Valaris Q3 2025 Earnings: Solid Performance & Growing Backlog

Valaris reports robust Q3 2025 earnings, with $596M revenue, $163M adjusted EBITDA, and $237M adjusted free cash flow. Fleet efficiency hits 95%, with safety milestones and share repurchases. Commercial wins include a $140M contract for Valaris DS-twelve with BP offshore Egypt. Year-to-date, backlog grows by $2.2B, now at $4.5B with 9 years of drillship work. Deepwater demand in Africa and Brazil boosts utilization, with Valaris high-spec fleet in high demand. Optimism on exploration upticks and steady Petrobras fleets in Brazil. Day rates bottom out, but utilization expected to reach 90% by end of 2026. Valaris focuses on ops, contracts, and cost control for strong shareholder value. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/fc26a9e63a0c7161