shaunl/E+ via Getty Images Borr Drilling Limited ( BORR ) announced it will acquire five premium jack-up rigs from Fontis Finance Ltd. for $287 million. This acquisition will be carried out through BC Ventures Limited, a newly established 50/50 joint venture between Borr Drilling subsidiaries and a long-term partner in Mexico. The joint venture will take ownership of two Friede & Goldman JU-2000E ...
shaunl/E+ via Getty Images Borr Drilling Limited ( BORR ) announced it will acquire five premium jack-up rigs from Fontis Finance Ltd. for $287 million. This acquisition will be carried out through BC Ventures Limited, a newly established 50/50 joint venture between Borr Drilling subsidiaries and a long-term partner in Mexico. The joint venture will take ownership of two Friede & Goldman JU-2000E rigs and three LeTourneau Super 116-C rigs, all currently based in Mexico. Financing for the purchase will come from a $237 million non-recourse seller's credit and a $25 million cash contribution from both Borr Drilling and its local partner. The seller's credit will mature in 2.5 years and be secured by among other things, a first lien on the five jack-up rigs. The deal is expected to close in Q3 2026, pending standard closing conditions and merger control approvals. "These rigs are being acquired at an attractive valuation and at a lower debt per rig and cash breakeven level than our existing fleet....... In the current environment, we expect demand for jack-up rigs to increase, and the acquisition of these units positions us well to capture future opportunities in Mexico and globally," said Borr Drilling CEO Bruno Morand . More on Borr Drilling Borr Drilling: Share Price Is Not Supported By Future Revenues Borr Drilling Limited (BORR) Q4 2025 Earnings Call Transcript Borr Drilling halts Persian Gulf operations, placing three rigs on standby Borr Drilling signals higher 2026 contract coverage while expanding fleet with $174M acquisition Seeking Alpha’s Quant Rating on Borr Drilling
Chinese Containership Is First To Pay Iran For "Safe Passage" Through Strait As Iraqi Tanker Crosses With Signal Off The blockaded Strait of Hormuz is getting progressively less "blockaded" by the day. Over the weekend we reported that " Iran was Ready To Let Japanese Ships Use Hormuz As Chinese, Indian Tankers Already Allowed Passage ." We can now add Iraq to the growing list of nations whose ves...
Chinese Containership Is First To Pay Iran For "Safe Passage" Through Strait As Iraqi Tanker Crosses With Signal Off The blockaded Strait of Hormuz is getting progressively less "blockaded" by the day. Over the weekend we reported that " Iran was Ready To Let Japanese Ships Use Hormuz As Chinese, Indian Tankers Already Allowed Passage ." We can now add Iraq to the growing list of nations whose vessels are transiting the infamous Strait. An oil supertanker hauling two-million barrels of Iraq’s crude got through the Strait of Hormuz, the first vessel observed moving Baghdad’s barrels through the the vital waterway - according to Bloomberg - since it all but closed to commercial shipping because of the Iran war. The Omega Trader tanker Source: MarineTraffic The Omega Trader, managed by Japan’s Mitsui OSK Lines Ltd, signaled over the past few days that it reached Mumbai. Its prior signal before reaching the Indian port city had been from inside the Persian Gulf more than ten days ago, suggesting the tanker had shut off its tracking beacon while making the transit. While only a few tankers have gone through since the conflict began, the transits help to alleviate what the International Energy Agency describes as the biggest supply disruption in the history of the oil market. Many of the ships that have managed to get through Hormuz have discharged in India (the rest have proceeded onward to Singapore and "friendly" China). The nation’s government has engaged with Iranian officials to seek passage for vessels due to haul energy to the country, and one liquefied petroleum gas vessel was guided through Hormuz by the Iranian navy. The ship’s technical manager is Mitsui OSK, according to data on the Equasis maritime database. The company didn’t respond to a request for comment outside of normal business hours. Meanwhile, in a first for the Strait's new role as Iran's (temporary), toll road a Chinese-owned feeder containership has become the first vessel with confirmed mainlan...
The post Rumble Stock Price Prediction: 2026, 2027, 2030 by Ryan Peterson appeared first on Benzinga . Visit Benzinga to get more great content like this. Analysts are saying that Rumble could hit $6.46 by 2030. Bullish on RUM? Invest in Rumble on SoFi with no commissions. If it’s your first time signing up for SoFi, you’ll receive up to $1,000 in stock when you first fund your account. Plus, get ...
