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home / news releases / BORR - Borr Drilling: Likely To Benefit From Industry-Wide Tailwinds

BORR - Borr Drilling: Likely To Benefit From Industry-Wide Tailwinds

Borr Drilling Ltd

2023-04-11 00:50:51 ET

Summary

  • Borr Drilling is an Oslo-listed offshore drilling contractor specializing in the shallow-water jack-up markets.
  • After exiting a Covid-induced period of restructuring, the firm is finding its feet, revising 2023 sales and earnings guidance already.
  • A tightening of rig supply is likely to support day rates and max out utilization.
  • But a close eye must be kept on contract awards and capital discipline.

For further details see:

Borr Drilling: Likely To Benefit From Industry-Wide Tailwinds
Stock Information
Company Name: Borr Drilling Ltd
Stock Symbol: BORR
Market: NYSE
Website: borrdrilling.com
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