Borr Drilling: Generous Dividend Increase Is A Strong Sign Of Confidence - Hold

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 ...