Borr Drilling Limited - Notice of Annual General Meeting
- HAMILTON, Bermuda , March 17, 2025 /PRNewswire/ -- The Annual General Meeting of Shareholders of Borr Drilling Limited (the "Company") (NYSE: BORR) will be held on Wednesday May 21, 2025. The Board of Directors has fixed the close of business on March 6, 2025, as the record date for determination of the shareholders entitled to receive notice of, attend and vote at the Annual General Meeting or any adjournment thereof.
- 03/17/2025
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Borr Drilling Limited (BORR) Q4 2024 Earnings Call Transcript
- Borr Drilling Limited (BORR) Q4 2024 Earnings Call Transcript
- 02/20/2025
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Borr Drilling Limited - Dividend declaration and key information relating to the cash distribution for the fourth quarter 2024
- HAMILTON, Bermuda , Feb. 19, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) today announces that the Company's Board of Directors has approved a cash distribution of paid-in capital of US$0.02 per share for the fourth quarter of 2024 to shareholders of record on March 3, 2025. For the shares traded on NYSE, the ex-date is March 3, 2025, and payment date will be on or about March 19, 2025.
- 02/19/2025
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Borr Drilling Limited - Collections update Mexico
- HAMILTON, Bermuda , Jan. 30, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (the "Company") is pleased to announce that it has agreed with its major Mexican customer to receive payment settlement for approximately $125 million related to its outstanding receivables. The Company expects to collect this amount in the first half of February 2025.
- 01/30/2025
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Borr Drilling Limited - Invitation to webcast and conference call Q4 2024 results
- HAMILTON, Bermuda , Jan. 21, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) plans to release its financial results for the fourth quarter 2024 after the close of the New York Stock Exchange on Wednesday 19 February, 2025. A conference call and webcast is scheduled for 15:00 CEST (9:00 AM New York Time) on Thursday 20 February, 2025 and participants are encouraged to dial in 10 minutes before the start of the call.
- 01/21/2025
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Borr Drilling Limited to Present at the Fearnley Securities' Annual Offshore Drilling Seminar
- HAMILTON, Bermuda , Jan. 15, 2025 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) will present at the Fearnley Securities' Annual Offshore Drilling Seminar in New York and London on January 15 and 16, 2025, respectively. A copy of the presentation to be held is available on the Company's website at www.borrdrilling.com and enclosed to this release.
- 01/15/2025
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Borr Drilling: Leading The Jack-Up Offshore Drilling Market
- The jack-up market is characterized by some of the tightest supply conditions in the maritime sector. Approximately 30% of the global fleet has been operating for 30 years or more. The order book represents only 3% of the global fleet, and even if current rates do not incentivize the construction of new rigs, delivery times are still over 3 years. With one of the largest and youngest portfolios in the industry, Borr Drilling is uniquely positioned to benefit from those tight supply conditions over the long term.
- 01/14/2025
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The Bottom Fishing Club: If Oil Spikes, Borr Drilling Could Be A Huge Winner
- Borr Drilling stands out as an undervalued offshore driller with improving financials, high utilization rates, and potential growth into the U.S. market under President Trump. Borr's valuation is quite attractive, looking at extremely low forward P/E and EV/EBITDA ratios or record-low multiples on sales. High levels of management ownership, and the real possibility of increased dividends and share buybacks are solid reasons to consider purchasing shares.
- 01/06/2025
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Borr Drilling - Update on Share Repurchase Program
- HAMILTON, Bermuda , Dec. 23, 2024 /PRNewswire/ -- Borr Drilling Limited ("Borr Drilling" or the "Company") (NYSE: BORR) (OSE: BORR) initiated a share repurchase program on December 13, 2024 to repurchase USD 10 million of the Company's common shares in open market transactions ("the First Tranche") on the OSE and NYSE until no later than December 31, 2024 pursuant to an agreement with DNB Markets, a part of DNB Bank ASA ("DNB Markets"). This was the second step under the Board of Directors authorized commitment to repurchase $20 million worth of shares before the end of 2024.
- 12/22/2024
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Borr Drilling Limited - Update on Share Repurchase Program
- HAMILTON, Bermuda , Dec. 12, 2024 /PRNewswire/ -- Borr Drilling Limited ("Borr Drilling" or the "Company") (NYSE: BORR) (OSE: BORR) refers to i) its announcement on 6 November 2024, where the Company announced the authorization by its Board of Directors of a commitment to repurchase $20 million worth of shares within year end 2024, under its previously announced $100 million share repurchase authorization, and ii) the announcement on November 20, 2024, where the Company announced the completion of the first $10 million repurchases under the $20 million authorization (the "First Tranche"). The Company has entered a new agreement with DNB Markets ("DNB") to effect the purchase of the remaining $10 million worth of shares under the $20 million authorization in open market transactions on OSE and NYSE by December 31, 2024 (the "Second Tranche").
- 12/12/2024
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Borr Drilling Limited - Contracting update
- HAMILTON, Bermuda , Dec. 9, 2024 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) is pleased to announce a new contract commitment for its premium jack-up rig "Norve" with a repeat customer in West Africa. This work is in direct continuation of the Marathon Oil contract and is estimated to commence in Q3 2025.
- 12/09/2024
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This oil and gas stock could 4x your money in 2025
- Borr Drilling Ltd (NYSE: BORR) is positioned for exceptional returns in 2025, as per Thiago Mordehachvili – the chief investment officer of London-based Granular Capital. He recommends investing in the offshore drilling vessels company as more than 30% of the global jack-up fleet is close to retirement.
- 11/26/2024
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Borr Drilling: 3 Reasons To Look Beyond The Current Selloff
- Borr Drilling sold off on news that Aramco is suspending one of its rigs. The sell-off is perhaps amplified by the Oslo de-listing as certain institutional holders can no longer own the stock. Despite the worries, Borr Drilling is expected to generate 20% FCF yield next year under conservative assumptions.
- 11/25/2024
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Borr Drilling - Update on Share Repurchase Program
- HAMILTON, Bermuda , Nov. 20, 2024 /PRNewswire/ -- Borr Drilling Limited ("Borr Drilling" or the "Company") (NYSE: BORR) (OSE: BORR) initiated a share repurchase program on November 12, 2024 to repurchase USD 10 million of the Company's common shares in open market transactions ("the First Tranche") on the OSE and NYSE until no later than November 30, 2024 pursuant to an agreement with DNB Markets, a part of DNB Bank ASA ("DNB Markets"). This was the initial step under the Board of Directors authorized commitment to repurchase $20 million worth of shares before the end of 2024.
- 11/20/2024
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Borr Drilling Limited - Temporary Suspension Notice
- HAMILTON, Bermuda , Nov. 19, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) has received a notice of temporary suspension of operation for its rig "Arabia II", operating in Saudi Arabia. The temporary suspension will be for a period of up to 12 months.
- 11/19/2024
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Borr Drilling Limited - Notification of PDMR transaction
- HAMILTON, Bermuda , Nov. 11, 2024 /PRNewswire/ -- Drew Holdings Ltd., a close associate of Mr.
- 11/11/2024
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Borr Drilling Limited (BORR) Q3 2024 Earnings Call Transcript
- Borr Drilling Limited (NYSE:BORR ) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants Patrick Schorn - Chief Executive Officer Magnus Vaaler - Chief Financial Officer Bruno Morand - Chief Commercial Officer Conference Call Participants Truls Olsen - Fearnley Securities Fredrik Stene - Clarksons Securities Chris Lee - Evercore ISI Patrick Schorn Good morning and thank you for participating in the Borr Drilling Third Quarter Earnings Call. I'm Patrick Schorn and with me here in Bermuda today, following the Borr Drilling Board meeting, is Bruno Morand, our Chief Commercial Officer; and Magnus Vaaler, our Chief Financial Officer.
- 11/09/2024
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Borr Drilling Limited - Q3 2024 Presentation
- HAMILTON, Bermuda, Nov. 7, 2024 /PRNewswire/ -- Please find enclosed the presentation of Borr Drilling Limited's third quarter 2024 results to be held on the webcast/conference call at 15:00 CET (9:00 AM New York time) on November 7, 2024. In order to listen to the presentation, you may do one of the following: Webcast To access the webcast, please go to the following link: https://edge.media-server.com/mmc/p/fcm3dyij Conference Call Please use this link to register for the conference call, https://register.vevent.com/register/BIea4864aaf4d64820b9752cb43cff5bf1 Participants will then receive dial-in details on screen and via email and can then choose to dial in with their unique pin or select "Call me" and provide telephone details for the system to link them automatically.
- 11/07/2024
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Borr Drilling Limited - Grant of Restricted Stock Units
- HAMILTON, Bermuda , Nov. 6, 2024 /PRNewswire/ -- The Board of Directors of Borr Drilling Limited (the "Company") (OSE and NYSE "BORR") informs that it has resolved to grant 136,612 Restricted Stock Units (each, a "RSU") to its Directors. Each RSU represents one share in the Company.
- 11/06/2024
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Borr Drilling Limited Announces Third Quarter 2024 Results
- HAMILTON, Bermuda , Nov. 6, 2024 /PRNewswire/ -- Borr Drilling Limited ("Borr", "Borr Drilling" or the "Company") announces unaudited results for the three and nine months ended September 30, 2024. Highlights Total operating revenues of $241.6 million, a decrease of $30.3 million or 11% compared to the second quarter of 2024 Net income of $9.7 million, a decrease of $22.0 million or 69% compared to the second quarter of 2024 Adjusted EBITDA of $115.5 million, a decrease of $20.9 million or 15% compared to the second quarter of 2024 Year to date of report, the Company has been awarded seventeen new contract commitments, representing 4,129 days and $731 million of potential contract revenue On November 6, 2024, the Board declared a cash distribution of $0.02 per share ($4.8 million) for the third quarter of 2024 to be paid on or about December 16, 2024, and committed to buy back $20 million worth of shares before year end 2024, equalling a total shareholder return of $25 million, an amount in line with previous quarters CEO, Patrick Schorn commented: "The operational performance in the third quarter was solid, with a technical utilization rate of 98.7% and an economic utilization rate of 96.9%.
