Valaris (OTCMKTS: DOFSQ) is one of 28 publicly-traded companies in the “Drilling oil & gas wells” industry, but how does it weigh in compared to its competitors? We will compare Valaris to related companies based on the strength of its profitability, risk, dividends, valuation, earnings, analyst recommendations and institutional ownership.
This table compares Valaris and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Institutional and Insider Ownership
64.4% of shares of all “Drilling oil & gas wells” companies are owned by institutional investors. 0.3% of Valaris shares are owned by company insiders. Comparatively, 3.0% of shares of all “Drilling oil & gas wells” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Earnings & Valuation
This table compares Valaris and its competitors gross revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Valaris||$980.64 million||-$357.21 million||-0.11|
|Valaris Competitors||$1.09 billion||-$286.58 million||0.55|
Valaris’ competitors have higher revenue and earnings than Valaris. Valaris is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This is a summary of recent ratings and price targets for Valaris and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
As a group, “Drilling oil & gas wells” companies have a potential upside of 87.03%. Given Valaris’ competitors higher probable upside, analysts plainly believe Valaris has less favorable growth aspects than its competitors.
Valaris competitors beat Valaris on 8 of the 9 factors compared.
Valaris Company Profile
Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company operates a fleet of 15 offshore drilling rigs, including 4 drillships and 11 semisubmersible rigs. It serves independent oil and gas companies, and government-owned oil companies. The company was founded in 1953 and is headquartered in Houston, Texas. Diamond Offshore Drilling, Inc. is a subsidiary of Loews Corporation. On April 26, 2020, Diamond Offshore Drilling, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.
Receive News & Ratings for Valaris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valaris and related companies with MarketBeat.com's FREE daily email newsletter.