Borr Drilling

BORR

Market cap $1.33B

HAMILTON, Bermuda, Jan. 6, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (Euronext Growth Oslo: BORR) (the "Company") is pleased to announce new contract commitments for two of its premium jack-up rigs. In the Americas, the Ran has received a one-well extension with ENI in Mexico.

Borr Drilling Limited has rebounded strongly, with revenue and EBITDA stabilizing after a weak Q1 2025. Recent acquisition of five jack-up rigs for $360M increases fleet size but adds significant long-term debt and financial risk. Management transition to new CEO Bruno Morand signals continuity, with strategic oversight retained by the former CEO.

HAMILTON, Bermuda , Dec. 10, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (the "Company") announced today the settlement of its previously announced public offering of 21 million common shares at a price of $4.00 per share for total gross proceeds of $84 million (the "Equity Offering"). The Company plans to use the proceeds from the Equity Offering, together with proceeds from a priced debt offering announced on December 9, 2025, seller financing and, if necessary, available cash, for the acquisition of five premium jack-up rigs announced on December 8, 2025 and for general corporate purposes, which may include debt service, capital expenditures, funding of working capital and potential mergers and acquisitions.

HAMILTON, Bermuda , Dec. 9, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (the "Company") announced today that its wholly owned subsidiary Borr IHC Limited and certain other subsidiaries have priced an offering of additional 10.375% senior secured notes due 2030 (the "Additional Notes") for gross proceeds of approximately $165 million. The Additional Notes will have the same terms and conditions as the existing senior secured notes due 2030.

HAMILTON, Bermuda , Dec. 9, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (the "Company") announces today that it has priced its previously announced offering of 21 million common shares at a price of $4.00 per share for total gross proceeds of $84 million (the "Equity Offering").  The Company plans to use the proceeds from the Equity Offering, together with proceeds from a concurrent debt offering, seller financing and, if necessary, available cash, for the potential acquisition of five premium jack-up rigs and for general corporate purposes, which may include debt service, capital expenditures, funding of working capital and potential mergers and acquisitions.

HAMILTON, Bermuda , Dec. 8, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (the "Company") announces today its plans to raise approximately $85 million in gross proceeds though an offering of 21 million shares (the "Equity Offering"). The Company plans to use the proceeds from the Equity Offering, together with proceeds from a debt offering, seller financing and, if necessary, available cash, for the potential acquisition of five premium jack-up rigs and for general corporate purposes, which may include debt service, capital expenditures, funding of working capital and potential mergers and acquisitions.

HAMILTON, Bermuda , Dec. 8, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) ("Borr Drilling" or the "Company") has entered into an agreement to acquire five premium jack-up rigs from Noble Corporation, consisting of three Friede & Goldman JU-3000N design rigs and two Gusto MSC CJ50 design rigs, for a total purchase price of $360 million. These rigs have complementary specifications and geographic footprint to Borr Drilling's existing fleet, enabling the Company to leverage its best-in-class platform to maximize the value of these assets while offering our customers a larger and versatile fleet.

HOUSTON , Dec. 8, 2025 /PRNewswire/ -- Noble Corporation plc (NYSE: NE, "Noble" or the "Company") today announced that the Company has signed definitive agreements to sell six jackups, which includes the sale of five rigs to Borr Drilling Limited (NYSE: BORR, "Borr") for $360 million and a separate transaction for the sale of one rig to Ocean Oilfield Drilling for $64 million in cash. Upon closing of these transactions, which are subject to satisfaction of customary closing conditions, Noble will be a pureplay deepwater and ultra-harsh environment jackup operator.

Borr Drilling Limited ( BORR ) Q3 2025 Earnings Call November 6, 2025 10:00 AM EST Company Participants Bruno Morand - Chief Executive Officer Magnus Vaaler - Chief Financial Officer Conference Call Participants Scott Gruber - Citigroup Inc., Research Division Eddie Kim Fredrik Stene - Clarksons Platou Securities, Inc., Research Division Doug Becker - Capital One Securities, Inc., Research Division Benjamin Sommers Greg Brody Joshua Jain Presentation Operator Good day and thank you for standing by. Welcome to the Borr Drilling Limited Q3 2025 Results Presentation Webcast and Conference Call.

HAMILTON, Bermuda , Nov. 5, 2025 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) ("Borr", "Borr Drilling" or the "Company") announces unaudited results for the nine months ended September 30, 2025. Highlights Total operating revenues of $277.1 million, an increase of $9.4 million or 4% compared to the second quarter of 2025 Net income of $27.8 million, a decrease of $7.3 million or 21% compared to the second quarter of 2025 Adjusted EBITDA of $135.6 million, an increase of $2.4 million or 2% compared to the second quarter of 2025 YTD 2025, the company was awarded 22 new contract commitments, representing more than 4,820 days and $625 million of potential contract revenue CEO, Bruno Morand commented: "Our third quarter results were strong, extending the rebound delivered in the second-quarter.