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Valaris Limited (VAL): A Bull Case Theory

We came across a bullish thesis on Valaris Limited on Value investing subreddit by AvocadoCorrect9725. In this article, we will summarize the bulls’ thesis on VAL. Valaris Limited's share was trading at $50.26 as of September 4th. VAL’s trailing and forward P/E were 13.16 and 13.97 respectively according to Yahoo Finance.

[caption id="attachment_364535" align="aligncenter" width="750"] marchello74 / shutterstock.com[/caption]

Valaris (VAL) is a leading provider of offshore drilling rigs and crews, offering oil and gas companies the equipment and expertise to access and produce...