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Borr Drilling Ltd - BORR STOCK NEWS

Welcome to our dedicated news page for Borr Drilling (Ticker: BORR), a resource for investors and traders seeking the latest updates and insights on Borr Drilling.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Borr Drilling's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Borr Drilling's position in the market.

News
Borr Drilling Limited - Contracting Update
Rhea-AI Summary
Borr Drilling announces new contract commitments for three premium jack-up rigs, securing 820 days and $158.6 million in contract revenue. Multiple contracts in the North Sea and Southeast Asia, along with a firm Letter of Award for a future campaign, demonstrate strong growth prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
Tags
none
-
News
Borr Drilling Limited - Contracting update
Rhea-AI Summary
Borr Drilling receives a notice of temporary suspension for rig 'Arabia I' in Saudi Arabia, expected to last up to 12 months.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.71%
Tags
none
-
News
Borr Drilling Limited - Announces Pricing of Additional $200 Million Offering of 10.000% Senior Secured Notes due 2028
Rhea-AI Summary
Borr Drilling Limited announces the pricing of an additional $200 million senior secured notes offering due 2028 by its subsidiary, Borr IHC Limited, to be used for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.06%
Tags
none
News
Borr Drilling Limited Announces Fourth Quarter and Twelve Months 2023 Results
Rhea-AI Summary
Borr Drilling Limited announces strong financial performance in Q4 2023 with significant revenue growth and new contract commitments. The company also completed refinancing, secured a credit facility, and declared a cash dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.47%
Tags
none
-
News
Borr Drilling Limited - Invitation to webcast and conference call Q4 2023 results
Rhea-AI Summary
Borr Drilling Limited (BORR) announces the release of its financial results for Q4 2023, with a scheduled conference call and webcast on February 22, 2024. Participants can access the earnings report and presentation on the company's website. The event aims to provide investors with insights into the company's performance and future prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.23%
Tags
conferences earnings
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News
Borr Drilling Limited - Contracting Update
Rhea-AI Summary
Borr Drilling Limited announces new contract commitments totaling 495 days and $82.2 million in contract revenue for three premium jack-up rigs. The company's fleet contract coverage for 2024 stands at 87% with firm commitments and priced options.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.01%
Tags
none
News
Borr Drilling Limited -Dividend declaration and key information relating to the cash distribution for the third quarter 2023
Rhea-AI Summary
Borr Drilling Limited (NYSE: BORR) and (OSE: BORR) has announced a cash distribution of paid-in capital of US$0.05 per share for the third quarter of 2023. Shareholders registered in Euronext VPS, the Norwegian Central Security Depository, will receive the distribution in NOK with a fixing date on 22 January, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
Tags
dividends earnings
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News
Borr Drilling Limited - Special General Meeting Results Notification
Rhea-AI Summary
Borr Drilling Limited (BORR) held a Special General Meeting on December 22, 2023, where shareholders approved a reduction of the Share Premium account from US$2,290,578,712 to US$ 290,578,712 by transferring US$2,000,000,000 to the Contributed Surplus account.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
Tags
none
-
News
Borr Drilling Limited - Notice of Special General Meeting of Shareholders
Rhea-AI Summary
Borr Drilling Limited (BORR) will hold a Special General Meeting on December 22, 2023, to approve a reduction of the Company's Share Premium account and credit the same amount to the Contributed Surplus account, enabling dividend payments to shareholders. The record date for determination of the shareholders entitled to attend and vote at the Special General Meeting is November 27, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
Tags
none
News
Borr Drilling Limited - Grant of Restricted Stock Units and Share Options
Rhea-AI Summary
Borr Drilling Limited (BORR) Grants Restricted Stock Units and Share Options to Directors and Employees. The Board of Directors has approved the granting of 112,780 Restricted Stock Units (RSUs) and 2,100,000 share options to certain employees. The RSUs will vest in full on September 30, 2024, and the Options will vest equally over a three-year period commencing on March 1, 2025, with a strike price of $6.65. PDMRs have also been granted and accepted RSUs and Options. This information is disclosed in compliance with the Market Abuse Regulation and Norwegian Securities Trading Act.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.65%
Tags
none
Stock BORR logo
Borr Drilling Ltd

NYSE:BORR

BORR Rankings

#2158 Ranked by Market Cap
#760 Ranked by Stock Gains
N/A Ranked by Dividends

BORR Stock Data

1.43B
358.04M
9.6%
68.73%
3.09%
Drilling Oil and Gas Wells
Mining, Quarrying, and Oil and Gas Extraction
Link
Bermuda
4 Burnaby Street

About BORR

borr drilling limited is an international drilling contractor to the oil and gas industry, with the ambition of acquiring and operating modern drilling assets. the industry is currently under significant stress, and we wish to establish a platform upon which we can capitalise on identified opportunities. by uniting record low asset prices with a capable operating organisation, we will take advantage of opportunities in a rapidly changing oil and gas industry. with our fleet of rigs we will deliver safe and high quality drilling operations to our customers.