Borr Drilling Limited (BORR) Q3 2025 Earnings Call Transcript
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.
Borr Drilling Limited (BORR) Q2 2025 Earnings Call Transcript
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.
Borr Drilling: Weak Results, But It's All In The Details
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 (BORR) Q1 2025 Earnings Call Transcript
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 Limited (BORR) Q4 2024 Earnings Call Transcript
Borr Drilling Limited (BORR) Q4 2024 Earnings Call Transcript
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.
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.
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.
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.
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.
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.
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.
