Valaris Q3 2026 net income drops 75% year over year to $46.7 million
Bitget2026/11/02 21:25- Valaris' third-quarter 2026 net income fell 75% year-over-year to $46.7 million, while total operating revenues slipped to $593.6 million.
- New contract backlog totaled approximately $600 million since second-quarter results, bringing total backlog to approximately $4.8 billion.
- The pending Transocean combination received required regulatory approvals and is expected to close on or about December 1, 2026.
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