Borr Drilling Limited operates as an offshore shallow-water drilling contractor to the oil and gas industry in the Americas, Southeast Asia, West Africa, the Middle East, North Africa, and Europe. It owns, contracts, and operates jack-up rigs for operations in shallow-water areas, such as the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production. It serves oil and gas exploration and production companies, such as integrated oil companies, state-owned national oil companies, and independent oil and gas companies. The company was formerly known as Magni Drilling Limited and changed its name to Borr Drilling Limited in December 2016. Borr Drilling Limited was incorporated in 2016 and is based in Hamilton, Bermuda.
Research context
Borr Drilling Ltd appears in PyInvesting’s US Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
- Sector
- Energy
- Industry
- Oil & Gas Drilling
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5 years, 6 months ago
Borr Drilling Limited is currently in a long term downtrend where the price is trading 14.7% below its 200 day moving average.
From a valuation standpoint, the stock is 93.8% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.5.
Borr Drilling Limited's total revenue sank by 35.2% to $60M since the same quarter in the previous year.
Its net income has increased by 22.6% to $-47M since the same quarter in the previous year.
Finally, its free cash flow fell by 19.0% to $-41M since the same quarter in the previous year.
Based on the above factors, Borr Drilling Limited gets an overall score of 2/5.