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Borr Drilling LimitedNYSE: BORR

Profile

Sector:

Energy

Country:

Bermuda

IPO:

30 July 2019

Next earnings report:

29 November 2024

Last dividends:

22 August 2024

Next dividends:

N/A
$1.03 B
-52%vs. 3y high
41%vs. sector
-97%vs. 3y high
59%vs. sector
-57%vs. 3y high
31%vs. sector
-74%vs. 3y high
45%vs. sector

Price

after hours | Fri, 01 Nov 2024 23:47:55 GMT
$4.11-$0.08(-1.91%)
$271.90 M$246.12 M
$271.90 M$31.70 M

Analysts recommendations

Institutional Ownership

BORR Latest News

Borr Drilling Limited - Announcing Voluntary Delisting from Oslo Stock Exchange
prnewswire.com01 November 2024 Sentiment: NEGATIVE

HAMILTON, Bermuda , Nov. 1, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE & OSE: BORR) today announced that Euronext Oslo Stock Exchange ("OSE") has approved the Company's application for delisting, following an affirmative shareholder vote at the Company's Special General Meeting in October 2024. The Company's shares will be delisted from OSE as of 31 December 2024.

Borr Drilling Limited - Announces Pricing of Offering of Additional 10.375% Senior Secured Notes due 2030 For Gross Proceeds of $175 million
prnewswire.com25 October 2024 Sentiment: POSITIVE

HAMILTON, Bermuda , Oct. 25, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) announced today that its wholly-owned subsidiary Borr IHC Limited has priced an offering of additional 10.375% senior secured notes due 2030 (the "Additional Notes") for gross proceeds of approximately $175 million. The Additional Notes will have the same terms and conditions as the existing $515 million aggregate principal amount of senior secured notes due 2030.

Borr Drilling Limited Announces Certain Preliminary Results for the Quarter Ended September 30, 2024
prnewswire.com25 October 2024 Sentiment: POSITIVE

HAMILTON, Bermuda , Oct. 25, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) today announced certain preliminary unaudited results for the quarter ended September 30, 2024. For the three months ended September 30, 2024, the Company expects: (i) total operating revenues of approximately $242 million, (ii) operating income of approximately $84 million, and (iii) Adjusted EBITDA of approximately $116 million.

Borr Drilling Limited - Written resolution approved - Senior Unsecured Convertible Bond Loan 2023/2028
prnewswire.com17 October 2024 Sentiment: POSITIVE

HAMILTON, Bermuda , Oct. 17, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") has today been advised by the Nordic Trustee AS that, pursuant to the summons for a written resolution dated 2 October 2024 for the Company's senior unsecured convertible bonds with ISIN NO0012828187 (the "Bonds"), the written resolutions have today been resolved and approved by the bondholders. CONTACT:  Questions should be directed to: Magnus Vaaler, CFO, +44 1224 289208 This information was brought to you by Cision http://news.cision.com https://news.cision.com/borr-drilling-limited/r/borr-drilling-limited---written-resolution-approved---senior-unsecured-convertible-bond-loan-2023-20,c4052684   View original content:https://www.prnewswire.com/news-releases/borr-drilling-limited--written-resolution-approved--senior-unsecured-convertible-bond-loan-20232028-302279076.html SOURCE Borr Drilling Limited

Borr Drilling Limited - Summons for a written resolution - Senior Unsecured Convertible Bond Loan 2023/2028
prnewswire.com02 October 2024 Sentiment: NEUTRAL

HAMILTON, Bermuda , Oct. 2, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") has today requested Nordic Trustee AS to summon for a bondholders' written resolution (the "Summons") for the Company's senior unsecured convertible bonds with ISIN NO0012828187 (the "Bonds"). The purpose of the written resolution is to approve a proposal to amend the bond terms in connection with the potential de-listing of the Company's shares from the Oslo Stock Exchange, as approved by a Special General Meeting of the shareholders of the Company on October 1, 2024.

