Borr Drilling LTD. (BORR) News
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Latest BORR News From Around the Web
Below are the latest news stories about BORR DRILLING LTD that investors may wish to consider to help them evaluate BORR as an investment opportunity.
Is Borr Drilling (BORR) Among the Best Long-Term Penny Stocks to Buy According to Hedge Funds?We recently published a list of the 12 Best Long-Term Penny Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Borr Drilling Limited (NYSE:BORR) stands against the other best long-term penny stocks to buy. What’s the Future Like for Small Cap Stocks in 2025? On […] |
EGY Partners With Borr Drilling for 2025/2026 Offshore CampaignVAALCO Energy is focused on working with its partners at the Etame field in Gabon to execute a drilling program starting mid-2025. |
Seatrium secures FPU contract for bp’s Kaskida project in Gulf of MexicoThe FPU has the capability of producing 80,000 barrels of crude oil per day from six wells and it represents the first phase of the development. |
Borr Drilling - Update on Share Repurchase ProgramBorr Drilling Limited ("Borr Drilling" or the "Company") (NYSE: BORR) (OSE: BORR) initiated a share repurchase program on December 13, 2024 to repurchase USD 10 million of the Company's common shares in open market transactions ("the First Tranche") on the OSE and NYSE until no later than December 31, 2024 pursuant to an agreement with DNB Markets, a part of DNB Bank ASA ("DNB Markets"). This was the second step under the Board of Directors authorized commitment to repurchase $20 million worth o |
3 Undervalued Small Caps With Insider Action Across Global MarketsIn the current global market landscape, major stock indexes have shown mixed performance, with the S&P 500 and Nasdaq Composite reaching record highs while the Russell 2000 Index, a key benchmark for small-cap stocks, experienced a decline. This divergence highlights the complex dynamics at play as growth shares outpace value stocks and economic indicators such as job growth rebound amid geopolitical uncertainties. In this environment, identifying small-cap stocks that demonstrate resilience... |
Borr Drilling Limited - Update on Share Repurchase ProgramBorr Drilling Limited ("Borr Drilling" or the "Company") (NYSE: BORR) (OSE: BORR) refers to i) its announcement on 6 November 2024, where the Company announced the authorization by its Board of Directors of a commitment to repurchase $20 million worth of shares within year end 2024, under its previously announced $100 million share repurchase authorization, and ii) the announcement on November 20, 2024, where the Company announced the completion of the first $10 million repurchases under the $20 |
Borr Drilling Limited - Contracting updateBorr Drilling Limited (NYSE: BORR) (OSE: BORR) is pleased to announce a new contract commitment for its premium jack-up rig "Norve" with a repeat customer in West Africa. This work is in direct continuation of the Marathon Oil contract and is estimated to commence in Q3 2025. The contract is for five wells firm, with an anticipated duration of 320 days, plus up to five optional wells at mutually agreed prices. This commitment adds an additional $58 million in contract revenue backlog, excluding |
Why Borr Drilling Limited (BORR) Is One of the Best Oversold Value Stocks to Buy Right Now?We recently published a list of 10 Oversold Value Stocks To Buy Right Now. In this article, we are going to take a look at where Borr Drilling Limited (NYSE:BORR) stands against the other oversold value stocks. After Trump’s victory in the presidential election, US stocks surged to record highs. Much of the stock market’s […] |
Borr Drilling Completes First Tranche of Share BuybackBorr Drilling (BORR) has released an update. Borr Drilling Limited has successfully completed the first tranche of its share repurchase program, buying back nearly $10 million worth of its common shares on the NYSE and OSE. This move is part of the company’s broader strategy to repurchase $20 million of shares by the end of 2024. The buyback reflects Borr Drilling’s commitment to enhancing shareholder value and confidence in its financial health. For further insights into BORR stock, check out T |
Borr Drilling Limited - Temporary Suspension NoticeBorr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) has received a notice of temporary suspension of operation for its rig "Arabia II", operating in Saudi Arabia. The temporary suspension will be for a period of up to 12 months. The commencement date of the suspension is still to be confirmed by the customer. |