{"schema_version":"secwatch.filing_event.v1","accession":"0000314808-22-000126","form_type":"8-K","ticker":"VAL","cik":"0000314808","company_name":"Valaris Ltd","filed_at":"2022-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.136436+00:00","generated_at":"2026-06-22T19:40:01.901184+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Valaris Q3 net income $78M, adjusted EBITDA $76M; revenue up 6% to $437M","bullets":["Net income $78M (Q2: $113M); adjusted EBITDA $76M ($29M in Q2); revenue $437M (+6% QoQ).","Won contracts/additions adding >$250M backlog; floater contracts offshore Brazil and Mexico.","Sold 40-year old jackup VALARIS 54 for $28.5M; expected close March 2023 upon contract completion.","Received $40M partial early repayment of ARO shareholder notes; remaining balance $403M.","Q3 operating income $61.6M vs. loss of $15.6M in Q2; no impairment loss."],"urls":{"canonical":"https://secwatch.observer/filing/0000314808-22-000126","json":"https://secwatch.observer/filing/0000314808-22-000126.json","markdown":"https://secwatch.observer/filing/0000314808-22-000126.md","text":"https://secwatch.observer/filing/0000314808-22-000126.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/314808/000031480822000126/0000314808-22-000126-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/314808/000031480822000126/val-20221031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T19:40:01.901184+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0c7635fcedd816661b922d8e671ee8a90ecc2ae2","claim":"Valaris Ltd reported Third Quarter 2022 results: revenue $437 million, net income $78 million.","evidence_excerpt":"EBITDA increased to $76 million from $29 million in the second quarter. Adjusted EBITDAR increased to $94 million from $54 million in the second quarter. Revenues increased to $437 million from $413 million in the second quarter 2022. Excluding reimbursable items, revenues increased to $416 million from $385 million in the second quarter. The increase was primarily","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/314808/000031480822000126/0000314808-22-000126-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Third Quarter 2022"},{"label":"Revenue","value":"$437 million"},{"label":"Net income","value":"$78 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}