NASDAQ:BORR - Borr Drilling Stock Price, News & Analysis

$7.30
+0.55 (+8.15 %)
(As of 09/16/2019 11:01 AM ET)
Today's Range
$7.30
Now: $7.30
$7.30
50-Day Range N/A
52-Week Range
$4.76
Now: $7.30
$23.35
Volume200 shs
Average Volume31,461 shs
Market Capitalization$803.50 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Borr Drilling Limited operates as an offshore drilling contractor to the oil and gas industry worldwide. As of December 31, 2018, the company operated a fleet of 27 jack-up drilling rigs. It provides drilling services to the oil and gas exploration and production industry. The company was formerly known as Magni Drilling Limited. Borr Drilling Limited was founded in 2016 and is based in Hamilton, Bermuda.

Industry, Sector and Symbol

Industry Oil & Gas Drilling
Sub-IndustryN/A
SectorEnergy
Current SymbolNASDAQ:BORR
CUSIPN/A
CIKN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees592
Market Cap$803.50 million
Next Earnings Date12/5/2019 (Estimated)
OptionableNot Optionable

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Borr Drilling (NASDAQ:BORR) Frequently Asked Questions

What is Borr Drilling's stock symbol?

Borr Drilling trades on the NASDAQ under the ticker symbol "BORR."

How were Borr Drilling's earnings last quarter?

Borr Drilling Limited (NASDAQ:BORR) posted its earnings results on Thursday, August, 29th. The company reported ($0.98) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.26) by $0.72. The business earned $86.60 million during the quarter. View Borr Drilling's Earnings History.

When is Borr Drilling's next earnings date?

Borr Drilling is scheduled to release their next quarterly earnings announcement on Thursday, December 5th 2019. View Earnings Estimates for Borr Drilling.

What price target have analysts set for BORR?

1 brokers have issued 12-month target prices for Borr Drilling's shares. Their forecasts range from $6.00 to $6.00. On average, they expect Borr Drilling's stock price to reach $6.00 in the next year. This suggests that the stock has a possible downside of 17.8%. View Analyst Price Targets for Borr Drilling.

What is the consensus analysts' recommendation for Borr Drilling?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Borr Drilling in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Borr Drilling.

Has Borr Drilling been receiving favorable news coverage?

News stories about BORR stock have trended somewhat positive this week, InfoTrie reports. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Borr Drilling earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Borr Drilling.

Who are some of Borr Drilling's key competitors?

What other stocks do shareholders of Borr Drilling own?

Who are Borr Drilling's key executives?

Borr Drilling's management team includes the folowing people:
  • Mr. Svend Anton Maier, Chief Exec. Officer (Age 54)
  • Mr. Rune Magnus Lundetræ, Deputy CEO & CFO (Age 42)
  • Mr. Tor Olav Trøim, Founder & Chairman (Age 56)
  • Vidar Hasund, Chief Accounting Officer
  • Magnus Vaaler, Investor Relations Officer

When did Borr Drilling IPO?

(BORR) raised $51 million in an IPO on Wednesday, July 31st 2019. The company issued 5,000,000 shares at a price of $10.16 per share. Goldman Sachs and DNB Markets served as the underwriters for the IPO and BTIG, Citigroup, Danske Markets and Evercore ISI were co-managers.

When did Borr Drilling's quiet period expire?

Borr Drilling's quiet period expired on Monday, September 9th. Borr Drilling had issued 5,000,000 shares in its initial public offering on July 31st. The total size of the offering was $46,500,000 based on an initial share price of $9.30. During Borr Drilling's quiet period, underwriters and any insiders involved in the IPO were prevented from issuing any research reports or earnings estimates for the company because of SEC regulations. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.

How do I buy shares of Borr Drilling?

Shares of BORR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Borr Drilling's stock price today?

One share of BORR stock can currently be purchased for approximately $7.30.

How big of a company is Borr Drilling?

Borr Drilling has a market capitalization of $803.50 million. Borr Drilling employs 592 workers across the globe.View Additional Information About Borr Drilling.

What is Borr Drilling's official website?

The official website for Borr Drilling is http://www.borrdrilling.com/.


MarketBeat Community Rating for Borr Drilling (NASDAQ BORR)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  7 (Vote Outperform)
Underperform Votes:  12 (Vote Underperform)
Total Votes:  19
MarketBeat's community ratings are surveys of what our community members think about Borr Drilling and other stocks. Vote "Outperform" if you believe BORR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BORR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/16/2019 by MarketBeat.com Staff

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