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Stock impact report

Borr Drilling Limited (BORR): A Bull Case Theory [Yahoo! Finance]

Borr Drilling Limited Common Shares (BORR) 
Company Research Source: Yahoo! Finance
Borr Drilling Limited's share was trading at $4.6600 as of January 29th. BORR's trailing and forward P/E were 16.11 and 28.17 respectively according to Yahoo Finance. Borr Drilling Limited operates as an offshore shallow-water drilling contractor to the oil and gas industry in the United States and internationally. BORR has endured a brutal cycle over the past year, with the stock ultimately suffering an 80%+ drawdown from its 2023 peak after additional weakness followed a prior 50% decline. The selloff stemmed from a deteriorating jackup market marked by falling utilization and dayrates, contract cuts from key customers Pemex and Aramco, macro-driven outflows from cyclical names amid tariff anxiety, and high leverage that pushed investors to price in bankruptcy risk. Yet these pressures were progressively resolved: the jackup slowdown was always likely to be temporary given the essential, economically compelling nature of shallow-water drilling; economic resilience eased macro fe Show less Read more
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