Valaris Stock Gains Aftermarket As Q4 Revenue Tops Estimates: Retail Chatter Rises

The offshore drilling company’s net income more than doubled to $133.7 million, compared to the third quarter.
 The ship 'Valaris DS-17' at the Reina Sofia dock of the Port of Las Palmas, on 21 April, 2023 in Las Palmas de Gran Canaria, Gran Canaria, Canary Islands, Spain. (Photo By Europa Press via Getty Images)
The ship 'Valaris DS-17' at the Reina Sofia dock of the Port of Las Palmas, on 21 April, 2023 in Las Palmas de Gran Canaria, Gran Canaria, Canary Islands, Spain. (Photo By Europa Press via Getty Images)
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Sourasis Bose·Stocktwits
Updated Jul 02, 2025 | 8:31 PM GMT-04
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Valaris Ltd (VAL) stock gained 2.7% after the bell on Wednesday as the company’s fourth-quarter revenue topped Wall Street’s estimates.

The company’s total operating revenue rose to $584.4 million during the quarter ended on Dec. 31, compared with $483.8 million in the year-ago quarter. Analysts, on average, expected the company to post $577.6 million in revenue, according to Koyfin data.

The offshore drilling company’s net income more than doubled to $133.7 million, compared to the third quarter but was lower than its earnings last year when it benefited from favorable income tax gains.

Valaris said revenue in its Floaters segment fell to $328 million from $375 million in the third quarter due to lower utilization of the floater fleet.

Revenue from its Jackups segment fell to $188 million from $193 million in the third quarter, primarily due to lower amortized mobilization revenue associated with one of its rigs.

The company’s capital expenditures rose to $112 million from $82 million in the third quarter, primarily due to higher rig upgrade expenditures.

“The contracting outlook for 2026 and beyond remains strong for high-specification assets, and we are focused on securing attractive, long-term programs for our active rigs,” Valaris CEO Anton Dibowitz said.

During the quarter, the company secured a backlog of $120 million, including a contract extension with TotalEnergies in the UK North Sea.

Valaris also recently sold a 25-year-old jack-up that had been stacked in the U.S. Gulf for five years for $24 million.

In January, the three largest U.S. oilfield services firms Baker Hughes, SLB, and Halliburton had flagged subdued demand for drilling activity in 2025.

Retail sentiment on Stocktwits remained in the ‘neutral’ (47/100) territory, while retail chatter rose to ‘high’ from ‘low’.’

VAL’s Sentiment Meter and Message Volume as of 2:16 a.m. ET on Feb. 20, 2025 | Source: Stocktwits
VAL’s Sentiment Meter and Message Volume as of 2:16 a.m. ET on Feb. 20, 2025 | Source: Stocktwits

Over the past year, Valaris stock has fallen nearly 32%.

Also See: Defense Stocks Slip Aftermarket As Pentagon Braces For Reported Budget Cuts — Retail Sentiment Split

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