Borr Drilling Ltd., the largest pure-play modern jack-up contractor, has released an investor presentation highlighting its current operational and financial performance. The company operates a fleet of 24 modern premium jack-up rigs, with an average fleet age of 8.1 years and 23 rigs currently active across multiple international markets, including the North Sea, Mexico, USA, Africa, the Middle East, Asia, and South America. For the last twelve months ending Q3 2025, Borr Drilling reported revenue of $1,025 million and adjusted EBITDA of $502 million, reflecting year-over-year growth of 6% and 4%, respectively. The company's average dayrate stands at $145,000, and its contract coverage for 2025 is at 85%. Q3 2025 liquidity was reported at $462 million, with annual debt amortization of $135 million and an adjusted EBITDA margin of 48.9%. Borr Drilling also detailed a planned acquisition of five premium jack-up rigs for $360 million, aiming to expand its fleet size by approximately 21%. The acquisition is intended to enhance the company's operational capacity and meet anticipated demand in core markets such as Saudi Arabia and Mexico. You can access the full presentation through the link below.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Borr Drilling Ltd. published the original content used to generate this news brief on December 08, 2025, and is solely responsible for the information contained therein.
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