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VAL| Name | Value |
|---|---|
| Revenues | 610.1M |
| Cost of Revenue | 468.4M |
| Gross Profit | 141.7M |
| Operating Expense | 32.5M |
| Operating I/L | 109.2M |
| Other Income/Expense | 11.6M |
| Interest Income | 31.0M |
| Pretax | 120.8M |
| Income Tax Expense | -30.0M |
| Net Income/Loss | 149.6M |
Valaris Limited is a leading provider of offshore contract drilling services to the international oil and gas industry. With a fleet of 56 rigs, including drillships, semisubmersible rigs, and jackup rigs, the company offers drilling services to international, government-owned, and independent oil and gas companies in key regions such as the Gulf of Mexico, the North Sea, the Middle East, West Africa, Australia, and Southeast Asia. Valaris generates revenue by leasing its drilling rigs and providing drilling services to its clients, contributing to the exploration and production activities of the global oil and gas industry.
