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BORR DRILLING LTD SEC Filings

BORR NYSE

Welcome to our dedicated page for BORR DRILLING SEC filings (Ticker: BORR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

Tracking a rig fleet worth billions means Borr Drilling’s SEC disclosures are packed with contract backlog tables, dayrate clauses, and impairment math that can frustrate even seasoned analysts. If you have ever wondered, “How do I find Borr Drilling insider trading Form 4 transactions?” or “Where is the backlog figure hidden in the annual report?”, you are not alone.

Stock Titan’s platform converts those dense pages into clear takeaways. Our AI reads every Borr Drilling quarterly earnings report 10-Q filing, flags key cash-flow shifts, and sends Borr Drilling Form 4 insider transactions real-time so you see executive moves before the market digests them. Need the big picture? Explore the Borr Drilling annual report 10-K simplified view; drill deeper into any footnote with one click. We also map each Borr Drilling 8-K material events explained alert to rig contracts, giving context no raw feed can match.

Why do investors keep this page bookmarked?

  • Compare dayrate trends and contract backlog without scrolling 300 pages—understanding Borr Drilling SEC documents with AI.
  • Spot patterns in Borr Drilling executive stock transactions Form 4 ahead of fresh rig awards.
  • Review governance details in the latest Borr Drilling proxy statement executive compensation—comp distilled in minutes.
  • Download model-ready tables from any Borr Drilling earnings report filing analysis.

Every filing, from safety-incident 8-Ks to quarterly rig reactivation updates, lands here seconds after EDGAR posts it. Stock Titan’s AI-powered summaries, real-time alerts, and expert context turn complex offshore-drilling paperwork into actionable knowledge—so you can focus on decisions, not deciphering.

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Borr Drilling Limited (BORR) has launched a preliminarily marketed public offering of 50 million common shares via a two-step settlement structure. Approximately 30 million shares are expected to settle on 7 July 2025 (the “First Settlement”) while the remaining 20 million will settle on or about 7 August 2025 (the “Second Settlement”) only if shareholders approve an increase in authorised share capital at a Special General Meeting (SGM) on 6 August 2025. The shares are listed on the NYSE; the last reported price on 1 July 2025 was $1.95.

Net proceeds—whose exact amount will depend on final pricing—are earmarked for general corporate purposes such as debt service, capital expenditure and working-capital needs. The equity raise is also a condition precedent for agreed amendments to Borr’s financing package: commitments have been received to lift the Super Senior Revolving Credit Facility to $200 million (+$50 million), re-classify the $45 million guarantee line, and add a new $34 million senior secured RCF, jointly raising available liquidity by more than $100 million and easing covenant thresholds (lower liquidity minimum, higher leverage ceiling, lower coverage ratios).

Operationally, Borr has booked 13 new contract awards/LOIs/LOAs in 2025, adding ~3,010 potential rig-days and $366 million of revenue backlog (average day-rate $121k). Contract coverage now stands at 84% for 2025 and 45% for 2026 at average day-rates of $144k and $141k, respectively.

Leadership refresh: CCO Bruno Morand will become CEO on 1 September 2025; current CEO Patrick Schorn will transition to Executive Chair, while Chairman Tor Olav Trøim will remain on the board. Investor Granular Capital’s CIO, Thiago Mordehachvili, is nominated to join the board, contingent on SGM approval to expand board size.

Several insiders—Schorn ($1 m), Morand ($0.3 m) and Drew Holding Ltd. ($10 m)—intend to subscribe, all electing to receive shares in the Second Settlement. If the SGM fails, only the First Settlement closes, leaving the remaining 20 million shares undelivered.

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FAQ

What is the current stock price of BORR DRILLING (BORR)?

The current stock price of BORR DRILLING (BORR) is $2.11 as of July 3, 2025.

What is the market cap of BORR DRILLING (BORR)?

The market cap of BORR DRILLING (BORR) is approximately 437.9M.

What core services does Borr Drilling Ltd provide?

Borr Drilling Ltd operates a premium fleet of jack-up rigs to deliver high-quality drilling services for oil and gas exploration and production. Its operations focus on safety, reliability, and technical excellence.

How does Borr Drilling differentiate its fleet of drilling rigs?

The company’s rigs are modern, high-specification jack-up designs engineered for optimal performance and safety in challenging offshore environments. This technical innovation distinguishes its operational capabilities.

What is the contracting strategy of Borr Drilling Ltd?

Borr Drilling secures long-term contracts that include compensations for mobilization and demobilization. This strategic approach helps in mitigating market volatility and ensures steady revenue streams.

In which regions does Borr Drilling primarily operate?

The company conducts its operations in key offshore regions, with a significant presence in areas such as Norway. Its strategic geographic focus allows it to leverage regional opportunities within the oil and gas sector.

How does Borr Drilling manage industry risks?

Through a disciplined asset acquisition strategy and adherence to operational best practices, Borr Drilling effectively navigates market fluctuations and contractual risks. The company’s focus on safety and quality further strengthens its risk management framework.

What makes Borr Drilling a trusted operator in the offshore drilling industry?

The company combines advanced technological solutions with a proven track record of operational excellence. Its detailed operational framework, commitment to safety, and strategic contract acquisitions attest to its industry expertise and reliability.
BORR DRILLING LTD

NYSE:BORR

BORR Rankings

BORR Stock Data

437.93M
219.91M
6.87%
76.32%
7.04%
Oil & Gas Drilling
Energy
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Bermuda
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