Margin of Sanity

Margin of Sanity

Valaris | Trust But Verify - What I'm Doing

A look at management's promises of disciplined capital allocation.

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Margin of Sanity
Sep 05, 2025
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“We don’t need to do M&A, but will we? Absolutely…” - Anton Dibowitz, CEO and Director of Valaris (September 2nd 2025)

I feel like I left a bit of a cliff hanger after my deep-dive on oil drillers like Valaris and Noble. I needed some time to think on this a bit more, and meditate on all I had learned.

Its quite difficult to resist the temptation of pur…

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