We came across a bullish thesis on Valaris Limited (VAL) on Substack by Alpha Ark. In this article, we will summarize the bulls’ thesis on VAL. Valaris Limited (VAL)’s share was trading at $46.09 as of Feb 12th. VAL’s trailing and forward P/E were 3.21 and 8.44 respectively according to Yahoo Finance.
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Valaris, the world’s largest offshore drilling contractor by fleet size, stands out for its expansive portfolio of 53 vessels, including 18 floaters...
