NYSE:VALEnergy Services
Is It Too Late To Consider Valaris (VAL) After A 184% One Year Surge?
Investors may be wondering whether Valaris at around US$102 a share still offers value, or if most of the opportunity is already priced in.
The recent share price of US$102.23 comes after returns of 12.1% over the last 7 days, 4.3% over 30 days, 96.0% year to date and 184.3% over the past year. This naturally raises questions about how much upside or risk is now built into the stock.
Recent coverage has focused on Valaris as a key name in offshore drilling and contract drilling services,...