Borr Drilling Ltd. engages in the provision of offshore drilling services to the oil and gas industry. The Company’s primary business is the ownership, contracting and operation of jack-up rigs for operations in shallow-water areas (in water depths up to approximately 400 feet), including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production customers. The company owns approximately 22 rigs with an additional two jack-up rigs. Its rigs include Skald, Groa, Idun, Thor, Norve, Gerd, Natt, Ran, Odin, Gersemi, Grid, Galar, Njord, Prospector 1, Saga, Prospector 5, Mist, Gunnlod, Frigg, Gyme, Arabia I, and Arabia II. The company operates oil-producing geographies throughout the world, including the North Sea, Mexico, West Africa, Southeast Asia, and the Middle East. The firm contracts its jack-up rigs primarily on a daily rate basis to drill wells for its customers.
Follow-Up Questions
What is Borr Drilling Ltd (BORR)'s P/E Ratio?
The P/E ratio of Borr Drilling Ltd is 8.5607
Who is the CEO of Borr Drilling Ltd?
Mr. Bruno Morand is the Chief Executive Officer of Borr Drilling Ltd, joining the firm since 2025.
What is the price performance of BORR stock?
The current price of BORR is $3.03, it has increased 0.85% in the last trading day.
What are the primary business themes or industries for Borr Drilling Ltd?
Borr Drilling Ltd belongs to Energy industry and the sector is Energy
What is Borr Drilling Ltd market cap?
Borr Drilling Ltd's current market cap is $868.8M
Is Borr Drilling Ltd a buy, sell, or hold?
According to wall street analysts, 9 analysts have made analyst ratings for Borr Drilling Ltd, including 5 strong buy, 7 buy, 2 hold, 0 sell, and 5 strong sell
