In Southeast Asia, the "Gunnlod" has received a binding Letter of Award from an operator in Malaysia. The award covers a firm scope of seven wells, with an anticipated duration of 210 days, and is expected to commence in November 2024. Chief Commercial Officer, Bruno Morand, commented: Hamilton, Bermuda 26 July 2024 Contact: https://news.cision.com/borr-drilling-limited/r/borr-drilling-limited---contracting-update,c4019012 HAMILTON, Bermuda, July 26, 2024 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) ( ...

It's a myth that low-priced stocks have weak fundamentals or are speculative. While there can be purely speculative ideas among low-priced stocks, there are also some high-quality bets. This column focuses on dividend stocks under $10 that are fundamentally strong and look undervalued. In my view, these dividend stocks are poised for 100% returns within the next 24 months. Additionally, I expect steady dividend growth as revenue and EBITDA increases in the coming years. It's worth mentioning here that the S ...

Even with macroeconomic headwinds, crude oil has increased by 15% year-to-date. The key reason for the rally is the likelihood of potential rate cuts in the coming quarters. I believe oil will likely remain in an uptrend, and energy stocks will be back in the limelight. This column focuses on three oil and gas stocks under $10 positioned to surge from undervalued levels. An important point to note is that rate cuts will translate into a weaker dollar. This results in a rally for risky asset classes like equ ...

A combination of high-growth low PE stocks can be a game-changer for portfolio returns. Looking for stocks that match this criterion becomes more relevant at a time when the index is near all-time highs. There are several stocks that are trading at stretched valuations. In my view, the ideas discussed are worth considering with an investment horizon of 24 to 36 months. During this period, I would not be surprised if these stocks deliver 100% to 200% returns. Let's discuss the factors to be bullish. The mark ...

AvigatorPhotographer Note: Last month, leading offshore driller Borr Drilling reported Q1/2024 results somewhat below estimates due to a combination of slightly lower-than-expected revenues and higher financial and tax expenses: Company Press Release / Regulatory Filings Adjusted EBITDA margin of 49.9% reached new all-time highs with the company outperforming peers handsomely: Company Press Releases Borr Drilling ended the quarter with unrestricted cash and cash equivalents of $282.7 million and $1,979 mill ...

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. HAMILTON, Bermuda, June 3, 2024 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) advises that the 2024 Annual General Meeting will be held on August 14, 2024. The record date for voting at the Annual General Meeting is set to June 7, 2024. The notice, agenda and associated material will be distributed prior to the meeting. Hamilton, Bermuda June 3, 2024 Questions should ...

Borr Drilling Limited (NYSE:BORR) Q1 2024 Earnings Conference Call May 23, 2024 9:00 AM ET Company Participants Patrick Schorn - Chief Executive Officer Magnus Vaaler - Chief Financial Officer Bruno Morand - Chief Commercial Officer Conference Call Participants Nikhil Bhat - J.P. Morgan Operator Good day and thank you for standing by. Welcome to the Borr Drilling Limited First Quarter 2024 Results Presentation Webcast and Conference. At this time, all participants are in listen-only mode. After the speaker' ...

Forward Looking Statement The Company provides guidance on expected Adjusted EBITDA, which is a non-GAAP financial measure. Management evaluates the Company's financial performance in part based on the basis of actual and expected Adjusted EBITDA, which management believes enhances investors' understanding of the Company's overall financial performance by providing them with an additional meaningful relevant comparison of current and anticipated future results across periods. Due to the forward-looking natu ...

HAMILTON, Bermuda, May 23, 2024 /PRNewswire/ -- Please find enclosed the presentation of Borr Drilling Limited's first quarter 2024 results to be held on the webcast/conference call at 15:00 CEST (9:00 AM New York time) on May 23, 2024. In order to listen to the presentation, you may do one of the following: a) Webcast To access the webcast, please go to the following link: https://edge.media-server.com/mmc/p/hwxxiqsa b) Conference Call Please use this link to register for the conference call, https://regis ...

Borr Drilling Limited Unaudited Condensed Consolidated Statements of Operations (In $ millions except share and per share data) | --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------|----------------|-------------------| | | Notes | March 31, 2024 | December 31, 2023 | | ASSETS | | Unaudited | Audited | | Current assets | | | | | Cash and cash equivalen ...