Borr Drilling Limited - SGM Results Notification
prnewswire.com01 October 2024 Sentiment: NEUTRAL

HAMILTON, Bermuda , Oct. 1, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) advises that a Special General Meeting of the Company was held on October 1, 2024 at 10:00 local time at 2nd Floor, S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda.

Borr Drilling Limited - Invitation to webcast and conference call Q3 2024 results
prnewswire.com01 October 2024 Sentiment: NEUTRAL

HAMILTON, Bermuda , Oct. 1, 2024 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and (OSE: BORR) plans to release its financial results for the third quarter 2024 after the close of the New York Stock Exchange on Wednesday 6 November, 2024. The earnings report and presentation will be available from the Investor Relations section on www.borrdrilling.com.

Borr Drilling Limited to Present at the Pareto Securities' 31st Annual Energy Conference
prnewswire.com11 September 2024 Sentiment: POSITIVE

HAMILTON, Bermuda , Sept. 11, 2024 /PRNewswire/ -- Chief Executive Officer, Patrick Schorn, of Borr Drilling Limited (the "Company") (NYSE: BORR) and (OSE: BORR) will present at the Pareto Securities' 31st Annual Energy Conference in Oslo, Norway, today, Wednesday 11 September 2024, at 1:50 pm CET.

Borr Drilling: Significant Upside Potential, Dividend Growth
seekingalpha.com04 September 2024 Sentiment: POSITIVE

Borr Drilling offers a strong investment opportunity with a 6.6% dividend yield, driven by a valuation gap and potential oil price recovery in 12-24 months. The company boasts a robust order backlog of $1.76 billion, ensuring revenue and cash flow visibility, with day rates expected to rise. Borr Drilling's modern fleet and tight supply-demand scenario for jack-up rigs support higher day rates, boosting EBITDA and cash flow.

Borr Drilling: Upgrading On A Strong Outlook And Commitment To Capital Returns - Buy
seekingalpha.com18 August 2024 Sentiment: POSITIVE

Adjusted for a number of one-time items, Borr Drilling reported Q2/2024 largely in line with expectations and reiterated full-year guidance. BORR declared a quarterly dividend of $0.10, unchanged from Q1/2024, which is expected to be paid on September 6. On the call, management hinted at further increases next year. The company continues to do well on the contracting front, with a new $250 million multi-year contract offshore Brazil being the highlight of the quarter.

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What type of business is Borr Drilling Limited?

Borr Drilling Limited operates as an offshore shallow-water drilling contractor to the oil and gas industry worldwide. The company owns, contracts, and operates jack-up drilling 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. It serves oil and gas exploration and production companies, such as integrated oil companies, state-owned national oil companies, and independent oil and gas companies. The company was formerly known as Magni Drilling Limited and changed its name to Borr Drilling Limited in December 2016. Borr Drilling Limited was incorporated in 2016 and is based in Hamilton, Bermuda.

What sector is Borr Drilling Limited in?

Borr Drilling Limited is in the Energy sector

What industry is Borr Drilling Limited in?

Borr Drilling Limited is in the Oil & Gas Drilling industry

What country is Borr Drilling Limited from?

Borr Drilling Limited is headquartered in Bermuda

When did Borr Drilling Limited go public?

Borr Drilling Limited initial public offering (IPO) was on 30 July 2019

What is Borr Drilling Limited website?

https://borrdrilling.com

Is Borr Drilling Limited in the S&P 500?

No, Borr Drilling Limited is not included in the S&P 500 index

Is Borr Drilling Limited in the NASDAQ 100?

No, Borr Drilling Limited is not included in the NASDAQ 100 index

Is Borr Drilling Limited in the Dow Jones?

No, Borr Drilling Limited is not included in the Dow Jones index

When was Borr Drilling Limited the previous earnings report?

No data

When does Borr Drilling Limited earnings report?

The next expected earnings date for Borr Drilling Limited is 29 November 2024