u/Ankari ·
Reddit — r/wallstreetbets
· August 17, 2026 at 17:03
· ⬆ 15 pts
· 💬 9 comments
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AI Summary
Summary
Post argues $BORR will benefit from sustained $80+ oil and strong shallow-water drilling demand.
Author highlights modern jack-up fleet, $1.13B backlog, low $40 breakeven, restructured debt, and recent insider buying.
Quality: Fairly well-researched DD with specific data and explicit positions, though tied to geopolitical oil assumptions.
Score15
Comments9
Upvote %69%
▶ Full Post Text
Let's make this quick
We need oil.
Trump doesn't have an off ramp with Iran.
Oil prices are $80+ and have been so for months.
Oil companies are making bank.
Oil companies will make more bank with more oil produced.
$BORR provides Jack up rigs for shallow water drilling.
They have the most modern and youngest fleet of jack up rigs.
They have a backlog of $1.13 billion for more rigs.
They focus on shallow water drilling that cuts down lead time and makes the break even for oil at $40!!!
They restructured their debt, with most maturities coming in at 2032 to 2034.
Insiders have bought more than $6 million in shares this month.
Positions are posted.
50 Feb 19th 2027 $5 calls
Sold 10 Sept 18th $5 PUTS.
BORR has the youngest jack-up fleet, $1.13B backlog, $40 oil breakeven, debt moved to 2032-34, and insiders bought $6M+ this month. With oil above $80, higher utilization and dayrates should boost cash flow; buying calls and selling puts positions for upside with controlled risk. Long BORR into the Feb 2027 calls; author expects oil strength and fleet execution to drive share-price appreciation. Oil price collapse, an Iran off-ramp, jack-up oversupply, operational issues, or debt/refinancing stress could invalidate the thesis.