Valaris Limited, together with its subsidiaries, provides offshore contract drilling services in Brazil, the United Kingdom, Gulf of America, Australia, Angola, and internationally. It operates through four segments: Floaters, Jackups, ARO, and Other. The company owns an offshore drilling rig fleet, which includes drillships, dynamically positioned semisubmersible rigs, a moored semisubmersible rig, and jackup rigs. It also offers management services on rigs owned by third parties. The company serves international, government-owned, and independent oil and gas companies. Valaris Limited was founded in 1975 and is based in Hamilton, Bermuda.
Metrics to compare | VAL | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipVALPeersSector | |
|---|---|---|---|---|
P/E Ratio | 6.5x | 23.5x | 7.1x | |
PEG Ratio | 0.04 | 0.26 | 0.00 | |
Price/Book | 2.0x | 2.0x | 1.1x | |
Price / LTM Sales | 2.7x | 1.3x | 1.5x | |
Upside (Analyst Target) | −36.1% | 0.2% | 11.4% | |
Fair Value Upside | Unlock | 2.8% | 3.2% | Unlock |