Edited Transcript of VAL earnings conference call or presentation 30-Apr-20 2:00pm GMT [Yahoo! Finance News]
Valaris Limited Common Shares (VAL)
Last valaris limited common shares earnings: 4/29 09:50 pm
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US:NYSE Investor Relations:
investors.sherwin-williams.com
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Source: Yahoo! Finance News
Over the past month, we received a total of 9 such inquiries, and we anticipate that fewer than half of these inquiries will lead to work for Valaris or its competitors. Not surprisingly, with several rigs in the global fleet having come off contract over the past several weeks without follow-on jobs and a shortage of new opportunities, we've already seen global rig utilization drop. This challenging environment is also impacting existing contracts for offshore drillers as operators move to cancel and delay well programs, along with asking for pricing concessions and other modifications to contract terms.Most of our customers have asked for some kind of change to current contract arrangements. We have had 4 contracts terminated and agreed to modify several others. One of the contract terminations we received was for the VALARIS DS-8, which had been operating offshore West Africa, when the rig's blowout preventer became disconnected following a nondrilling incident. At the time, this c
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VAL
News
- 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
- Valaris Limited (NYSE: VAL) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
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