Valaris Ltd

NYSE VAL

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Valaris Ltd Gross Profit for the quarter ending March 31, 2024: USD 53.40 M

Valaris Ltd Gross Profit is USD 53.40 M for the quarter ending March 31, 2024, a 80.41% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.

Valaris Ltd Gross Profit for the quarter ending March 31, 2023 was USD 29.60 M, a 183.62% change year over year.
Valaris Ltd Gross Profit for the quarter ending March 31, 2022 was USD -35.40 M, a 48.40% change year over year.
Valaris Ltd Gross Profit for the quarter ending March 31, 2021 was USD -68.60 M, a -253.61% change year over year.
Valaris Ltd Gross Profit for the quarter ending March 31, 2020 was USD -19.40 M, a -126.47% change year over year.

NYSE: VAL

Valaris Ltd

CEO	Mr. Anton Dibowitz
IPO Date	March 17, 1992
Location	Bermuda
Headquarters	Clarendon House, Hamilton, Bermuda, HM 11
Employees	4,261
Sector	Energy
Industry	Oil & gas equipment & services

Description

Valaris Limited, together with its subsidiaries, provides offshore contract drilling services Gulf of Mexico, South America, North Sea, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Floaters, Jackups, ARO, and Other. It owns an offshore drilling rig fleet, which include drillships, dynamically positioned semisubmersible rigs, moored semisubmersible rig, and jackup rigs. It serves international, government-owned, and independent oil and gas. Valaris Limited was founded in 1975 and is based in Hamilton, Bermuda.

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