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's Stochastic Oscillator slumps into oversold zone
The Stochastic Oscillator for BORR moved into oversold territory on June 24, 2025. Be on the watch for the price uptrend or consolidation in the future. At that time, consider buying the stock or exploring call options.
Technical Analysis (Indicators)
Bullish Trend Analysis
BORR moved above its 50-day moving average on June 06, 2025 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for BORR crossed bullishly above the 50-day moving average on June 10, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where BORR advanced for three days, in of 271 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 185 cases where BORR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for BORR moved out of overbought territory on June 16, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 29 similar instances where the indicator moved out of overbought territory. In of the 29 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on June 24, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on BORR as a result. In of 93 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for BORR turned negative on June 24, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
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 .
BORR broke above its upper Bollinger Band on June 09, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 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.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable 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.
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
an offshore drilling contractor providing offshore drilling services to the oil and gas industry.
Industry ContractDrilling