Stock Taper 
| DATE | TYPE | RATIO |
|---|---|---|
| 2021-12-14 | Reverse | 1:2 |
| 2019-07-30 | Reverse | 1:5 |
| 2019-06-26 | Reverse | 1:5 |
Borr Drilling Limited, based in Bermuda, operates a fleet of 23 jack-up rigs worldwide, providing offshore drilling services to oil and gas companies for exploration and production in shallow waters.
Borr Drilling operates a modern, 29-rig fleet of high-specification jack-up rigs, including recent acquisitions from Noble, to deliver safe, efficient shallow-water drilling services globally.
In a significant move to expand its fleet, Borr Drilling announced the acquisition of five premium jack-up rigs from Noble Corporation. The transaction, valued at $360 million, was financed through a combination of senior secured notes, seller's credit, and an equity offering of approximately $85 million, which put the company in the spotlight regarding its growth strategy and financial maneuvering.
In a significant move to bolster its market position, Borr Drilling announced an agreement to acquire five premium jack-up rigs from Noble Corporation for approximately $360 million. This acquisition will increase Borr's fleet from 24 to 29 rigs, positioning the company to capitalize on strengthening demand in the jack-up rig market.
HAMILTON, Bermuda, Sept. 30, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) ("Borr Drilling" or the "Company") is pleased to announce new commitments for three of its premium jack-up rigs.
Borr Drilling (NYSE: BORR - Get Free Report) and Dawson Geophysical (NASDAQ: DWSN - Get Free Report) are both small-cap energy companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, dividends, risk, profitability, institutional ownership, valuation and analyst recommendations. Profitability This table compares Borr Drilling and
Overall rating: C-
| PEER | PRICE | |
|---|---|---|
 GLP | $46.90 | COMPARE |
 TK | $14.84 | COMPARE |
 NBR | $79.64 | COMPARE |
 PDS | $84.91 | COMPARE |
 HPK | $7.85 | COMPARE |
 CAPL | $21.78 | COMPARE |
 VTS | $16.87 | COMPARE |
 SOC | $3.51 | COMPARE |