- 11/06/2024
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Borr Drilling: Back Into Value Territory After The Sell-Off
- The stock has declined over 40% year-to-date, impacted by Saudi Aramco's decision to halt production increases and release jackup rigs. The long-term investment thesis remains intact, supported by discounted valuation, future free cash flow visibility, and strong fundamentals for the jackup market. The stock is now in value territory, presenting a solid buy-the-dip opportunity with a conspicuous margin of safety.
- 11/05/2024
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Borr Drilling Limited - Announcing Voluntary Delisting from Oslo Stock Exchange
- 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.
- 11/01/2024
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Top 3 Energy Stocks That Are Preparing To Pump In November
- The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
- 11/01/2024
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Borr Drilling Limited - Announces Pricing of Offering of Additional 10.375% Senior Secured Notes due 2030 For Gross Proceeds of $175 million
- 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.
- 10/25/2024
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Borr Drilling Limited Announces Certain Preliminary Results for the Quarter Ended September 30, 2024
- 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.
- 10/25/2024
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Borr Drilling Limited - Written resolution approved - Senior Unsecured Convertible Bond Loan 2023/2028
- 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
- 10/17/2024
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Borr Drilling Limited - Summons for a written resolution - Senior Unsecured Convertible Bond Loan 2023/2028
- 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.
- 10/02/2024
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Borr Drilling Limited - SGM Results Notification
- 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.
- 10/01/2024
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Borr Drilling Limited - Invitation to webcast and conference call Q3 2024 results
- 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.
- 10/01/2024
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Borr Drilling Limited to Present at the Pareto Securities' 31st Annual Energy Conference
- 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.
- 09/11/2024
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Borr Drilling: Significant Upside Potential, Dividend Growth
- 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.
- 09/04/2024
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Borr Drilling Limited - Notice of Special General Meeting of Shareholders
- HAMILTON, Bermuda , Sept. 3, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) advises that the Company will hold a Special General Meeting on Tuesday, October 1st, 2024 to approve the delisting of the Company's common shares from the Oslo Stock Exchange and to authorise the Board of Directors to take steps to implement the delisting including filing an application to the Oslo Stock Exchange on behalf of the Company.
- 09/03/2024
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Borr Drilling: Upgrading On A Strong Outlook And Commitment To Capital Returns - Buy
- 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.
- 08/18/2024
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Borr Drilling Limited (BORR) Q2 2024 Earnings Call Transcript
- Borr Drilling Limited (NYSE:BORR ) Q2 2024 Earnings Conference Call August 15, 2024 9:00 AM ET Company Participants Patrick Schorn - CEO Magnus Vaaler - CFO Bruno Morand - Chief Commercial Officer Conference Call Participants James West - Evercore ISI Fredrik Stene - Clarksons Securities Truls Olsen - Fearnley Securities Doug Becker - Capital One Operator Good day and thank you for standing by. Welcome to the Borr Drilling Limited Second Quarter 2024 Results Presentation Webcast and Conference Call.
- 08/15/2024
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Borr Drilling Limited - Q2 2024 Presentation
- HAMILTON, Bermuda , Aug. 15, 2024 /PRNewswire/ -- Please find enclosed the presentation of Borr Drilling Limited's second quarter 2024 results to be held on the webcast/conference call at 15:00 CEST (9:00 AM New York time) on August 15, 2024. In order to listen to the presentation, you may do one of the following: a) Webcast To access the webcast, please go to the following link: https://edge.media-server.com/mmc/p/oog8fcz6 b) Conference Call Please use this link to register for the conference call, https://register.vevent.com/register/BI5537d561434e4a0482d85516e384dbe1 Participants will then receive dial-in details on screen and via email and can then choose to dial in with their unique pin or select "Call me" and provide telephone details for the system to link them automatically.
- 08/15/2024
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Borr Drilling Limited - Dividend declaration and key information relating to the cash distribution for the second quarter 2024
- HAMILTON, Bermuda , Aug. 14, 2024 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) today announces that the Company's Board of Directors has approved a cash distribution of paid-in capital of US$0.10 per share for the second quarter of 2024. Note to shareholders registered in Euronext VPS, the Norwegian Central Security Depository: Due to implementation of the Central Securities Depository Regulation (CSDR) in Norway, please note the information regarding the payment date for the shares registered in Euronext VPS below.
- 08/14/2024
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Borr Drilling Limited Announces Second Quarter 2024 Results
- HAMILTON, Bermuda , Aug. 14, 2024 /PRNewswire/ -- Borr Drilling Limited ("Borr", "Borr Drilling" or the "Company") announces unaudited results for the three and six months ended June 30, 2024. Highlights Total operating revenues of $271.9 million, an increase of $37.9 million or 16% compared to the first quarter of 2024 Net income of $31.7 million, an increase of $17.3 million or 120% compared to the first quarter of 2024 Adjusted EBITDA1 of $136.4 million, an increase of $19.6 million or 17% compared to the first quarter of 2024 Year to date of report, the Company has been awarded fourteen new contract commitments, representing 3,537 days and $651 million of potential contract revenue In August, the Company raised $150 million of additional principal amount of debt under the 2028 Senior Secured Notes to finance the delivery of the newbuild "Vali" On August 14, 2024, the Board declared a cash dividend of $0.10 per share for the second quarter of 2024 to be paid on or about September 6, 2024 CEO, Patrick Schorn commented: "The second quarter operational performance has been strong, with a technical utilization rate of 99.2% and an economic utilization rate of 98.4%.
- 08/14/2024
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Borr Drilling Limited - 2024 AGM Results Notification
- HAMILTON, Bermuda , Aug. 14, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") advises that the 2024 Annual General Meeting of the Company was held on August 14, 2024 at 10:00 ADT at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda.
- 08/14/2024
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Borr Drilling Limited - Announces Pricing of Additional Offering of 10.000% Senior Secured Notes due 2028 For Proceeds of $150 million
- HAMILTON, Bermuda , Aug. 9, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE and OSE: BORR) announced today that its wholly-owned subsidiary Borr IHC Limited has priced an offering of additional 10.000% senior secured notes due 2028 (the "Additional Notes") for gross proceeds of approximately $150 million. The Additional Notes will have the same terms and conditions as the existing $1.225 billion aggregate principal amount of senior secured notes due 2028.
- 08/09/2024
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Borr Drilling Limited Announces Certain Preliminary Results for the Quarter Ended June 30, 2024
- HAMILTON, Bermuda , Aug. 9, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE and OSE: "BORR") today announced certain preliminary unaudited results for the quarter ended June 30, 2024. The Company expects for the three months ended June 30, 2024: (i) total operating revenues of approximately $272 million, an increase of $38 million or 16% compared to the first quarter of 2024, (ii) operating income of approximately $104 million, an increase of $19 million or 23% compared to the first quarter of 2024, and (iii) adjusted EBITDA of approximately $136 million, an increase of $19 million or 17% compared to the first quarter of 2024.
- 08/09/2024
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Borr Drilling Limited - Invitation to webcast and conference call Q2 2024 results
- HAMILTON, Bermuda , Aug. 2, 2024 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and (OSE: BORR) plans to release its financial results for the second quarter 2024 after the close of the New York Stock Exchange on Wednesday 14 August, 2024. The earnings report and presentation will be available from the Investor Relations section on www.borrdrilling.com.
- 08/02/2024
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Borr Drilling Limited - Contracting Update
- HAMILTON, Bermuda , July 26, 2024 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) is pleased to announce new contract commitments for three of its premium jack-up rigs, the "Arabia I", the "Gunnlod" and the "Norve". These commitments cover a total of 1,779 days and $332 million in contract revenue, including mobilization and demobilization compensation.
- 07/26/2024
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3 Dividend Stocks to Buy Under $10 for 100% Returns
- It's a myth that low-priced stocks have weak fundamentals or are speculative. While there can be purely speculative ideas among low-priced stocks, there are also some high-quality bets.
- 07/22/2024
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3 Oil & Gas Stocks to Buy Now: Q3 Edition
- Globally, GDP growth deceleration has been a concern this year. However, it's worth noting that crude oil has trended higher by 16% even amidst macroeconomic challenges.
- 07/19/2024
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3 Under-$10 Oil & Gas Stocks to Buy for 100% Returns in 2025
- Even with macroeconomic headwinds, crude oil has increased by 15% year-to-date. The key reason for the rally is the likelihood of potential rate cuts in the coming quarters.
- 07/15/2024
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3 High-Growth Stocks to Buy That are Trading at a P/E of Less Than 20
- A combination of high-growth low PE stocks can be a game-changer for portfolio returns. Looking for stocks that match this criterion becomes more relevant at a time when the index is near all-time highs.
- 07/10/2024
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3 Dividend Payers Poised to Grow 30% Annually Through 2027
- When we talk about dividend stocks, the focus is generally on blue-chip ideas. These are large companies with strong fundamentals and a stable growth outlook.
- 07/04/2024
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7 Undervalued Oil & Gas Stocks to Buy Before Crude Trends Higher
- In the last 12 months, crude oil had a breakout above $85 in two instances. However, on both occasions, black gold has pulled back below $80 per barrel.
- 06/13/2024
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Borr Drilling: Generous Dividend Increase Is A Strong Sign Of Confidence - Hold
- Last month, leading offshore driller Borr Drilling reported Q1/2024 results somewhat below estimates due to a combination of slightly lower-than-expected revenues and higher financial and tax expenses. Adjusted EBITDA margin of 49.9% reached new all-time highs with the company outperforming peers handsomely. The company reiterated expectations for full-year Adjusted EBITDA of $500 million to $550 million.
- 06/09/2024
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Borr Drilling Limited - Notice of Annual General Meeting 2024
- HAMILTON, Bermuda , June 7, 2024 /PRNewswire/ -- The Annual General Meeting of Shareholders of Borr Drilling Limited (the "Company") will be held on August 14, 2024, in Bermuda. A copy of the Notice of Annual General Meeting and Form of Proxy will be distributed to shareholders by normal distribution methods and is attached to this release.
