VAL · Valaris Ltd
$87.76
-1.24 (-1.39%)
At close · Aug 21
Market Cap
$6.18B
Shares
69.44M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$87.76
Open$89.98
Day$87.71–91.22
52W close$46.18–113.42
Avg vol 30d1.1M
Short int5.8M · 8.4% float · 6.0d
Short vol48%
Last earningsAug 5, 2026
DataMay 2021–Aug 2026
Filing10-Q · Aug 6
Up next
Next earnings call
Nov 5, 2026
Est · unconfirmed
· in 11 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Aug 6, 2026
Equibles Rating
blended score · not investment adviceOverall
Neutral
SellHoldBuy
Technical
Buy
Momentum
Neutral
Sentiment
Neutral
Fundamentals
Excellent
Quant / Vol
High
Market backdrop
VIX 15.1 · calm
Equity put/call 0.58
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+12%
above
Price vs 50-day avg
+10%
above
RSI (14)
63
neutral
MACD trend
Positive
52-week position
62%
mid-range
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
+10%
trailing
6-month return
−5%
trailing
YTD return
+74%
this year
Relative strength
−17%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $80 › 200d $78 — 50d above 200d
Institutional flow
Distributing
-8% holders QoQ · +45 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
8.38% of float · ▼ -10.7% MoM · 6.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
335 holders — mid 3-yr range
Squeeze score
61
elevated · 0–100
Fundamentals
Revenue growth
+0%
Y/Y
EPS growth
+171%
Y/Y
Free cash flow
$202.7M
Buyback
$175.0M
remaining
Balance sheet
$486.6M
net debt
Quant / Vol
risk profile
Volatility
60%
annualized · 1-yr
Max drawdown
−36%
past year
ATR
3.7%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Feb 19, 2026
Total operating revenues
· FY 2026
$2.13B – $2.21B
Adjusted EBITDA
· FY 2026
Non-GAAP
$485M – $565M
Capital expenditures
· FY 2026
$425M – $475M
Upfront payments from customers related to contract-specific upg
· FY 2026
$110M
Prior guidance
period ended
· from the Earnings Call filed Mar 31, 2024
Total revenues
· second quarter
$580M – $600M
Contract drilling expense
· second quarter
$460M – $470M
General and administrative expense
· second quarter
$30M
Adjusted EBITDA
· second quarter
$85M – $105M
CapEx
· second quarter
$100M – $110M
Adjusted EBITDA
· full year
$500M – $600M
Capital expenditures
· full year
$420M – $460M
EBITDA
· 2024
$500M – $600M
Guided vs delivered
· last 4 settled
Total revenues
fourth quarter 2023
guided $480M – $490M
$483.8M
In line
Revenues
full year 2024
guided $2.25B – $2.35B
$2.36B
Beat +2.7%
Total revenues
third quarter 2023
guided $475M – $485M
$455.1M
Miss −5.2%
Revenues
full-year 2023
guided $1.8B – $1.83B
$1.78B
Miss −1.7%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+12%
Bullish
Price vs 50-day avg
+10%
Bullish
RSI (14)
63
Neutral
MACD trend
Positive
Bullish
52-week position
62%
Neutral
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $80 › 200d $78 — 50d above 200d
Institutional flow
Distributing
-8% holders QoQ · +45 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
8.38% of float · ▼ -10.7% MoM · 6.0 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
335 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $46
Now $88 · 62%
Range high $113
vs 200-day avg +12%
vs 50-day avg +10%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $96.5M | Six Months Ended Jun 30, 2026 | — |
|
|
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| ADJUSTED EBITDA (1) — Valaris Total non-GAAP | $96.5M | Three Months Ended Jun 30, 2026 | — |
| Adjusted EBITDA — ARO Drilling non-GAAP | $44.7M | Three Months Ended Jun 30, 2026 | — |
| AVERAGE DAILY REVENUE (1) — ARO Drilling Total | $113,000 | Three Months Ended Jun 30, 2026 | — |
| AVERAGE DAILY REVENUE (1) — Valaris Total | $189,000 | Three Months Ended Jun 30, 2026 | — |
| Backlog added for North Sea jackup fleet | $160M | Q2 2026 | — |
| CONTRACT BACKLOG (1) — ARO Drilling Total | $1.83B | Aug 5, 2026 | — |
| CONTRACT BACKLOG (1) — Valaris Total | $4.59B | Aug 5, 2026 | — |
| Leased Rigs Backlog | $1.12B | As of Aug 5, 2026 | — |
| NUMBER OF RIGS (AT QUARTER END) — ARO Drilling Total | 16 | Jun 30, 2026 | — |
| NUMBER OF RIGS — Total | 44 | Jun 30, 2026 | — |
| OPERATING DAYS (1) — Total | 2,647 | Three Months Ended Jun 30, 2026 | — |
| OPERATING DAYS (5) — ARO Drilling Total | 1,116 | Three Months Ended Jun 30, 2026 | — |
| Owned Rigs Backlog | $713.9M | As of Aug 5, 2026 | — |
| Revenue Efficiency | 99% | Three Months Ended Jun 30, 2026 | — |
|
|
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| REVENUE EFFICIENCY (1) — Total | 98% | Three Months Ended Jun 30, 2026 | — |
| Utilization | 77% | Three Months Ended Jun 30, 2026 | — |
| UTILIZATION - ACTIVE FLEET (1) (2) — Valaris Total | 79% | Three Months Ended Jun 30, 2026 | — |
| UTILIZATION - TOTAL FLEET (1) — Valaris Total | 61% | Three Months Ended Jun 30, 2026 | — |
| Total backlog | $4.9B | first quarter | — |
|
|
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| new contract backlog | $900M | Q4 2025 | — |
| share repurchases | $100M | FY 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas Drilling — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
VAL
this stock
Valaris Ltd
|
$6.18B | +74.1% | +0.3% | 6.7 | 8.4% |
|
NE
Noble Corp plc
|
$7.39B | +63.8% | +7.4% | 49.8 | 9.4% |
|
RIG
Transocean Ltd.
|
$6.61B | +43.3% | -28.6% | — | 22.8% |
|
PTEN
Patterson Uti Energy Inc
|
$4.71B | +102.0% | -10.3% | — | 7.9% |
|
HP
Helmerich & Payne, Inc.
|
$4.35B | +51.8% | +35.9% | — | 8.4% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| VAL | +2.5% | +10.4% | -5.2% | +10.8% | +74.1% |
| SPY | -1.4% | +3.6% | +11.6% | +2.5% | +12.3% |
| vs SPY | +3.9% | +6.7% | -16.8% | +8.3% | +61.8% |
Capital returns
Buyback program
· as of Jun 30, 2026
Authorized
$600.00M
Spent (derived)
$425.00M
Remaining
$175.00M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.