Borr Drilling Limited (BORR)Energy | Oil & Gas Drilling | Hamilton, Bermuda | NYSE
5.45 USD
-0.09
(-1.715%) ⇩
(April 21, 2026, 1:45 p.m.
EDT)
Short-term: ★★☆☆☆ | Long-term: ★★★☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 18, 2026, 11:53 p.m. EDT
Despite recent debt restructuring headlines that caused a pullback, Borr Drilling has solidified its long-term upside thesis through aggressive call positioning (10.0 strike longs for 2027 expiry) and remains leveraged to oil prices. The current low valuation (32x PE trailing, 12x forward) combined with an exclusive (0.08% float shorting) suggests a setup where the market is correcting a sell-off rather than digging a value trap, though the company should be viewed as a volatile recovery play rather than a stable dividend payer. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.199690 |
| AutoETS | 0.199691 |
| MSTL | 0.205775 |
| AutoTheta | 0.227506 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 64% |
| H-stat | 1.64 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.081 |
| Excess Kurtosis | -0.54 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Ex Dividend Date | 2025-03-02 |
| Last Dividend Date | 2025-03-02 |
| Debt to Equity Ratio | 175.945 |
| Revenue per Share | 3.891 |
| Market Cap | 1,678,155,008 |
| Trailing P/E | 32.03 |
| Forward P/E | 12.05 |
| Beta | 1.09 |
| Profit Margins | 4.41% |
| Website | https://borrdrilling.com |
As of April 18, 2026, 11:53 p.m. EDT: Options data reveals a distinct bullish skew with heavy Call open interest (OI) concentrated at strikes of 5.0, 6.0, and significantly higher at 10.0-strike for Jan 2027, indicating strong long-term capital gains expectations or gap-up hedging. Notably, Call OI at Feb 2027 (10.0 strike) has surged 79.5% relative to previous levels, signaling institutional positioning for a major price expansion. Conversely, Put activity is heavily weighted toward deep out-of-the-money strikes (2.5 and 4.0), with very low OIN% in the money below current price, suggesting speculators are not pricing in a high probability of a crash, but rather a period of high volatility. The IV skew shows higher premiums for short-term OTM calls (April 2026) compared to puts, with a notable spike in call IV, suggesting traders expect a specific upward event in the near term rather than a general decline.
| Date | Dividend | Yield % |
|---|---|---|
| 2025-03-03 | 0.02 | 0.862069 |
| 2024-11-29 | 0.02 | 0.541901 |
| 2024-11-27 | 0.02 | 0.552278 |
| 2024-08-22 | 0.10 | 1.689804 |
| 2024-08-21 | 0.10 | 1.703933 |
| 2024-06-03 | 0.10 | 1.583760 |
| 2024-03-01 | 0.05 | 0.863257 |
| 2024-01-02 | 0.05 | 0.736108 |
| Attribute | Value |
|---|---|
| 52 Week Change | 2.0777779 |
| Address1 | S. E. Pearman Building |
| Address2 | 2nd Floor 9 Par-la-Ville Road |
| All Time High | 20.24 |
| All Time Low | 0.486 |
| Ask | 5.52 |
| Ask Size | 9,600 |
| Average Analyst Rating | 2.4 - Buy |
| Average Daily Volume10 Day | 8,173,690 |
| Average Daily Volume3 Month | 7,858,852 |
| Average Volume | 7,858,852 |
| Average Volume10Days | 8,173,690 |
| Beta | 1.093 |
| Bid | 5.52 |
| Bid Size | 23,000 |
| Book Value | 3.98 |
| City | Hamilton |
| Country | Bermuda |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 5.445 |
| Current Ratio | 2.191 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 5.69 |
| Day Low | 5.435 |
| Debt To Equity | 175.945 |
| Display Name | Borr Drilling |
| Dividend Date | 1,742,342,400 |
| Dividend Rate | 0.24 |
| Dividend Yield | 3.92 |
| Earnings Call Timestamp End | 1,779,368,400 |
| Earnings Call Timestamp Start | 1,779,368,400 |
| Earnings Timestamp | 1,779,307,200 |
| Earnings Timestamp End | 1,779,307,200 |
| Earnings Timestamp Start | 1,779,307,200 |
| Ebitda | 469,800,000 |
| Ebitda Margins | 0.46023 |
| Enterprise To Ebitda | 7.399 |
| Enterprise To Revenue | 3.405 |
| Enterprise Value | 3,476,064,000 |
| Eps Current Year | -0.06517 |
| Eps Forward | 0.45189 |
| Eps Trailing Twelve Months | 0.17 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,740,960,000 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 5.621 |