- 06/07/2024
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3 Under-$10 Dividend Stocks to Buy at a Valuation Gap
- Low-price dividend stocks are among my favorite bets. A small investor can afford to build a portfolio of regular cash income from these stocks.
- 06/04/2024
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Borr Drilling Limited - 2024 Annual General Meeting date
- HAMILTON, Bermuda , June 3, 2024 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) advises that the 2024 Annual General Meeting will be held on August 14, 2024. The record date for voting at the Annual General Meeting is set to June 7, 2024.
- 06/03/2024
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Why Borr Drilling Rallied Today
- Borr reported mixed Q1 earnings today. However, management reiterated its full-year guidance and expressed optimism about the year ahead.
- 05/23/2024
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Borr Drilling Limited - Q1 2024 Presentation
- HAMILTON, Bermuda , May 23, 2024 /PRNewswire/ -- Please find enclosed the presentation of Borr Drilling Limited's first quarter 2024 results to be held on the webcast/conference call at 15:00 CEST (9:00 AM New York time) on May 23, 2024. In order to listen to the presentation, you may do one of the following: a) Webcast To access the webcast, please go to the following link: https://edge.media-server.com/mmc/p/hwxxiqsa b) Conference Call Please use this link to register for the conference call, https://register.vevent.com/register/BI07b020d7a0d147d7bb3ad86eb6f78bfc Participants will then receive dial-in details on screen and via email and can then choose to dial in with their unique pin or select "Call me" and provide telephone details for the system to link them automatically.
- 05/23/2024
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Borr Drilling Limited Announces First Quarter 2024 Results
- HAMILTON, Bermuda , May 23, 2024 /PRNewswire/ -- Borr Drilling Limited ("Borr", "Borr Drilling" or the "Company") announces unaudited results for the three months ended March 31, 2024. Highlights Total operating revenues of $234.0 million, an increase of $13.4 million or 6% compared to the fourth quarter of 2023.
- 05/23/2024
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Borr Drilling Limited - Dividend declaration and key information relating to the cash distribution for the first quarter 2024
- HAMILTON, Bermuda , May 23, 2024 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and (OSE: BORR) today announces that the Company's Board of Directors has approved a cash distribution of paid-in capital of US$0.10 per share for the first quarter of 2024. Note to shareholders registered in Euronext VPS, the Norwegian Central Security Depository: Due to implementation of the Central Securities Depository Regulation (CSDR) in Norway, please note the information regarding the payment date for the shares registered in Euronext VPS below.
- 05/23/2024
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The Dividend Investor's Dream: 3 Low-Priced Stocks With Huge Upside Potential
- A lot of quality dividend stocks are unaffordable for small investors. For example, Costco Wholesale (NASDAQ: COST ) trades near $800.
- 05/21/2024
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3 Under-$10 Energy Stocks That Can Double in 2025
- If we look at energy stocks with focus on the oil & gas sector, the last 12 months have been disappointing in terms of returns. Macroeconomic headwinds have ensured that energy prices remain relatively subdued.
- 05/14/2024
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7 Undiscovered Stocks to Buy Before They Go Ballistic
- There is an ocean of listed stocks and its impossible for an investor to have all quality names in the portfolio. Often, there are fundamentally strong stores that are under-the-radar.
- 04/26/2024
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3 Overlooked Growth Stocks Trading at a Bargain This Month
- When growth stocks shine in the limelight, they rarely trade at a valuation gap. Investors continue to buy in an uptrend on the fear of missing out on a potentially bigger rally.
- 04/13/2024
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Borr Drilling Limited - Contracting Update
- HAMILTON, Bermuda , April 9, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) is pleased to announce new contract commitments for three of its premium jack-up rigs, the "Prospector 1", the "Gunnlod", and a rig to be determined. The commitments total 820 days and $158.6 million in contract revenue, inclusive of mobilization and demobilization compensation.
- 04/09/2024
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Borr Drilling Limited - Contracting update
- HAMILTON, Bermuda , April 4, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) has today received a notice of temporary suspension of operations for its rig "Arabia I", operating in Saudi Arabia. The temporary suspension will be for a period of up to 12 months, and is expected to commence in the second quarter.
- 04/04/2024
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3 Undervalued Growth Stocks That Also Offer Attractive Dividends: April 2024
- Investors consider blue-chip stocks for their portfolio with an objective of capital protection and regular dividend income. Growth stocks, on the other hand, provide robust capital gains and can create immense wealth.
- 04/02/2024
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3 High-Risk Stocks Under $20 That Can Triple by 2025
- I believe that equity markets are at a point where small-cap and penny stocks can go ballistic. The assumption of multiple rate cuts in the next 12 to 18 months backs this general view.
- 03/29/2024
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3 Small-Cap Stocks to Buy for 100% Returns Before 2025
- The small-cap space provides some exciting opportunities for robust returns in quick time. Further, some quality small-cap stock rallies are backed by fundamentals and positive business catalysts.
- 03/27/2024
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Borr Drilling: Fundamentals Remain Strong
- Borr Drilling benefits from strong demand for shallow-water drilling and a constrained supply of jackup rigs. The recent sell-off triggered by Saudi Aramco's announcement does not change the fundamentals of the jackup market. BORR's stable business model and increasing dayrates position it for significant earnings growth and potential high dividend yields in the future.
- 03/15/2024
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Borr Drilling Limited - Notification of PDMR transaction
- HAMILTON, Bermuda , March 6, 2024 /PRNewswire/ -- Drew Holdings Ltd., a close associate of Mr.
- 03/06/2024
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Borr Drilling Limited - Announces Pricing of Additional $200 Million Offering of 10.000% Senior Secured Notes due 2028
- HAMILTON, Bermuda , Feb. 27, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE and OSE: BORR) announced today that its wholly-owned subsidiary Borr IHC Limited has priced an offering of an additional $200 million in aggregate principal amount of 10.000% senior secured notes due 2028 (the "Additional Notes"). The Additional Notes will have the same terms and conditions as the $1,025,000,000 aggregate principal amount of senior secured notes due 2028, which were issued on November 7, 2023 (the "Original 2028 Notes").
- 02/27/2024
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Borr Drilling Limited - Q4 2023 Presentation
- HAMILTON, Bermuda , Feb. 22, 2024 /PRNewswire/ -- Please find enclosed the presentation of Borr Drilling Limited's fourth quarter 2023 results to be held on the webcast/conference call at 15:00 CET (9:00 AM New York time) on February 22, 2024. In order to listen to the presentation, you may do one of the following: a) Webcast To access the webcast, please go to the following link: https://edge.media-server.com/mmc/p/3eaywjys b) Conference Call Please use this link to register for the conference call, https://register.vevent.com/register/BIa39b9c1337044c06a101dd1639ceb3ad Participants will then receive dial-in details on screen and via email and can then choose to dial in with their unique pin or select "Call me" and provide telephone details for the system to link them automatically.
- 02/22/2024
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Borr Drilling Limited Announces Fourth Quarter and Twelve Months 2023 Results
- HAMILTON, Bermuda , Feb. 22, 2024 /PRNewswire/ --Borr Drilling Limited ("Borr", "Borr Drilling" or the "Company") announces unaudited results for the three and twelve months ended December 31, 2023. Highlights Fourth Quarter of 2023 Total operating revenues of $220.6 million, an increase of $29.1 million or 15% compared to the third quarter of 2023 Net income of $28.4 million, an increase of $28.1 million compared to the third quarter of 2023 Adjusted EBITDA of $105.9 million, an increase of $17.7 million or 20% compared to the third quarter of 2023 Completed the refinancing of all the Company's secured debt, established a $180 million RCF and completed a private placement of new shares for gross proceeds of $50.0 million Total contract revenue backlog as at December 31, 2023 of $1.75 billion, including Mexico rigs Subsequent events 2024 year to date, the Company has been awarded three new contract commitments, representing 495 days and $82.2 million of potential contract revenue The Board declared a cash dividend of $0.05 per share for the fourth quarter to shareholders of record on March 4, 2024.
- 02/22/2024
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Borr Drilling Limited - Invitation to webcast and conference call Q4 2023 results
- HAMILTON, Bermuda , Feb. 19, 2024 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and (OSE: BORR) plans to release its financial results for the fourth quarter 2023 on Thursday, February 22, 2024. A conference call and webcast is scheduled for 15:00 CET (9:00 AM New York Time) and participants are encouraged to dial in 10 minutes before the start of the call.
- 02/19/2024
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Borr Drilling Limited - Contracting Update
- HAMILTON, Bermuda , Feb. 12, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) is pleased to announce new contract commitments totaling 495 days and $82.2 million in contract revenue for three of its premium jack-up rigs, excluding mobilization and demobilization compensation. Firstly, BW Energy has extended the contract for the "Norve" by approximately two months through July 2024.
- 02/12/2024
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Offshore Sector Update: Weak Sentiment To Start 2024
- Sentiment on oil and offshore has been weak, but I think it could be starting to turn a corner. Current geopolitical events could provide a near term catalyst for oil prices.
- 01/28/2024
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3 Under-the-Radar Oil & Gas Stocks for 100% Returns by 2025
- With tightening of monetary policies, global GDP growth has decelerated. This has resulted in a correction for oil as demand has declined on a relative basis.
- 01/17/2024
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Borr Drilling: Still Undervalued, But The Easy Money Has Already Been Made
- Borr Drilling is a top choice for capitalizing on the current bull market in the shallow-water offshore sector. BORR has the youngest and most modern fleet among its peers, which puts it in the best position to outperform. Day rates still have a significant upside and may rise to $250k per day based on historical analogs, the status of the order book, and current utilization levels.
- 01/05/2024
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Borr Drilling Limited -Dividend declaration and key information relating to the cash distribution for the third quarter 2023
- HAMILTON, Bermuda , Dec. 22, 2023 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and (OSE: BORR) today announces that the Company's Board of Directors has approved a cash distribution of paid-in capital of US$0.05 per share for the third quarter of 2023. Note to shareholders registered in Euronext VPS, the Norwegian Central Security Depository: Due to implementation of the Central Securities Depository Regulation (CSDR) in Norway, please note the information regarding the payment date for the shares registered in Euronext VPS below.
