The share price of Borr Drilling Limited (NYSE:BORR) surged by 19.83% between February 2 and February 9, 2026, putting it among the Energy Stocks that Gained the Most This Week. Borr Drilling (BORR) - Among the Energy Stocks that Gained This Week Borr Drilling Limited (NYSE:BORR) is an offshore shallow-water drilling contractor providing worldwide offshore drilling services to the oil and gas industry. Borr Drilling Limited (NYSE:BORR) announced on January 28 that it has completed the acquisition of fiv ...

Core Viewpoint - Borr Drilling Limited is set to release its financial results for the fourth quarter of 2025 on February 18, 2026, after the close of the New York Stock Exchange [1] Group 1: Financial Results Announcement - The financial results will be available on the Investor Relations section of the company's website [2] - A conference call and webcast are scheduled for February 19, 2026, at 09:00 New York time (15:00 CET) [1][2] - Participants are encouraged to join the call 10 minutes prior to its start [3] Group 2: Accessing the Conference Call - Participants can access the webcast through a provided link [2] - Registration for the conference call is available via a separate link, with dial-in details sent to participants [2] Group 3: Webcast Replay - A replay of the webcast will be available after the live call through a specified link [4]

Core Viewpoint - Borr Drilling Limited has successfully completed the acquisition of five premium jack-up rigs from Noble Corporation for a total of $360 million, enhancing its fleet and market position [1][2]. Group 1: Acquisition Details - The acquisition increases Borr Drilling's fleet to 29 rigs, reinforcing its capability to serve customers in key offshore basins and solidifying its status as a leading pure-play owner of premium jack-up rigs [2]. - The total purchase price for the five rigs is $360 million, indicating a significant investment in expanding operational capacity [1]. Group 2: Strategic Implications - The CEO of Borr Drilling, Bruno Morand, expressed that the acquisition aligns with the current market cycle and enhances the company's operational excellence and customer relationships, which are seen as competitive advantages [3]. - The newly acquired rigs are compatible with the existing fleet and are expected to provide capacity for near-term opportunities, contributing to long-term shareholder value [3]. Group 3: Rig Renaming - The five acquired rigs will be renamed as follows: Noble Regina Allen to Sif, Noble Tom Prosser to Freyja, Noble Mick O'Brien to Forseti, Noble Resolute to Bestla, and Noble Resilient to Joro [4]. Group 4: Company Overview - Borr Drilling Limited is an international drilling contractor incorporated in Bermuda in 2016, listed on the New York Stock Exchange since July 31, 2019, and on Euronext Growth Oslo since December 19, 2025, under the ticker "BORR" [5]. - The company specializes in operating modern and high specification jack-up rigs, focusing on the shallow-water segment of the offshore oil and gas industry globally [5].

Core Viewpoint - Noble Corporation plc has completed the sale of five jackup rigs to Borr Drilling Limited for a total of $360 million, generating approximately $210 million in cash and $150 million in seller notes [1]. Group 1: Transaction Details - The rigs sold include the Noble Tom Prosser, Noble Mick O'Brien, Noble Regina Allen, Noble Resilient, and Noble Resolute [1]. - Noble Corporation intends to operate two of the sold rigs, Noble Mick O'Brien and Noble Resolute, under a bareboat charter agreement with Borr until December 2026 [1]. - The Noble Resilient will also be operated through the remainder of its current contract term, including any customer options [1]. Group 2: Company Overview - Noble Corporation is a leading offshore drilling contractor for the oil and gas industry, owning and operating a modern and versatile fleet [3]. - The company has been engaged in contract drilling of oil and gas wells since 1921, focusing on ultra-deepwater and high specification jackup drilling opportunities [3].

Group 1 - Borr Drilling Limited (NYSE:BORR) completed a public offering of 21 million common shares priced at $4 each, raising a total of $84 million for rig purchases and corporate needs [1][2] - The company received a credit rating downgrade from S&P Global Ratings to 'B' with a stable outlook, which also included a downgrade of its senior secured notes to 'B+' due to the acquisition of five premium jack-up rigs for $360 million [2][3] - The $84 million from the public offering was used to fund the rig acquisition, supplemented by a $165 million issuance of senior secured notes at 10.375% interest due in 2030, with net debt reaching approximately $2 billion post-acquisition [3] Group 2 - Borr Drilling Limited operates a modern fleet of jack-up rigs for shallow-water exploration and production across offshore regions including the Americas, Europe, Africa, and Asia [4]

Group 1 - Borr Drilling Limited (NYSE:BORR) experienced a share price decline of 13.69% from December 10 to December 17, 2025, making it one of the worst-performing energy stocks during that week [1] - The company announced an equity offering of 21 million shares on December 8, aiming to raise $84 million in gross proceeds, with the offering priced at $4 per share [3] - Proceeds from the equity offering will be used to acquire five jackup rigs from Noble Corporation plc for $360 million and for general corporate purposes [3] Group 2 - The acquisition will be financed through $150 million in additional senior secured notes due 2030 and $150 million seller's credit due 2032, alongside the equity offering [4] - This acquisition is expected to close in Q1 2026 and will increase Borr's fleet size to 29 rigs [4] - CEO Bruno Morand stated that the acquisition represents a strategic and financial opportunity, with expectations for immediate accretion to Adjusted EBITDA and a reduction in debt per rig [4]

Core Insights - Borr Drilling Limited (BORR) has released its Q2 and Q3 2025 reports, prompting a reevaluation of the company's performance and potential [1]. Company Overview - Borr Drilling Limited is an oil drilling company that has been under analysis for its financial performance and growth prospects [1]. Investment Strategy - The investment strategy focuses on high-quality and growth companies, balancing between dividend-paying stocks and those with high growth potential but lower dividends [1].

Group 1 - The article focuses on Borr Drilling Limited (BORR) and its recent performance, particularly the release of Q2 and Q3 2025 reports [1] - The author emphasizes a balanced investment strategy that includes high-quality growth companies and dividend-paying stocks [1] - The author has eight years of experience in stock investing, indicating a preference for companies with potential for growth, even if they do not currently pay dividends [1] Group 2 - The article does not provide specific financial metrics or performance data for Borr Drilling Limited [1]

Core Viewpoint - Borr Drilling Limited has successfully completed a public offering of 21 million common shares at a price of $4.00 per share, generating total gross proceeds of $84 million [1] Group 1: Equity Offering Details - The proceeds from the equity offering will be utilized for the acquisition of five premium jack-up rigs, as well as for general corporate purposes, which may include debt service, capital expenditures, and funding of working capital [2] - The equity offering was conducted under an effective shelf registration statement filed with the SEC on April 11, 2025, and was made solely through a prospectus and related prospectus supplement [4] Group 2: Underwriters and Management - DNB Carnegie, Inc. and Clarksons Securities AS acted as joint global coordinators and bookrunners for the equity offering, with Citigroup Global Markets, Inc., Fearnley Securities AS, and Pareto Securities AS serving as joint bookrunners [3]

Core Viewpoint - Borr Drilling Limited has announced the pricing of an offering of additional 10.375% senior secured notes due 2030, aiming for gross proceeds of approximately $165 million [1][2] Group 1: Offering Details - The additional notes will have the same terms and conditions as the existing senior secured notes due 2030 [1] - Settlement of the additional notes is expected on or about December 19, 2025, subject to customary closing conditions [2] Group 2: Use of Proceeds - Proceeds from the additional notes offering will be used for the acquisition of five premium jack-up rigs and for general corporate purposes, which may include debt service, capital expenditures, and funding of working capital [2]