Core Viewpoint - Borr Drilling Limited has reached an agreement with a major Mexican customer to settle approximately $125 million in outstanding receivables, which is expected to be collected in the first half of February 2025 [1][2]. Financial Summary - The $125 million payment represents over 75% of the outstanding receivables with this customer as of December 31, 2024 [2]. - The collections will incur an agreed financing fee in the mid-single digit percentage range [2]. Industry Implications - The CEO of Borr Drilling highlighted that the commitments from the Mexican government and PEMEX towards a sustainable supplier payment mechanism will positively impact future offshore drilling opportunities in Mexico [3].

Group 1 - Borr Drilling Limited plans to release its financial results for the fourth quarter of 2024 on February 19, 2025, after the close of the New York Stock Exchange [1] - A conference call and webcast are scheduled for February 20, 2025, at 15:00 CEST (9:00 AM New York Time) [1] - Participants are encouraged to join the call 10 minutes early [1] Group 2 - The earnings report, webcast, and accompanying presentation will be available on the Investor Relations section of the company's website [2] - Access to the webcast can be obtained through a provided link [2] - Registration for the conference call is available via a separate link [2] Group 3 - Participants will receive dial-in details on screen and via email, with options to dial in using a unique pin or to use the "Call me" feature [3] - A replay of the call will be available for streaming after the call concludes [4] - For further inquiries, contact Magnus Vaaler, CFO, at the provided phone number [4]

Core Viewpoint - Borr Drilling Limited will present at the Fearnley Securities' Annual Offshore Drilling Seminar in New York and London on January 15 and 16, 2025, respectively [1]. Company Information - The presentation will be available on the Company's website at www.borrdrilling.com [1]. - The CFO of the Company, Magnus Vaaler, can be contacted for questions at +44 1224 289208 [1]. Event Details - The seminar will take place on January 15 and 16, 2025, in New York and London [1]. - A copy of the presentation is enclosed with the release and can also be downloaded [1].

Core Insights - The article reflects on a transformative personal journey that emphasizes self-sufficiency and a shift from urban life to a more natural existence in the woods, highlighting the importance of adapting to change and the spiritual nature of this journey [1] Group 1: Personal Transformation - The decision to leave urban life for a self-built yurt in the boreal forest represents a significant life change, leading to a deeper understanding of self-sufficiency and personal fulfillment [1] - The experience of living in isolation has replaced anxiety with love, showcasing the psychological benefits of connecting with nature [1] - The author emphasizes that personal growth and learning from mistakes are more valuable than comparing investment returns with others [1] Group 2: Investment Philosophy - The article discusses the importance of timing in maximizing the impact of actions, indicating that poor timing can lead to destructive outcomes [1] - The author views life as a call option, willing to embrace volatility for greater rewards, suggesting a parallel to investment strategies that accept risk for potential high returns [1] - There is a desire to merge macro and micro perspectives in research, indicating a holistic approach to understanding market dynamics [1]

Core Insights - The article highlights the investment strategies and achievements of Paul Franke, a seasoned investor with 38 years of trading experience, emphasizing his contrarian stock selection style and the development of a system called "Victory Formation" for identifying stocks based on supply/demand imbalances [1] Group 1: Investment Strategies - Paul Franke suggests using 10% or 20% stop-loss levels on individual stock choices and advocates for a diversified portfolio of at least 50 well-positioned stocks to achieve consistent outperformance in the stock market [1] - The "Bottom Fishing Club" articles focus on deep-value candidates or stocks that are experiencing significant upward technical momentum reversals [1] - The "Volume Breakout Report" articles discuss positive trend changes supported by strong price and volume trading actions [1] Group 2: Performance and Recognition - Franke was consistently ranked among the top investment advisors nationally during the 1990s and achieved the 1 ranking in the Motley Fool® CAPS stock picking contest during parts of 2008 and 2009, out of over 60,000 portfolios [1] - As of September 2024, he is ranked in the Top 3% of bloggers by TipRanks® for 12-month stock picking performance based on suggestions made over the last decade [1]

HAMILTON, Bermuda, Dec. 12, 2024 /PRNewswire/ -- Borr Drilling Limited ("Borr Drilling" or the "Company") (NYSE: BORR) (OSE: BORR) refers to i) its announcement on 6 November 2024, where the Company announced the authorization by its Board of Directors of a commitment to repurchase $20 million worth of shares within year end 2024, under its previously announced $100 million share repurchase authorization, and ii) the announcement on November 20, 2024, where the Company announced the completion of the first ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of BORR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. My articles, blog posts, and comments on this platform do not constitute investment recommendations, but rather express my personal opinions a ...

HAMILTON, Bermuda, Nov. 20, 2024 /PRNewswire/ -- Borr Drilling Limited ("Borr Drilling" or the "Company") (NYSE: BORR) (OSE: BORR) initiated a share repurchase program on November 12, 2024 to repurchase USD 10 million of the Company's common shares in open market transactions ("the First Tranche") on the OSE and NYSE until no later than November 30, 2024 pursuant to an agreement with DNB Markets, a part of DNB Bank ASA ("DNB Markets"). This was the initial step under the Board of Directors authorized commit ...

HAMILTON, Bermuda, Nov. 19, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) has received a notice of temporary suspension of operation for its rig "Arabia II", operating in Saudi Arabia. The temporary suspension will be for a period of up to 12 months. The commencement date of the suspension is still to be confirmed by the customer.Forward looking statementsThis press release includes forward looking statements, which do not reflect historical facts and may be identified ...

HAMILTON, Bermuda, Nov. 11, 2024 /PRNewswire/ -- Drew Holdings Ltd., a close associate of Mr. Tor Olav Trøim, has on 8 November, 2024, bought 1,500,000 common shares in Borr Drilling Limited at an average price of $3.9335 per share. Mr. Trøim is the chairman of Borr's board and thus, as per the Market Abuse Directive, a person discharging managerial responsibilities in Borr (a «PDMR»).Mr. Trøim and his close associates will, following the completion of this transaction, own 17,722,385 shares in Borr Drillin ...