- 12/22/2023
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Borr Drilling: Jackup Market Expected To Remain Strong - Buy
- Last month, leading shallow water driller Borr Drilling reported Q3/2023 results in line with management's most recent projections and reaffirmed guidance for both 2023 and 2024. Despite the somewhat disappointing terms of the recent debt refinancing, the board of directors approved the initiation of a $0.05 quarterly cash dividend and a $100 million share repurchase program. The jackup market outlook remains strong with management projecting potential undersupply of modern rigs going into 2025. As a result, dayrates are likely to recover further.
- 12/16/2023
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7 Stocks You'll Be Thankful You Bought in November 2023
- It's painful to look back at missed opportunities in the stock market. Of course, it's impossible to buy all stocks that are attractive.
- 12/01/2023
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Borr Drilling: The Rating Agencies Are Turning Positive Too
- Borr Drilling completed a successful refinancing, pushing most of its maturities out to 2028-2030. The rating agencies have turned positive on the improving industry fundamentals, suggesting the debt will be less of a concern going forward. The leverage should now start working for the equity investors as modest improvements in EBITDA or the valuation multiples will have a big impact on the share price.
- 11/14/2023
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Borr Drilling - Refinancing Terms Disappoint But Weakness Seems Overdone
- Two weeks ago, leading shallow water offshore driller Borr Drilling successfully refinanced the majority of its debt obligations with an aggregate $1.54 billion in new senior secured notes. However, surging interest rates in combination with a recent earnings warning resulted in the requirement to offer double-digit coupons as well as some issuer discounts. While the transaction will increase annual interest obligations by close to $20 million, the company managed to extend debt maturities to at least 2028.
- 11/07/2023
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Borr Drilling Limited - Invitation to webcast and conference call Q3 2023 results
- HAMILTON, Bermuda , Nov. 7, 2023 /PRNewswire/ -- Borr Drilling Limited (NYSE : BORR) and (OSE: BORR) plans to release its financial results for the third quarter 2023 on Thursday, November 16, 2023. A conference call and webcast is scheduled for 15:00 CET (9:00 AM New York Time) and participants are encouraged to dial in 10 minutes before the start of the call.
- 11/07/2023
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7 Oil & Gas Stocks Ready to Gush This Fall
- The year has been subdued for oil and gas stocks. It's not surprising because oil traded below $70 per barrel in the first half of the year.
- 10/05/2023
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The 7 Most Undervalued Small-Cap Stocks to Buy in September 2023
- I believe that it's a good time to accumulate some undervalued small-cap stocks. The S&P 500 index should have a sustained rally next year.
- 09/15/2023
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The 7 Best Oil Stocks to Buy Now: September 2023
- Some of the best oil stocks have seen significant price action in the last few years. This has been in sync with the volatility in crude oil since the pandemic.
- 09/11/2023
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Borr Drilling Limited to Present at the Barclays CEO Energy-Power Conference
- HAMILTON, Bermuda , Sept. 6, 2023 /PRNewswire/ -- Chief Executive Officer, Patrick Schorn, of Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) will present at the Barclays CEO Energy-Power Conference in New York City today, Wednesday, September 6, 2023, at 1:50 pm EDT.
- 09/06/2023
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Top 3 Energy Stocks That Are Preparing To Pump In September - Borr Drilling (NYSE:BORR), Cosan (NYSE:CSAN)
- The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
- 09/01/2023
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Borr Drilling Limited (BORR) Q2 2023 Earnings Call Transcript
- Borr Drilling Limited (NYSE:BORR ) Q2 2023 Earnings Conference Call August 17, 2023 09:00 AM ET Company Participants Patrick Schorn - CEO Magnus Vaaler - CFO Bruno Morand - VP, Commercial Conference Call Participants Gregory Lewis - BTIG Fredrik Stene - Clarksons Securities Presentation Operator Good day, and thank you for standing by. Welcome to the Borr Drilling Limited Second Quarter 2023 Results Presentation Webcast and Conference Call.
- 08/17/2023
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Borr Drilling Limited - Invitation to webcast and conference call Q2 2023 results
- HAMILTON, Bermuda , Aug. 8, 2023 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) plans to release its financial results for the second quarter 2023 on Thursday, August 17, 2023. A conference call and webcast is scheduled for 15:00 CET (9:00 AM New York Time) and participants are encouraged to dial in 10 minutes before the start of the call.
- 08/08/2023
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3 Small-Cap Stocks to Buy for 3X Returns Potential
- There are clear signs of a reversal rally after a meaningful correction last year for equities. The S&P 500 index has trended higher by over 15% for the first half of the year.
- 07/11/2023
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3 High-Growth Stocks Hiding Right Under Wall Street's Nose
- There were close to 6,000 companies listed on the NYSE and NASDAQ exchange as of Q1 2023. It's difficult to scan through an ocean of stocks and there are several hidden high-growth stocks.
- 07/04/2023
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3 Turnaround Stocks to Buy for Massive Upside Potential
- There can be times where a fundamentally strong business faces financial headwinds. This can be in the form of margin contraction or revenue de-growth.
- 06/27/2023
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3 Small-Cap Stocks to Buy for 3X Returns
- The S&P 500 index has gained momentum with a rally of 14% for the year. However, the rally is largely concentrated to blue-chip stocks.
- 06/22/2023
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7 Stocks to Buy for Huge Gains in a Difficult Market
- At the beginning of 2022, the S&P 500 index was trading close to 4,800. Almost 18 months later, the index trades lower by 8.7% at 4,374.
- 06/15/2023
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Borr Drilling: Accelerated Refinancing Could Provide A Near-Term Catalyst - Buy
- Borr Drilling reported Q1/2023 results in line with expectations and maintained its full-year outlook for revenue and Adjusted EBITDA. The company's entire fleet of 22 modern jackup rigs is now working or preparing for near-term contracts, with dayrates for new contracts 30% higher than the average. On the conference call, management stated expectations for leading dayrates to increase above $175,000 in the second half of the year.
- 06/05/2023
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Borr Drilling Limited (BORR) Q1 2023 Earnings Call Transcript
- Borr Drilling Limited (NYSE:BORR ) Q1 2023 Earnings Conference Call May 23, 2023 10:00 AM ET Company Participants Patrick Schorn - Chief Executive Officer Magnus Vaaler - Chief Financial Officer Bruno Morand - Vice President, Commercial Conference Call Participants Greg Lewis - BTIG Fredrik Stene - Clarksons Securities Charles Olson - Conning Securities Operator Good day and thank you for standing by. Welcome to the Borr Drilling Limited Q1 2023 Results Presentation Webcast and Conference Call.
- 05/23/2023
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Borr Drilling Limited - Invitation to webcast and conference call Q1 2023 results
- HAMILTON, Bermuda , May 19, 2023 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and (OSE: BORR) plans to release its financial results for the first quarter 2023 on Tuesday, May 23rd, 2023. A conference call and webcast is scheduled for 16:00 CET (10:00 AM New York Time) and participants are encouraged to dial in 10 minutes before the start of the call.
- 05/19/2023
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3 Cheap Stocks Under $10 That Could Double Your Money in a Year
- Amidst the volatility, the major indices have been marginally higher in 2023. This was expected, with 2022 being the worst year for equities since the financial crisis of 2008.
- 05/15/2023
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3 Stocks Under $10 That Can Triple
- Low-priced stocks are attractive in the sense that it allows investors to build a diversified portfolio even with a small capital. It's also untrue that low price stocks are purely speculative.
- 04/25/2023
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3 Great Small-Cap Growth Stocks to Bet On Now
- Delving into which are the best small-cap growth stocks to buy can be thrilling for those willing to stomach the risk, with incredible potential for long-term returns. While blue-chip stocks offer stability and dividends, it's in small-cap investing where investors might strike gold and generate multi-bagger returns.
- 04/25/2023
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Borr Drilling: Likely To Benefit From Industry-Wide Tailwinds
- Borr Drilling is an Oslo-listed offshore drilling contractor specializing in the shallow-water jack-up markets. After exiting a Covid-induced period of restructuring, the firm is finding its feet, revising 2023 sales and earnings guidance already.
- 04/11/2023
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7 Growth Stocks That Are Defying the Market Downturn
- Finding the right growth stocks for a down market can be tricky. The last 12 months have been challenging for equity markets.
- 03/31/2023
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The Riskiest Investments In Oilfield Services
- Given economic uncertainty and volatility in energy markets, I believe cautious oilfield services investors will want to avoid the highest risk investments in the sector. 58 oilfield services providers were screened for profitability based on net income margin; 26 were not profitable over the previous twelve months.
- 03/10/2023
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4 Stocks Under $10 to Buy Before They Double
- The market continues to present attractive investment opportunities in the growth stocks realm. Recently, I have been screening stocks under $10 to buy.
- 03/08/2023
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3 Overlooked Growth Stocks That Could Outperform the Market
- When it comes to growth stocks, the gold investment opportunity is still not lost. Buying quality and overlooked growth stocks at attractive valuations will likely deliver returns that comfortably outperform the markets.
- 02/18/2023
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3 Little-Known Stocks to Buy Now or You'll Be Kicking Yourself Later
- When markets witness extreme reactions, individual stocks can be overvalued or undervalued. However, in most cases, well-known stocks already have discounted news in the price.
- 01/30/2023
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3 Penny Stocks to Buy Now OR You'll Be Kicking Yourself Later
- I must admit at the onset that I am not a big fan of investing in penny stocks. To a large extent, penny stocks are speculative and therefore risky.
- 01/26/2023
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Borr Drilling: Impressive Results And Outlook - Buy
- Company releases very strong preliminary fourth quarter and full year 2022 guidance and provides 2023 guidance well above expectations. Not surprisingly, management is trying to capitalize on the momentum by addressing the company's last remaining near-term debt maturity.
- 01/24/2023
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2 Rising Stocks on the Last Day of 2022
- Markets looked poised to drop in a fitting end to the year.
- 12/30/2022
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3 Small-Cap Stocks to Buy and Hold for the Long Haul
- Small-cap stocks to buy and hold don't have the same appeal as their blue-sip counterparts. Blue-chip stocks provide stability to the portfolio with low-beta stocks that also offer cash dividends.
