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Valaris Limited (VAL): A Bull Case Theory

We came across a bullish thesis on Valaris Limited on Altbridge Insights’s Substack by Nazym Azimbayev. In this article, we will summarize the bulls’ thesis on VAL. Valaris Limited's share was trading at $95.75 as of February 20th. VAL’s trailing and forward P/E were 13.14 and 13.95 respectively according to Yahoo Finance.

[caption id="attachment_828216" align="aligncenter" width="900"] Pixabay/Public Domain[/caption]

Valaris Limited, together with its subsidiaries, provides offshore contract drilling services in Brazil, the United Kingdom, U.S. Gulf of Mexico,...