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BORR Borr Drilling Limited Loading... : Bullish and Bearish Analyst Opinions
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11:00
May 09
May 09
Oil demand rising, jackups essential.
Borr Drilling (BORR) remains a holding despite the stock's appreciation, because the world's demand for oil continues to rise, jackup rigs are the fastest and cheapest way to increase production, and the Iran conflict has shifted global focus to energy security, which should drive more jackup contracts. The stock was bought at much lower prices, and though the fund reduced its position from 30% to 10%, the thesis still holds.
HIGH
About BORR Analyst Coverage
Buzzberg tracks BORR (Borr Drilling Limited) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade ideas tracked.