- 12/18/2022
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7 Stocks Under $10 That Can Double in One Year
- As the market continues to struggle, it isn't unreasonable to find stocks under $10 to double your money in a year. With the Federal Reserve signalling a shift to slower rate hikes, the U.S. markets have a reason to cheer.
- 12/02/2022
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7 Hot Penny Stocks That Could See Outsized Gains
- The Federal Reserve is unlikely to pivot on interest rates anytime soon; hence stocks, particularly the smaller, speculative ones, could be in more volatility. However, that doesn't mean you should shy away from investing in hot penny stocks.
- 11/28/2022
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Borr Drilling Limited (BORR) Q3 2022 Earnings Call Transcript
- Borr Drilling Limited (NYSE:BORR ) Q3 2022 Earnings Conference Call November 17, 2022 9:00 AM ET Company Participants Patrick Schorn - Chief Executive Officer Magnus Vaaler - Chief Financial Officer Conference Call Participants Fredrik Stene - Clarksons Platou Securities Gregory Lewis - BTIG Patrick Schorn Good morning, and thank you for participating in the Borr Drilling Third Quarter 2022 Earnings Call. I'm Patrick Schorn talking to you from Bermuda, and with me here today is Magnus Vaaler, our CFO.
- 11/17/2022
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7 Most Undervalued Penny Stocks to Buy Now
- It's an ideal time to pounce on undervalued penny stocks for gains over the long haul. The Federal Reserve's battle against inflation has lifted interest rates to multi-year highs.
- 10/25/2022
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3 Penny Stock Predictions for 2023
- Penny stocks are companies that generally trade under $5 per share or have very low trading volume. They are also companies many investors ignore.
- 10/21/2022
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Borr Drilling: Strong Progress Expected In 2023 And 2024
- Junior offshore driller recently managed to address most of its long-standing debt and liquidity issues at the price of substantial dilution for common equity holders. Outlining prospects for solid free cash flow generation going forward.
- 10/13/2022
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3 Penny Stocks to Buy if You Are Feeling Greedy
- Economic uncertainty is reflected in the markets, with volatility remaining high. The bear-bull spread indicator clearly reflects the nervousness in the markets.
- 10/13/2022
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Oil Field Services: Value Matrix, Momentum, And Market Cap Analysis
- Even though energy has been the best performing sector of the year by a large margin, deep values remain in under-covered and small cap oilfield services. Fifty-three oilfield service equities were evaluated using a value matrix including factors for value, growth, profitability, ownership, and debt.
- 09/19/2022
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3 Penny Stocks to Buy During a Stock Market Crash
- With investors' focused on several macroeconomic indicators, the stock market continues to remain jittery. There is no doubt, however, that there are several stocks and sectors that will be profitable for long-term investors.
- 09/19/2022
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7 Most Undervalued Penny Stocks to Buy Now
- Now is the best time to scoop up undervalued penny stocks. The market's correction in the first half of 2022 was expected with factors like contractionary monetary policies and an economic slowdown.
- 09/13/2022
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3 Speculative Penny Stocks That Are Worth a Look
- Speculative penny stocks outperformed during the big market rally that started in April 2020. The surge of such stocks was driven by social media which created a bubble.
- 09/01/2022
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7 Penny Stocks Trading at a Massive Discount Right Now
- The iShares Micro Cap ETF (NYSEARCA: IWC ) has declined by 19% year-to-date. However, several penny stocks have witnessed a correction of more than 50% in the last two quarters.
- 07/30/2022
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Borr Drilling: What To Make Of The Refinancing Mess
- The market for jack-up rigs is strengthening, and the highly-levered Borr Drilling was benefiting from the trend. Borr Drilling faced a major refinancing milestone by June 30, which was communicated almost as a "done deal" to investors.
- 07/15/2022
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7 Best Bargain Stocks to Buy in July 2022
- Although equities just finished one of the worst first-half performances ever, it also opened doors to the best bargain stocks to buy. The post 7 Best Bargain Stocks to Buy in July 2022 appeared first on InvestorPlace.
- 07/06/2022
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Why Devon Energy, Tellurian, and Borr Drilling Shares Rocketed Higher Today
- The energy sector found its footing after a big two-week sell-off, as some U.S. economic data came in stronger than expected.
- 06/27/2022
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Why Ecopetrol, Borr Drilling, and Gran Tierra Surged Higher Today
- Oil prices are nearing $120 per barrel as Shanghai prepares to reopen and the EU agrees to ban most imports of Russian oil.
- 05/31/2022
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Borr Drilling Limited (BORR) CEO Patrick Schorn on Q1 2022 Results - Earnings Call Transcript
- Borr Drilling Limited (NYSE:BORR ) Q1 2022 Results Conference Call May 31, 2022 9:00 AM ET Company Participants Patrick Schorn - CEO Magnus Vaaler - CFO Conference Call Participants Fredrik Stene - Clarksons Securities Patrick Schorn Good morning, and thank you for participating in the Borr Drilling First Quarter 2022 Earnings Call. My name is Patrick Schorn, and I'm talking to you from Oslo, Norway.
- 05/31/2022
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3 Drilling Stocks to Buy as Oil Trades Above $100
- With oil trading above $100 per barrel, drilling stocks are attractive as utilization improves and day-rates trend higher. The post 3 Drilling Stocks to Buy as Oil Trades Above $100 appeared first on InvestorPlace.
- 04/05/2022
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Best Penny Stocks To Buy Now? 5 Energy Stocks To Watch In March
- Energy & Oil Penny Stocks To Watch Right Now. The post Best Penny Stocks To Buy Now?
- 03/07/2022
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Looking For The Next Oil Stock To Run? 10 Companies To Add To Your Watchlist
- The most recent oil price rally has started to attract momentum traders with a large number of oil-related stocks showing outsized gains on massive volume. Introducing ten companies that have already been subject to violent moves in the past.
- 03/07/2022
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Best Penny Stocks to Buy Right Now? 4 to Watch As Stocks Turn Bullish
- These penny stocks are climbing today, here's why The post Best Penny Stocks to Buy Right Now? 4 to Watch As Stocks Turn Bullish appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 03/02/2022
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Borr Drilling Limited's (BORR) CEO Patrick Schorn on Q4 2021 Results - Earnings Call Transcript
- Borr Drilling Limited's (BORR) CEO Patrick Schorn on Q4 2021 Results - Earnings Call Transcript
- 02/16/2022
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Borr Drilling Limited - Invitation to webcast and conference call Q4 2021 results
- OSLO, Norway, Feb. 10, 2022 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and OSE: BORR) plans to release its financial results for the fourth quarter 2021 on Wednesday, 16 February, 2022. A conference call and webcast is scheduled for 14:00 CET (9:00 AM New York Time).
- 02/10/2022
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7 Penny Stocks That Can Double in 2022
- Penny stocks that are likely to double in 2022. Companies with reasonable fundamentals with the stock poised for a meaningful rally.
- 02/04/2022
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Borr's Outlook Gets More Constructive After Debt Deal
- Borr announces a deal to defer $1.4 billion of debt maturities and yard installments. Such a deal was long-awaited by investors, and the stock rallied in response to the news.
- 12/27/2021
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VAALCO Energy: Cheaply Priced Before Drilling Campaign
- VAALCO Energy: Cheaply Priced Before Drilling Campaign
- 12/14/2021
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7 Solid Stocks to Buy for Multifold Returns in 2022
- Here are 7 non-speculative stocks that can deliver multifold returns in 2022 on the back of strong growth and positive industry tailwinds. The post 7 Solid Stocks to Buy for Multifold Returns in 2022 appeared first on InvestorPlace.
- 11/19/2021
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Top Penny Stocks to Add to Your Watchlist This Week
- Which penny stocks are on your watchlist for this coming week? The post Top Penny Stocks to Add to Your Watchlist This Week appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 10/17/2021
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These Penny Stocks Jumped Today, Here's What You Need to Know
- These penny stocks managed to climb during trading today, are they on your watchlist? The post These Penny Stocks Jumped Today, Here's What You Need to Know appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 10/12/2021
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7 Hot Penny Stocks to Buy in Q4 for 10-Bagger Potential
- These penny stocks have huge potential and solid business fundamentals. As not-so speculative names, they could surge higher sooner or later.
- 10/08/2021
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Penny Stocks Under $1 To Watch For October 2021
- Are these penny stocks on your watch list in October? The post Penny Stocks Under $1 To Watch For October 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 10/04/2021
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Energy Penny Stocks Are Exploding, Here's 3 You Need to Know
- With energy penny stocks in focus, which companies are you watching right now? The post Energy Penny Stocks Are Exploding, Here's 3 You Need to Know appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 09/27/2021
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Hot Penny Stocks To Watch Under $1 In October 2021
- Are these the best penny stocks to watch under $1 heading into October? The post Hot Penny Stocks To Watch Under $1 In October 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 09/27/2021
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The 7 Hottest Penny Stocks You Can Buy Today For A Rebound Tomorrow
- These penny stocks have been beaten down over the past six months, but look poised for a strong reversal in the coming quarters. The post The 7 Hottest Penny Stocks You Can Buy Today For A Rebound Tomorrow appeared first on InvestorPlace.
- 09/24/2021
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Best Penny Stocks to Buy Now? 3 Trending Small-Caps to Know About
- Are these trending penny stocks on your watchlist right now? The post Best Penny Stocks to Buy Now?
- 09/06/2021
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BORR Stock: Over 7% Increase Explanation
- The stock price of Borr Drilling Ltd (NYSE: BORR) increased by over 7% during intraday trading. This is why it happened.
- 09/02/2021
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Borr Drilling Limited (BORR) CEO Patrick Schorn on Q2 2021 Results - Earnings Call Transcript
- Borr Drilling Limited (BORR) CEO Patrick Schorn on Q2 2021 Results - Earnings Call Transcript
- 08/31/2021
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BORR Stock: Over 15% Increase Pre-Market Explanation
- The stock price of Borr Drilling Ltd (NYSE: BORR) increased by over 15% pre-market. This is why it happened.
