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2023-05-15 09:30:57 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Amidst the volatility, the major indices have been marginally higher in 2023. This was expected, with 2022 being the worst year for equities since the financial crisis of 2008. While the inde...
2023-05-09 15:49:52 ET Summary Leading offshore driller Transocean Ltd. reported first quarter results ahead of management's expectations and provided second quarter guidance essentially in line with consensus estimates. The company remains on track to deliver upon its full-year p...
2023-04-18 22:50:42 ET Summary Company releases its latest fleet status report with backlog up just slightly on a sequential basis and most contract awards having already been announced in recent months. Lack of progress on the drillship front disappoints, particularly with severa...
2023-04-11 00:50:51 ET Summary Borr Drilling is an Oslo-listed offshore drilling contractor specializing in the shallow-water jack-up markets. After exiting a Covid-induced period of restructuring, the firm is finding its feet, revising 2023 sales and earnings guidance already. ...
2023-04-10 14:35:43 ET Summary Leading offshore driller Borr Drilling Limited has announced an eagerly-awaited maiden contract for its last idle jackup rig "Hild." Adjusted for mobilization and demobilization fees, I would estimate a "clean" dayrate of between $150,000 and $160,00...
2023-04-10 14:12:17 ET Gainers: CBL International ( BANL ) +20% . Benson Hill ( BHIL ) +11% . Borr Drilling ( BORR ) +11% . YPF Sociedad Anonima ( YPF ) +10% . POSCO Holdings ( PKX ) +9% . Losers: BP Prudhoe Bay Royalty Trust ( BPT )...
2023-04-10 04:26:53 ET Borr Drilling ( BORR ) has been awarded a contract from an undisclosed customer for work in Latin America. The contract duration covers a firm term of 725 days and is expected to commence in Q3 2023, following the conclusion of the rig's ongoing act...
Borr Drilling Limited - Announcement of new contract PR Newswire HAMILTON, Bermuda , April 10, 2023 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) is pleased to announce that its premium jack-up rig "Hild" has been awarded a c...
2023-04-09 02:42:15 ET Summary Seadrill recently reported an earnings beat largely based on one-time non-operational revenues. SDRL's painful history includes two bankruptcies since 2016. As a result of the most recent bankruptcy and a solid acquisition, SDRL has a strong bala...
2023-04-07 08:00:00 ET Summary Seadrill reported mixed results for the final quarter of its 2022 fiscal year, with revenue missing but earnings blowing past expectations. The company has done well to pay down debt, and its overall financial condition is undeniably decent. SDRL...
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