Valaris VAL Contract Drilling Expenses Exclusive of Depreciation and Reimbursable Expenses
Contract Drilling Expenses Exclusive of Depreciation and Reimbursable Expenses at other companies
Other financials
Where this comes from
Reported directly by Valaris in its filing.
Tagged under the XBRL concept val:ContractDrillingExpensesExclusiveOfDepreciationAndReimbursableExpenses.
The official record: Valaris’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Valaris's contract drilling expenses exclusive of depreciation and reimbursable expenses?
- Valaris (VAL) reported contract drilling expenses exclusive of depreciation and reimbursable expenses of $340.4M in Q1 2026.
- How has Valaris's contract drilling expenses exclusive of depreciation and reimbursable expenses changed year-over-year?
- Valaris's contract drilling expenses exclusive of depreciation and reimbursable expenses decreased by 9.0% year-over-year, from $374M to $340.4M.
- What is the long-term trend for Valaris's contract drilling expenses exclusive of depreciation and reimbursable expenses?
- Over 3 years (2022 to 2025), Valaris's contract drilling expenses exclusive of depreciation and reimbursable expenses has grown at a 4.8% compound annual growth rate (CAGR), from $1.28B to $1.48B.
- What does contract drilling expenses exclusive of depreciation and reimbursable expenses mean?
- This metric captures the direct costs associated with operating drilling assets, excluding non-cash depreciation and pass-through reimbursable expenses. It serves as a primary measure of operational efficiency and cost control for the core drilling fleet. Monitoring this allows for the evaluation of rig-level profitability and operational discipline.