Borr Drilling Ltd
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Energy : Energy Equipment & Services | Small Cap Value
Based in Bermuda
Company profile

Borr Drilling Limited is an offshore shallow-water drilling contractor. The Company’s primary business is the ownership, contracting and operation of jack-up rigs for operations in shallow-water areas, providing drilling services to the oil and gas exploration and production industry. Its jack-up rigs are capable of drilling to a maximum well depth of approximately 35,000 feet while operating in water depths ranging from 30 to 400 feet. It operates in oil-producing geographies throughout the world, including the North Sea, Mexico, West Africa, Southeast Asia and the Middle East. It owns approximately 23 jack-up rigs, which include Skald, Groa, Idun, Thor, Norve, Gerd, Natt, Ran, Odin, Gersemi, Grid, Galar, Njord, Prospector 1, Saga, Prospector 5, Mist, Gunnlod, Frigg, Gyme, Hermod, Heimdal and Hild. The Company contract its jack-up rigs primarily on a day rate basis to drill wells for its customers, including state-owned national oil companies and independent oil and gas companies.

Premarket

Last Trade
Delayed
$3.80
-0.02 (-0.52%)
Bid
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Ask
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B/A Size
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Market Hours

Closing Price
$3.82
Day's Change
0.00 (0.00%)
Bid
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Ask
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B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
11,958

10-day average volume:
1,616,965
11,958

BetterInvesting(TM) Magazine Update on Sonos and United Rentals

11:34 pm ET May 23, 2022 (PR Newswire) Print

The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced Sonos Inc. (NASDAQ: SONO) as its "Stock to Study" and United Rentals Inc. (NYSE: URI) as its "Undervalued Stock" in the August 2022 issue for investors' informational and educational use.

"In light of recent share-price declines throughout much of the market, individual investors may wish to revisit investing methods and habits. The independent Editorial Advisory and Securities Review Committee today discussed how to avoid common mistakes, which will be covered in the next issue of BetterInvesting magazine," said Ken Zendel, CEO of the National Association of Investors (NAIC), the parent organization of BetterInvesting.

To learn more about the time-tested approach of the National Association of Investors, visit https://www.betterinvesting.org/about-us/mission-method-of-stock-investing

Check the August 2022 issue of BetterInvesting Magazine for more details about the latest stocks. Non-members can utilize the trial version of the BetterInvesting online stock selection and analysis tools to study the investment potential of Sonos and United Rentals by viewing their fundamental data and applying judgments.

Committee members are Robert M. Bilkie, Jr., CFA; Daniel J. Boyle, CFA; Marisa Bradbury, CFA; Philip Keating, CFA; Walter J. Kirchberger, CFA; and Anne Nichols, CFA.

As stated, the BetterInvesting committee's Stock to Study and Undervalued Stock choices are for the informational and educational uses of investors. They are not to be considered as endorsed or recommended for purchase by NAIC / BetterInvesting. BetterInvesting urges investors to educate themselves about the stock market so they can make informed decisions about stock purchases. Investors should conduct their own review and analysis of any company of interest using the Stock Selection Guide before making an investment decision.

About BetterInvesting:

BetterInvesting(TM), a national 501(c)(3) nonprofit, investment education organization, has been empowering everyday Americans since 1951. Also known as the National Association of Investors(TM) (NAIC(R)), we have helped more than 5 million people from all walks of life learn how to improve their financial future. BetterInvesting provides unbiased, in-depth investing education and powerful online stock analysis tools to create successful lifelong investors. BetterInvesting staff, along with a dedicated community of volunteers across America, teach the organization's principles and time-tested methodology to individuals and investment clubs. For more information about BetterInvesting, please visit www.betterinvesting.org

Follow us on LinkedIn and Facebook.

Contact: 877-275-6242

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View original content:https://www.prnewswire.com/news-releases/betterinvesting-magazine-update-on-sonos-and-united-rentals-301553413.html

SOURCE National Association of Investors/BetterInvesting

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COMTEX_407663469/1005/2022-05-23T23:34:21

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