Contract Drilling Stocks: Up +19.74% ($BORR, $DO, $HP...)
Industry Analysis: Contract Drilling Market
Overview
Swing Trader, Long Only: Valuation & Efficiency Model for Energy Sector (TA&FA) Annualized Return + 13%
Industry Contract Drilling +19.74% - 1M change
The Contract Drilling industry includes companies offering onshore and offshore drilling services to the energy sector on a contractual or per-fee basis. Major and independent oil and gas firms are the primary customers. Industry heavyweights like Helmerich & Payne, Inc., Transocean Ltd, and Patterson-UTI Energy, Inc. are notable players in the U.S. market. The industry recently experienced a surge of +19.74% in the last month.
Key Stocks: $BORR, $DO, $HP, $NBR, $NE, $PDS, $PTEN, $RIG, $SDRL
The Contract Drilling industry comprises various stocks. The group of tickers includes $BORR, $DO, $HP, $NBR, $NE, $PDS, $PTEN, $RIG, and $SDRL. These stocks showed a positive outlook in recent market trends, with Volume Indicators backing the positive stance.
Market Performance
The average market capitalization across the industry is $3.4B, with tickers in the group ranging from $899M to $7.2B. Noble Corp (NE) holds the highest valuation in the group at $7.2B, while Precision Drilling Corp (PDS) is the lowest-valued company at $899M.
The average weekly price growth across all stocks in the group was 2.45%. Monthly price growth averaged 22.88%, with quarterly growth averaging 12.42%.
Company Highlights
1. Noble Corp ($NE)
Noble Corporation, with a market cap of $7.2B, emerged as a significant player. The company experienced a remarkable +13.12% jump in the weekly gain on 7/1/23.
2. Borr Drilling ($BORR)
Borr Drilling recorded a commendable performance, with a +10.68% increase in weekly gain noted on 6/30/23.
3. Seadrill Ltd ($SDRL)
Seadrill Ltd made headlines with record-breaking volume increases. The daily growth of 302%, 351%, and 328% of the 65-Day Volume Moving Average was recorded on 7/13/23, 7/11/23, and 7/7/23, respectively.
Fundamental Analysis Ratings
The industry’s average fundamental analysis ratings are as follows: Valuation Rating at 64, P/E Growth Rating at 76, Price Growth Rating at 36, SMR Rating at 79, and Profit Risk Rating at 79. These ratings give investors a comprehensive insight into the group's financial health and potential growth prospects.
BORR in +9.14% Uptrend, growing for three consecutive days on June 03, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where BORR advanced for three days, in of 273 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 02, 2025. You may want to consider a long position or call options on BORR as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for BORR just turned positive on May 27, 2025. Looking at past instances where BORR's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
BORR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
BORR moved below its 50-day moving average on June 04, 2025 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BORR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for BORR entered a downward trend on May 14, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.566) is normal, around the industry mean (5.882). BORR has a moderately high P/E Ratio (67.667) as compared to the industry average of (24.727). BORR's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.206). Dividend Yield (0.016) settles around the average of (0.037) among similar stocks. P/S Ratio (1.958) is also within normal values, averaging (1.149).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. BORR’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BORR’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 79, placing this stock worse than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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General Information
a provider of offshore contract drilling services for oil and gas wells
Industry ContractDrilling