-100.00-126.40-198.600.000.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net0.000.000.00492.600.00390.10531.30-937.60211.80
Change in Long Term Debt0.000.000.00492.600.00390.10-9.70-937.60-771.20
Issuance of Long Term Debt0.000.000.001,064.400.00520.000.00205.500.00
Reduction of Long Term Debt0.000.000.00-571.800.00-129.90-9.70-1,143.10-771.20
Net Financing Active Other Cash Flow-6.25-3.60-31.10-8.50-6.40-1.40-1.90-10.20-5.70
Other Financing Activities Uses-7.95-3.60-31.10-8.50-6.40-1.40-1.90-10.20-5.70
Cash from Financing Activities-30.17-103.60-158.30285.50-6.40388.70529.40-952.30188.20
Exchange Rate Effect-----0.50-0.200.10-0.30-0.60
Net Change in Cash-139.49237.00-255.20-112.80103.90318.80228.60-177.90-170.30
Free Cash Flow-211.11202.70-99.70-428.60-79.50-124.90-345.50-503.90-482.40
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow-17.63-------
Deferred Taxes & Investment Tax Credit--515.105.80-786.407.90-39.50-105.7023.9056.60

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments531.00547.30584.40606.40675.50516.20
Short Term Receivables538.10467.60455.00479.10513.70554.20
Inventories0.000.000.000.000.000.00
Other Current Assets127.30129.30111.10102.10115.80119.10
Total Current Assets1,196.401,144.201,150.501,187.601,305.001,189.50
Net Property, Plant & Equipment2,259.202,233.802,165.002,158.102,034.402,021.60
Total Investments and Advances146.30149.90139.60132.90119.30114.90
Deferred Tax Assets1,298.901,345.301,355.501,364.20673.90675.50
Other Assets218.30202.90185.10104.20190.70193.30
Total Assets5,482.505,448.405,363.705,304.804,638.004,503.30
Short Term Debt Incl. Current Port. of LT Debt27.9030.7037.6035.6035.0034.60
Accounts Payable393.70416.00398.50348.20327.10332.30
Income Tax Payable61.8080.5079.70---
Other Current Liabilities285.40247.60261.90307.80355.90311.80
Total Current Liabilities768.80774.80777.70691.60718.00678.70
Long Term Debt1,129.801,134.801,117.001,123.301,128.701,135.20
Provision for Risks Charges50.8059.5064.3068.3096.50100.80
Deferred Tax Liabilities167.50169.30165.20165.90161.50163.90
Other Liabilities96.9092.2077.8084.0082.7091.40
Total Liabilities2,213.802,230.602,202.002,133.102,187.402,170.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity3,271.003,220.703,161.203,169.602,447.802,329.70
Total Shareholders Equity3,271.003,220.703,161.203,169.602,447.802,329.70
Accumulated Minority Interest-2.30-2.900.502.102.803.60
Total Equity3,268.703,217.803,161.703,171.702,450.602,333.30
Total Liabilities & Stockholders Equity5,482.505,448.405,363.705,304.804,638.004,503.30
Book Value Per Share47.1346.4745.6245.8035.1232.77
Tangible Book Value Per Share47.1346.4745.6245.8035.1232.77
Full-Time Employees---5,070--
Price to Book Ratio1.671.592.141.441.491.36
Return on Assets15.7618.8820.6020.218.896.18
Return on Equity27.8933.8637.4236.3517.4912.23
Return on Invested Capital1.051.16-0.3816.715.263.32
Quick Ratio1.561.481.481.721.821.75
Current Ratio1.561.481.481.721.821.75

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income46.7146.94-18.00718.78192.02116.42
Depreciation47.4044.4142.7039.1437.8737.53
Other Funds (Non Cash)-15.89-24.66-39.5048.06-99.91-13.83
Funds from Operations124.0377.84-5.30109.12128.62148.73
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-56.74-64.9380.30-44.4873.86-20.58
Cash from Operating Activities67.2912.9175.0064.64202.48128.15
Capital Expenditures-121.84-105.05-100.90-103.16-71.13-72.15
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses42.3754.975.20-0.75111.4910.62
Purchase or Sale of Investments0.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities-79.47-50.08-95.70-103.9040.36-61.53
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock0.000.000.00-23.93-76.980.00
Repurchase of Common Pref Stock0.000.000.00-23.93-76.980.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net0.000.000.000.000.000.00
Change in Long Term Debt0.000.000.000.000.000.00
Issuance of Long Term Debt0.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.000.000.000.00
Net Financing Active Other Cash Flow-4.30-0.10-1.40-0.45-2.77-0.11
Other Financing Activities Uses-6.00-0.10-1.40-0.45-2.77-0.11
Cash from Financing Activities-4.30-0.10-1.40-24.38-79.75-0.11
Net Change in Cash-16.48-37.27-22.10-63.64163.0966.51
Free Cash Flow-54.55-92.14-25.90-38.52131.3656.01
Price to Free Cash Flow--55.1817.2213.4312.78

