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Borr Drilling Limited (BORR)

NYSE - Nasdaq Real Time Price. Currency in USD
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0.7883-0.0117 (-1.46%)
At close: 4:00PM EDT
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  • B
    Bee
    $KOS conversation
    If $KOS closes below 2.20 tomorrow or the next few days, then its surely headed to lower supports at 1.60 area. Right now its below the 50 and 200 day MA on both daily and weekly charts. $BORR held up strongly today despite most oil tickers being negative. But its not out of danger by any means. $GTE crawls closer to true value as earnings season starts next week. GMT and BNP continue to be a negative influence. $RIG is holding strong, a great swing trade as always. Hopefully next year its balance sheet improves. GLTA.
  • B
    Bee
    $KOS conversation
    With the increasing debt and lower production, $KOS is ripe for bankruptcy. Same situation over at $BORR no new contracts and plenty of debt. Careful with these thinly traded tickers, you could lose it all in a jiffy if 2Q earnings are really bad. $GTE on the other hand is a Canadian E&P that seems to be well positioned to spring back after the Colombian unrest. Production increase for 2021 once hedges are off. $CPG is also an very strong Canadian E&P been in business for several decades.
  • M
    Mansour
    I'm in a bad situation I buy 5000 sheers on 1.70 its been a years now any suggestion ؟
  • M
    MegaOmega
    I have muted Bee, now everything looks much better! :)
    Bullish
  • B
    Bee
    $GTE conversation
    aam, Don't listen to anyone here. Many belong to paid boiler rooms operating in China here just to pump and then dump. $GTE debt is too high, its on its last legs. Those that claim they bought CPE, CDEV, this and that, ask em for proof, how many shares they had, etc. Because if they did make a ton they would NOT still be here posting messages! Most oil stocks have gone up, but never forget the twice as many that filed Ch. 11 last year - $OAS! $DNR!! Grand Tierra headed the same way most likely. And FWIW so is RIG and $BORR the two drillers that managed to avoid BK last year.
  • B
    Bee
    $GTE conversation
    2Q production and revenue will still be down sequentially and YOY for $GTE. This PR doesn't mean much, it may rise a few cents but by / after earnings will slump back again. Fundamentals are still challenged, GMT is keeping the selling pressure on. Same story at $BORR another company that keeps doing ATM share issue even without any new contracts, and lots of cold stacked rigs. Don't become a long term bagholder on any of these failed companies .... remember 2020.
  • B
    Bee
    $GTE conversation
    Evidently the rotation into oil / OFS stocks never happened in 1Q-2Q of 2021. Ignore GS the perennial liars but never ignore millenials and foreigners, the prime movers of markets today. All they care about is tech, meme stocks and outsmarting, outrunning, outdoing anyone that lives outside Silicon Valley. Wealthy and powerful enough now to swing elections, that crowd. $GTE, $KOS, $CPG, $RIG, $BORR down more in a week than how much they rose in 3 months. Some broke thru supports. Oil will never be in favor again like it was for a 100 years before. If the horse buggy "industry" can disappear, so can oil industry .... give it time.

    Don't fight the crazies, its not worth it.
  • B
    Bee
    $GTE conversation
    Now that OPEC drama is over, should be an interesting week for stocks. Oil stocks might still head lower as they likely haven't bottomed yet. If you're in $GTE, don't catch a falling knife -- GMT and BNP are in control and won't let up the selling pressure till EOY 2021. Same with $RIG and $BORR, they're busy issuing more stock for insiders and outsiders, making a mockery of shareholder equity. As for $KOS -- heard on another board to completely avoid it due to the recent negative announcement.
  • B
    Bee
    $KOS conversation
    Kosmos Energy warned of delays to their gas project and lower production for 2Q , something that'll weigh on their 2Q results next month. So their woes are over and above industry issues, OPEC, covid, Fed etc. it seems they have major debt and can't generate enough revenue to cover interest payments. $KOS is weak and will take longer to bounce back if at all. $RIG is a defacto driller and will never go away. Just to compare $GTE is smaller than Kosmos but with lower debt its chances of survival are much better. THAT logic though cannot and should not be applied to $BORR because no one is doing shallow water drilling and essentially no new contracts for BORR unlike RIG..... again, apples to oranges to bananas comparison doesn't work.
  • Y
    Yahoo Finance Insights
    Borr Drilling is down 7.31% to 0.73
  • k
    kent
    That it, I’m out. Good luck all
  • J
    Jurgen
    Is Borr Drilling Oil ? Or something else 😂
  • y
    yues
    No one dare to buy this #$%$ as it ever go up
  • Y
    Yahoo Finance Insights
    Borr Drilling is down 8.74% to 0.74
  • B
    Berg
    Director and CEO purchased more share? 🤔
    Hurmm interesting...
    Bullish
  • B
    BrianKU1
    It's Bee!!!! So this is where you have been hiding! Excellent calls last year on CPE and CDEV going bankrupt in 2021. Don't know what we would do without your words of wisdom. By doing the opposite I have made enough to retire. Thanks again Bee!!!
  • i
    iPhone_Was_My_Idea
    Of course, now they want to issue more shares, instead of buying back to increase the stock price. I understand it is NOT necessarily bad but as an existing stockholder, I just don't like it. I am still bullish on BORR though.
    Bullish
  • B
    Bee
    $RIG conversation
    Wow, $RIG gave up 2.5 months of gains in just 2 weeks! 5.12 on Jul 2, and 3.50 today incredible. But then its not an investable stock at all, only for day and swing trading. Same with $BORR drilling activity won't pick up until mid-2022 as discussed many times. OPEC+ can crush these cockroaches whenever it wants , without missing a heartbeat. We need more over-leveraged shale stocks to go away - bought out for cheap, Ch. 11 or Ch. 7, whatever just get out of the way. Too many oil companies in US today. Won't be needed in an EV and renewable energy world.
  • B
    Bee
    $RIG conversation
    Houston Oiler, what do you think of recent $RIG action?? Its down almost 40% from its high recently above $5 that too..... what gives? Bad quarter coming up?? Majors holding up well (they always do, widely held and in everyone's pension or mutual fund) but small and mid caps getting butchered. $GTE is holding up nicely too thank goodness for that . $BORR headed nowhere as usual. Lets see what next week brings.