Borr Drilling Limited BORR

Borr Drilling recently reported that its Odin rig has begun earning dayrate revenues offshore Texas, secured a new Idun contract in Vietnam, and saw ENI extend the Bestla contract in Europe, while also publishing a fresh investor presentation for Pareto Securities’ 33rd Annual Energy Conference. Alongside these contract wins, Borr Drilling agreed to sell its 51% stake in Mexican joint venture Perfomex while retaining ownership of the underlying rigs through bareboat charters, and Director...

The company’s local partner will take full ownership of the Perfomex JV and operational control of three jack-up rigs.

Borr Drilling Limited (NYSE: BORR) (OSE: BORR) today published a new investor presentation on its website (www.borrdrilling.com) in connection with Pareto Securities' 33rd Annual Energy Conference.

Borr Drilling Limited (NYSE: BORR) (OSE: BORR) (the "Company") today provided an operational update on the Odin and announced new contract commitments.

Energy stocks were advancing pre-bell Tuesday, with the State Street Energy Select Sector SPDR ETF (

Borr Drilling Limited (NYSE: BORR) (OSE: BORR) ("Borr Drilling" or the "Company") today announced that it has entered into definitive agreements to divest its 51% equity interest in the Mexican joint ventures Perforaciones Estratégicas e Integrales Mexicana S.A. de C.V. and Perforaciones Estratégicas e Integrales Mexicana II, S.A. de C.V. (together, "Perfomex") to its long-standing local partner in Mexico (the "Transaction").

Rapid spending isn’t always a sign of progress. Some cash-burning businesses fail to convert investments into meaningful competitive advantages, leaving them vulnerable.

Over the last six months, Borr Drilling’s shares have sunk to $4.58, producing a disappointing 17.8% loss - a stark contrast to the S&P 500’s 14% gain. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.

Borr Drilling’s updated fair value estimate has shifted from NOK45.16 to NOK48.24, bringing it in line with the refreshed average price target on the stock. That move reflects a split analyst backdrop, where more optimistic research points to a US$6 target, while cautious views lean closer to US$3.55 and question contract visibility. As you read on, you will see how these changing targets and views shape the evolving narrative around Borr Drilling and what to watch next. Stay updated as the...

Why Borr Drilling Stock Is Back Under Pressure Borr Drilling (BORR) is drawing renewed attention after its share price fell 23.7% over the past six months, following softer quarterly results that have prompted fresh questions from investors. The company operates a relatively small revenue base for its industry and has limited diversification across drilling projects. This can magnify the impact of weaker periods on sentiment. At the same time, a negative free cash flow margin points to...

Borr Drilling has secured a contract with PetroVietnam Drilling and Well Service and PetroVietnam Exploration to lease the IDUN jackup rig for a roughly 134-day, three-well offshore Vietnam campaign scheduled to begin in mid-October 2026. This agreement extends Borr Drilling’s presence in Southeast Asia and adds future jackup utilization in Vietnam, reinforcing its role in shallow-water exploration programs. We’ll now examine how this new Vietnam jackup contract, and the added IDUN rig...

What a brutal six months it’s been for Borr Drilling. The stock has dropped 23.7% and now trades at $3.99, rattling many shareholders. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.