Added to YB: 2026-09-29
Pitch date: 2026-09-24
BORR [neutral]
Borr Drilling Limited
+8.08%
current return
Author Info
No bio for this author
Company Info
Borr Drilling Limited operates as an offshore shallow-water drilling contractor to the oil and gas industry in the Americas, Southeast Asia, West Africa, the Middle East, North Africa, and Europe.
Market Cap
$1.5B
Pitch Price
$4.21
Price Target
N/A
Dividend
N/A
EV/EBITDA
9.71
P/E
-5.94
EV/Sales
3.73
Sector
Energy Equipment and Services
Category
turnaround
This Week In Special Situations - Borr Drilling
BORR (update): Borr Drilling insiders are betting on a jack-up earnings recovery: director Tor Olav Troim bought about 3.4M shares for roughly $14M since August 13 at a ~$4.20 average, lifting his stake to 9.9%, and CEO Bruno Morand also bought. The Odin began earning dayrate offshore Texas, ENI extended the Bestla to September 2027, and the Idun won a Vietnam campaign; leverage is severe at 6.2x trailing EBITDA after Q2 adjusted EBITDA halved to ~$44M.
Read full article (1 min)