VAL Valaris Plc

All VAL filings Filing statistics SEC

Valaris Plc engages in the provision of offshore contract drilling services to the international oil and gas industry. It operates its business through the following segments: Floaters, Jackups, and Others. The Floaters segment includes drill ships and semisubmersible rigs. The Jackups segment offers contract drilling service. The Others segment consists of management services on rigs owned by third-parties. The company was founded on July 3, 1905 and is headquartered in London, the United Kingdom.

Company profile

Ticker

VAL

Exchange

NYSE

Website

valaris.com

CEO

Thomas Peter Burke

Location

United Kingdom

Fiscal year end

Dec 31

Sector

Industrial Services > Contract Drilling

Industry (SEC)

Drilling Oil & Gas Wells

Transocean • Seadrill • Diamond Offshore Drilling • Noble • Helmerich & Payne • Pacific Drilling • Seadrill Partners • Nabors Industries • Vantage Drilling International • Parker Drilling ...

Former names

Energy Service Company Inc, Ensco International Inc, Ensco International plc, Ensco plc, Ensco Rowan plc

SEC CIK

0000314808

Corporate docs

Articles of Incorporation & Bylaws

IRS number

980635229

VAL stock data

S&P 500

1M 1Y 2Y 5Y

Company financial data Financial data

Chart VAL financial data

Quarter (USD)	Sep 19	Jun 19	Mar 19	Dec 18
Revenue	551.3M	583.9M	405.9M	399M
Net income	-197.1M	405.5M	-129.2M	-203.6M
Diluted EPS	-1	2.09	-1.01	-0.47
Net profit margin	-35.75%	69.45%	-31.83%	-51.03%
Operating income	-236.2M	-157.4M	-95.8M	-110.1M
Net change in cash	-829.6M	684M	0	79.1M
Cash on hand	129.5M	959.1M	275.1M	275.1M

Annual (USD)	Dec 18	Dec 17	Dec 16	Dec 15
Revenue	1.71B	1.84B	2.78B
Net income	-639.7M	-303.7M	890.2M	-1.59B
Diluted EPS	-1.47	-0.91	3.13	-6.88
Net profit margin	-37.51%	-16.48%	32.06%
Operating income	-235.9M	-132M	929.3M	-1.24B
Net change in cash	-170.3M	-714.3M	1.04B	-543.5M
Cash on hand	275.1M	445.4M	1.16B	121.3M

Financial data from Valaris earnings reports

Institutional ownership Q3 2019

VAL institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	197	10	+1870.0%
Opened positions	192	10	+1820.0%
Closed positions	5	0	+Infinity%
Increased positions	2	0	+Infinity%
Reduced positions	3	0	+Infinity%

13F shares	Current	Prev Q	Change
Total value	916.27M	23.27M	+3837.9%
Total shares	190.52M	2.73M	+6884.1%
Total puts	9.79M	0	+Infinity%
Total calls	2.97M	0	+Infinity%
Total put/call ratio	3.3	NaN	NaN%

Largest owners	Shares	Value	Change
Vanguard	20.6M	$99.09M	NEW
BLK BlackRock	19.98M	$96.09M	NEW
Contrarius Investment Management	19.27M	$92.67M	NEW
GS The Goldman Sachs Group, Inc.	15.94M	$76.66M	NEW
Dimensional Fund Advisors	11.97M	$57.6M	NEW
MS Morgan Stanley	10.52M	$50.6M	NEW
Odey Asset Management	9.15M	$44.02M	NEW
Luminus Management	8.89M	$42.76M	NEW
Ruffer	7.8M	$37.38M	NEW
Canyon Capital Advisors	7.31M	$35.14M	NEW

Largest transactions	Shares	Bought/sold	Change
Vanguard	20.6M	+20.6M	NEW
BLK BlackRock	19.98M	+19.98M	NEW
Contrarius Investment Management	19.27M	+19.27M	NEW
GS The Goldman Sachs Group, Inc.	15.94M	+15.94M	NEW
Dimensional Fund Advisors	11.97M	+11.97M	NEW
MS Morgan Stanley	10.52M	+10.52M	NEW
Odey Asset Management	9.15M	+9.15M	NEW
Luminus Management	8.89M	+8.89M	NEW
Ruffer	7.8M	+7.8M	NEW
Canyon Capital Advisors	7.31M	+7.31M	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Atwood Oceanics

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: accommodation, andChief, appoint, appointed, Arabian, BakshtExecutive, Brady, broader, California, charge, classification, complaint, Corrupt, counsel, count, DarbyVice, Deutsche, disagree, drawn, economy, failed, false, formation, formatted, Ghana, growth, krone, membership, methodology, Mexican, misleading, Norwegian, Page, plaintiff, President, purported, recoverable, repaid, repayment, slight, Steve, strongly, Vice, violated, Xiaoyuan, Zhang

Removed: age, cancelled, declaration, EPS, erosion, iii, oversupply, quickly, recovering, revolving

From filing 10-Q 2019 Q3