Borr Drilling Ltd
Close on Oct 19, 2026
- Market cap
- $1.36B
- P/E (TTM)
- 26.1
- Dividend yield
- 0.45%
About Borr Drilling
Drilling Oil & Gas Wells, SIC 1381
Borr Drilling Limited is an offshore shallow-water drilling contractor that provides drilling services to the oil and gas industry worldwide. The company specializes in the ownership, contracting, and operation of premium jack-up rigs in water depths up to approximately 400 feet, providing equipped units and personnel to perform exploration, development drilling, and workover services. Its primary customers comprise integrated international oil companies, state-owned national oil enterprises, and independent exploration and production operators, contracting rigs largely under dayrate arrangements.
The contractor maintains an international footprint spanning major offshore oil-producing regions, including Southeast Asia, the Americas, West Africa, the Middle East and North Africa, and Europe. Its fleet includes 29 premium jack-up drilling units, with 25 active or contracted across operations in nations such as Mexico, Brazil, Saudi Arabia, Qatar, the United Arab Emirates, Vietnam, Thailand, Nigeria, Gabon, the Ivory Coast, the United States, Germany, and the Netherlands. Principal executive offices are located in Hamilton, Bermuda.
Summary of the business section of Borr Drilling's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Borr Drilling Ltd
- Founded
- 2016
- Headquarters
- Hamilton, D0
- Address
- S.E. Pearman Building, 2nd Floor 9 Par-La-Ville Road HM11
- Phone
- (472) 248-3000
- Website
- borrdrilling.com
- Employees
- 2,719, Dec 31, 2024
- Industry
- Drilling Oil & Gas Wells
- Incorporated in
- D0
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Watford, United Kingdom
Stock & identifiers
- Ticker
- BORR
- Exchange
- NYSE
- IPO date
- Aug 1, 2019
- Shares outstanding
- 307M, Dec 31, 2025
- Filer category
- Accelerated filer
- Stock splits
- 1-for-2 reverse, Dec 14, 2021; 1-for-2 reverse, Dec 14, 2021
- SEC CIK
- 1715497
- CUSIP
- G1466R173
- ISIN
- USG1466R1733
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Mi Hong Yoon | Company Secretary, Director | – |
| De Oliveira Bruno Morand | Chief Executive Officer | 1,015,328 |
| Harvey Edward Snowling | Chief Operating Officer | 145,944 |
| Magnus Vaaler | Chief Financial Officer | 247,086 |
| Jehan Mawjee | Chief Accounting Officer | 57,826 |
| Charles (Chuck) Lee | SVP - General Counsel | 68,500 |
| Jason Philip Crowe | SVP - Commercial | 107,216 |
| Tor Olav Troim | Director | 30,617,808 |
| Jeffrey Currie | Director | 479,423 |
| Patrick Schorn | Director | 3,535,000 |
| Thiago Mordehachvili | Director | 38,199,677 |
| Alexandra Kate Blankenship | Director | 329,420 |
| Daniel Wayne Rabun | Director | 104,423 |
| Neil James Glass | Director | 269,547 |
Employees
Headcount reported in annual reports
“The table below presents our employees and contractors by function: … Total 2,719 2,869 2,504”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jun 16, 2020 | Late filing | Notification of late filing |
| Aug 1, 2019 | IPO | Initial public offering priced (424B4 prospectus) |
| Jul 29, 2019 | Listing | Registration of securities on an exchange (Form 8-A) |