BORR
Borr Drilling Limited3.7100
-0.2500-6.31%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Idle rigs, ME tenders detailed
Q&A fleshed out idle rig timelines and Middle East tender momentum, surfacing details absent from prepared remarks. Management pegs Sif back to work soon, Freya late 2026 or early 2027, while Aramco and KJO tenders progress toward mid-year awards needing rigs with specific tech specs that fit Borr's fleet. Mexico payments normalized with $46M Q4 collections and better terms on extensions; reactivation CapEx minimal save Var's $56M. M&A opportunistic amid 29-rig scale. Idle rigs get contracts first. Investors eye tender awards for rate inflection.
Key Stats
Market Cap
1.14BP/E (TTM)
13.25Basic EPS (TTM)
0.28Dividend Yield
0.01%BKR
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