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Energy sector gains tied to higher oil prices and Middle East supply concerns pushed Borr Drilling (BORR) up 3.6%, drawing fresh attention to its recently announced Mexican jack-up rig acquisition plans.
See our latest analysis for Borr Drilling.
Beyond today’s move, Borr Drilling’s share price has a 7 day return of 28.72% and a 90 day return of 49.38%. The 1 year total shareholder return of 170.09% contrasts with a 3 year total shareholder return of negative 15.27%, suggesting recent momentum has picked up after a tougher multi year stretch.
If this kind of rebound in energy names has your attention, it could be a good moment to see what else is moving across 26 power grid technology and infrastructure stocks
With Borr Drilling trading near its…
