The earnings call reflected a strong operational and financial performance by Valaris, with significant contract backlog and positive market outlooks. However, challenges remain with idle periods for certain rigs and potential pressure on day rates. Overall, the highlights significantly outweigh the lowlights, suggesting a positive sentiment.

Company Guidance -

Q3 2025

During the Valaris Second Quarter 2025 Conference Call, the company discussed several key metrics reflecting strong operational and financial performance. Valaris achieved a revenue efficiency of 96% and reported an adjusted EBITDA of $201 million and adjusted free cash flow of $63 million for the quarter. They successfully grew their contract backlog by over $1 billion, reaching approximately $4.7 billion, largely due to securing long-term contracts with average day rates above $400,000 for their high-specification drillships. The company also emphasized their safety achievements, noting no Lost Time Incidents and significant safety milestones across their fleet. Valaris maintains a positive outlook on the offshore drilling market, with expectations for further contract awards due to strong offshore production fundamentals and customer preference for high-specification assets. They anticipate that seventh-generation drillships will lead the market recovery, exiting 2026 with utilization levels above 90%.

Strong Operational and Financial Performance

The company delivered a revenue efficiency of 96%, contributing to adjusted EBITDA of $201 million and adjusted free cash flow of $63 million for the quarter.

Significant Contract Backlog

Valaris added over $1 billion in new contract backlog, increasing the total backlog to $4.7 billion, the highest it has been this decade.

Safety Milestones Achieved

Valaris completed the first half of the year without a single Lost Time Incident, with several rigs achieving notable safety milestones.

Positive Outlook for Offshore Drilling Market

The company anticipates growth in deepwater project sanctioning in 2026 and 2027, with a focus on long-cycle offshore developments.

Successful Commercial Strategy Execution

Valaris secured attractive long-term contracts with high-specification fleet, with three out of four drillships with near-term availability now contracted.

Valaris (VAL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

VAL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 04, 2025	2025 (Q3)	0.99 / -	0.88	―	―	―
Jul 30, 2025	2025 (Q2)	1.26 / 1.61	2.03	-20.69% (-0.42)
Apr 30, 2025	2025 (Q1)	1.23 / -0.53	0.35	-251.43% (-0.88)
Feb 19, 2025	2024 (Q4)	1.05 / 1.88	11.3	-83.36% (-9.42)
Oct 30, 2024	2024 (Q3)	0.99 / 0.88	0.17	417.65% (+0.71)
Jul 31, 2024	2024 (Q2)	0.71 / 2.03	-0.39	620.51% (+2.42)
May 01, 2024	2024 (Q1)	-0.08 / 0.35	0.61	-42.62% (-0.26)
Feb 22, 2024	2023 (Q4)	0.11 / 11.30	0.38	2873.68% (+10.92)
Nov 07, 2023	2023 (Q3)	0.18 / 0.17	0.98	-82.65% (-0.81)
Aug 02, 2023	2023 (Q2)	-0.27 / -0.39	1.48	-126.35% (-1.87)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

VAL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$48.69	$48.63	-0.12%
Apr 30, 2025	$32.31	$35.55	+10.03%
Feb 19, 2025	$42.82	$44.56	+4.06%
Oct 30, 2024	$48.79	$50.60	+3.71%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Valaris Ltd (VAL) report earnings?

Valaris Ltd (VAL) is schdueled to report earning on Nov 04, 2025, Before Open (Confirmed).

What is Valaris Ltd (VAL) earnings time?

Valaris Ltd (VAL) earnings time is at Nov 04, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is VAL EPS forecast?

VAL EPS forecast for the fiscal quarter 2025 (Q3) is 0.99.

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