Borr Drilling Limited

NYSE BORR

Borr Drilling Limited EBIT for the year ending December 31, 2023: USD 239.41 M

Borr Drilling Limited EBIT is USD 239.41 M for the year ending December 31, 2023, a 305.92% change year over year. EBIT means earnings before interest and taxes, it is calculated as operating income plus non-operating income.
  • Borr Drilling Limited EBIT for the year ending December 31, 2022 was USD -116.27 M, a -33.22% change year over year.
  • Borr Drilling Limited EBIT for the year ending December 31, 2021 was USD -87.27 M, a 62.86% change year over year.
  • Borr Drilling Limited EBIT for the year ending December 31, 2020 was USD -234.95 M, a -21.09% change year over year.
  • Borr Drilling Limited EBIT for the year ending December 31, 2019 was USD -194.03 M, a -9.08% change year over year.
Key data
Date EBIT EBITDA Net Income EPS (Diluted)
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NYSE: BORR

Borr Drilling Limited

CEO Mr. Patrick Arnold Henk Schorn
IPO Date July 30, 2019
Location Bermuda
Headquarters S.E. Pearman Building
Employees 1,884
Sector Energy
Industries
Description

Borr Drilling Limited operates as an offshore drilling contractor to the oil and gas industry worldwide. It owns, contracts, and operates jack-up rigs for operations in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production. The company serves oil and gas exploration and production companies, such as integrated oil companies, state-owned national oil companies, and independent oil and gas companies. As of December 31, 2021, it operated a fleet of 23 jack-up drilling rigs. 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.

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StockViz Staff

January 15, 2025

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