Valaris stock trades as the USD 5.8 billion merger nears

Published on 09/24/2026 at 21:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Valaris stock stood at USD 82.47 on September 24, 2026, as regulators reviewed the USD 5.8 billion Transocean deal. Q2 revenue reached USD 539.2 million.

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Valaris stock (ISIN BMG9460G1015) was trading at USD 82.47 on the NYSE on September 24, 2026, down 0.12 percent from the previous close of USD 82.57. The planned USD 5.8 billion all-stock combination with Transocean remains the central corporate event, with regulatory approval still shaping the valuation spread.

Merger approval shapes valuation

According to Offshore Magazine on September 21, 2026, a report indicated that the US Department of Justice could clear the transaction early without requiring divestitures. The deal targets a second-half 2026 close and would give Valaris shareholders 15.235 Transocean shares for each Valaris share.

The proposed combination would create an offshore driller with an estimated enterprise value of USD 17 billion, a fleet of 73 rigs and more than USD 200 million in identified cost synergies, according to the same September 21 report. For Valaris holders, the exchange ratio and remaining regulatory steps matter more than a small daily price move.

Q2 revenue reaches USD 539.2 million

Valaris reported USD 539.2 million in Q2 2026 revenue and diluted EPS of USD 0.72, according to MarketBeat. Revenue fell 12.4 percent year over year, while the reported EPS exceeded the cited USD 0.31 consensus by USD 0.41.

The operating picture therefore has two distinct sides. Q2 operating profit was USD 51.1 million, producing a 9.0 percent operating margin, while Q1 operating profit was USD 20.0 million and the margin was 4.0 percent. The quarter-to-quarter improvement gives the merger process a stronger earnings backdrop, even as revenue remains below the prior-year level.

Stock remains below yearly high

At USD 82.47 on September 24, 2026, Valaris stock was 27.73 percent below its 52-week high of USD 114.12 and 76.48 percent above its 52-week low of USD 46.70. The market capitalization stood at USD 5,711,021,083 on the same date.

The price snapshot points to a narrow daily change but a wide annual range. The next material valuation reference is the merger spread, while the latest operating comparison is the rise in operating profit from USD 20.0 million in Q1 2026 to USD 51.1 million in Q2 2026.