30-Jan-2026
No headlines found.
Valaris Announces Multi-Year Contract Award for Drillship VALARIS DS-8
Business Wire (Thu, 11-Dec 7:02 PM ET)
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.
Valaris Limited Common Shares trades on the NYSE stock market under the symbol VAL.
As of January 30, 2026, VAL stock price declined to $57.73 with 1,275,600 million shares trading.
VAL has a beta of 1.77, meaning it tends to be more sensitive to market movements. VAL has a correlation of 0.30 to the broad based SPY ETF.
VAL has a market cap of $4.02 billion. This is considered a Mid Cap stock.
Last quarter Valaris Limited Common Shares reported $596 million in Revenue and $2.65 earnings per share. This beat revenue expectation by $29 million and exceeded earnings estimates by $1.70.
In the last 3 years, VAL traded as high as $84.20 and as low as $27.15.
The top ETF exchange traded funds that VAL belongs to (by Net Assets): IJH, IWM, VTI, AVUV, VB.
VAL has outperformed the market in the last year with a price return of +18.4% while the SPY ETF gained +15.6%. However, in the short term, VAL had mixed performance relative to the market. It has underperformed in the last 3 months, returning +0.1% vs +2.1% return in SPY. But in the last 2 weeks, VAL shares have fared better than the market returning +6.9% compared to SPY 0.0%.
VAL support price is $57.00 and resistance is $60.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VAL shares will trade within this expected range on the day.