Evercore ISI Group initiated coverage on Valaris with a new price target
$VAL
Oil & Gas Production
Energy
Evercore ISI Group initiated coverage of Valaris with a rating of Outperform and set a new price target of $72.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/15/2024 | Buy → Hold | The Benchmark Company | |
| 9/24/2024 | $62.00 | Neutral | Susquehanna |
| 7/16/2024 | Outperform → Neutral | Pickering Energy Partners | |
| 11/28/2023 | $100.00 | Overweight | CapitalOne |
| 11/9/2023 | $84.00 → $106.00 | Equal Weight → Overweight | Barclays |
| 7/5/2023 | $85.00 | Buy | Citigroup |
| 1/19/2023 | $95.00 | Buy | The Benchmark Company |
| 2/8/2022 | $72.00 | Outperform | Evercore ISI Group |
Barclays analyst Eddie Kim maintains Valaris (NYSE:VAL) with a Overweight and lowers the price target from $102 to $98.
Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Valaris (NYSE:VAL) in the last three months. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 3 0 0 0 Last 30D 1 0 0 0 0 1M Ago 1 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 3 0 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $98.4, with a high estimate of $105.00 and a low estimate of $90.00. This current average has decre
4 - Valaris Ltd (0000314808) (Issuer)
4 - Valaris Ltd (0000314808) (Issuer)
4 - Valaris Ltd (0000314808) (Issuer)
Valaris Limited (NYSE:VAL) ("Valaris" or the "Company") today reported third quarter 2024 results. President and Chief Executive Officer Anton Dibowitz said, "We delivered strong operating performance and financial results in the third quarter, including solid free cash flow generation. Our fleetwide revenue efficiency of 98% included a full quarter of operations for VALARIS DS-7 following its contract startup in the second quarter. Building on our track record of safe, reliable and efficient operations, we are proud to be recognized for the second consecutive year by the Center for Offshore Safety with its Safety Leadership Award for the development of our Restricted Zone Analysis tool."
Valaris Limited (NYSE:VAL) ("Valaris" or the "Company") will hold its third quarter 2024 earnings conference call at 9:00 a.m. CST (10:00 a.m. EST) on Thursday, October 31, 2024. The earnings release will be issued before the New York Stock Exchange opens that morning. The conference call will be webcast live at www.valaris.com. Alternatively, callers may dial +1-855-239-3215 within the United States or +1-412-542-4130 from outside the U.S. It is recommended that participants call 10 minutes prior to the scheduled start time. A webcast replay and transcript of the call will be available on the Company's website. A replay will also be available through November 30, 2024, by dialing +1-877-
Valaris Limited (NYSE:VAL) ("Valaris" or the "Company") today announced that President and Chief Executive Officer Anton Dibowitz will present at the Barclays CEO Energy-Power Conference in New York City on Tuesday, September 3, 2024, beginning at 1:50 pm EDT. Investor materials to be used during the conference will be available on Valaris' website at www.valaris.com the morning of the event. A live webcast will be available at the time of the presentation in the "Investors – Events & Presentations" section of the Company's website www.valaris.com. A replay of the presentation will be available for 180 days following the completion of the conference. About Valaris Limited Valaris Limi
10-Q - Valaris Ltd (0000314808) (Filer)
8-K - Valaris Ltd (0000314808) (Filer)
8-K - Valaris Ltd (0000314808) (Filer)
SC 13G/A - Valaris Ltd (0000314808) (Subject)
SC 13D/A - Valaris Ltd (0000314808) (Subject)
SC 13G - Valaris Ltd (0000314808) (Subject)
International Seaways, Inc. (NYSE:INSW) ("the Company" or "INSW"), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today announced proposed changes to its Board of Directors (the "Board") ahead of the Company's 2024 Annual Meeting of Stockholders (the "Annual Meeting), which is expected to be held in June 2024. The Company will nominate Kristian K. Johansen and Darron M. Anderson for election as independent directors to the Board at the Annual Meeting. In addition, Joseph I. Kronsberg will be retiring from the Board and will not stand for re-election. The nomination of Mr. Johansen follows discussions with repres
Tidewater Inc. (NYSE:TDW) ("Tidewater" or the "Company") announced that Dick H. Fagerstal has been appointed non-executive Chairman of the Board. In addition, the Board has reduced the size of the Board from nine to eight members. Mr. Fagerstal stated, "I am honored to assume the role of Chairman of the Board of Tidewater at such an exciting time for our industry. I believe the Company is well positioned to capitalize on the increasing global offshore activity with recently closed (and pending) additions to its fleet of offshore vessels. "Having been associated with the offshore service industry for the past 35+ years and having served on the Tidewater board for the past six years, I am
Valaris Limited (NYSE:VAL) ("Valaris" or the "Company") announced today that ARO Drilling, its 50/50 joint venture with Saudi Aramco, has appointed Mohamed Hegazi as Chief Executive Officer, effective immediately. Mohamed Hegazi previously served as Chief Executive Officer of TGT Diagnostics, a provider of wellbore integrity measurement solutions to the oil and gas industry. Prior to being appointed Chief Executive Officer in 2015, Mr. Hegazi served as Chief Operating Officer and Managing Director from 2012 to 2014. Before joining TGT Diagnostics, Mr. Hegazi held various senior leadership positions at SLB (formerly Schlumberger). Mr. Hegazi replaces Derek Kent as ARO Chief Executive Off
Valaris Limited (NYSE:VAL) ("Valaris" or the "Company") today reported third quarter 2024 results. President and Chief Executive Officer Anton Dibowitz said, "We delivered strong operating performance and financial results in the third quarter, including solid free cash flow generation. Our fleetwide revenue efficiency of 98% included a full quarter of operations for VALARIS DS-7 following its contract startup in the second quarter. Building on our track record of safe, reliable and efficient operations, we are proud to be recognized for the second consecutive year by the Center for Offshore Safety with its Safety Leadership Award for the development of our Restricted Zone Analysis tool."
Valaris Limited (NYSE:VAL) ("Valaris" or the "Company") will hold its third quarter 2024 earnings conference call at 9:00 a.m. CST (10:00 a.m. EST) on Thursday, October 31, 2024. The earnings release will be issued before the New York Stock Exchange opens that morning. The conference call will be webcast live at www.valaris.com. Alternatively, callers may dial +1-855-239-3215 within the United States or +1-412-542-4130 from outside the U.S. It is recommended that participants call 10 minutes prior to the scheduled start time. A webcast replay and transcript of the call will be available on the Company's website. A replay will also be available through November 30, 2024, by dialing +1-877-
Valaris Limited (NYSE:VAL) ("Valaris" or the "Company") today reported second quarter 2024 results. President and Chief Executive Officer Anton Dibowitz said, "In the second quarter, we built on our excellent start to 2024 with another quarter of strong safety and operating performance, delivering revenue efficiency of 99% without a lost time incident. In addition, we achieved a meaningful improvement in our financial results during the second quarter, driven in part by a successful contract startup for VALARIS DS-7 – our sixth drillship reactivation completed since 2022." Dibowitz added, "In July, we secured a new multi-year contract with Equinor offshore Brazil for VALARIS DS-17, whic
The Benchmark Company downgraded Valaris from Buy to Hold
Susquehanna initiated coverage of Valaris with a rating of Neutral and set a new price target of $62.00
Pickering Energy Partners downgraded Valaris from Outperform to Neutral