NYSE:VALEnergy Services
A Look At Valaris (VAL) Valuation After Mixed Quarterly Results And Sharply Higher Backlog
Why Valaris earnings matter for shareholders
Valaris (VAL) shares are reacting to first quarter earnings, where revenue of US$465.4 million compared with US$620.7 million a year ago, while the company reported a narrower net loss of US$16.4 million.
See our latest analysis for Valaris.
The earnings update appears to have cooled some of the recent enthusiasm, with a 7 day share price return of negative 10% and a 30 day share price return of negative 7.94%. However, the 90 day share price...