{"schema_version":"secwatch.filing_event.v1","accession":"0000314808-25-000122","form_type":"8-K","ticker":"VAL","cik":"0000314808","company_name":"Valaris Ltd","filed_at":"2025-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.031455+00:00","generated_at":"2026-05-17T23:17:08.324767+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Valaris Q2 net income $114M, adjusted EBITDA $201M beats guidance","bullets":["Net income $114M vs net loss $39M in Q1; revenue $615M, revenue efficiency 96%.","Adjusted EBITDA $201M, above guidance of $140-160M; included $24M arbitration benefit.","Secured over $1.0B new contract backlog; total backlog ~$4.7B; three 7th-gen drillship awards.","Agreed to sell jackup VALARIS 247 for ~$108M cash; cash and restricted cash $516M.","Floater revenues ex-reimbursable $320M; Jackup $212M; ARO Drilling $140M."],"urls":{"canonical":"https://secwatch.observer/filing/0000314808-25-000122","json":"https://secwatch.observer/filing/0000314808-25-000122.json","markdown":"https://secwatch.observer/filing/0000314808-25-000122.md","text":"https://secwatch.observer/filing/0000314808-25-000122.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/314808/000031480825000122/0000314808-25-000122-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/314808/000031480825000122/val-20250730.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T23:17:08.324767+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"}