Borr Drilling Limited
BORRBorr Drilling Limited (BORR) is a global provider of offshore shallow and deepwater drilling services. The company specializes in ultra-deepwater and harsh-environment drilling rigs, serving major oil and gas operators worldwide. Founded in 2017 and headquartered in Bermuda, Borr Drilling focuses on operating modern, reliable drilling rigs primarily used for exploration and development activities in challenging offshore locations.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| March 19, 2025 | $0.02 | 2025-03-03 | 2025-03-03 |
| December 16, 2024 | $0.02 | 2024-11-28 | 2024-11-29 |
| September 6, 2024 | $0.10 | 2024-08-21 | 2024-08-22 |
Dividends Summary
- Consistent Payer: Borr Drilling Limited has rewarded shareholders with 3 dividend payments over the past 1 years.
- Total Returned Value: Investors who held BORR shares during this period received a total of $0.14 per share in dividend income.
- Latest Payout: The most recent dividend of $0.02/share was paid 486 days ago, on March 19, 2025.
- Dividend Growth: Since 2024, the dividend payout has decreased by 80.0%, from $0.10 to $0.02.
Company News
Borr Drilling's Executive Chairman Patrick Schorn exercised stock options to acquire 1.2 million shares at $1.66 per share, increasing his direct holdings by 51% to 3.535 million shares. While insider buying is generally bullish, the transaction's impact is tempered by the fact that the shares were acquired through discounted employee options rat...
Borr Drilling stock fell nearly 10% after reporting Q1 2026 results that disappointed investors. While revenue grew 14% year-over-year to $247 million, the company's net loss deepened to $29 million, missing analyst expectations on both top and bottom lines. The decline was driven by expenses from rig purchases and a $8.4 million credit loss prov...
GeoSphere Capital Management acquired 1,385,000 shares of Borr Drilling (valued at $5.58 million) in Q4 2025, representing 1.84% of the fund's assets. The investment reflects renewed confidence in the offshore drilling sector as contract activity recovers and Borr's stock has surged 95% over the past year. Success depends on sustaining higher day...
Borr Drilling reported strong Q2 2025 results, securing $102.5 million in equity, expanding credit facilities, and maintaining high rig utilization amid global market shifts. The company is strategically positioning itself for growth and potential industry consolidation.
Borr Drilling Limited announced a cash distribution of US$0.02 per share for the fourth quarter of 2024, with ex-dates and payment dates for shares traded on NYSE and Euronext VPS.
