BORR News and Press, Borr Drilling Ltd From 11/06/22

Summary The management team at Transocean announced strong financial results during the latest quarter, with the company beating on the top and bottom lines. Backlog is now growing at an impressive rate and this looks set to continue so long as energy prices remain elevated. A...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s an ideal time to pounce on undervalued penny stocks for gains over the long haul. The Federal Reserve’s battle against inflation has lifted interest rates to multi-year highs. It has forced a repricing ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Penny stocks are companies that generally trade under $5 per share or have very low trading volume. They are also companies many investors ignore. That’s because these stocks are often higher risk and have been beat...

Borr Drilling ( NYSE: BORR ) has entered into an agreement to sell the jack-up drilling rig "Gyme" for a price of $120M to an unrelated third party. The sale of the rig is an undertaking by the Company under its most recent refinancing with PPL Shipyard which was comp...

Summary Junior offshore driller recently managed to address most of its long-standing debt and liquidity issues at the price of substantial dilution for common equity holders. Outlining prospects for solid free cash flow generation going forward. Management expects to initiate...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Economic uncertainty is reflected in the markets, with volatility remaining high. The  bear-bull spread indicator  clearly reflects the nervousness in the markets. Legendary investors will quickly point out t...

Summary Oilfield services were exceptionally volatile last week as crude oil and natural gas declined 8% and 10% respectively. 53 oilfield service companies were evaluated using a value matrix with factors including value, growth, profitability, ownership, and debt. Based on v...

Summary Even though energy has been the best performing sector of the year by a large margin, deep values remain in under-covered and small cap oilfield services. Fifty-three oilfield service equities were evaluated using a value matrix including factors for value, growth, profita...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips With investors’ focused on several macroeconomic indicators, the stock market continues to remain jittery. There is no doubt, however, that there are several stocks and sectors that will be profitable for long-term i...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Speculative penny stocks outperformed during the big market rally that started in April 2020. The surge of such stocks was driven by social media which created a bubble.   Of course, the easy money provided by the...