Borr Drilling Overview
- Year Founded
-
2016
- Status
-
Public
- Employees
-
1,884
- Stock Symbol
-
BORR
- Investments
-
7
- Share Price
-
$5.31
- (As of Wednesday Closing)
Borr Drilling General Information
Description
Borr Drilling Ltd is a drilling contractor that owns and operates jack-up rigs of modern and high-specification designs providing drilling services to the oil and gas exploration and production industry. The company operates a fleet of around 16 jack-up drilling rigs. Geographically the activities are carried out through Norway.
Contact Information
Website
www.borrdrilling.comCorporate Office
- East Pearman Building, 2nd Floor
- 9 Par-la-Ville Road
- Hamilton, HM11
- Bermuda
Corporate Office
- East Pearman Building, 2nd Floor
- 9 Par-la-Ville Road
- Hamilton, HM11
- Bermuda
Borr Drilling Timeline
Borr Drilling Stock Performance
(As of Wednesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $5.31 | $5.33 | $5.09 - $7.55 | $1.34B | 251M | 344K | $0.29 |
Borr Drilling Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 3,244,571 | 3,422,737 | 2,887,524 | 2,136,401 |
| Revenue | 918,000 | 771,600 | 443,800 | 245,300 |
| EBITDA | 412,200 | 327,000 | (37,900) | 29,200 |
| Net Income | 74,800 | 22,100 | (292,800) | (193,000) |
| Total Assets | 3,181,600 | 3,080,100 | 3,001,700 | 3,080,300 |
| Total Debt | 1,844,100 | 1,702,200 | 1,637,500 | 1,916,600 |
Borr Drilling Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Borr Drilling Comparisons
Industry
Financing
Details
Borr Drilling Competitors (2)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Helmerich & Payne | Corporation | Tulsa, OK | ||||
| Independence Contract Drilling | Formerly PE-Backed | Houston, TX |
Borr Drilling Executive Team (13)
| Name | Title | Board Seat |
|---|---|---|
| Patrick Schorn | Chief Executive Officer and Board Member | |
| Magnus Vaaler | Chief Financial Officer, Finance | |
| Andrew Gaddini | Strategy Director | |
| John Fredriksen | Co-Founder | |
| Andreas Lie | Vice President, Investor Relations & Treasurer |
Borr Drilling Board Members (8)
| Name | Representing | Role | Since |
|---|---|---|---|
| Self | Board Member | ||
| Self | Board Member | ||
| Self | Board Member | ||
| Borr Drilling | Chief Executive Officer and Board Member |
Borr Drilling Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Borr Drilling Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Borr Drilling Investments & Acquisitions (7)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| BOT Lease (Jack-up Rig Newbuilding) | 01-Apr-2019 | Buildings and Property | |||
| Integrated Well Services (Borr Drilling) | 01-Jan-2019 | Other Commercial Services | |||
| KEPPEL O&M (5 jackup rigs) | 16-May-2018 | Buildings and Property | |||
| Paragon Offshore | 29-Mar-2018 | BPO/Outsource Services | |||
| PPL Shipyard (jack-up rigs) | 06-Oct-2017 | Corporate Asset Purchase | Other Energy |
Borr Drilling Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Transocean | Other Energy Services | Steinhausen, Switzerland |
Borr Drilling ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
33.15 | High Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 16,009
Rank
Percentile
Energy Services
Industry
of 111
Rank
Percentile
Oil & Gas Drilling
Subindustry
of 23
Rank
Percentile
Borr Drilling Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Integrated Well Services (Borr Drilling) | 01-Jan-2019 | Completed |
|
Borr Drilling FAQs
-
When was Borr Drilling founded?
Borr Drilling was founded in 2016.
-
Who is the founder of Borr Drilling?
Tor Troeim and John Fredriksen are the founders of Borr Drilling.
-
Who is the CEO of Borr Drilling?
Patrick Schorn is the CEO of Borr Drilling.
-
Where is Borr Drilling headquartered?
Borr Drilling is headquartered in Hamilton, Bermuda.
-
What is the size of Borr Drilling?
Borr Drilling has 1,884 total employees.
-
What industry is Borr Drilling in?
Borr Drilling’s primary industry is BPO/Outsource Services.
-
Is Borr Drilling a private or public company?
Borr Drilling is a Public company.
-
What is Borr Drilling’s stock symbol?
The ticker symbol for Borr Drilling is BORR.
-
What is the current stock price of Borr Drilling?
As of 09-Oct-2024 the stock price of Borr Drilling is $5.31.
-
What is the current market cap of Borr Drilling?
The current market capitalization of Borr Drilling is $1.34B.
-
What is Borr Drilling’s current revenue?
The trailing twelve month revenue for Borr Drilling is $918M.
-
Who are Borr Drilling’s competitors?
Helmerich & Payne and Independence Contract Drilling are competitors of Borr Drilling.
-
What is Borr Drilling’s annual earnings per share (EPS)?
Borr Drilling’s EPS for 12 months was $0.29.
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