Borr DrillingBORR
About: Borr Drilling Ltd is a drilling contractor that owns and operates jack-up rigs of modern and high-specification designs providing drilling services to the oil and gas exploration and production industry. The company operates a fleet of around 16 jack-up drilling rigs. Geographically the activities are carried out through Norway.
Employees: 1,884
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
111% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 27
2.4% more ownership
Funds ownership: 42.85% [Q1] → 45.26% (+2.4%) [Q2]
1% less capital invested
Capital invested by funds: $747M [Q1] → $738M (-$8.54M) [Q2]
12% less funds holding
Funds holding: 135 [Q1] → 119 (-16) [Q2]
40% less funds holding in top 10
Funds holding in top 10: 5 [Q1] → 3 (-2) [Q2]
43% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 37
78% less call options, than puts
Call options by funds: $971K | Put options by funds: $4.36M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Evercore ISI Group James West 37% 1-year accuracy 7 / 19 met price target | 86%upside $9 | Outperform Upgraded | 13 Sept 2024 |
Financial journalist opinion
Based on 4 articles about BORR published over the past 30 days
