VALPQ Valaris Dashboard

Valaris Plc engages in the provision of offshore contract drilling services to the international oil and gas industry. It operates its 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

VALPQ, VALPQ

Exchange

OTC

Website

www.valaris.com/

CEO

Thomas Burke

Location

United Kingdom

Fiscal year end

Dec 31

Sector

Mining, Quarrying, and Oil and Gas Extraction > Drilling Oil and Gas Wells

Industry (SIC)

Drilling Oil & Gas Wells

Transocean • Seadrill • Noble Holding • Diamond Offshore Drilling • Helmerich & Payne • Patterson-UTI Energy • Vantage Drilling International • Borr Drilling • Nabors Industries • Pacific 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

VALPQ stock data

S&P 500

1M 1Y 2Y 5Y

Press releases

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Valaris Receives Court Approval of Chapter 11 Plan of Reorganization

3 Mar 21

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

Valaris plc Announces Amended Restructuring Support Agreement and Backstop Commitment Agreement

8 Feb 21

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

Calendar

2 Mar 21

11 Apr 21

31 Dec 21

Financial summary

Financial statements Chart VALPQ financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Valaris earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	325.8M	325.8M	325.8M	325.8M	325.8M	325.8M
Cash burn (monthly)	(positive/no burn)	(positive/no burn)	52.43M	360.23M	(positive/no burn)	20.98M
Cash used (since last report)	n/a	n/a	177.87M	1.22B	n/a	71.15M
Cash remaining	n/a	n/a	147.93M	-896.18M	n/a	254.65M
Runway (months of cash)	n/a	n/a	2.8	-2.5	n/a	12.1

Beta Read what these cash burn values mean

Recent insider trades

VALPQ insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
25 Mar 21	Thomas Peter Burke	Class A Ordinary Shares	Sell	Dispose S	No	No	0.08	94,404	7.55K	420,087
15 Mar 21	Colleen Grable	Class A Ordinary Shares	Sell	Dispose S	No	No	0.09	4,285	385.65	0
10 Mar 21	Thomas Peter Burke	Class A Ordinary Shares	Sell	Dispose S	No	No	0.1	222,575	22.26K	514,491
10 Mar 21	Gilles Luca	Class A Ordinary Shares	Sell	Dispose S	No	No	0.1	83,158	8.32K	12,045
8 Mar 21	Jonathan Baksht	Class A Ordinary Shares	Sell	Dispose S	No	No	0.1	56,871	5.69K	0

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

VALPQ institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

0.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	18	31	-41.9%
Opened positions	3	5	-40.0%
Closed positions	16	121	-86.8%
Increased positions	0	3	EXIT
Reduced positions	2	3	-33.3%

13F shares	Current	Prev Q	Change
Total value	24K	1.59M	-98.5%
Total shares	150.91K	2.93M	-94.8%
Total puts	0	486.9K	EXIT
Total calls	0	192.1K	EXIT
Total put/call ratio	–	2.5	–

Largest owners	Shares	Value	Change
Russell Investments	98.6K	$4K	-40.6%
Teachers Retirement System Of The State Of Kentucky	45.8K	$2K	-0.0%
Plante Moran Financial Advisors	5K	$0	0.0%
TMP Tompkins Financial	564	$0	NEW
Archer Investment	344	$17K	0.0%
Carroll Financial Associates	240	$0	0.0%
AlphaMark Advisors	125	$0	0.0%
Nelson, Van Denburg & Campbell Wealth Management	57	$0	0.0%
McClarren Financial Advisors	39	$0	NEW
Arkadios Wealth Advisors	30	$0	0.0%

Largest transactions	Shares	Bought/sold	Change
Hosking Partners	0	-1.15M	EXIT
HRT Financial	0	-1.07M	EXIT
California Public Employees Retirement System	0	-418.9K	EXIT
Russell Investments	98.6K	-67.37K	-40.6%
Aperio	0	-30.28K	EXIT
Westside Investment Management	0	-15K	EXIT
Jag Capital Management	0	-11K	EXIT
Evoke Wealth	0	-7.5K	EXIT
CFR Cullen Frost Bankers	0	-2.7K	EXIT
Panagora Asset Management	0	-2.37K	EXIT

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

Content analysis

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

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From filing 10-K 2020 FY