Professional
Added to YB: 2026-04-27
Pitch date: 2026-04-22
VAL [neutral]
Valaris Limited
+8.46%
current return
Author Info
No bio for this author
Company Info
Valaris Limited, together with its subsidiaries, provides offshore contract drilling services in Brazil, the United Kingdom, Gulf of America, Australia, Angola, and internationally.
Market Cap
$6.3B
Pitch Price
$89.76
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.46
P/E
6.58
EV/Sales
2.90
Sector
Energy Equipment and Services
Category
special_situation
Third Avenue Value Fund Portfolio Holding: Valaris Limited
VAL (holding update): Takeover offer from Transocean at premium price reflects 1) building cyclical recovery in offshore energy services demand 2) Valaris' hard-to-replicate fleet of high-quality floating drilling rigs 3) strong balance sheet attractive to indebted Transocean for deleveraging via all-stock merger
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