BORR News and Press, Borr Drilling Ltd From 01/09/23

InvestorPlace - Stock Market News, Stock Advice & Trading Tips There are small-cap stocks to buy and hold that can be mid-caps or large-caps in the next five to ten years. It’s relatively easy to pick blue-chip stocks for the portfolio. Investors can expect steady capital gains in...

2022 has been a lousy year for most investors, and the last trading day of the year didn't look like it would end on a positive note. Futures contracts on major stock market indexes were down across the board on Friday morning, capping the worst annual performance for stocks in a long time. E...

Borr Drilling ( NYSE: BORR ) rose ~8% after the company said it has bagged new contracts for two of its jack-up drilling rigs. The jack-up drilling rig, Frigg, has secured a $282M five-year plus options contract from an undisclosed customer for work in the Middle East. The c...

Summary Oilfield services may outperform E&P. Small-cap oil equities should catch up with large-cap. The capital allocation may be shifting from onshore/short-cycle to offshore/long-cycle. As we are bidding farewell to 2022, I wanted to share some high-level thoughts o...

Borr Drilling Limited - Announcement of New Contracts and Fleet Status Report PR Newswire HAMILTON, Bermuda , Dec. 30, 2022 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) is pleased to announce it has been awarded new contract...

Summary Company to acquire the remains of its former Seadrill Partners subsidiary in an all-stock deal valued at close to $1 billion. Transaction will add important exposure to the U.S. Gulf of Mexico and significantly improve Seadrill's earnings and cash flow generation potential. ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Small-cap stocks to buy and hold don’t have the same appeal as their blue-sip counterparts. Blue-chip stocks provide stability to the portfolio with low-beta stocks that also offer cash dividends. However, an investor ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips There was no dearth of multibagger penny stocks in 2021. However, 2022 has been a year to forget when it comes to returns from penny stocks. Some indication comes from the fact that the iShares Micro-Cap ETF (NYSEARCA...

Borr Drilling press release ( NYSE: BORR ): Q3 GAAP EPS of -$0.30. Revenue of $107.9M (+47.8% Y/Y). Adjusted EBITDA for the third quarter of 2022 was $43.9M, an increase of 19% compared to the second quarter of 2022. Cash and cash equivalents of $279.0M at the end ...

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...