Here is Why Borr Drilling (BORR) Jumped This Week
The share price of Borr Drilling Limited (NYSE:BORR) surged by 20.99% between June 5 and June 12, 2025, putting it among the Energy Stocks that Gained the Most This Week. Let's shed some light on the development.
A modern offshore drilling vessel navigating the seas with equipment mounted on its decks.
Borr Drilling Limited (NYSE:BORR) is a premier offshore shallow-water drilling contractor dedicated to providing exceptional drilling services to the global oil and gas industry.
Borr Drilling Limited (NYSE:BORR) continues to shoot despite posting disappointing results for its Q1 2025 last month, primarily due to reduced drilling activity. The company reported a 17.6% decrease in revenue compared to Q4 2024, while its net loss of $16.9 million was a decrease of $43.2 million compared to the net income in the previous quarter.
However, on the plus side, Borr Drilling Limited (NYSE:BORR) reported that it was awarded nine new contract commitments during Q1, representing approximately 1,550 days and $221 million of potential contract revenue. Additionally, the company's operating rig count has now increased to 22, laying the foundation for stronger financial performance in the quarters ahead.
Another catalyst supporting Borr Drilling Limited (NYSE:BORR) could be the sharp uptick in the global crude oil price, which has surged by almost 18% over the last week at the time of writing this piece.
While we acknowledge the potential of BORR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Cheap Energy Stocks to Buy Now and
Disclosure: None.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Forbes
8 minutes ago
- Forbes
Bitcoin Battle: Saylor's Dream Meets Chanos' Reality
Michael Saylor, co-founder and executive chairman of MicroStrategy Inc., speaks during the Bitcoin ... More 2025 conference in Las Vegas, Nevada, US, on Thursday, May 29, 2025. The event will examine Bitcoin's evolving global impact, with speakers from education, policy, finance, and technology. Photographer: Ronda Churchill/Bloomberg It's rare to see two titans of finance openly clashing on Bloomberg. On one side, you have Jim Chanos, the short-selling legend who made his name exposing Enron, now calling a multi-billion-dollar Bitcoin strategy 'financial gibberish.' On the other, Michael Saylor, the billionaire evangelist who transformed MicroStrategy into a leveraged crypto play, fired back that Chanos 'just doesn't get it' and is ignoring a model that has 'generated $8.4 billion in shareholder value.' This dispute isn't just a squabble; it's a philosophical showdown. At its core, the debate focuses on a fundamental question in modern investing: is Saylor's company a revolutionary tool for wealth creation, or is it just a glorified Bitcoin tracker that trades at an unjustifiable premium? When a legendary short seller calls your model absurd, and you counter by claiming billions in value creation, Wall Street takes notice. And so should we. Beneath the headlines lies a deeper question: what should we value, and how should we determine that? The name Jim Chanos evokes shivers in boardrooms. Best known for shorting Enron before its collapse, Chanos has built his reputation sniffing out companies with weak fundamentals and flashy facades. To him, valuation matters. Cash flows matter. Reality matters. On the opposite end of the spectrum stands Michael Saylor, the philosophical bull turned Bitcoin maximalist. Once the CEO of a quiet business intelligence firm, Saylor transformed MicroStrategy with a bold financial experiment: raise debt and equity, buy Bitcoin, repeat. While Chanos sees a threat, Saylor envisions a future secured by digital scarcity and conviction. It's not just a disagreement over numbers. It's a clash of belief systems: value versus vision, discipline versus disruption, and fundamentals versus faith. The stakes aren't just about one stock; they're about which worldview wins the next decade. DELIVERING ALPHA — Pictured: Jim Chanos, Founder and Managing Partner, Kynikos Associates, during ... More the Best Ideas panel at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on Tuesday, September 13, 2016 at the Pierre Hotel in New York — (Photo by: Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images) When you set aside the brand and discussions about legacy software, Strategy, formerly known as MicroStrategy, no longer operates as a tech company. It's a leveraged Bitcoin holding vehicle with a public ticker. The playbook is simple, bold, and controversial: issue equity or preferred shares, use the proceeds to buy Bitcoin, then do it all over again. Rinse, repeat, and continue the cycle. This model has transformed Saylor's firm into a robust corporate Bitcoin ETF. But unlike a regulated ETF, Strategy isn't passive. It's actively engineering upside using capital markets. To Saylor, this technique is an innovation. He calls it 'financial engineering for the digital age,' a form of monetary arbitrage. Borrow at 10%, bet on Bitcoin appreciating at 50%+, and shareholders pocket the difference. Critics like Jim Chanos call it