- 08/31/2021
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Borr Drilling Limited - Grant of share options
- HAMILTON, Bermuda, Aug. 12, 2021 /PRNewswire/ -- The board of directors of Borr Drilling Limited (the "Company") (OSE: BORR) (NYSE: BORR) has resolved to grant 10,300,000 share options under the Company's approved share option scheme to 23 of its employees, including two persons discharging managerial responsibilities ("PDMRs") as defined by the Market Abuse Regulation. Each share option gives the right to subscribe for one share in the Company.
- 08/12/2021
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7 Oil Stocks to Buy Now That the OPEC+ Deal Is Done
- Here are some fundamentally strong oil stocks to buy as global economic growth accelerates and oil demand picks up. The post 7 Oil Stocks to Buy Now That the OPEC+ Deal Is Done appeared first on InvestorPlace.
- 07/30/2021
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Borr Drilling Limited - Announcement of Letter of Award for jack-up drilling rig
- HAMILTON, Bermuda, July 22, 2021 /PRNewswire/ -- Borr Drilling Limited ("Borr Drilling") (NYSE: BORR) (OSE: BORR) is pleased to announce that it has received a Letter of Award from an international oil company for additional work in Mexico. The program is expected to commence in the second quarter of 2022 for a duration of approximately 150 days, adding revenues of USD 15.7 million.
- 07/22/2021
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Borr Drilling Limited - Notification of PDMR trade
- HAMILTON, Bermuda, July 13, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company") has today received trade notification from the following person discharging managerial responsibilities ("PDMRs"): Kate Blankenship, Director of Borr Drilling, purchased 40,000 shares on NYSE at a price of USD 0.8325 per share. Following the purchase, Mrs.
- 07/13/2021
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Borr Drilling: Dilution Remains A Problem
- Borr Drilling has recently announced that it may sell up to $40 million of common stock. While the company does not expect to sell stock in the near future, investors remain worried about potential dilution at current low stock price levels.
- 07/12/2021
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Borr Drilling Limited - Investor Presentation and webcast/conference call
- OSLO, Norway, July 7, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) and (OSE: BORR) has today released an investor presentation enclosed to this release and on the Company's website www.borrdrilling.com The management of the Company will host a conference call and webcast in connection with the release of the presentation at 15:00 CET (9:00 AM New York Time) on Wednesday 7 July 2021. In order to listen to the presentation, you may do one of the following: a.
- 07/07/2021
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Borr Drilling Limited - Announces At-The-Market Offering of up to $40 Million
- HAMILTON, Bermuda, July 6, 2021 /PRNewswire/ --Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) announces today that it has established an "at-the-market program" and entered into an Equity Distribution Agreement with Clarksons Platou Securities, Inc., as our sales agent, dated July 6, 2021 under which we may offer and sell from time to time up to $40 million of our common shares to be listed on the New York Stock Exchange. In accordance with the terms of the Equity Distribution Agreement, the Company may offer and sell its common shares at any time and from time to time through Clarksons Platou Securities, Inc. as its sales agent.
- 07/06/2021
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Hot Penny Stocks to Buy to Avoid Inflation? 7 For Your July Watchlist
- Which penny stocks are investors watching with inflation on the rise? Here's 7 for your list The post Hot Penny Stocks to Buy to Avoid Inflation?
- 06/30/2021
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Borr Drilling Limited - Notice from NYSE regarding Continued Listing Standard
- OSLO, Norway, June 30, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company" or "Borr") (NYSE: BORR), (OSE: BDRILL) announces that the Company has received written notice from the New York Stock Exchange (the "NYSE") that the Company is not in compliance with the NYSE continued listing standard with respect to the minimum average share price required by the NYSE because the average closing price of its common shares had fallen below $1.00 per share over a period of 30 consecutive trading days. Under the NYSE rules, the Company can regain compliance with this standard and cure this deficiency if, during the six-month period following receipt of the NYSE notice, on the last trading day of any calendar month or on the last trading day of this six-month cure period, the Company's common shares have a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the 30-trading day period ending on the last trading day of that month or the last trading day of the cure period, which for the Company means December 4, 2021.
- 06/29/2021
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9 Top Penny Stocks to Watch That Shot Up Big Today
- Looking for the biggest gaining penny stocks today; look no further than these 9 small-caps The post 9 Top Penny Stocks to Watch That Shot Up Big Today appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 06/29/2021
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7 Penny Stocks Under a Penny That Are Worth a Look
- These penny stocks under $1 have the potential to trend higher. They are the stocks of businesses with decent fundamentals.
- 06/17/2021
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Borr Drilling Limited - Entering MoU to streamline Mexico operations and improve liquidity
- OSLO, Norway, June 15, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company", "Borr Drilling") (NYSE: BORR) and (OSE: BORR) has five rigs working for joint ventures which are jointly owned with our Mexican partner providing integrated well services for Pemex. The services commenced in May 2019 and have provided Pemex with an incremental production of approximately 125,000 barrels of oil per day from 21 wells drilled so far.
- 06/15/2021
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7 Oil and Gas Stocks to Buy for More Upside in 2021
- Oil and gas stocks that are best positioned to trend higher with oil likely to reach $80 per barrel. Fundamentally strong energy stocks.
- 06/04/2021
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Borr Drilling Limited Announces Trading Update Including Key Financial Information For First Quarter 2021
- HAMILTON, Bermuda, May 31, 2021 /PRNewswire/ -- Borr Drilling Limited ("Borr", "Borr Drilling" or the "Company") announces preliminary unaudited results for the three months ended March 31, 2021. Highlights Total operating revenues of $48.4 million, net loss of $58.1 million and Adjusted EBITDA of $(10.6) million for the first quarter of 2021.
- 05/31/2021
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Are These Penny Stocks The Biggest Morning Movers?
- These penny stocks moved in early morning trading; will you add them to your watchlist? The post Are These Penny Stocks The Biggest Morning Movers?
- 05/12/2021
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Borr Drilling Limited - 2021 Annual General Meeting
- HAMILTON, Bermuda, May 6, 2021 /PRNewswire/ -- Borr Drilling Limited (NYSE and OSE:BORR) advises that the 2021 Annual General Meeting will be held on June 24, 2021. The record date for voting at the Annual General Meeting is set to May 10, 2021.
- 05/06/2021
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The 7 Hottest Small-Cap Stocks To Buy for April
- Small-cap stocks that look positioned for a strong rally backed by positive business developments and strong top-line growth. The post The 7 Hottest Small-Cap Stocks To Buy for April appeared first on InvestorPlace.
- 04/07/2021
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SEAC Stock: 17 Things to Know About Trending Penny Stock SeaChange Today
- SeaChange International (SEAC) stock is taking a beating on Tuesday after making an announcement late last night that upset investors. The post SEAC Stock: 17 Things to Know About Trending Penny Stock SeaChange Today appeared first on InvestorPlace.
- 03/30/2021
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Borr Drilling Limited - Securing additional activity
- OSLO, Norway, March 24, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) is pleased to announce that it has entered into agreements potentially adding a total of USD 48 million over approximately 590 days to the backlog. For the rig "Natt" we have received a letter of intent with an undisclosed new operator in Nigeria to commence operations in April 2021 for an estimated duration of 150 days, in direct continuation of its previous contract.
- 03/24/2021
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BORR Stock Price Increased 14.04%: Why It Happened
- The stock price of Borr Drilling Limited (NYSE: BORR) increased by 14.04%. This is why it happened.
- 03/04/2021
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Borr Drilling Limited - Invitation to webcast and conference call Q4 2020 results
- OSLO, Norway, Feb. 25, 2021 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) will release its financial results for the fourth quarter 2020 on Friday, February 26, 2021. A conference call and webcast will be held at 15:00 CET (9:00 AM New York Time). The earnings report and...
- 02/25/2021
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7 Penny Stocks In a Make-or-Break Year
- These penny stocks are companies that have a crucial year ahead in terms of industry turnaround or company specific product development. The post 7 Penny Stocks In a Make-or-Break Year appeared first on InvestorPlace.
- 02/24/2021
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Borr Drilling Limited - Pricing and Increased Size of Equity Offering
- HAMILTON, Bermuda, Jan. 22, 2021 /PRNewswire/ -- NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS...
- 01/22/2021
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Borr Drilling Limited - Mandatory notification of trades
- HAMILTON, Bermuda, Jan. 22, 2021 /PRNewswire/ -- Reference is made to Borr Drilling Limited's ("the Company") (NYSE, OSE: "BORR") stock exchange announcements of January 22, 2021, relating to the pricing of the equity offering through the subscription and allocation of a total of...
- 01/22/2021
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Borr Drilling Limited - Presentation
- HAMILTON, Bermuda, Jan. 21, 2021 /PRNewswire/ -- With reference to the press release 19 January, Borr Drilling Limited ("Borr Drilling" or the "Company") (NYSE: BORR) (OSE: BORR) has now received approvals from each of the creditors in connection with the proposed liquidity improvement...
- 01/21/2021
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Borr Drilling Limited - Contemplated Equity Offering of USD 40 million
- HAMILTON, Bermuda, Jan. 21, 2021 /PRNewswire/ -- Borr Drilling Limited ("Borr Drilling" or the "Company") (NYSE: BORR) (OSE: BORR) announces that in connection with Company's previously announced liquidity improvement plan, the Company intends to offer up to USD 40 million in new...
- 01/21/2021
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Why Borr Drilling Stock Is Plunging Today
- The offshore drilling contractor is trying to stay afloat.
- 01/13/2021
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Borr Drilling Limited - Update
- HAMILTON, Bermuda, Jan. 13, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) and (OSE: BORR) refers to an article initially published in the Norwegian newspaper "Dagens Næringsliv" today, which refers to a potential alternative plan discussed by two creditors. The...
- 01/13/2021
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Borr Drilling Limited - Fleet status report
- OSLO, Norway, Jan. 11, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE and OSE: "BORR") is pleased to announce in its fleet status report today that it has entered into a new contract, an extension and received an LOA, adding USD 35.1 million over approximately 480 days...
