Inactive Instrument

Company Valaris A OTC Markets

Equities

VALPQ

GB00BJVJZD68

Oil & Gas Drilling

Business Summary

Valaris Limited provides an offshore drilling service. The Company operates a rig fleet of ultra-deepwater drill ships, versatile semisubmersibles and modern shallow water jackups. The Company is engaged in providing offshore contract drilling services to the international oil and gas industry with operations in the offshore market across six continents. The Company operates through four segments: Floaters, which includes its drill ships and semisubmersible rigs; Jackups; ARO, and Other, which consists of management services on rigs owned by third parties and the activities associated with its arrangements with ARO. It provides drilling services across all water depths with unmatched scale, geographic presence and customer relationships. Its customers include many of the offshore exploration and production companies, including integrated energy companies, national oil companies and independent operators.

Number of employees: 4,261

Sales per Business

USD in Million2022Weight2023Weight Delta
Floaters
53.2 %
701 43.7 % 949 53.2 % +35.43%
Jackups
37.0 %
744 46.4 % 660 37.0 % -11.37%
Saudi Aramco Rowan Offshore Drilling Company
27.8 %
460 28.7 % 497 27.8 % +8.07%
Reconciling Items
-27.8 %
-460 -28.7 % -497 -27.8 % +8.07%
Other
9.9 %
158 9.8 % 176 9.9 % +11.47%

Sales per region

USD in Million2022Weight2023Weight Delta
United States Gulf of Mexico
19.8 %
351 21.9 % 353 19.8 % +0.46%
Other Countries
19.7 %
663 41.4 % 352 19.7 % -46.92%
United Kingdom
15.0 %
265 16.5 % 267 15.0 % +1.02%
Angola
11.8 %
-- 211 11.8 % -
Brazil
10.9 %
0 0.0 % 195 10.9 % -
Australia
10.5 %
-- 187 10.5 % -
Saudi Arabia
6.3 %
137 8.5 % 112 6.3 % -17.96%
Mexico
5.9 %
72 4.5 % 105 5.9 % +45.28%
Norway
0.1 %
115 7.2 % 2 0.1 % -97.91%

Managers

Managers TitleAgeSince
Chief Executive Officer 52 21-06-30
Director of Finance/CFO 51 22-07-21
Compliance Officer - 21-05-31
Chief Operating Officer 53 -
Investor Relations Contact - -
Comptroller/Controller/Auditor 43 22-07-31
Corporate Officer/Principal - 23-05-31
General Counsel 50 13-12-31
Human Resources Officer 50 -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 73 20-12-31
Director/Board Member 63 20-12-31
Director/Board Member 61 22-11-08
Director/Board Member 52 23-06-06
Chief Executive Officer 52 21-06-30
Chairman 46 21-04-30
Director/Board Member 54 20-12-31
Director/Board Member - 20-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 74,710,233 67,229,959 ( 89.99 %) 2,300,000 ( 3.079 %) 89.99 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
9.716 %
7,035,192 9.716 % 444 M $
Orbis Investment Management Ltd.
7.958 %
5,762,092 7.958 % 363 M $
Famatown Finance Ltd.
7.444 %
5,390,153 7.444 % 340 M $
Oak Hill Advisors LP
6.610 %
4,786,166 6.610 % 302 M $
Fidelity Management & Research Co. LLC
6.009 %
4,350,959 6.009 % 274 M $
Lingotto Investment Management LLP
4.148 %
3,003,740 4.148 % 189 M $
2,288,073 3.160 % 144 M $
Lodbrok Capital LLP
3.012 %
2,180,703 3.012 % 137 M $
Vanguard Fiduciary Trust Co.
2.615 %
1,893,667 2.615 % 119 M $
Marshall Wace LLP
2.485 %
1,799,371 2.485 % 113 M $
NameEquities%Valuation
Carronade Capital Management LP
-
788,688 - 9 M $
PRAETORIAN PR LLC
-
566,353 - 6 M $
Bluefin Capital Management LLC
-
115,120 - 1 M $
Epacria Capital Partners LLC
-
54,797 - 621 398 $
LMR Partners LLP
-
48,328 - 548 040 $
Wolverine Asset Management LLC
-
24,751 - 280 676 $
Storebrand Asset Management AS
-
14,322 - 162 411 $
Caldwell Sutter Capital, Inc.
-
2,000 - 22 680 $
Teachers Retirement System of the State of Kentucky
-
1,259 - 14 277 $
424 - 4 808 $

Company contact information

Valaris Ltd.

Clarendon House 2 Church Street

HM 11, Hamilton

+

http://www.valaris.com
address Valaris A(VALPQ)