The post Rumble Stock Price Prediction: 2026, 2027, 2030 by Ryan Peterson appeared first on Benzinga . Visit Benzinga to get more great content like this. Analysts are saying that Rumble could hit $6.46 by 2030. Bullish on RUM? Invest in Rumble on SoFi with no commissions. If it’s your first time signing up for SoFi, you’ll receive up to $1,000 in stock when you first fund your account. Plus, get a 1% bonus if you transfer your investments and keep them there until December 31, 2025. Rumble Inc. (NASDAQ: RUM), the alternative video and streaming platform, has found itself at the center of debates around digital free speech, content monetization, and the future of social media. With a highly engaged user base and bold expansion efforts, the company’s IPO promised a new disruptor in big tech, yet its shares have been marked by volatility, platform experimentation, and shifting analyst sentiment. This article will provide a detailed look at Rumble’s current price and valuation; long-term price predictions for 2026, 2027, and 2030; and a sourced review of bullish and bearish perspectives on the stock’s risk/reward profile. RUM Chart by TradingView Table of contents [ Show ] Current Rumble Stock Overview Quick Snapshot Table of Predictions Bull & Bear Case Bull Case Bear Case Rumble Stock Price Prediction for 2026 Rumble Stock Price Prediction for 2027 Rumble Stock Price Prediction for 2030 Investment Considerations Frequently Asked Questions Current Rumble Stock Overview Market Cap: $1.79 billion Trailing P/E Ratio: N/A (Net losses continue) Forward P/E Ratio: N/A 1-Year Return: -34% 2026 YTD: -17% Rumble trades around $5 as of March 2026, down from 52-week highs above $10.99, and around its all-time low of $5.10. The stock’s movement has mirrored content creator migrations, digital advertising spend cycles, and bursts of political attention. Unlike platform peers with steady ad and subscription models, Rumble’s price swings have been amplified by news-driven volume and...
Philippine President Ferdinand Marcos Jr. signaled that his government will tolerate weakness in the peso, saying there is a limit to their defense of the currency as market forces drive up the US dollar. He spoke with Bloomberg's Haslinda Amin in Manila. (Source: Bloomberg)
Philippine President Ferdinand Marcos Jr. signaled that his government will tolerate weakness in the peso, saying there is a limit to their defense of the currency as market forces drive up the US dollar. He spoke with Bloomberg's Haslinda Amin in Manila. (Source: Bloomberg)
Shares of Oracle Corporation (NYSE:ORCL - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the forty brokerages that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, twenty-seven have issued a buy recommendation and three have issued a strong buy recomme...
Shares of Oracle Corporation (NYSE:ORCL - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the forty brokerages that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, twenty-seven have issued a buy recommendation and three have issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $265.7714. ORCL has been the subject of several analyst reports. Barclays reduced their price target on shares of Oracle from $310.00 to $230.00 and set an "overweight" rating for the company in a report on Monday, March 9th. KeyCorp cut their price objective on shares of Oracle from $350.00 to $300.00 and set an "overweight" rating on the stock in a research report on Thursday, December 11th. Citigroup boosted their target price on shares of Oracle from $310.00 to $320.00 and gave the company a "buy" rating in a research note on Thursday, March 12th. BMO Capital Markets decreased their target price on shares of Oracle from $205.00 to $200.00 and set an "outperform" rating for the company in a research report on Wednesday, March 11th. Finally, TD Cowen dropped their price target on shares of Oracle from $350.00 to $250.00 and set a "buy" rating on the stock in a research note on Friday, March 6th. Get Oracle alerts: Sign Up View Our Latest Stock Analysis on ORCL Insider Activity at Oracle In related news, CEO Clayton M. Magouyrk sold 10,000 shares of the firm's stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $155.23, for a total value of $1,552,300.00. Following the sale, the chief executive officer directly owned 134,030 shares in the company, valued at $20,805,476.90. This trade represents a 6.94% decrease in their position. The transaction was disclosed in a legal filing wit...
Oil rebounded from Monday's losses on concern that other nations may be drawn into the Middle East war. Brent climbed toward $104 a barrel, as the Wall Street Journal reported US allies in the Persian Gulf are inching toward contributing to the conflict. Bloomberg’s Anthony di Paola reports. (Source: Bloomberg)
Oil rebounded from Monday's losses on concern that other nations may be drawn into the Middle East war. Brent climbed toward $104 a barrel, as the Wall Street Journal reported US allies in the Persian Gulf are inching toward contributing to the conflict. Bloomberg’s Anthony di Paola reports. (Source: Bloomberg)
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)