Borr Drilling Limited (BORR)

NYSE: BORR · Real-Time Price · USD
5.52
-0.12 (-2.13%)
At close: May 22, 2026, 4:00 PM EDT
5.60
+0.08 (1.45%)
After-hours: May 22, 2026, 7:59 PM EDT
Market Cap1.70B +296.5%
Revenue (ttm)1.05B +5.8%
Net Income32.90M -35.2%
EPS0.12 -39.4%
Shares Out 307.70M
PE Ratio46.72
Forward PE78.86
Dividendn/a
Ex-Dividend Daten/a
Volume11,537,388
Open5.64
Previous Close5.64
Day's Range5.46 - 5.74
52-Week Range1.55 - 6.66
Beta1.04
AnalystsBuy
Price Target5.71 (+3.44%)
Earnings DateMay 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]

Sector Energy
IPO Date Jul 31, 2019
Employees 2,030
Stock Exchange NYSE
Ticker Symbol BORR
Full Company Profile

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 Statements

Analyst 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.

Price Target
$5.71
(3.44% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

2 days ago - MarketBeat

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 ...

2 days ago - PRNewsWire

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.

2 days ago - Transcripts

Borr Drilling Earnings release: Q1 2026

Borr Drilling released its Q1 2026 earnings on May 21, 2026, summarizing the period's financial results.

2 days ago - Filings

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.

2 days ago - Filings

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,…

2 days ago - TheFly

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...

3 days ago - PRNewsWire

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...

3 days ago - PRNewsWire

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…

3 days ago - TheFly

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 ...

3 days ago - PRNewsWire

Borr Drilling upgraded to Buy from Hold at Fearnley

Fearnley upgraded Borr Drilling (BORR) to Buy from Hold with a $6.80 price target

4 weeks ago - TheFly

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...

4 weeks ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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 ...

5 weeks ago - PRNewsWire

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...

5 weeks ago - TheFly

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...

5 weeks ago - PRNewsWire

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...

5 weeks ago - TheFly

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...

5 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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...

7 weeks ago - PRNewsWire

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...

Other symbols: BKRHALSLB
2 months ago - Reuters

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...

2 months ago - PRNewsWire

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…

2 months ago - TheFly

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...

2 months ago - PRNewsWire

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…

2 months ago - TheFly