NYSE:VALEnergy Services
Valaris (VAL): Assessing Valuation After Securing a Long-Term Shell Drillship Contract
Valaris (VAL) just locked in a multi year contract with Shell for its VALARIS DS-8 drillship offshore Brazil. This long dated deal gives investors more visibility into future revenue.
See our latest analysis for Valaris.
That backdrop helps explain why, even after a recent soft patch with a 7 day share price return of minus 8.54 percent and a 30 day share price return of minus 8.59 percent, Valaris still sits at a year to date share price return of 10.07 percent and a 1 year total shareholder...