Borr Drilling Limited - Contracting Update
Borr Drilling Limited Common Shares (BORR)
Company Research
Source: PR Newswire
HAMILTON, Bermuda, April 9, 2024 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: BORR) (OSE: BORR) is pleased to announce new contract commitments for three of its premium jack-up rigs, the "Prospector 1", the "Gunnlod", and a rig to be determined. The commitments total 820 days and $158.6 million in contract revenue, inclusive of mobilization and demobilization compensation.In the North Sea, multiple contracts have been secured totaling 250 days of backlog that commenced in March 2024.In Southeast Asia, the Company has secured a one well commitment, with an anticipated duration of 90 days, that will commence in May 2024.Finally, an undisclosed customer has issued a firm and binding Letter of Award for a campaign expected to commence between Q4 2024 and Q1 2025, with an estimated duration of 480 days.Hamilton, Bermuda9 April 2024Forward looking statementsThis press release includes forward looking statements, which do not reflect historical facts and may be identified by
Show less
Read more
Impact Snapshot
Event Time:
BORR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BORR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BORR alerts
High impacting Borr Drilling Limited Common Shares news events
Weekly update
A roundup of the hottest topics
BORR
News
- Valaris drilling rig suspended in Saudi Arabia [Seeking Alpha]Seeking Alpha
- Borr Drilling sinks as rig suspends operations in Saudi Arabia [Seeking Alpha]Seeking Alpha
- Borr Drilling Limited - Contracting update [Yahoo! Finance]Yahoo! Finance
- Borr Drilling Limited - Contracting updatePR Newswire
- DWSN, INDO among major energy gainers; BORR, AMTX major losers [Seeking Alpha]Seeking Alpha
BORR
Analyst Actions
- 2/23/24 - Evercore ISI Group
BORR
Sec Filings
- 4/9/24 - Form 6-K
- 4/4/24 - Form 6-K
- 3/27/24 - Form 20-F
- BORR's page on the SEC website