Borr Drilling Limited (BORR): Strong Demand in Oversold Energy Sector [Yahoo! Finance]
Borr Drilling Limited Common Shares (BORR)
Company Research
Source: Yahoo! Finance
Amrita Sen, Founder and Director of Research at Energy Aspects, a global data & intelligence provider for energy commodity and macro markets, on October 14, shared her insights on the current state of the energy market. According to Sen the prices of West Texas Intermediate (WTI) and ICE Brent have remained relatively on the lower side despite the ongoing geopolitical tensions in the Middle East, which is surprising because in the past, in a situation like this, oil would jump over $100 per barrel. Sen notes that the market is waiting to see how the situation in Iran and Israel pans out. Looking ahead to the future the market is expecting a surplus in 2025, which is driving the bearish sentiment. However, Sen warns that the industry's inventory levels are low, and if a significant event were to occur, such as an attack on Iranian energy infrastructure, there could be a lot of volatility ahead. She notes that many traders are trading via options, which could lead to significant pric
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News
- Borr Drilling - Update on Share Repurchase Program [Yahoo! Finance]Yahoo! Finance
- Borr Drilling - Update on Share Repurchase ProgramPR Newswire
- Borr Drilling Limited - Temporary Suspension Notice [Yahoo! Finance]Yahoo! Finance
- Borr Drilling Limited - Temporary Suspension NoticePR Newswire
- Borr Drilling Limited - Update on Share Repurchase Program [Yahoo! Finance]Yahoo! Finance
BORR
Sec Filings
- 11/20/24 - Form 6-K
- 11/19/24 - Form 6-K
- 11/14/24 - Form SC
- BORR's page on the SEC website