---
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"
generated_at: "2026-05-17T01:46:11.749142+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Valaris Q3 net income $187M, adjusted EBITDA $163M; secures DS-12 contract with bp

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000314808-25-000144
- JSON: https://secwatch.observer/filing/0000314808-25-000144.json
- Plain text: https://secwatch.observer/filing/0000314808-25-000144.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.