Valaris Sees FY2026 Sales $2.125B-$2.205B vs $2.121B Est
Benzinga Newsdesk 8 months ago
NewsGuidance
FY 2026 Financial GuidanceTotal operating revenues of $2,125 - 2,205 millionAdjusted EBITDA of $485 - 565 million, which excludes costs associated with the pending business combination with Transocean Ltd. announced on
FY 2026 Financial Guidance
- Total operating revenues of $2,125 - 2,205 million
- Adjusted EBITDA of $485 - 565 million, which excludes costs associated with the pending business combination with Transocean Ltd. announced on February 9, 2026
- Capital expenditures of $425 - 475 million
- Upfront payments from customers related to contract-specific upgrades of approximately $110 million