Borr Drilling is an offshore shallow-water drilling contractor providing offshore drilling services to the oil and gas industry. Co.'s primary business is the ownership, contracting and operation of jack-up rigs for operations in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production customers. Co. has several jack-up rigs, of which some rigs are warm stacked, meaning the rigs are kept ready for redeployment and retain a maintenance crew. The BORR average annual return since 2019 is shown above.
The Average Annual Return on the BORR average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether BORR average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the BORR average annual return calculation with any dividends reinvested as applicable (on ex-dates).
|