Valaris Secures $300 Million Multi-Year Contract with Shell Offshore Brazil
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 12 2025
0mins
Should l Buy VAL?
Source: Newsfilter
- Significant Contract Value: Valaris has secured a multi-year contract valued at approximately $300 million with Shell, expected to commence in Q1 2027 and last for about 800 days, showcasing the company's strong competitive edge in deepwater drilling.
- Increased Market Confidence: Shell's selection of Valaris for the Orca project drilling services demonstrates confidence in its complex deepwater drilling solutions and reflects growing interest from international oil companies in offshore developments in Brazil.
- Strategic Execution: Year-to-date, Valaris has successfully secured over $2.5 billion in backlog, supporting future earnings and cash flow, indicating the company's robust performance and growth potential in the market.
- Industry Leadership: Valaris maintains its leadership position in offshore drilling services globally, leveraging a high-quality rig fleet and a commitment to safety and customer satisfaction, further solidifying its market share across major offshore basins.
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Analyst Views on VAL
Wall Street analysts forecast VAL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for VAL is 56.50 USD with a low forecast of 49.00 USD and a high forecast of 65.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
1 Buy
4 Hold
1 Sell
Hold
Current: 58.210
Low
49.00
Averages
56.50
High
65.00
Current: 58.210
Low
49.00
Averages
56.50
High
65.00
About VAL
Valaris Limited is an offshore contract drilling company, which is engaged in providing offshore contract drilling services to the international oil and gas industry with operations on the offshore market on approximately six continents. The Company operates a rig fleet of ultra-deepwater drill ships, semisubmersibles, and shallow water jackups. The Company operates through four segments: Floaters, which includes its drill ships and semisubmersible rigs; Jackups; ARO, and Other, which consists of management services on rigs owned by third parties and the activities associated with its arrangements with ARO. Its customers include many of the offshore exploration and production companies, including integrated energy companies, national oil companies, and independent operators. The Company owns approximately 52 rigs, including 13 drill ships, four dynamically positioned semisubmersible rigs, one moored semisubmersible rig, and 34 jackup rigs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Hara Capital Acquires 173K Shares of Noble Corporation Worth $4.9 Million
- New Position Disclosure: Hara Capital LLC disclosed a new position in Noble Corporation by acquiring 173,597 shares valued at $4.9 million in Q4, marking it as the firm's sixth-largest equity investment and reflecting confidence in the company.
- Asset Allocation Shift: This acquisition positions Noble to account for 2.7% of Hara Capital's reportable 13F assets, highlighting its significance within the firm's total U.S. equity assets of $179.74 million.
- Market Performance Analysis: Despite Noble's stock price declining by 2.9% over the past year while the S&P 500 gained 18.8%, its 6.1% dividend yield continues to attract investor interest, indicating stable cash flow capabilities.
- Contract Growth Potential: Noble reported third-quarter revenue of $798 million, down 0.4% year-over-year; however, management noted new contracts signed, with a backlog reaching $7 billion, indicating strong future growth potential.
See More
Hara Capital Acquires 173,597 Shares of Noble Corporation Worth $4.9 Million
- Share Acquisition: Hara Capital acquired 173,597 shares of Noble Corporation during Q4, valued at $4.9 million, making it the firm's sixth-largest equity investment, indicating confidence in the company.
- Asset Proportion: This acquisition represents 2.7% of Hara Capital's reportable assets under management, highlighting Noble's significance within the investment portfolio.
- Performance Metrics: Despite a 2.9% decline in Noble's stock price over the past year, the company reported third-quarter revenue of $798 million, with management noting a backlog increase to $7 billion due to new contracts, suggesting future growth potential.
- Market Comparison: In contrast to the S&P 500's 18.8% gain during the same period, Noble's total shareholder return was only 3.2%, indicating underperformance that may affect investor confidence.
