Hedge Fund Bullish On This Oil And Gas Supply Chain Stock, Sees 400% Upside

Granular Capital, a London-based hedge fund, is bullish on Borr Drilling, predicting its stock could rise by up 300% or 400%. Borr specializes in offshore drilling with a fleet of 24 modern jack-up rigs used for shallow-water oil and gas production. According to CNBC Pro, the hedge fund's investment thesis hinges on the limited supply of such rigs and the growing demand for their use. Here's more: 

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!