Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Borr Drilling (BORR) Fell This Week. Here is Why [Yahoo! Finance]

Borr Drilling Limited Common Shares (BORR) 
Company Research Source: Yahoo! Finance
Borr Drilling Limited (NYSE:BORR) is an offshore shallow-water drilling contractor providing worldwide offshore drilling services to the oil and gas industry. Borr Drilling Limited (NYSE:BORR) slid after announcing an equity offering of 21 million shares on December 8, expecting to raise $84 million in gross total proceeds. The company has priced the offering at $4 per share and plans to use the proceeds for the acquisition of five jackup rigs from Noble Corporation plc (NYSE:NE) for $360 million and for general corporate purposes. The deal will be financed through $150 million in additional senior secured notes due 2030 and $150 million seller's credit due 2032, on top of the equity offering. The acquisition, expected to close in Q1 2026, will expand Borr's fleet size to 29 rigs. Bruno Morand, CEO at Borr Drilling Limited (NYSE:BORR), commented: “This acquisition represents a compelling strategic and financial opportunity for Borr Drilling. We are acquiring these rigs at an 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
Opt-in for BORR alerts
Opt-in for
BORR alerts

from News Quantified
Opt-in for
BORR alerts

from News Quantified