Valaris plc

Valaris Plc is created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company in the world. We provide drilling services across all water depths with unmatched scale, geographic presence and customer relationships. Our diverse rig fleet of ultra-deepwater drillships, versatile

Valaris Plc is created by the combination of two leading offshore drillers with decades of experience and knowledge to create the most capable, effective and highest performing offshore drilling service company in the world. We provide drilling services across all water depths with unmatched scale, geographic presence and customer relationships. Our diverse rig fleet of ultra-deepwater drillships, versatile.

LONDON, April 28, 2021 /PRNewswire/ -- Valaris plc ("Valaris" or the "Company") today reported a net loss attributable to the Company of $910 million, or $4.56 per share, for the first quarter 2021 compared to a net loss of $71 million, or $0.36 per share, in the fourth quarter 2020. The Company reported adjusted EBITDA of $28 million in the first quarter 2021 compared to negative $10 million in the fourth quarter 2020, and an adjusted loss of $0.39 per share in the first quarter 2021 versus an adjusted loss of $0.65 per share in the prior quarter.

Valaris plc Reports First Quarter 2021 Results

LONDON, March 3, 2021 /PRNewswire/ -- Valaris plc (OTC: VALPQ) ("Valaris" or the "Company") today announced that it has received approval from the United States Bankruptcy Court for the Southern District of Texas of its prearranged Plan of Reorganization (the "Plan"). In addition to...

Valaris Receives Court Approval of Chapter 11 Plan of Reorganization

LONDON, Feb. 8, 2021 /PRNewswire/ -- Valaris plc (OTC: VALPQ) ("Valaris" or, together with certain of its affiliates, the "Company") today announced that, on February 5, 2021, the Company, certain holders ("Noteholders") of the Company's outstanding unsecured notes (the "Senior Notes")...

Valaris plc Announces Amended Restructuring Support Agreement and Backstop Commitment Agreement

Valaris (VALPQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Valaris (VALPQ) Q3 Earnings Expected to Decline

LONDON, Sept. 15, 2020 /PRNewswire/ -- Valaris plc (OTC: VALPQ) ("Valaris" or the "Company") today announced that the joinder period under its Restructuring Support Agreement (the "RSA") and Backstop Commitment Agreement (the "BCA") has expired and that holders of 72% in aggregate.

Valaris plc Announces Expiration of Joinder Period

Valaris filed for bankruptcy and presents its restructuring support agreement. The plan looks realistic and is based on conservative assumptions which should be carefully studied by investors in those drillers that did not yet file for bankruptcy.

News for Valaris plc Stock (VALPQ)