GeoSphere Capital Management acquired 1,385,000 shares of Borr Drilling (valued at $5.58 million) in Q4 2025, representing 1.84% of the fund's assets. The investment reflects renewed confidence in the offshore drilling sector as contract activity recovers and Borr's stock has surged 95% over the past year. Success depends on sustaining higher day rates and strong rig demand.

Borr Drilling reported strong Q2 2025 results, securing $102.5 million in equity, expanding credit facilities, and maintaining high rig utilization amid global market shifts. The company is strategically positioning itself for growth and potential industry consolidation.

Borr Drilling Limited announced a cash distribution of US$0.02 per share for the fourth quarter of 2024, with ex-dates and payment dates for shares traded on NYSE and Euronext VPS.

Several large-cap stocks, including Super Micro Computer, Estee Lauder, and Li Auto, experienced significant declines last week due to various factors such as auditor resignation, earnings misses, and weaker-than-expected demand.

Norway's stock market closed lower on Tuesday, with the Oslo OBX index declining 0.49%. The best performers were TGS NOPEC Geophysical Company, Hoegh Autoliners, and Kongsberg Gruppen, while the worst performers were DnB, Borr Drilling, and Norwegian Air Shuttle.

While the company missed profit estimates, it reaffirmed full-year guidance and doubled its dividend.

In our monthly Rare Stock Picks series, we're highlighting February 2024 investment picks. Click here for the list of February 2024 Buy recommendations.

Evercore ISI Group has decided to maintain its In-Line rating of Borr Drilling (NYSE:BORR) and lower its price target from $10.00 to $9.00. Shares of Borr Drilling are trading down 2.16% over the last 24 hours, at $6.34 per share. A move to $9.00 would account for a 41.96% increase from the current share price. About Borr Drilling Borr Drilling Ltd is a drilling contractor that owns and operates jack-up rigs of modern and high-specification designs providing drilling services to the oil and gas exploration and production industry. The company operates a ...Full story available on Benzinga.com

Shares of United Parcel Service, Inc. (NYSE: UPS) fell sharply during Tuesday’s session after the company reported worse-than-expected fourth-quarter sales results and issued FY24 sales guidance below estimates. UPS reported a fourth-quarter fiscal 2023 revenue decline of 7.8% year-over-year to $24.92 billion, missing the consensus of $25.43 billion. Adjusted EPS was $2.47, down from $3.62 in Q4 2022, in line with the consensus. United Parcel Service shares dipped 8.3% to $145.04 on Tuesday. Here are some other stocks moving in today's mid-day session. Gainers Agape ATP Corporation (NASDAQ: ATPC) shares jumped 79% to $0.9120. Pixelworks, Inc. (NASDAQ: PXLW) rose 56.8% to $2.3209 after the company entered into a multi-year agreement with Walt Disney Studios. Agrify Corporation (NASDAQ: AGFY) surged 50.7% to $0.9120 after a 13D filing showed I-Tseng Jenny Chan reported a 49.99% stake in the company. Rail Vision Ltd. (NASDAQ: RVSN) gained 38.8% to $20.38 after the company announced its next generation AI-based computer to be incorporated in its Main Line and Switch Yard systems. Inspire Veterinary Partners, Inc. (NASDAQ: IVP) climbed 38% to $0.2359 after falling around 24% on Monday. Inspire Veterinary Partners recently filed a prospectus related to up to a $5 million public offering. Sanmina Corporation (NASDAQ: SANM) shares climbed 36.7% to $69.21 after the company reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates. Selina Hospitality PLC (NASDAQ: SLNA) gained 20.8% to $0.4603. C3is Inc. (NASDAQ: CISS) shares surged 19.1% to $0.1609 after a 13G filing showed S.H.N. Financial reported a 9.1% stake in the company. Brainstorm Cell Therapeutics Inc. (NASDAQ: BCLI) rose 18.2% to $0.39. Kura Oncology, Inc. (NASDAQ: KURA) climbed 16.1% to $21.60. Kura Oncology reported preliminary ziftomenib combination data in acute myeloid leukemia. Petros Pharmaceuticals, Inc. (NASDAQ: PTPI) gained 13.9% to $1.56 after gaining more than 25% on ...

U.S. stock futures were lower this morning, with the Dow futures falling around 50 points on Tuesday. Shares of Calix, Inc. (NYSE: CALX) fell sharply in pre-market trading after the company issued first-quarter adjusted EPS and revenue guidance below estimates. Calix said it sees first-quarter adjusted earnings of 17 cents to 23 cents per share, versus analysts’ estimates of 38 cents per share. It expects revenue of $225 million to $231 million, versus expectations of $267.57 million, according to data from Benzinga Pro. Calix shares dipped 25.4% to $33.03 in pre-market trading. Here are some big stocks recording losses in today’s ...

Noble Corporation reported strong Q3 results with revenues and profitability reaching new multi-year highs. Find out why NE stock is a Buy.

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30. Here’s the ...