Borr Drilling(BORR)
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Borr Drilling Limited - Invitation to webcast and conference call Q4 2023 results
PRNewsWire· 2024-02-20 02:47
HAMILTON, Bermuda, Feb. 19, 2024 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) and (OSE: BORR) plans to release its financial results for the fourth quarter 2023 on Thursday, February 22, 2024.A conference call and webcast is scheduled for 15:00 CET (9:00 AM New York Time) and participants are encouraged to dial in 10 minutes before the start of the call. The earnings report and presentation will be available from the Investor Relations section on www.borrdrilling.com.In order to listen to the presenta ...
Borr Drilling Limited - Contracting Update
Prnewswire· 2024-02-12 07:15
HAMILTON, Bermuda, Feb. 12, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) is pleased to announce new contract commitments totaling 495 days and $82.2 million in contract revenue for three of its premium jack-up rigs, excluding mobilization and demobilization compensation. Firstly, BW Energy has extended the contract for the "Norve" by approximately two months through July 2024. The "Mist" has secured a contract extension from a subsidiary of Valeura Energy in Thailand. ...
Borr Drilling(BORR) - 2023 Q3 - Earnings Call Transcript
2023-11-16 16:51
Company Participants Magnus Vaaler - Chief Financial Officer Conference Call Participants Rishad Ahmed - Emso Asset Management Operator Patrick Schorn Dayrates have continued to appreciate as demonstrated by our latest previously announced fixtures for the Prospector 5, the Natt and the Idun. In addition, we are pleased to announce a 15 month extension for the Skald at a daily rate of $165,000 per day. The Ran and Hild have recently commenced their new contracts, bringing the operating fleet to 21 rigs. We ...
Borr Drilling(BORR) - 2023 Q2 - Earnings Call Presentation
2023-08-17 18:44
ADJUSTED EBITDA & AVERAGE OPERATING RIGS1 STRONG 2024 VISIBILITY AND ADDITIONAL UPSIDE Source: Company Data (Borr Drilling) as of August 17th 2023 1: Contract coverage shown including priced options as percentage. Average dayate shown both including and excluding priced options. Calculated dividing total contract backlog by backlog days, Backlog is including five rigs operating in Mexico under a JV on 100% basis and mobilization revenues ✓ Strong Q2 2023 with 45% Adj. EBITDA margin and an earnings fall thro ...
Borr Drilling(BORR) - 2023 Q2 - Earnings Call Transcript
2023-08-17 18:23
Borr Drilling Limited (NYSE:BORR) Q2 2023 Earnings Conference Call August 17, 2023 9:00 AM ET Company Participants Patrick Schorn - CEO Magnus Vaaler - CFO Bruno Morand - VP, Commercial Conference Call Participants Gregory Lewis - BTIG Fredrik Stene - Clarksons Securitie Operator Good day, and thank you for standing by. Welcome to the Borr Drilling Limited Second Quarter 2023 Results Presentation Webcast and Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ prese ...
Borr Drilling(BORR) - 2023 Q2 - Quarterly Report
2023-08-16 16:00
| --- | --- | |----------------------|------------| | | Maturities | | (In $ millions) | | | 2023 | 50.0 | | 2024 | 114.0 | | 2025 | 870.9 | | 2026 | 322.8 | | Thereafter | 250.0 | | Total principal debt | 1,607.7 | At June 30, 2023 the scheduled maturities of our debt were as follows: Set forth below is a summary of some of the key terms of our New Secured Facility with DNB Bank ASA ("DNB Facility"), our Unsecured Convertible Bonds due in 2028 and our Senior Secured Bonds due in 2026, which were issued, en ...
Borr Drilling(BORR) - 2023 Q1 - Earnings Call Presentation
2023-05-23 16:42
38.0 157.4 360-400 0 50 100 150 200 250 300 350 400 450 FY 2021 FY 2022 2023E Guidance $M Source: International Energy Agency UTILIZATION AT HIGH LEVELS OVER 30% OF FLEET BEYOND RETIREMENT AGE MASTER 24 Q1 2023 PRESENTATION May 23, 2023 MASTER This announcement includes forward looking statements. Forward looking statements are, typically, statements that do not reflect historical facts and may be identified by words such as "anticipate", "believe", "continue", "estimate", "expect", "intends", "may", "shoul ...
Borr Drilling(BORR) - 2023 Q1 - Earnings Call Transcript
2023-05-23 16:42
We have a set of equipment that is working very well for us and allows us to perform at very high levels. So whatever we would do, when you think of consolidation or any type of M&A type of work, we would want that to be safeguarded. So whatever we need to do needs to be with assets that are of similar nature as ours, obviously, to keep that performance on where it needs to be. But from that point, we are looking at things that could be possible, but like I said, we have a very strong commitment to the divi ...
Borr Drilling(BORR) - 2022 Q4 - Annual Report
2023-03-29 16:00
ITEM 3. KEY INFORMATION A. [RESERVED] B. CAPITALIZATION AND INDEBTEDNESS Not applicable. C. REASONS FOR THE OFFER AND USE OF PROCEEDS Not applicable. 6 D. RISK FACTORS Our business, financial condition, results of operations and liquidity can suf er materially as a result of any of the risks described below. While we have described all of the risks we consider material, these risks are not the only ones we face. We are also subject to the same risks that af ect many other companies, such as technological ob ...
Borr Drilling(BORR) - 2022 Q3 - Earnings Call Transcript
2022-11-17 18:45
Borr Drilling Limited (NYSE:BORR) Q3 2022 Earnings Conference Call November 17, 2022 9:00 AM ET Company Participants Patrick Schorn - Chief Executive Officer Magnus Vaaler - Chief Financial Officer Conference Call Participants Fredrik Stene - Clarksons Platou Securities Gregory Lewis - BTIG Patrick Schorn Good morning, and thank you for participating in the Borr Drilling Third Quarter 2022 Earnings Call. I'm Patrick Schorn talking to you from Bermuda, and with me here today is Magnus Vaaler, our CFO. Next s ...