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Significant Options Activity on Tuesday: AFRM, XOM, VAL
Exxon Mobil Options Volume: Exxon Mobil Corp (XOM) has seen a significant options volume of 106,408 contracts today, equating to about 10.6 million underlying shares, which is 70.1% of its average daily trading volume over the past month.
High Volume Call Option: The $120 strike call option for XOM, expiring on January 16, 2026, has particularly high activity with 11,560 contracts traded, representing approximately 1.2 million underlying shares.
Valaris Options Volume: Valaris Ltd (VAL) has recorded an options volume of 6,612 contracts today, which corresponds to around 661,200 underlying shares, making up 69.4% of its average daily trading volume over the past month.
High Volume Put Option: The $50 strike put option for VAL, expiring on January 16, 2026, has seen notable trading with 1,586 contracts exchanged, representing about 158,600 underlying shares.
See More
Valaris Secures $300 Million Multi-Year Drillship Agreement with Shell for Offshore Brazil
Contract Announcement: Valaris Limited has secured a multi-year contract with Shell for offshore operations in Brazil using the drillship VALARIS DS-8, set to begin in Q1 2027.
Contract Details: The agreement is estimated to last approximately 800 days and is valued at around $300 million, with options for a potential one-year extension.
See More
Valaris Secures $300 Million Multi-Year Contract with Shell for Drillship VALARIS DS-8
- Significant Contract Value: Valaris has secured a multi-year contract valued at approximately $300 million with Shell for the drillship VALARIS DS-8, expected to commence in Q1 2027 with an estimated duration of 800 days, indicating strong demand in the deepwater drilling market.
- Increased Market Confidence: Shell's selection of Valaris for the Orca project demonstrates confidence in the company's ability to deliver complex deepwater drilling solutions, reflecting growing interest from international oil companies in offshore developments in Brazil.
- Successful Commercial Strategy: Valaris has secured over $2.5 billion in backlog year-to-date, supporting future earnings and cash flow, showcasing the company's competitive edge and potential for sustained growth in the offshore drilling sector.
- Industry Leadership: As a leading provider of offshore drilling services, Valaris reinforces its market position across major offshore basins through its commitment to high-quality rigs and operational excellence, further solidifying its reputation in the industry.
See More
Valaris Secures $300 Million Multi-Year Contract with Shell Offshore Brazil
- Significant Contract Value: Valaris has secured a multi-year contract valued at approximately $300 million with Shell, expected to commence in Q1 2027 and last for about 800 days, showcasing the company's strong competitive edge in deepwater drilling.
- Increased Market Confidence: Shell's selection of Valaris for the Orca project drilling services demonstrates confidence in its complex deepwater drilling solutions and reflects growing interest from international oil companies in offshore developments in Brazil.
- Strategic Execution: Year-to-date, Valaris has successfully secured over $2.5 billion in backlog, supporting future earnings and cash flow, indicating the company's robust performance and growth potential in the market.
- Industry Leadership: Valaris maintains its leadership position in offshore drilling services globally, leveraging a high-quality rig fleet and a commitment to safety and customer satisfaction, further solidifying its market share across major offshore basins.
See More
Hara Capital Acquires 173K Shares of Noble Corporation Worth $4.9 Million
- New Position Disclosure: Hara Capital LLC disclosed a new position in Noble Corporation by acquiring 173,597 shares valued at $4.9 million in Q4, marking it as the firm's sixth-largest equity investment and reflecting confidence in the company.
- Asset Allocation Shift: This acquisition positions Noble to account for 2.7% of Hara Capital's reportable 13F assets, highlighting its significance within the firm's total U.S. equity assets of $179.74 million.
- Market Performance Analysis: Despite Noble's stock price declining by 2.9% over the past year while the S&P 500 gained 18.8%, its 6.1% dividend yield continues to attract investor interest, indicating stable cash flow capabilities.
- Contract Growth Potential: Noble reported third-quarter revenue of $798 million, down 0.4% year-over-year; however, management noted new contracts signed, with a backlog reaching $7 billion, indicating strong future growth potential.
