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Stock impact report

Valaris Limited (VAL): A Bull Case Theory [Yahoo! Finance]

Valaris Limited Common Shares (VAL) 
Last valaris limited common shares earnings: 4/29 09:50 pm Check Earnings Report
US:NYSE Investor Relations: investors.sherwin-williams.com
Company Research Source: Yahoo! Finance
Valaris Limited's share was trading at $95.75 as of February 20th. VAL's trailing and forward P/E were 13.14 and 13.95 respectively according to Yahoo Finance. Jim Cramer Discusses Exxon (XOM) & Venezuela Operation Pixabay/Public Domain Valaris Limited, together with its subsidiaries, provides offshore contract drilling services in Brazil, the United Kingdom, U.S. Gulf of Mexico, Australia, Angola, and internationally. VAL has delivered a powerful validation of the offshore drilling bull thesis, rising approximately 70% since it was first highlighted in the low-$40s as tight rig supply, accelerating day rates, and disciplined capital allocation began to be reflected in its valuation. The most consequential development yet is Transocean's agreement to acquire Valaris in an all-stock transaction valued at roughly $5.8 billion, a move that crystallizes the strategic value embedded in Valaris's premium fleet. Under the terms, Valaris shareholders will receive 15.235 shares of Tran Show less Read more
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