Valaris VAL
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Valaris (VAL) Business Model and Operations Summary
Valaris Ltd is an offshore contract drilling company. The company provides offshore contract drilling services to the international oil and gas industry with operations in almost every offshore market across six continents. Its business consists of four operating segments: Floaters, which includes drillships and semisubmersible rigs; Jackups; ARO; and Other, which consists of management services on rigs owned by third parties. It generates the majority of its revenue from the Floaters segment.
Key Insights
Valaris (VAL) Core Market Data and Business Metrics
Latest Closing Price
$40.64Market Cap
$2.88 BillionPrice-Earnings Ratio
7.94Total Outstanding Shares
71.03 Million SharesTotal Employees
5,642Dividend
No dividendIPO Date
May 3, 2021SIC Description
Drilling Oil & Gas WellsPrimary Exchange
New York Stock ExchangeHeadquarters
Clarendon House, Hamilton, D0, HM 11
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities | $-452.30 Million |
| Net Cash Flow From Operating Activities | $355.40 Million |
| Net Cash Flow From Investing Activities, Continuing | $-452.30 Million |
| Net Cash Flow From Financing Activities, Continuing | $-158.30 Million |
| Net Cash Flow From Operating Activities, Continuing | $355.40 Million |
| Net Cash Flow From Financing Activities | $-158.30 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Income/Loss From Continuing Operations Before Tax | $370.20 Million |
| Gross Profit | $601.70 Million |
| Income/Loss Before Equity Method Investments | $381.20 Million |
| Basic Average Shares | $72.10 Million |
| Revenues | $2.36 Billion |
| Income Tax Expense/Benefit | $400,000 |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $382.40 Million |
| Other Comprehensive Income/Loss | $9 Million |
| Comprehensive Income/Loss | $378.80 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $-3.60 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Noncurrent Assets | $3.34 Billion |
| Noncurrent Liabilities | $1.50 Billion |
| Other Current Assets | $507.50 Million |
| Current Assets | $1.08 Billion |
| Accounts Payable | $328.50 Million |
| Equity Attributable To Parent | $2.24 Billion |
Historical Dividends
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| No historical dividends | ||||