Oil Drilling

Search documents
Borr Drilling(BORR) - 2025 Q2 - Earnings Call Presentation
2025-08-14 13:00
Financial Performance - Adjusted EBITDA for Q2 2025 was $133.2 million, representing a 49.8% Adjusted EBITDA margin[8] - Total operating revenues in Q2 2025 reached $267.7 million, a 24% increase compared to $216.6 million in Q1 2025[14] - The company expects Q3 activity to be at similar levels to Q2[28] - The company is comfortable with the 2025 Adjusted EBITDA consensus of approximately $470 million[28] Fleet and Contract Coverage - The company has 22 active rigs out of a fleet of 24 modern rigs[8] - Full year 2025 contract coverage is at 84% with an average dayrate of $145,000, which includes approximately 5.5% coverage related to suspension periods in Mexico[8, 9] - The company added $318 million in backlog revenue year-to-date in 2025[16] - The average day rate for new commitments year-to-date in 2025 is $123,000[16] - The company's 2026 contract coverage is at 47% with an average dayrate of $139,000[20] Liquidity and Balance Sheet - Pro forma liquidity stands at $425 million post July transactions[8] - Debt amortization is $135 million per annum[8]
X @Bloomberg
Bloomberg· 2025-08-11 13:04
Toxic wastewater from shale drilling is threatening to contaminate wells in top US oil fields, Texas agency warns https://t.co/lX5ukZyjQx ...
Borr Drilling Limited - Invitation to webcast and conference call Q2 2025 results
Prnewswire· 2025-07-24 09:03
Core Points - Borr Drilling Limited plans to release its financial results for the second quarter of 2025 on August 13, 2025, after the close of the New York Stock Exchange [1] - A conference call and webcast are scheduled for August 14, 2025, at 9:00 AM New York Time [1] - Participants are encouraged to join the call 10 minutes early [1] Access Information - The earnings report, webcast, and presentation will be available on the Investor Relations section of the company's website [2] - 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] Replay Information - A replay of the conference call will be available for streaming after the call concludes [3] - Contact information for inquiries is provided, including the CFO's contact details [3]