{"schema_version":"secwatch.filing_event.v1","accession":"0000314808-25-000025","form_type":"8-K","ticker":"VAL","cik":"0000314808","company_name":"Valaris Ltd","filed_at":"2025-02-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.941372+00:00","generated_at":"2026-05-26T12:38:45.885335+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Valaris Q4 net income $131M; Adjusted EBITDA $142M; adds $120M backlog; to retire three semisubs","bullets":["Net income $131M, up from $63M in Q3; Adjusted EBITDA $142M, down from $150M sequentially.","Revenue excl. reimbursables $548M (-9% QoQ); fleet revenue efficiency 96% in Q4, 97% for 2024.","Generated $125M cash from ops; Free Cash Flow $13M; repurchased $25M of shares in Q4.","Secured ~$120M backlog including multi-year North Sea jackup contract for VALARIS Stavanger.","Announced retirement of semisubmersibles DPS-3, DPS-5, DPS-6 and sale of jackup VALARIS 75 for $24M."],"urls":{"canonical":"https://secwatch.observer/filing/0000314808-25-000025","json":"https://secwatch.observer/filing/0000314808-25-000025.json","markdown":"https://secwatch.observer/filing/0000314808-25-000025.md","text":"https://secwatch.observer/filing/0000314808-25-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/314808/000031480825000025/0000314808-25-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/314808/000031480825000025/val-20250219.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T12:38:45.885335+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}