Borr Drilling: The Insiders Are Buying Again
Borr Drilling saw sizable insider purchases suggesting the current share price is low. While the Q2 results were mixed, successful refinancing and resilience in the Middle East were among the positives. At replacement cost of $300 million per unit, Borr Drilling offers considerable upside.
Borr Drilling Q2 Earnings Call Highlights
Borr Drilling NYSE: BORR reported lower second-quarter adjusted EBITDA and a wider net loss as rig transitions, startup costs for the Odin rig, higher fuel and insurance expenses, and a credit-loss provision weighed on results. Management said it expects a significant sequential improvement in the third quarter as transitioned rigs return to work and the Odin begins its U.S. Gulf campaign.
Borr Drilling: A Strategic Investor's Trimming Is Putting Near-Term Pressure On The Stock
Borr is undergoing a 30% correction off its recent highs so far as a strategic investor has been trimming their holdings. Other insiders have stepped in to add shares, suggesting the strategic investor isn't sizing down due to negative fundamental information. Borr has made a couple of important asset acquisitions and has taken off the table any near-term refinancing or liquidity risk.
Borr Drilling Limited (BORR) Q1 2026 Earnings Call Transcript
Borr Drilling Limited (BORR) Q1 2026 Earnings Call Transcript
Borr Drilling: Recent Pullback Provides Buying Opportunity (Rating Upgrade)
Since my last public update on leading shallow water driller Borr Drilling, shares have rallied by more than 200% at their peak. BORR has taken advantage of improved sentiment by expanding its fleet and refinancing legacy convertible debt at favorable terms. In recent quarters, the jackup market has been showing signs of life, with tendering activity increasing to new multi-year highs.
Borr Drilling Limited (BORR) M&A Call Transcript
Borr Drilling Limited (BORR) M&A Call Transcript
Borr Drilling: Share Price Is Not Supported By Future Revenues
Borr Drilling: Share Price Is Not Supported By Future Revenues
Borr Drilling Limited (BORR) Q4 2025 Earnings Call Transcript
Borr Drilling Limited (BORR) Q4 2025 Earnings Call Transcript
Borr Drilling Made Its Bet With A New Acquisition (Rating Downgrade)
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.
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.
