Valaris Ltd.
- VAL ยท NYSE
- Drilling Oil & Gas Wells
- Hamilton, Bermuda
- 5,070 employees
- CIK 0000314808
Updated from SEC filings through
Top things to know
Executives
-
Anton Dibowitz President & CEO 4, 2026-04-09 - Christopher T. Weber SVP - CFO 4, 2026-04-09
- Christopher Weber Senior Vice President and Chief Financial Officer 10-K, 2026-02-20
- Melissa Barron Controller 4, 2026-07-07
-
Gilles Luca SVP - COO 4, 2026-04-09 -
Davor Vukadin SVP & General Counsel 4, 2026-04-09
Valaris Ltd is a U.S. public company in drilling oil & gas wells (SIC 1381), headquartered in Hamilton, Bermuda. It trades as VAL on NYSE. Revenue was $2.4B in the fiscal year ending December 31, 2025, +0.3% from the year before. It reported about 5,070 employees. Anton Dibowitz is President & CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $2.4B 10-K, 2026-02-20 | $2.4B 10-K, 2026-02-20 | $1.8B 10-K, 2026-02-20 | $1.6B 10-K, 2025-02-20 | $1.4B 10-K, 2023-02-21 |
| Operating income | $477M 10-K, 2026-02-20 | $352M 10-K, 2026-02-20 | $53.5M 10-K, 2026-02-20 | $37.2M 10-K, 2025-02-20 | -$4.3B 10-K, 2023-02-21 |
| SG&A | $97.1M 10-K, 2026-02-20 | $116M 10-K, 2026-02-20 | $99.3M 10-K, 2026-02-20 | $80.9M 10-K, 2025-02-20 | $215M 10-K, 2023-02-21 |
| Net income | $983M 10-K, 2026-02-20 | $373M 10-K, 2026-02-20 | $865M 10-K, 2026-02-20 | $177M 10-K, 2025-02-20 | -$4.9B 10-K, 2023-02-21 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| CEO, Board Member, Advisor | President & CEO | 4, 2026-04-09 |
| Christopher T. Weber | SVP - CFO | 4, 2026-04-09 |
| Christopher Weber | Senior Vice President and Chief Financial Officer | 10-K, 2026-02-20 |
| Catherine J. Hughes | Board member (per proxy) bio: Former Executive Vice President International | DEF 14A, 2026-04-16 |
| Melissa Barron | Controller | 4, 2026-07-07 |
| | SVP - COO | 4, 2026-04-09 |
| Senior Vice President, General Counsel and Corporate Secretary at Valaris Limited | SVP & General Counsel | 4, 2026-04-09 |
| Matthew Lyne SVP & Chief Commercial Officer | SVP - CCO | 4, 2026-04-09 |
| Elizabeth D. Leykum | Chair of the Board | 10-K, 2026-02-20 |
| Catherine Hughes | Director | 10-K, 2026-02-20 |
| Dick Fagerstal | Director | 10-K, 2026-02-20 |
| Joseph Goldschmid | Director | 10-K, 2026-02-20 |
| Kristian Johansen | Director | 10-K, 2026-02-20 |
What Valaris Ltd does
Valaris Limited is a global offshore contract drilling company. Unless the context requires otherwise, the terms "Valaris," "Company," "we," "us" and "our" refer to Valaris Limited together with all its subsidiaries and predecessors.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 69.4 million (as of October 29, 2026) | 10-Q, November 3, 2026 |
|---|---|---|
| Public float | $2.5B (as of June 30, 2025) | 10-K, February 20, 2026 |
| Reportable segments | 4 (period ending September 30, 2026) | 10-Q, November 3, 2026 |
| Latest proxy statement | Meeting June 10, 2026 (filed April 16, 2026) | DEF 14A, April 16, 2026 |
| Auditor | Kpmg LLP (Houston, Texas) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| September 3, 2025 | Gilles Luca SVP - COO | Sale | 35,000 | $1.7M | Form 4, September 5, 2025 |
Recent 8-K events
- 8-K filed 2026-11-02
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-11-02
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-10-23
- Item 8.01 Other events
- 8-K filed 2026-10-14
- Item 8.01 Other events
- 8-K filed 2026-09-30
- Item 8.01 Other events
- 8-K filed 2026-08-05
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-08-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-07-01
- Item 8.01 Other events
- 8-K filed 2026-06-10
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-05
- Item 8.01 Other events
Frequently asked questions about Valaris Ltd
- What does Valaris Ltd do?
- In its own words, from Item 1 of its 10-K: "Valaris Limited is a global offshore contract drilling company. Unless the context requires otherwise, the terms "Valaris," "Company," "we," "us" and "our" refer to Valaris Limited together with all its subsidiaries and predecessors."
- What is Valaris Ltd's revenue?
- $2.4B for the fiscal year ending December 31, 2025, from its 10-K filed February 20, 2026.
- Is Valaris Ltd profitable?
- Valaris Ltd reported net income of $983M for the fiscal year ending December 31, 2025.
- How many employees does Valaris Ltd have?
- About 5,070 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Valaris Ltd?
- Anton Dibowitz, President & CEO, as named in a 4 filed April 9, 2026.
- Who is the CFO of Valaris Ltd?
- Christopher T. Weber, SVP - CFO, as named in a 4 filed April 9, 2026.
- Where is Valaris Ltd headquartered?
- Hamilton, Bermuda.
- What is Valaris Ltd's stock ticker?
- VAL, VAL-WT on NYSE.
- What industry is Valaris Ltd in?
- Drilling Oil & Gas Wells, SIC code 1381.
- What is Valaris Ltd's website?
- valaris.com. Investor relations: https://www.valaris.com/investors/default.aspx.
- When does Valaris Ltd report earnings next?
- February 3, 2027. Source: estimate_8k_pattern.
- Is Valaris Ltd a public company?
- Yes. Valaris Ltd files with the SEC under CIK 0000314808 and trades as VAL.
- Who audits Valaris Ltd?
- Kpmg LLP, Houston, Texas, as named in its latest annual report (10-K).
- How many shares of Valaris Ltd are outstanding?
- 69.4 million shares as of October 29, 2026, from its 10-Q filed November 3, 2026.
- What is Valaris Ltd's public float?
- $2.5B as of June 30, 2025, as reported on the cover of its 10-K filed February 20, 2026.
- How many business segments does Valaris Ltd report?
- 4 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 3, 2026.
- When is Valaris Ltd's annual shareholder meeting?
- June 10, 2026, per its proxy statement (DEF 14A) filed April 16, 2026.
- Have Valaris Ltd insiders traded stock recently?
- Since September 3, 2025, officers and directors reported 1 open-market sale worth about $1.7M and 0 purchases on Forms 4 and 5. The most recent: Gilles Luca (SVP - COO) sold 35,000 shares on September 3, 2025.