Revenue breakdown

Angola2024: 196.70M 2025: 293.50M
Australia2024: 276.40M 2025: 274.10M
Brazil2024: 497.90M 2025: 587.30M
Gulf of America2024: 367.40M 2025: 342.40M
Other countries2024: 649.00M 2025: 479.90M
United Kingdom2024: 375.20M 2025: 391.80M
Floaters2024: 1.44B 2025: 1.26B
Jackups2024: 754.90M 2025: 912.80M
Other Segments2024: 167.00M 2025: 195.60M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3012.02%5.8M48.5M1.06M
2026-10-1510.92%5.3M48.5M1.08M
2026-09-3011.72%5.7M48.5M1.09M
2026-09-1512.30%6.0M48.5M1.08M
2026-08-3113.37%6.5M48.4M974.27K
2026-08-1412.21%5.9M48.4M994.91K
2026-07-3112.03%5.8M48.4M932.94K
2026-07-1513.51%6.5M48.3M944.43K
2026-06-3012.85%6.2M48.3M941.25K
2026-06-1514.43%6.8M46.9M958.73K
2026-05-2914.44%7.0M48.3M981.93K
2026-05-1515.34%7.4M48.3M1.12M
2026-04-3014.96%7.2M48.1M1.58M
2026-04-1515.75%7.6M48.1M1.61M
2026-03-3116.43%7.9M48.2M1.62M
2026-03-1314.61%7.0M48.2M1.60M
2026-02-2714.70%7.1M48.2M1.60M
2026-02-1311.81%5.7M48.2M1.45M
2026-01-3010.77%6.6M61.2M1.01M
2026-01-159.89%6.1M61.2M1.05M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call40.0040.0043.100.003.5110.000.000.994-0.0270.002
call42.5037.5040.600.003.2590.000.000.994-0.0270.002
call45.0035.0038.1034.973.02210.000.000.993-0.0270.002
call47.5032.5035.600.002.7970.000.000.949-0.1790.013
call50.0030.0033.100.002.5830.000.000.945-0.1760.014
call55.0025.0028.200.002.2280.000.000.935-0.1690.016
call60.0019.7023.3021.501.8521.000.000.922-0.1610.019
call65.0014.8018.0017.851.4240.000.000.904-0.1500.022
call67.5012.5015.600.001.2900.000.000.892-0.1440.024
call70.0010.4013.2034.161.1520.000.000.877-0.1360.026
call72.508.1010.400.000.8960.000.000.852-0.1320.030
call75.005.808.3030.890.8354.000.000.789-0.1550.037
call77.503.806.500.000.8110.000.000.697-0.1850.045
call80.002.104.5020.450.7052.000.000.588-0.2460.050
call82.501.803.206.500.6949.000.000.489-0.2100.051
call85.001.102.551.300.7601,0020.000.400-0.2200.050
call87.500.051.8517.750.7734.000.000.314-0.2020.046
call90.000.001.051.140.7151,1100.000.212-0.1480.037
call92.500.000.800.651.1481880.000.228-0.2310.039
call95.000.000.750.741.20353.000.000.201-0.2250.036
call97.500.000.752.201.26066.000.000.180-0.2190.034
call1000.000.758.401.2421060.000.145-0.1880.030
call1050.000.753.401.35410.000.000.121-0.1800.026
call1100.000.753.651.2938.000.000.073-0.1190.018
call1150.000.750.051.4900.000.000.092-0.1750.021
call1200.000.750.051.62411.000.000.086-0.1810.020
call1250.000.754.301.6561.000.000.060-0.1300.015
call1300.000.753.601.7631.000.000.057-0.1340.015
call1350.000.750.001.8640.000.000.055-0.1360.014
call1400.000.750.001.9600.000.000.053-0.1390.014
call1450.000.751.902.0520.000.000.051-0.1420.013
call1500.000.752.202.1394.000.000.049-0.1440.013
call1550.000.751.802.2235.000.000.048-0.1460.013
put40.000.000.750.001.9050.000.00-0.006-0.0220.002
put42.500.000.750.051.7556.000.00-0.006-0.0220.002
put45.000.000.050.061.48215.000.00-0.007-0.0200.003
put47.500.000.750.052.36553.000.00-0.051-0.1740.013
put50.000.000.750.102.1785.000.00-0.055-0.1710.014
put55.000.000.751.851.82814.000.00-0.065-0.1630.016
put60.000.000.750.351.5034.000.00-0.078-0.1540.019
put65.000.000.750.121.19516.000.00-0.096-0.1430.022
put67.500.000.750.201.0464.000.00-0.108-0.1360.024
put70.000.000.750.100.89916.000.00-0.123-0.1280.026
put72.500.000.803.200.7691.000.00-0.148-0.1240.030
put75.000.301.151.850.71713.000.00-0.211-0.1470.037
put77.500.052.053.000.7006.000.00-0.303-0.1770.045
put80.001.354.202.050.9855.001.00-0.412-0.2370.050
put82.502.204.402.900.77238.000.00-0.511-0.2010.051
put85.004.306.401.000.8717.000.00-0.600-0.2110.050
put87.506.008.300.000.7590.000.00-0.690-0.1840.046
put90.007.2010.403.000.97322.000.00-0.788-0.1380.037
put92.509.5013.2013.151.1041.000.00-0.836-0.1230.032
put95.0012.1016.006.401.0441.000.00-0.857-0.1250.029
put97.5014.8017.704.401.28792.000.00-0.868-0.1320.027
put10016.9020.9017.451.2223.000.00-0.878-0.1380.026
put10521.9025.700.001.5010.000.00-0.891-0.1480.024
put11026.9030.600.001.6760.000.00-0.901-0.1560.022
put11532.0035.300.001.8370.000.00-0.908-0.1620.021
put12037.0040.4037.201.9881.000.00-0.914-0.1680.020
put12541.7046.200.002.4480.000.00-0.919-0.1730.019
put13046.7051.300.002.5890.000.00-0.923-0.1780.019
put13551.6056.200.002.7220.000.00-0.926-0.1820.018
put14056.7061.200.002.8470.000.00-0.929-0.1860.018
put14561.8066.000.002.9660.000.00-0.931-0.1890.017
put15066.7071.200.003.0480.000.00-0.934-0.1920.017
put15571.7075.900.003.1550.000.00-0.936-0.1950.016