something else: dangerous leverage masked as genius. They argue that the company is no longer generating value through operations or fundamentals but through financial alchemy based entirely on Bitcoin's price rising forever. However, others are copying Saylor's blueprint. Trump Media, other crypto-adjacent SPACs, and a crop of speculative small caps are now mimicking this model of equity offerings, hype, and digital assets as collateral. The question is no longer what Strategy does. It's how long the market will reward it for doing it. Never one to hold back, Jim Chanos views Strategy's valuation as detached from reality. At the heart of his critique is what he calls a 'yawning disconnect' between the company's share price and its actual Bitcoin holdings. Chanos argues that Strategy's current trading at approximately 1.8 times its net asset value (NAV), essentially its Bitcoin per-share value, is irrational. 'That's like buying Bitcoin with an 80% premium slapped on,' he told Bloomberg. To illustrate, Chanos offers a memorable analogy: 'It's like saying my house that rose in value from $450,000 to $500,000 last year is not worth $500,000. It's worth $1.5 million because it is worth $500,000 plus a 20 multiple on the $50,000 increase. Of course, that's absurd.' He argues that little more than hype and financial sleight of hand sustain this premium. Chanos disclosed that he shorted Strategy when the NAV premium was between 2.2 and 2.3 times, expecting it to compress back toward 1x. His position reflects more than just a tactical trade; it's a philosophical objection to what he sees as a marketing-driven vehicle masquerading as a technology company. 'This is not a tech business,' Chanos says. 'It's a tracker fund with leverage and a bullhorn.' He believes that the sole significant innovation in this situation is the branding, and he is confident that the market will eventually recognize it. From my seat after three decades of analyzing markets, bubbles, and breakups, I can say this: both Jim Chanos and Michael Saylor are right, but they're having two different conversations. Saylor has built a model that's undeniably worked as long as Bitcoin keeps climbing. He's turned capital markets into a Bitcoin-buying engine, leveraged the spread between the cost of debt and BTC appreciation, and framed that delta as value creation. That playbook has printed shareholder gains. There's no disagreement at that point. But Chanos isn't debating Bitcoin. He is questioning the valuation multiple, and he is correct in doing so. Strategy trades at a ~1.8x premium to its net Bitcoin holdings. Strip away the narrative, and you're paying $1.80 for every $1.00 of crypto exposure. Would you do that for gold? Would you choose to invest in Tesla stock, which has a substantial cash reserve? This conversation isn't a debate about crypto conviction; it's about valuation discipline. As investors, our job is to ask not what the company owns, but how the market is pricing it. Markets misprice dreams all the time. The challenge is knowing when the dream is priced in and when it's overbought. Saylor may be running the most successful macro trade of the decade. But Chanos reminds us: even the best trades can lose their edge when priced like religion, not risk. This saga is not just a dispute between two titans of finance, but it also serves as a lesson in understanding market perception. Don't confuse performance with fundamentals. MicroStrategy isn't a tech innovator anymore; it's a Bitcoin carry trade dressed in corporate clothing. Investors must ask: are you buying a business or renting exposure to an asset? 'Story stocks' often thrive on blurred lines between narrative and numbers. That's where risk hides. Financial engineering, despite its power, has both positive and negative effects. When done with precision, it unlocks value. When misunderstood, it magnifies volatility and obscures true worth. Know what you own. Respect the difference between price action and pricing power. Above all, avoid mistaking a trade for a strategy. This feud between Chanos and Saylor is more than a personality clash on Bitcoin, it's a mirror held up to modern markets. Fundamentally, it compels us to consider a more profound inquiry: what should we incentivize? Should we reward profits or performance? Should we prioritize substance over spectacle? When does bold strategy become reckless leverage? And when does skepticism blind us to financial innovation? Chanos sees a tracker fund in a tuxedo dressed up, overvalued, and divorced from fundamentals. Saylor sees the future of corporate finance leveraging cheap capital to capture asymmetric upside. The market, for now, seems to be siding with the tuxedo, favoring Saylor's bold Bitcoin vision over Chanos' valuation discipline. However, seasoned investors are aware that markets often make subtle changes before making significant ones. Whether it's Saylor's leveraged bet on Bitcoin or Chanos' warning about unsustainable premiums, the real risk lies in the assumptions we fail to question. Pay attention not just to the noise but to what's quietly being priced in.
