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Valaris(VAL) - 2023 Q4 - Annual Results
VALValaris(VAL)2024-02-22 00:00

www.valaris.com Press Release • Net income of 829million(includingtaxbenefitof829 million (including tax benefit of 790 million), Adjusted EBITDA of 58millionandAdjustedEBITDARof58 million and Adjusted EBITDAR of 96 million; • Delivered revenue efficiency of 93% during the quarter and 96% for the year; • VALARIS DS-8 commenced a contract offshore Brazil late in the quarter, following its reactivation; • VALARIS 110 received TotalEnergies' and North Oil Company's global jackup Rig of the Year award; • Awarded new contracts and extensions with associated contract b ...