Valaris is an offshore contract drilling company engaged in providing offshore contract drilling services to the international oil and gas industry. The markets in which Co. operates include the Gulf of Mexico, Brazil, the Mediterranean, the North Sea, the Middle East, West Africa, Australia and Southeast Asia. Co. provides drilling services on a day rate contract basis. Co.'s business consists of three operating segments: Floaters, which includes its drillships and semisubmersible rigs; Jackups; and Other, which consists of management services on rigs owned by third-parties. Co.'s two reportable segments, Floaters and Jackups, provide one service, contract drilling. We show 34 historical shares outstanding datapoints in our coverage of ESV's shares outstanding history.
Understanding the changing numbers of ESV shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like ESV versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching ESV by allowing them to research ESV shares outstanding history
as well as any other stock in our coverage universe. |