Washington Post
17 minutes ago
- Washington Post
Trump reports over $600 million in income in latest financial disclosure
President Donald Trump reported over $600 million in income and $1.6 billion in assets in a public financial disclosure filed late Friday, including cryptocurrency holdings, income from his properties and lucrative licensing deals with foreign developers. The 234-page disclosure form, made public along with a large batch of other White House officials, provides a new window into his finances in 2024, before Trump was elected for a second term. It also reflects a period when he was raising money during his 2024 presidential campaign through various merchandise and marketing.
Yahoo
17 minutes ago
- Yahoo
Not Sure If You're On Track Financially? Here Are 3 Money Milestones Every 30-Something Should Aim For
Your 30s are a time of big changes. You're probably growing in your career, buying a home, getting married or having kids, said financial expert Bo Hanson, host of 'The Money Guy Show.' Along with those life shifts come serious financial decisions that can shape the rest of your life. In a recent video on their YouTube channel, Hanson explained that the financial habits and decisions you establish set the foundation for lifelong stability and wealth. And while that may sound a bit overwhelming, he broke it down into a few realistic goals to hit before you turn 40. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can Here are the three biggest financial milestones you should aim for in your 30s: The first goal is to hit a net worth equal to your annual income in investable assets—not including home equity or emergency savings—by your early 30s. 'Crossing this milestone is an awesome first step for anyone starting out in their wealth-building journey,' the host said. This means you're likely living below your means and compound interest is starting to work in your favor. By the time you're hitting 40, the ideal target is to have three times your income invested. And it's not as far-fetched as it sounds. If you start at age 30 with zero savings and put away $941 a month with a 9% return, you could have over $150,000 by 40. 'That's literally three times a $50,000 income,' Hanson explained. Trending: Invest where it hurts — and help millions heal:. The $941 figure isn't random. It's the combined monthly amount needed to max out a Roth IRA — $583 per month — and a health savings account — $358 per month — assuming you're eligible. 'Combining these two accounts helps you build significant tax-free wealth and this greatly enhances your long-term financial health,' Hanson said. You can automate this savings amount or use payroll deferrals if your employer allows it. 'You have to invest the dollars. Saving in these accounts is only the first part of the equation.' This milestone shows you're going beyond just checking boxes like maxing out a Roth IRA and HSA. It's a sign you're serious about building long-term wealth. 'The discipline to consistently save a quarter of your income demonstrates that you're committed to building long-term wealth and prioritizing your future financial security over short-term gratification,' Hanson your employer offers a match, you might already be close to that 25% target without realizing it. Every 1% increase helps. As the host put it, 'You get to choose your hard today or hard tomorrow.' Once your saving habits are solid, it's time to protect your progress. That starts with a fully funded emergency fund, especially if your lifestyle has changed. 'In your 30s, things always go sideways,' Hanson said. Protection also means having life insurance if others depend on you, updating your will and adjusting your emergency fund as your expenses grow. 'Your 30s are when your financial life—and generally your life altogether—expand a great deal,' Hanson explained. 'It's important to make sure that those who depend on you are taken care of.' Whether you're ahead, behind or just getting started, the message is simple: start now, stay consistent and build from there. 'Every day counts.' Read Next:Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Not Sure If You're On Track Financially? Here Are 3 Money Milestones Every 30-Something Should Aim For originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
