Valaris (VAL) Receives Rig's Suspension Notice From Aramco [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
The Valaris 143 jack-up rig got a suspension notice from Aramco for a period of up to twelve months. The contract was previously slated to end in December 2024. The rig, Valaris 143 (EXL I), has been leased to ARO under a bareboat charter contract. ARO Drilling is a JV between Valaris and Saudi Aramco. ARO Drilling is in discussion with Aramco to determine the effective date of suspension. Valaris also mentioned that ARO can opt to terminate the drilling agreement with Aramco during the suspension period. The suspension notice came after Aramco received a directive from Saudi Arabia's Ministry of Energy in January 2024. The directive instructed Saudi Aramco to maintain its maximum sustainable capacity (MSC) at 12 million barrels per day (MMBD) and discontinue plans to further increase it to 13 MMBD. Apart from ARO Drilling, Borr Drilling also received a suspension notice from Saudi Aramco. Furthermore, four Shelf Drilling jack-ups, five ADES jack-ups, three Arabian Drilling jack
Show less
Read more
Impact Snapshot
Event Time:
VAL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
VAL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
VAL alerts
High impacting Valaris Limited Common Shares news events
Weekly update
A roundup of the hottest topics
VAL
News
- Valaris Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Valaris Reports First Quarter 2024 ResultsBusiness Wire
- Valaris Issues Fleet Status ReportBusiness Wire
- 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
VAL
Earnings
- 5/1/24 - Miss
VAL
Sec Filings
- 5/2/24 - Form 8-K
- 5/1/24 - Form 8-K
- 4/17/24 - Form ARS
- VAL's page on the SEC website