{"schema_version":"secwatch.filing_event.v1","accession":"0000314808-25-000144","form_type":"8-K","ticker":"VAL","cik":"0000314808","company_name":"Valaris Ltd","filed_at":"2025-10-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.693354+00:00","generated_at":"2026-05-17T01:46:11.749142+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Valaris Q3 net income $187M, adjusted EBITDA $163M; secures DS-12 contract with bp","bullets":["Net income $187M vs $114M Q2; Adjusted EBITDA $163M vs $201M Q2.","Total operating revenues $596M, down 3% from Q2's $615M; revenue efficiency 95%.","Secured 350-day contract for VALARIS DS-12 with bp offshore Egypt; all four active drillships now contracted.","Sold jackup VALARIS 247 for $108M cash; repurchased $75M of shares in Q3.","Floaters segment revenues excl. reimbursable fell to $293M from $320M due to two drillships completing contracts."],"urls":{"canonical":"https://secwatch.observer/filing/0000314808-25-000144","json":"https://secwatch.observer/filing/0000314808-25-000144.json","markdown":"https://secwatch.observer/filing/0000314808-25-000144.md","text":"https://secwatch.observer/filing/0000314808-25-000144.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/314808/000031480825000144/0000314808-25-000144-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/314808/000031480825000144/val-20251029.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:46:11.749142+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"}