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rig utilization

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The Motley FoolThe Motley Fool··Eric Trie

GeoSphere Capital Bets on Offshore Drilling Recovery with Borr Investment

GeoSphere Capital invests $5.58 million in offshore driller Borr, betting on sector recovery as contract activity improves and utilization rates rise.
CCJBORRNESRcapital spendingoffshore drilling
BenzingaBenzinga··Henry Khederian

Transocean Gains Despite Earnings Miss as Merger Plans Advance

Transocean shares rose despite missing earnings estimates, as investors focused on strong revenue, solid cash flow, and the transformational Valaris merger.
RIGVALVAL.WSearnings missmerger