| Fifty Day Average Change | -0.17599964 |
| Fifty Day Average Change Percent | -0.03131109 |
| Fifty Two Week Change Percent | 207.77779 |
| Fifty Two Week High | 6.25 |
| Fifty Two Week High Change | -0.8049998 |
| Fifty Two Week High Change Percent | -0.12879997 |
| Fifty Two Week Low | 1.55 |
| Fifty Two Week Low Change | 3.8950002 |
| Fifty Two Week Low Change Percent | 2.5129035 |
| Fifty Two Week Range | 1.55 - 6.25 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,564,493,400,000 |
| Float Shares | 233,151,259 |
| Forward Eps | 0.45189 |
| Forward P E | 12.049393 |
| Free Cashflow | 158,775,008 |
| Full Exchange Name | NYSE |
| Full Time Employees | 2,030 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.52371 |
| Gross Profits | 534,600,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.24562 |
| Held Percent Institutions | 0.62592 |
| Implied Shares Outstanding | 308,201,075 |
| Industry | Oil & Gas Drilling |
| Industry Disp | Oil & Gas Drilling |
| Industry Key | oil-gas-drilling |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,740,960,000 |
| Last Dividend Value | 0.02 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,639,440,000 |
| Last Split Factor | 1:2 |
| Long Business Summary | 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. It owns, contracts, and operates jack-up rigs for operations in shallow-water areas, such as the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production. It serves oil and gas exploration and production companies, such as integrated oil companies, state-owned national oil companies, and independent oil and gas companies. The company was formerly known as Magni Drilling Limited and changed its name to Borr Drilling Limited in December 2016. Borr Drilling Limited was incorporated in 2016 and is based in Hamilton, Bermuda. |
| Long Name | Borr Drilling Limited |
| Market | us_market |
| Market Cap | 1,678,155,008 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_412495516 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | 45,000,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 1,707,433,955 |
| Number Of Analyst Opinions | 4 |
| Open | 5.59 |
| Operating Cashflow | 251,900,000 |
| Operating Margins | 0.25944 |
| Payout Ratio | 0.1176 |
| Phone | 441 542 9234 |
| Previous Close | 5.54 |
| Price Eps Current Year | -83.55072 |
| Price Hint | 2 |
| Price To Book | 1.3680905 |
| Price To Sales Trailing12 Months | 1.6439606 |
| Profit Margins | 0.04408 |
| Quick Ratio | 2.07 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.4 |
| Region | US |
| Regular Market Change | -0.09499979 |
| Regular Market Change Percent | -1.7147976 |
| Regular Market Day High | 5.69 |
| Regular Market Day Low | 5.435 |
| Regular Market Day Range | 5.435 - 5.69 |
| Regular Market Open | 5.59 |
| Regular Market Previous Close | 5.54 |
| Regular Market Price | 5.445 |
| Regular Market Time | 1,776,793,509 |
| Regular Market Volume | 4,280,292 |
| Return On Assets | 0.0571 |
| Return On Equity | 0.04062 |
| Revenue Growth | -0.014 |
| Revenue Per Share | 3.891 |
| Sand P52 Week Change | 0.34445214 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Shares Outstanding | 308,201,075 |
| Shares Percent Shares Out | 0.055999998 |
| Shares Short | 17,244,607 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 13,698,807 |
| Short Name | Borr Drilling Limited |
| Short Percent Of Float | 0.0729 |
| Short Ratio | 2.03 |
| Source Interval | 15 |
| Symbol | BORR |
| Target High Price | 6.8 |
| Target Low Price | 5.0 |
| Target Mean Price | 6.1375 |
| Target Median Price | 6.375 |
| Total Cash | 379,700,000 |
| Total Cash Per Share | 1.234 |
| Total Debt | 2,151,099,904 |
| Total Revenue | 1,020,800,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 0.17 |
| Trailing P E | 32.02941 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 3.7742 |
| Two Hundred Day Average Change | 1.6708002 |
| Two Hundred Day Average Change Percent | 0.4426899 |
| Type Disp | Equity |
| Volume | 4,280,292 |
| Website | https://borrdrilling.com |
| Zip | HM11 |