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Valaris Limited (VAL) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $1.88 per share a year ago.

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Reports Fourth Quarter 2025 Results.

It's gearing up to merge with a peer. This means a delay in reporting earnings and a cancellation of a planned conference call.

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Issues Fleet Status Report.

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Reschedules Fourth Quarter 2025 Earnings Release and Cancels Conference Call.

Transocean announced the acquisition of Valaris on Monday. Though an all-stock deal, the exchange ratio implied a 31.6% premium to Valaris' valuation heading into the week.

RIG's $5.8B all-stock acquisition of Valaris forms a global offshore drilling leader with scale, synergies and stronger cash flows.