- 01/11/2021
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Borr Drilling Limited - SGM Results Notification
- HAMILTON, Bermuda, Jan. 11, 2021 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BDRILL) advises that a Special General Meeting of the Company was held on January 8, 2021 at 09:30 ADT at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11,...
- 01/11/2021
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Borr Drilling Limited - Appointment of Magnus Vaaler as CFO
- HAMILTON, Bermuda, Dec. 28, 2020 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) and (OSE: BORR) is pleased to announce the appointment of Mr. Magnus Vaaler as its new Chief Financial Officer, replacing Mr. Christoph Bausch with effect from 28 December 2020. Patrick...
- 12/28/2020
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Borr Drilling - Progressing to extend Runway
- OSLO, Norway, Dec. 24, 2020 /PRNewswire/ -- As stated in its Q3 report, Borr Drilling has been working actively with its creditors to strengthen the liquidity profile of the Company. With considerable support of all secured creditors a liquidity improvement plan amounting to $925 million...
- 12/24/2020
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Borr Drilling: Q3 Earnings Insights
- Shares of Borr Drilling (NYSE:BORR) fell 10.3% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share were up 45.83% over the past year to ($0.39), which missed the estimate of ($0.32).
- 11/30/2020
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Borr Drilling Limited Announces Preliminary Results for the Third Quarter of 2020
- HAMILTON, Bermuda, Nov. 30, 2020 /PRNewswire/ -- Borr Drilling Limited ("Borr", "Borr Drilling" or the "Company") announces unaudited results for the three and nine months ended September 30, 2020. Highlights in the Third Quarter of 2020 Total operating revenues of $59.2 million, net loss...
- 11/30/2020
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Borr Drilling Limited - Increase in share capital
- HAMILTON, Bermuda, Nov. 30, 2020 /PRNewswire/ -- Reference is made to Borr Drilling Limited's ("Borr Drilling" or the "Company") (NYSE: "BORR", OSE: "BDRILL") stock exchange releases related to the subsequent offering of 10,000,000 new shares on the Oslo Stock Exchange (the "Offer Shares"...
- 11/30/2020
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Borr Drilling Limited - Launch of Subsequent Offering
- HAMILTON, Bermuda, Nov. 14, 2020 /PRNewswire/ -- Reference is made to Borr Drilling Limited ("Borr" or the "Company") (NYSE: BORR) (OSE: BDRILL) stock exchange notices in September 2020 relating to a contemplated subsequent offering in Borr. The board of directors of Borr (the "Board")...
- 11/14/2020
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Noble Corp.: Fleet Status Report Shows Signs Of Life But Industry Remains In Deep Distress
- Noble Corp. managed to find work for its most expensive jack-up rig, but the dayrate was cut in half compared to pre-pandemic levels, and the job starts in mid-2021.
- 09/10/2020
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Borr Drilling: A Look At Q2 2020 Results
- Borr reports a second-quarter net loss of $109.6 million, driven by an impairment of $57.9 million. The company's cash position takes a hit as it takes delivery of forward contracts related to its unfortunate speculation in Valaris shares.
- 08/28/2020
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Transocean - Valaris Bankruptcy And Cautious Analyst Comments Cause Major Sell-Off - Avoid The Shares
- Competitor Valaris files for bankruptcy and provides a bleak industry view with floater dayrates expected to remain under pressure for years to come.
- 08/24/2020
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Borr Drilling Limited - 2020 AGM Results Notification
- Borr Drilling Limited (the "Company") advises that the 2020 Annual General Meeting of the Company was held on August 10, 2020 at 09:30 ADT at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2019 were presented to the Meeting.The following resolutions were passed:
- 08/10/2020
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Borr Drilling Limited Announces Appointment of Patrick Schorn as CEO
- Borr Drilling Limited (the "Company") (NYSE: "BORR", OSE: "BDRILL") is pleased to announce the appointment of Patrick Schorn as its new Chief Executive Officer with effect from 8 September 2020. Mr. Schorn will succeed Svend Anton Maier who will remain with the Company as Special Advisor to the Chief Executive Officer. Mr Schorn has been a Director of the Company since January 2018.
- 08/10/2020
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Borr Drilling Limited - Fleet Status Report
- Borr Drilling Limited (the "Company") (NYSE: BORR), (OSE: BDRILL) is pleased to announce in its fleet status report today that it has entered into a new contract and LOIs for three of its currently warm stacked rigs, adding USD 21 million to the total backlog, with good prospects for additional backlog on these units. The recent awards will bring the total number of committed and contracted rigs up to 14. The tender activity in the jack-up market troughed in March / April this year caused by the negative development in the oil price. There are now clear signs of increased activity levels, supported by an oil price of around USD 40/bbl.
- 08/03/2020
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Horos Asset Management 2Q 2020 Letter To Our Co-Investors
- Horos is an asset management firm that knows the benefits of value investing over the long term. Our portfolios have not been immune to this recovery, with Horos Value Internacional posting a 16.0% return in the quarter in line with the 16.5% rise of its benchmark index, and Horos Value Iberia returning 14.1%, above the 8.5% of its benchmark index.
- 07/28/2020
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Borr Drilling Limited - Notice of Annual General Meeting 2020
- The Annual General Meeting of Shareholders of Borr Drilling Limited (the "Company") will be held on August 10, 2020 in Bermuda.
- 07/21/2020
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Third Avenue Value Fund Buys 3 Stocks, Sells 1 in 2nd Quarter
- Fund invests in an insurance company, a REIT and a courier service Continue reading...
- 07/01/2020
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What to Do with Borr Drilling (BORR) Stock Right Now?
- Horos Asset Management recently released its Q1 2020 Investor Letter, a copy of which you can download here. Horos Value Iberia fell by -35.1% compared to -27.6% of its benchmark index. On the other hand, Horos Value Internacional was down by -30.2% compared to -19.6% of its benchmark index. You should check out Horos Asset […]
- 06/25/2020
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Borr Pulled A Rabbit Out Of Its Hat But Future Is Still Unclear
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Borr Drilling Limited Files its 2019 Annual Report on Form 20-F and Releases its 2019 Sustainability and Corporate Governance Reports
- Borr Drilling Limited (the "Company") (NYSE: BORR, OSE: BDRILL) has on June 15, 2020 filed its Annual Report on Form 20-F for the Year Ended December 31, 2019 (the "2019 Annual Report"). Simultaneously, the Company has also released its 2019 Sustainability Report and Corporate Governance report. The reports are enclosed to this release.
- 06/16/2020
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Borr Drilling Limited - Completing Financial Restructuring and Conditions for Equity Offering
- Reference is made to Borr Drilling Limited's ("Borr Drilling" or the "Company") (NYSE: BORR) (OSE: BDRILL) stock exchange notices dated May 20 and May 21, 2020.
- 06/05/2020
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Newsflash: Borr Drilling Limited (OB:BDRILL) Analysts Have Been Trimming Their Revenue Forecasts
- The latest analyst coverage could presage a bad day for Borr Drilling Limited (OB:BDRILL), with the analysts making...
- 05/29/2020
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Is Borr Drilling Limited (BORR) A Good Stock To Buy?
- At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each […]
- 05/27/2020
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4 More Oil Stocks That Could Go Bankrupt in 2020
- Oil prices imploded earlier this year, which has decimated many oil stocks. Things have gotten so bad that several have already declared bankruptcy. Four that seem to be likely bankruptcy candidates this year are Borr Drilling (NYSE: BORR), California Resources (NYSE: CRC), Denbury Resources (NYSE: DNR), and Oasis Petroleum (NYSE: OAS).
- 05/25/2020
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Trade Alert: The Founder & Deputy Chairman Of Borr Drilling Limited (OB:BDRILL), Tor Trøim, Has Just Spent US$5.0m Buying 385% More Shares
- Investors who take an interest in Borr Drilling Limited (OB:BDRILL) should definitely note that the Founder & Deputy...
- 05/24/2020
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Borr Drilling Limited Announces Trading Update, Including Key First Quarter 2020 Financial Information
- Hamilton, Bermuda, May 20, 2020: Borr Drilling Limited ("Borr", "Borr Drilling", "we" or the "Company") (NYSE: BORR, OSE: BDRILL) announces a trading update, including a limited financial analysis of the three months ended March 31, 2020.
- 05/20/2020
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Borr Drilling Limited - Notice of Trading Update With Selected Financial Results for Q1 2020
- Borr Drilling Limited (NYSE: BORR) (OSE: BDRILL) plans to release a trading update including selected financial results for the first quarter 2020 on Wednesday, May 20, 2020. The time of the release is expected to be before New York Stock Exchange opens at 3.30 CET/ 9.30 ET in order to accommodate the Company's US shareholders.
- 05/20/2020
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Borr Drilling Limited Receives Notice From NYSE Regarding Continued Listing Standard
- Borr Drilling Limited (the "Company" or "Borr") (NYSE: BORR) (OSE: BDRILL), today announced that the Company has received written notice from the New York Stock Exchange (the "NYSE") that the Company is not in compliance with the NYSE continued listing standard with respect to the minimum average share price required by the NYSE because the average closing price of its common shares had fallen below $1.00 per share over a period of 30 consecutive trading days.
- 05/12/2020
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Borr Drilling Limited (OB:BDRILL) Is Expected To Breakeven
- Borr Drilling Limited's (OB:BDRILL): Borr Drilling Limited operates as an offshore drilling contractor to the oil and...
- 05/06/2020
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ATTENTION BORR DRILLING EMPLOYEES/INVESTORS: KlaymanToskes Commences Investigation into Damages Sustained During Coronavirus Pandemic in Borr Drilling Stock with Full-Service Brokerage Firms
- KlaymanToskes ("KT"), www.klaymantoskes.com, announced today that it is investigating the damages sustained during the Coronavirus ("COVID-19") pandemic by employees and investors who held large positions in Borr Drilling (NYSE:BORR) stock at full-service brokerage firms. Investment portfolios holding large positions can carry significant downside risks. The investigation focuses on full-service brokerage firms’ negligence and mismanagement of large positions that resulted in employees and investors suffering substantial losses.
