Borr Drilling Limited (BORR)
| Market Cap | 1.70B +296.5% |
| Revenue (ttm) | 1.05B +5.8% |
| Net Income | 32.90M -35.2% |
| EPS | 0.12 -39.4% |
| Shares Out | 307.70M |
| PE Ratio | 46.72 |
| Forward PE | 78.86 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 11,537,388 |
| Open | 5.64 |
| Previous Close | 5.64 |
| Day's Range | 5.46 - 5.74 |
| 52-Week Range | 1.55 - 6.66 |
| Beta | 1.04 |
| Analysts | Buy |
| Price Target | 5.71 (+3.44%) |
| Earnings Date | May 20, 2026 |
About BORR
Borr Drilling Limited operates as an offshore shallow-water drilling contractor to the oil and gas industry in the Americas, Southeast Asia, West Africa, the Middle East, North Africa, and Europe. It owns, contracts, and operates jack-up rigs for operations in shallow-water areas, such as 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 com... [Read more]
Financial Performance
In 2025, Borr Drilling's revenue was $1.02 billion, an increase of 1.01% compared to the previous year's $1.01 billion. Earnings were $45.00 million, a decrease of -45.19%.
Financial StatementsAnalyst Summary
According to 6 analysts, the average rating for BORR stock is "Buy." The 12-month stock price target is $5.71, which is an increase of 3.44% from the latest price.
News
Borr Drilling Q1 Earnings Call Highlights
Borr Drilling NYSE: BORR reported lower first-quarter revenue and a net loss as delayed rig start-up activity, contract transitions and a credit loss provision weighed on results, while management sai...
Borr Drilling Limited - Q1 2026 Presentation
HAMILTON, Bermuda, May 21, 2026 /PRNewswire/ -- Please find enclosed the presentation of Borr Drilling Limited's first quarter 2026 results to be held on the webcast/conference call at 09:00 New York ...
Borr Drilling Earnings Call Transcript: Q1 2026
Q1 2026 saw strong safety and utilization, but revenue and EBITDA declined due to rig delays and credit loss. Fleet expanded to 34 rigs, contract coverage rose to 71%, and liquidity remains robust. Outlook is positive for 2027-2028, with demand driven by energy security and higher oil prices.
Borr Drilling Earnings release: Q1 2026
Borr Drilling released its Q1 2026 earnings on May 21, 2026, summarizing the period's financial results.
Borr Drilling Slides: Q1 2026
Borr Drilling has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 21, 2026.
Borr Drilling reports Q1 revenue $247M, consensus $260.61M
The company said, “Our operational performance in the first quarter of 2026 resulted in technical utilization of 99.4% and economic utilization of 97.0%. Revenue for the period was $247.0 million,…
Borr Drilling Limited Announces First Quarter 2026 Results
HAMILTON, Bermuda, May 20, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) ("Borr", "Borr Drilling" or the "Company") announces unaudited results for the three months ended March 31, 2026. Hig...
Borr Drilling Limited - Commencement of Trading on Euronext Oslo Børs and Publication of Prospectus
HAMILTON, Bermuda, May 20, 2026 /PRNewswire/ -- Reference is made to the announcement by Euronext Oslo Børs on May 7, 2026 regarding the approval to transfer the listing of the shares in Borr Drilling...
Borr Drilling options imply 4.2% move in share price post-earnings
Pre-earnings options volume in Borr Drilling (BORR) is 3.1x normal with calls leading puts 32:1. Implied volatility suggests the market is anticipating a move near 4.2%, or 26c, after results…
Borr Drilling Limited - 2026 AGM Results Notification
HAMILTON, Bermuda, May 20, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE and Euronext Growth Oslo: BORR) (the "Company") advises that the 2026 Annual General Meeting of the Company was held on May ...
Borr Drilling upgraded to Buy from Hold at Fearnley
Fearnley upgraded Borr Drilling (BORR) to Buy from Hold with a $6.80 price target
Borr Drilling Limited - Invitation to Webcast and Conference Call for Q1 2026 Results
HAMILTON, Bermuda, April 20, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and (Euronext Growth Oslo: BORR) (the "Company") plans to release its financial results for the first quarter of 20...
Borr Drilling Limited - Completes Offering of Convertible Senior Notes due 2033
HAMILTON, Bermuda, April 17, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE and Euronext Growth Oslo: BORR) ("Borr Drilling" or the "Company") today announced that is has completed its previously an...
Borr Drilling Limited - Announces Pricing of $260 million of 3.50% Convertible Senior Notes due 2033
HAMILTON, Bermuda, April 15, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and (Euronext Growth Oslo: BORR) ("Borr Drilling" or the "Company") today announced the pricing of $260 million in ...
Borr Drilling announces $250M convertible senior notes offering
Borr Drilling (BORR) Limited announced that it intends to offer, subject to market and other conditions, $250M aggregate principal amount of convertible senior notes due 2033 to qualified institutiona...
Borr Drilling Announces Proposed Offering of $250 million of Convertible Senior Notes due 2033
HAMILTON, Bermuda, April 14, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE and Euronext Growth Oslo: BORR) ("Borr Drilling" or the "Company") today announced that it intends to offer, subject to ma...
Borr Drilling provides operational fleet update
Borr Drilling (BORR) provided operational updates on its fleet, including developments related to the ongoing situation in the Middle East, and announced a new contract commitment. With reference to t...
Borr Drilling Limited - Operational and Contracting Updates
HAMILTON, Bermuda, April 13, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE and Euronext Growth Oslo: BORR) ("Borr Drilling" or the "Company") today provided operational updates on its fleet, includ...
Borr Drilling Limited - Notice of Annual General Meeting
HAMILTON, Bermuda, April 7, 2026 /PRNewswire/ -- The Annual General Meeting of Shareholders of Borr Drilling Limited (NYSE and Euronext Growth Oslo: BORR) (the "Company") will be held on Wednesday, Ma...
Borr Drilling Limited - Contracting Updates
HAMILTON, Bermuda, April 1, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE and Euronext Growth Oslo: BORR) ("Borr Drilling" or the "Company") is pleased to announce new contract commitments for four...
Services firms feel the squeeze as oil rally from Iran war fails to spur drilling
Global oilfield services companies are bracing for a hit to earnings as the Iran war disrupts energy infrastructure across the Middle East and producers hold back on new drilling until higher oil pri...
Borr Drilling Limited - Filing of 2025 Annual Report on Form 20-F
HAMILTON, Bermuda, March 26, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE and Euronext Growth Oslo: BORR) ("Borr Drilling" or the "Company") today filed its annual report on Form 20-F for the year...
Borr Drilling to acquire five premium jack-up rigs from Fontis Finance for $287M
Borr Drilling (BORR) announced that it has entered into definitive agreements to acquire five premium jack-up rigs from Fontis Finance for a purchase price of $287M. The acquisition will be…
Borr Drilling Limited - Acquisition of Five Premium Jack-Up Rigs through New Joint Venture
HAMILTON, Bermuda, March 23, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE and Euronext Growth Oslo: "BORR") ("Borr Drilling" or the "Company") announced today that it has entered into definitive a...
Borr Drilling downgraded to Hold from Buy at SEB Equities
SEB Equities analyst Kim Andre Uggedal downgraded Borr Drilling (BORR) to Hold from Buy with a $5.45 price target The firm cites valuation for the downgrade, saying the jack-up recovery…