Borr Drilling Limited (BORR)

Borr Drilling is positioned for growth with high jack-up utilization, expanding contracts, and strong liquidity, despite current margin pressures. Mexico emerges as a key market for BORR, with Pemex support and private projects driving backlog growth and cash flow growth. A recent equity raise and credit expansion have strengthened BORR's balance sheet, supporting strategic goals amid near-term volatility and global energy uncertainty.

HAMILTON, Bermuda , Sept. 10, 2025 /PRNewswire/ -- Borr Drilling Limited's (the "Company") (NYSE: BORR) CEO, Bruno Morand, will present at the Pareto Securities' 32nd annual Energy Conference, today, September 10, 2025 in Oslo, Norway.

SEB Equities downgraded Borr Drilling to Sell from Hold with a $2.40 price target. 03 Jul

Borr Drilling Limited (NYSE:BORR ) Q2 2025 Earnings Conference Call August 14, 2025 9:00 AM ET Company Participants Bruno Morand - Chief Commercial Officer Magnus Vaaler - Chief Financial Officer Patrick Arnold Henk Schorn - CEO & Director Conference Call Participants Daniel Robert Kutz - Morgan Stanley, Research Division Douglas Lee Becker - Capital One Securities, Inc., Research Division Eddie Kim - Unidentified Company Fredrik Stene - Clarksons Platou Securities, Inc., Research Division Gregg William Brody - BofA Securities, Research Division Operator Good day, and thank you for standing by. Welcome to the Borr Drilling Limited Second Quarter 2025 Results Presentation, webcast, and Conference Call.

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HAMILTON, Bermuda , Aug. 13, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) ("Borr", "Borr Drilling" or the "Company") announces unaudited results for the six months ended June 30, 2025. Highlights  Total operating revenues of $267.7 million, an increase of $51.1 million or 24% compared to the first quarter of 2025 Net income of $35.1 million, an increase of $52.0 million compared to the net loss in the first quarter of 2025 Adjusted EBITDA of $133.2 million, an increase of $37.1 million or 39% compared to the first quarter of 2025 YTD 2025, the company was awarded 14 new contract commitments, representing approximately 2,584 days and $318 million of potential contract revenue Other Events In July 2025, the Company increased its liquidity by more than $200 million through an equity offering of $102.5 million, and commitments from commercial banks including existing lenders which have the effect of increasing available amounts under revolving credit facilities and more favourable terms for of its financial covenants.

HAMILTON, Bermuda , Aug. 6, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) ("BORR" or the "Company") announces the results of 2025 Special General Meeting ("SGM"), held on August 6, 2025 at 11:00 am (Bermuda local time) at the Company's registered office located at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda.

HAMILTON, Bermuda , July 24, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) plans to release its financial results for the second quarter 2025 after the close of the New York Stock Exchange on Wednesday 13 August, 2025. A conference call and webcast is scheduled for 9:00 AM New York Time (15:00 CET) on Thursday 14 August, 2025 and participants are encouraged to dial in 10 minutes before the start of the call.

U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 0.1% on Thursday.

HAMILTON, Bermuda , July 2, 2025 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) announces today its plans for a public offering seeking to raise $100 million in gross proceeds though an offering of approximately 50 million shares. The Company plans to use the proceeds from the offering for general corporate purposes, which may include debt service, capital expenditures and funding of working capital.

HAMILTON, Bermuda , July 2, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) is pleased to announce new contract commitments for four of its premium jack-up rigs, bringing the total number of contracted rigs to 23 out of its fleet of 24. The new awards have a combined duration of approximately 1,300 days, including fixed priced options, and an estimated contract revenue of more than $129 million 1.

Borr Drilling's Q1 report was weak, with revenue and EBITDA down, but the business remains stable and the balance sheet is healthy. Market headwinds, short-term contracts, and suspended dividends reflect macro uncertainty, not company-specific issues, creating a transitional year for Borr. Management is considering share buybacks due to the low share price, and expects improved EBITDA and higher dayrate coverage in coming quarters.

Borr Drilling Limited (NYSE:BORR ) Q1 2025 Earnings Conference Call May 22, 2025 9:00 AM ET Company Participants Patrick Schorn - Chief Executive Officer Magnus Vaaler - Chief Financial Officer Bruno Morand - Chief Commercial Officer Conference Call Participants Eddie Kim - Barclays Doug Becker - Capital One Fredrik Stene - Clarksons Securities Craig Ross - Bank of America Fady Chammas - Triton Partners Operator Good day and thank you for standing by. Welcome to the Borr Drilling Limited Q1 2025 Results Presentation, Webcast and Conference Call.

Borr Drilling (BORR 1.24%) reported its first-quarter 2025 results on May 21, revealing a $46.5 million sequential decline in revenue to $216.6 million, adjusted EBITDA of $96.1 million, and a net loss of $16.9 million, all primarily due to temporary rig suspensions and contract mobilizations. Liquidity improved to $320 million, and the company increased its active rig count from 16 to 22 as of May, but suspended its dividend in response to heightened market uncertainty.

HAMILTON, Bermuda , April 24, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) plans to release its financial results for the first quarter 2025 after the close of the New York Stock Exchange on Wednesday 21 May, 2025. A conference call and webcast is scheduled for 9:00 AM New York Time (15:00 CET) on Thursday 22 May, 2025 and participants are encouraged to dial in 10 minutes before the start of the call.