- 05/05/2020
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30 Stocks on a Deathwatch
- While some organizations will rise to the occasion, these “deathwatch” stocks face a particularly treacherous road ahead.
- 04/28/2020
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Diamond Offshore Drilling - Prepare For Bankruptcy After Company Skips Interest Payment And Retains Advisors
- Company fails to make bond interest payment and retains restructuring advisors. Recent double whammy of new oil price war and COVID-19-related demand destructio
- 04/17/2020
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Diamond Offshore Will Restructure Its Debt - Others Will Follow
- Diamond Offshore filed an 8-K in which it stated that it did not pay interest on bonds due 2039. It looks like the company decided that the downturn was so seve
- 04/16/2020
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12 Energy Stocks Moving In Wednesday's Pre-Market Session
- Gainers
• Sundance Energy, Inc. (NASDAQ:SNDE) shares moved upwards by 9.14% to $3.70.
• Rosehill Resources, Inc. (NASDAQ:ROSE) stock moved upwards by 6.69% to $0.34....
- 04/15/2020
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Borr Drilling - Contract Terminations Start To Hit But Impact Mitigated By New Awards
- Discussing Monday's update on contracts and operations. Early contract terminations start to trickle in but impact largely offset by two new letters of awards i
- 04/14/2020
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Borr Drilling Limited - Update on Contracts and Operations
- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BDRILL) is pleased to announce that it has been awarded LOAs for work in the Asia Pacific region for two of its premium jack ups, of which one is a newbuild being activated. The contracts' estimated duration, excluding options, will be for 365 days and 200 days respectively. The rigs are expected to commence contracts in the third quarter of 2020.
- 04/13/2020
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Third Avenue Value Fund 1st-Quarter Portfolio Manager Commentary
- Third Avenue Value Fund 1st-Quarter Portfolio Manager Commentary, Stocks: BORR,XTER:BMW,TSX:IFP,DB,HA,ORI,FDX,VNO, Third Avenue Value Fund, Third Avenue Management, release date:Apr 09, 2020
- 04/09/2020
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Oil names off to sizzling start on OPEC deal hopes
- Energy stocks (XLE +3%) are off to another strong start as OPEC+ opens its virtual meeting, apparently moving closer to a deal to curb production in an attempt to tackle the unparalleled impact of the
- 04/09/2020
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80 Biggest Movers From Yesterday
- Gainers
Borr Drilling, Inc. (NYSE: BORR) shares climbed 102.5% to close at $1.60 on Tuesday after surging over 37% on Monday.
Sasol Limited (NYSE: SSL) shares gained 59.1% to...
- 04/08/2020
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Mid-Afternoon Market Update: Dow Surges 400 Points; Crude Oil Down 7%
- Toward the end of trading Tuesday, the Dow traded up 1.77% to 23,080 while the NASDAQ rose 0.88% to 7,982.76. The S&P also rose, gaining 1.57% to 2,705.53.
The U.S. is now the...
- 04/07/2020
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56 Stocks Moving In Tuesday's Mid-Day Session
- Gainers
Borr Drilling, Inc. (NYSE: BORR) shares jumped 70.9% to $1.3499 after surging over 37% on Monday.
Sasol Limited (NYSE: SSL) shares surged 63.4% to $4.15 amid hopes of...
- 04/07/2020
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Mid-Day Market Update: SeaChange International Falls After Q2 Results; Akers Biosciences Shares Gain
- Midway through trading Tuesday, the Dow traded up 2.09% to 23153.23 while the NASDAQ rose 0.74% to 7971.76. The S&P also rose, gaining 1.59% to 2705.96.
The U.S. is now the...
- 04/07/2020
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12 Energy Stocks Moving In Tuesday's Pre-Market Session
- Gainers
• Sasol, Inc. (NYSE:SSL) stock rose 47.35% to $3.75 during Tuesday's pre-market session.
• Forum Energy Technologies, Inc. (NYSE:FET) shares increased by 32....
- 04/07/2020
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66 Stocks Moving In Monday's Mid-Day Session
- Gainers
Immunomedics, Inc. (NASDAQ: IMMU) shares climbed 103.7% to $19.15 after the company said it would stop its Ascent Study due to compelling evidence of efficacy.
TPG RE...
- 04/06/2020
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13 Energy Stocks Moving In Monday's Pre-Market Session
- Gainers
Borr Drilling, Inc. (NYSE: BORR) stock surged 44.4% to $0.84 during Monday's pre-market session. According to the most recent rating by BTIG, on April 01,...
- 04/06/2020
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30 Stocks on a Deathwatch
- While some organizations will rise to the occasion, these “deathwatch” stocks face a particularly treacherous road ahead.
- 03/31/2020
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Transocean, Borr Drilling cut to Neutral at BTIG RIG;BORR
- Transocean, Borr Drilling cut to Neutral at BTIG BTIG RIG BORR
- 03/31/2020
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Valaris: Little, If Any, Hope Left As Company Expects More Contract Terminations And Rate Renegotiations
- Valaris provides update on contracts and terminations. As expected, Total terminated the contract of drillship Valaris DS-8, but the company has decent insuranc
- 03/27/2020
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11 Energy Stocks Moving In Friday's Pre-Market Session
- Gainers
• Centennial Resource Dev, Inc. (NASDAQ:CDEV) stock surged 4.05% to $0.44 during Friday's pre-market session. The most recent rating by KeyBanc, on Mar 26, is at...
- 03/27/2020
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Russia Explains Why It Killed The OPEC Deal
- I follow up on my previous article regarding the collapse of the OPEC deal. Russia's deputy energy minister provides his rational for Russia's decision and send
- 03/12/2020
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Valaris - Prepare For Bankruptcy After Recent Events
- Oil and gas industry is served a double whammy of coronavirus-induced lower demand and vastly increased supply after this weekend's epic OPEC+ failure. Expect c
- 03/11/2020
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Borr Drilling - More Cracks To The Story After Another Disappointing Quarter
- Company reports disappointing Q4 results with both revenues and EBITDA down sequentially. Free cash flow remained negative. Mexican integrated well service join
- 03/02/2020
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9 Energy Stocks Moving In Monday's Pre-Market Session
- Gainers
Taronis Technologies, Inc. (NASDAQ: TRNX) shares increased by 5.6% to $0.32 during Monday's pre-market session.
Chesapeake Energy, Inc. (NYSE: CHK) stock...
- 03/02/2020
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Borr Drilling Limited - Q4 2019 Presentation
- Please find enclosed the presentation of Borr Drilling Limited's fourth quarter 2019 results to be held on the webcast / conference call 28 February 2020 at 2:00PM CET/8:00 AM New York).
- 02/28/2020
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Borr Drilling Limited - Invitation to Webcast and Conference Call Q4 2019 Results
- Borr Drilling Limited (NYSE: BORR) (OSE: BDRILL) will release its financial results for the fourth quarter 2019 on Friday, February 28, 2020.
- 02/27/2020
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Tech Majors, Boeing, UPS And Tesla On Tap
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive th
- 01/25/2020
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7 Oil & Gas Drilling Stocks Moving In Wednesday's Session
- Gainers
• Unit, Inc. (NYSE:UNT) shares rose 9.3% to $0.51 during Wednesday's regular session. According to the most recent rating by Raymond James, on January 06, the...
- 01/22/2020
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Some Borr Drilling (OB:BDRILL) Shareholders Have Copped A Big 56% Share Price Drop
- While not a mind-blowing move, it is good to see that the Borr Drilling Limited (OB:BDRILL) share price has gained 25...
- 01/10/2020
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Transocean Passes Debt Market Acid Test With Flying Colors, Discloses New Contract Awards
- Discussing recent recovery rally in offshore drilling stocks and related debt securities. Transocean successfully places $750 million in new 2027 8% senior unse
- 01/09/2020
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Borr Drilling Limited - Amendment to Bank Facility Covenants
- Borr Drilling Limited (the "Company") is pleased to announce it has agreed with its financing banks to make certain amendments to its financial covenants. The required minimum book equity ratio has been adjusted from 40% to 33.3% and the minimum free liquidity covenant adjusted from 4.0% to 3.0% of Net Interest Bearing Debt. These amendments are effective from year end 2019 and into 2021.
- 01/02/2020
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Borr Drilling Limited - Appointment of Director
- Borr Drilling Limited (NYSE: BORR) (OSE: BDRILL) today announced the appointment of Mr. Neil Glass as a new director of the Board. Mr. Glass graduated from the University of Alberta in 1983 with a degree in Business. He is a member of both the Chartered Professional Accountants of Bermuda and of Alberta, Canada, and is a Chartered Director and Fellow of the Institute of Directors. Mr. Glass worked for Ernst & Young for eleven years: seven years with the Edmonton, Canada office and four years with the Bermuda office. In 1994, he became General Manager and in 1997 the sole owner of WW Management Limited, tasked with overseeing the day-to-day operations of several international companies. Mr. Glass has over 20 years' experience as both an executive director and as an independent non-executive director of international companies.
- 01/02/2020
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Here’s What Hedge Funds Think About Borr Drilling Limited (BORR)
- Before putting in our own effort and resources into finding a good investment, we can quickly utilize hedge fund expertise to give us a quick glimpse of whether that stock could make for a good addition to our portfolios. The odds are not exactly stacked in investors' favor when it comes to beating the market, […]
- 12/20/2019
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Borr Drilling Limited - Information About Q3 2019 Results and Conference Call/Webcast
- Borr Drilling Limited (NYSE: BORR) (OSE: BDRILL) (the "Company") will release its financial results for the third quarter 2019 on Tuesday, November 26, 2019. The time of the release will be at 1:00 PM CET / 7:00 AM New York Time in order to accommodate the Company's US shareholders.
- 11/26/2019
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Analysts Expect Breakeven For Borr Drilling Limited (OB:BDRILL)
- Borr Drilling Limited's (OB:BDRILL): Borr Drilling Limited operates as an offshore drilling contractor to the oil and...
- 11/11/2019
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Third Avenue Value Fund's Top 5 Buys in the 3rd Quarter
- Fund legendary investor Marty Whitman founded reports portfolio Continue reading...
- 10/16/2019
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