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 stock yearly return is shown above.
The yearly return on the BORR stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the BORR annual return calculation with any dividends reinvested as applicable (on ex-dates).
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