VAL Q2 2020 Earnings — Valaris Limited Revenue & Financial Results | Market Cap Arena

VALValaris Limited

$6B

Q2 2020 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$389M-33.4% YoY

Gross Profit

$18M4.7% margin

Operating Income

-$1.0B-262.1% margin

Net Income

-$1.1B-284.8% margin

EPS (Diluted)

$-14.77

QoQ Revenue Growth

-14.8%

Cash Flow

Operating Cash Flow

-$171M

Free Cash Flow

-$201M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$13.0B

Total Liabilities

$7.9B

Stockholders' Equity

$5.2B

Cash & Equivalents

$202M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$389M	$584M	-33.4%
Gross Profit	$18M	$84M	-78.3%
Operating Income	-$1.0B	-$157M	-547.5%
Net Income	-$1.1B	$406M	-373.1%

Revenue Segments

Jackups Member

$186M35%

Floaters

$164M31%

ARO

$146M27%

Other Segments

$39M7%