Oil Demand Dynamics for 2024: Asia-Pacific to Drive Growth [Yahoo! Finance]
Valaris Limited Common Shares (VAL)
Last valaris limited common shares earnings: 4/29 09:50 pm
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Source: Yahoo! Finance
This forecast, released by energy research firm Wood Mackenzie, aligns closely with estimates provided by the oil-producing group OPEC. Considering the resilient demand expectations, we believe that oil's current levels of around $78 allow long-term-oriented market participants to buy shares in quality companies at attractive prices. Investors interested in the sector could benefit from having top-ranked stocks like Valaris Limited VAL, Murphy USA MUSA and Sunoco LP SUN in their portfolio. Asia-Pacific to Play Key Role According to WoodMac, the surge in demand will primarily be driven by the Asia-Pacific (APAC) region, which is expected to account for over 63% of the total increase. China and India are set to play significant roles in driving this increased consumption, with the former expected to contribute 496,000 bpd and the latter 161,000 bpd to the rise in usage. Conversely, Europe is forecast to experience a decrease in oil demand by 44,000 bpd due to lackluster economic
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News
- Valaris Limited (NYSE: VAL) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- Valaris Schedules First Quarter 2024 Earnings Release and Conference CallBusiness Wire
- Valaris (VAL) Receives Rig's Suspension Notice From Aramco [Yahoo! Finance]Yahoo! Finance
- Valaris Announces Contract Suspension for Jackup VALARIS 143Business Wire
- Valaris: Buy Despite Near-Term Jackup Market Headwinds [Seeking Alpha]Seeking Alpha
VAL
Earnings
- 2/21/24 - Beat
VAL
Sec Filings
- 4/17/24 - Form ARS
- 4/17/24 - Form DEF
- 4/17/24 - Form DEFA14A
- VAL's page on the SEC website