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Valaris VAL Number of Newbuild Jackup Rigs

Number of Newbuild Jackup Rigs at other companies

Helmerich & Payne logo
Helmerich & PayneHP
2
Helmerich & Payne logo
Helmerich & PayneHP
10
Helmerich & Payne logo
Helmerich & PayneHP
3
Helmerich & Payne logo
Helmerich & PayneHP
30
Ranger Energy Services logo
Ranger Energy ServicesRNGR
$6.9M-4.2%
Ranger Energy Services logo
Ranger Energy ServicesRNGR
$113.4M+31.4%

Other financials

Income statement

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Revenue$539.2M-12.4%
Gross profit$123.7M-43.6%
Operating income$51.1M-68.9%
Net income$50.4M-56.2%
EPS (diluted)$0.72-55.3%

Balance sheet

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Cash & equivalents$558.0M+8.1%
Total debt$1.2B-0.4%
Total equity$3.2B+38.2%
Total assets$5.4B+21.0%

Cash flow

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Operating cash flow$13.1M-89.1%
CapEx$105.5M+57.0%
Free cash flow-$92.4M-275%

Valuation

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Market cap$5.36B+56.3%
Enterprise value$5.97B+46.2%
P/E5.7×-6.7×
P/S2.5×+1.1×

Profitability

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Gross margin24.8%-6.7pp
Operating margin11.3%-9.9pp
Net margin44%+32.8pp
FCF margin-31.2%

Returns & leverage

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Return on equity33.9%+21.6pp
Debt / equity0.4×-0.1×
Current ratio1.5×-0.3×

Where this comes from

Reported directly by Valaris in its filing.

Tagged under the XBRL concept val:NumberofNewbuildJackupRigs.

The source filing: Valaris’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:32 AM EDT
Fiscal quarter
Q4 FY2027
Calendar quarter
Q4 2027
Accession
0000314808-26-000141

The shareholder agreement governing the joint venture (the "Shareholder Agreement") specifies that ARO shall purchase 20 newbuild jackup rigs. Under this program, two newbuild jackups have been built and are in service and two additional newbuild jackups, Kingdom 3 and Kingdom 4, were ordered in October 2024 and November 2025, respectively. In connection with these plans, we have a potential obligation to fund ARO for newbuild jackup rigs. See "Note 11 - Contingencies" for additional information.

Item 1.Financial Statements

FAQ

What is Valaris's number of newbuild jackup rigs?
Valaris (VAL) reported number of newbuild jackup rigs of 20 in Q2 2026.
How has Valaris's number of newbuild jackup rigs changed year-over-year?
Valaris's number of newbuild jackup rigs decreased by 0.0% year-over-year, from 20 to 20.
What does number of newbuild jackup rigs mean?
Number of Newbuild Jackup Rigs as reported by Valaris Limited.

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