VALValaris Limited

$6B

Q2 2017 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$458M-49.7% YoY

Gross Profit

$166M36.3% margin

Operating Income

$28M6.1% margin

Net Income

-$46M-9.9% margin

EPS (Diluted)

$-0.61

QoQ Revenue Growth

-2.9%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

-$24M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$13.7B

Total Liabilities

$5.5B

Stockholders' Equity

$8.2B

Cash & Equivalents

$170M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$458M	$910M	-49.7%
Gross Profit	$166M	$559M	-70.3%
Operating Income	$28M	$420M	-93.4%
Net Income	-$46M	$591M	-107.7%

Revenue Segments

Operating Segments Total Member

$458M50%

Floaters

$264M29%

Jackups Member

$179M20%

Other Segments

$15M2%

Geographic Segments

ANGOLA

$116M28%

Other Geographic Areas

$115M27%

AUSTRALIA

$55M13%

EGYPT

$53M13%

BRAZIL

$49M12%

Us Gulf Of Mexico

$33M8%

VAL Q2 2017 Earnings — Valaris Limited Revenue & Financial Results | Market Cap Arena