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-0310-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-028-KCurrent report2026-11-02SEC
2026-11-028-KCurrent report2026-11-02SEC
2026-10-30DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-10-23DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-10-238-KCurrent report2026-10-23SEC
2026-10-14DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-10-148-KCurrent report2026-10-14SEC
2026-10-14DEFM14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-09-30DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-09-308-KCurrent report2026-09-30SEC
2026-09-03144Filing for proposed sale of securities under Rule 144.SEC
2026-08-12SCHEDULE 13D/ASEC
2026-08-11144Filing for proposed sale of securities under Rule 144.SEC
2026-08-10SCHEDULE 13G/ASEC
2026-08-0610-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-058-KCurrent report2026-08-05SEC
2026-08-058-KCurrent report2026-08-05SEC
2026-07-074Statement of changes in beneficial ownership of securities2026-07-03SEC
2026-07-024Statement of changes in beneficial ownership of securities2026-07-01SEC
2026-07-01DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-07-018-KCurrent report2026-06-29SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-10SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-10SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-10SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-10SEC
2026-06-124Statement of changes in beneficial ownership of securities2026-06-10SEC
2026-06-108-KCurrent report2026-06-10SEC
2026-06-08SCHEDULE 13D/ASEC
2026-05-27144Filing for proposed sale of securities under Rule 144.SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.11.86%
OAK HILL ADVISORS LP5.64%
DIMENSIONAL FUND ADVISORS LP4.90%
VANGUARD PORTFOLIO MANAGEMENT LLC4.19%
VANGUARD CAPITAL MANAGEMENT LLC3.76%
STATE STREET CORP3.64%
MORGAN STANLEY3.27%
GOLDMAN SACHS GROUP INC2.75%
GEODE CAPITAL MANAGEMENT, LLC2.37%
AMERICAN CENTURY COMPANIES INC2.32%

Funds

Fund% owned
Lord Abbett Short Duration High Yield Fund59.55%
VANGUARD HIGH-YIELD CORPORATE FUND45.60%
PIMCO High Yield Fund34.40%
iShares Broad USD High Yield Corporate Bond ETF32.10%
PIMCO CORPORATE & INCOME OPPORTUNITY FUND28.15%
iShares iBoxx $ High Yield Corporate Bond ETF19.63%
BlackRock High Yield Portfolio16.34%
State Street(R) SPDR(R) Bloomberg High Yield Bond ETF14.78%
iShares 0-5 Year High Yield Corporate Bond ETF13.42%
State Street(R) SPDR(R) Portfolio High Yield Bond ETF12.71%

OakChart. VAL. Cached 15 minutes.