See More
Hara Capital Acquires 173,597 Shares of Noble Corporation Worth $4.9 Million
- Share Acquisition: Hara Capital acquired 173,597 shares of Noble Corporation during Q4, valued at $4.9 million, making it the firm's sixth-largest equity investment, indicating confidence in the company.
- Asset Proportion: This acquisition represents 2.7% of Hara Capital's reportable assets under management, highlighting Noble's significance within the investment portfolio.
- Performance Metrics: Despite a 2.9% decline in Noble's stock price over the past year, the company reported third-quarter revenue of $798 million, with management noting a backlog increase to $7 billion due to new contracts, suggesting future growth potential.
- Market Comparison: In contrast to the S&P 500's 18.8% gain during the same period, Noble's total shareholder return was only 3.2%, indicating underperformance that may affect investor confidence.
See More
Significant Options Activity on Tuesday: AFRM, XOM, VAL
Exxon Mobil Options Volume: Exxon Mobil Corp (XOM) has seen a significant options volume of 106,408 contracts today, equating to about 10.6 million underlying shares, which is 70.1% of its average daily trading volume over the past month.
High Volume Call Option: The $120 strike call option for XOM, expiring on January 16, 2026, has particularly high activity with 11,560 contracts traded, representing approximately 1.2 million underlying shares.
Valaris Options Volume: Valaris Ltd (VAL) has recorded an options volume of 6,612 contracts today, which corresponds to around 661,200 underlying shares, making up 69.4% of its average daily trading volume over the past month.
High Volume Put Option: The $50 strike put option for VAL, expiring on January 16, 2026, has seen notable trading with 1,586 contracts exchanged, representing about 158,600 underlying shares.
See More
Valaris Secures $300 Million Multi-Year Drillship Agreement with Shell for Offshore Brazil
Contract Announcement: Valaris Limited has secured a multi-year contract with Shell for offshore operations in Brazil using the drillship VALARIS DS-8, set to begin in Q1 2027.
Contract Details: The agreement is estimated to last approximately 800 days and is valued at around $300 million, with options for a potential one-year extension.
See More
Valaris Secures $300 Million Multi-Year Contract with Shell for Drillship VALARIS DS-8
- Significant Contract Value: Valaris has secured a multi-year contract valued at approximately $300 million with Shell for the drillship VALARIS DS-8, expected to commence in Q1 2027 with an estimated duration of 800 days, indicating strong demand in the deepwater drilling market.
- Increased Market Confidence: Shell's selection of Valaris for the Orca project demonstrates confidence in the company's ability to deliver complex deepwater drilling solutions, reflecting growing interest from international oil companies in offshore developments in Brazil.
- Successful Commercial Strategy: Valaris has secured over $2.5 billion in backlog year-to-date, supporting future earnings and cash flow, showcasing the company's competitive edge and potential for sustained growth in the offshore drilling sector.
- Industry Leadership: As a leading provider of offshore drilling services, Valaris reinforces its market position across major offshore basins through its commitment to high-quality rigs and operational excellence, further solidifying its reputation in the industry.
See More
Valaris Secures $300 Million Multi-Year Contract with Shell Offshore Brazil
- Significant Contract Value: Valaris has secured a multi-year contract valued at approximately $300 million with Shell, expected to commence in Q1 2027 and last for about 800 days, showcasing the company's strong competitive edge in deepwater drilling.
- Increased Market Confidence: Shell's selection of Valaris for the Orca project drilling services demonstrates confidence in its complex deepwater drilling solutions and reflects growing interest from international oil companies in offshore developments in Brazil.
- Strategic Execution: Year-to-date, Valaris has successfully secured over $2.5 billion in backlog, supporting future earnings and cash flow, indicating the company's robust performance and growth potential in the market.
- Industry Leadership: Valaris maintains its leadership position in offshore drilling services globally, leveraging a high-quality rig fleet and a commitment to safety and customer satisfaction, further solidifying its market share across major offshore basins.
See More
