Valaris Limited Stock (NYSE: VAL) Slides on Dec. 16, 2025 as Shell Brazil Deal, Backlog, and Analyst Targets Come Into Focus
Valaris shares fell about 8% Tuesday, trading in the high-$40s after a multi-year drillship contract award from Shell offshore Brazil. The contract, announced Dec. 11, is valued at roughly $300 million and starts in 2027. The stock remains well above its 52-week low but is down sharply from recent highs. No single negative headline drove the selloff.