Borr Drilling’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Borr Drilling is an energy company that provides drilling services to the oil and gas industry. Read more

Patrick Schorn's photo - CEO of Borr Drilling

CEO

Patrick Schorn

CEO Approval Rating

90/100

Founded:

2016

Status:

PublicOtherBDRILL

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Seadrill is Borr Drilling's #1 rival. Seadrill is a Public company that was founded in London, England in 1972. Like Borr Drilling, Seadrill also works within the Oil & Gas Drilling field. Seadrill has 3,844 more employees vs. Borr Drilling.

Patterson-UTI is perceived as one of Borr Drilling's biggest rivals. Patterson-UTI was founded in 1978, and is headquartered in Houston, Texas. Like Borr Drilling, Patterson-UTI also operates in the Oil & Gas Drilling sector. Patterson-UTI generates $1.4B more revenue vs. Borr Drilling.

Pacific Drilling is a top competitor of Borr Drilling. Pacific Drilling is a Public company that was founded in 2006 in Luxembourg, Luxembourg. Like Borr Drilling, Pacific Drilling also operates in the Oil & Gas Drilling space. Compared to Borr Drilling, Pacific Drilling has 69 more employees.

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Competitor - 1/1

Is Trinidad Drilling a competitor of Borr Drilling?

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$377.4M

Borr Drilling's revenue is the ranked 14th among it's top 10 competitors. The top 10 competitors average 2.9B. Over the last four quarters, Borr Drilling's revenue has decreased by 18.2%. Specifically, in Q2 2020's revenue was $84M; in Q1 2020, it was $104.1M; in Q4 2019, it was $270M; in Q3 2019, Borr Drilling's revenue was $102.7M.

Acquisitions

No recent acquisitions found related to Borr Drilling

Borr Drilling Funding History

$49.9M

Since Borr Drilling was founded in 2016, it has participated in 1 round of funding. In total Borr Drilling has raised $49.9M. Borr Drilling's funding round was on Jul 2019 for a total of $49.9M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Jul 2019
$49.9M

Total Funding: $49.9M

Since Borr Drilling was founded in 2016, it has participated in 1 round of funding. In total Borr Drilling has raised $49.9M. Borr Drilling's funding round was on Jul 2019 for a total of $49.9M

Investments

No recent investments found related to Borr Drilling

Borr Drilling News

September 23, 2020MarketScreener

Oil rig owner Borr to delay debt repayment, plans stock issue to weather downturn

(marketscreener.com) Oil rig operator Borr Drilling Ltd has agreed with lenders to postpone the deadl... See more »
September 23, 2020Gulf Oil and Gas

Key Information Relating to a Potential Subsequent Offering

Reference is made to the stock exchange release on 22 September 2020 where Borr Drilling Limited anno... See more »
September 22, 2020MarketScreener

Investor Presentation September 2020

(marketscreener.com) Borr Drilling Limited Creating Further Runway September 22, 2020 Building the be... See more »
September 21, 2020MarketScreener

- Contemplated Equity Offering of USD 40-50 Million

(marketscreener.com) HAMILTON, Bermuda, Sept. 22, 2020 /PRNewswire/ -- Borr Drilling Limited is conte... See more »
September 8, 2020Rigzone

Borr Drilling Gets NYSE Notice

Borr Drilling Limited (NYSE: BORR, OSE: BDRILL) announced Monday that it has received written notice ... See more »
August 31, 2020MarketScreener

2nd Quarter 2020 Results

(marketscreener.com) Borr Drilling Limited Announces Preliminary Results for the Second Quarter of 20... See more »

Borr Drilling Press Releases

June 16, 2020Cision

Borr Drilling Limited files its 2019 Annual Report on Form 20-F and releases its 2019 Sustainability and Corporate Governance reports

Hamilton, Bermuda, June 15, 2020. Borr Drilling Limited (the "Company") (NYSE: BORR, OSE: BDRILL)... See more »
August 2, 2019CentralCharts

Borr Drilling Announces Full Exercise of Underwriters' Over-Allotment Option in U.S. Initial Public Offering

Borr Drilling Limited (NYSE: BORR) (OSE: BDRILL) (the "Company" or "Borr Drilling") today announced t... See more »
August 28, 2017GlobeNewswire

Admission to trading of Borr Drilling Limited on First North NOK (242/17)

Nasdaq Stockholm AB has admitted Borr Drilling Limited shares to trading on First North NOK, with eff... See more »

Borr Drilling Videos

Headquarters

9 Par-la-Ville Road E. Pearman Building, 2nd Floor

Hamilton, OtherHM11

44-0-1224-289200

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Summary

ABOUT

Overview

Borr Drilling is an energy company that provides drilling services to the oil and gas industry. Borr Drilling was founded in 2016. Borr Drilling's headquarters is located in Hamilton, Other, BM HM11. It has raised 49.9M in 1 round. The latest round wa...

CEO

Borr Drilling's CEO, Patrick Schorn, currently has an approval rating of 90%. Borr Drilling's primary competitors are Seadrill, Patterson-UTI & Pacific Drilling.

Website

borrdrilling.com

Frequently Asked Questions about Borr Drilling

  1. When was Borr Drilling founded?

    Borr Drilling was founded in 2016
  2. Who is Borr Drilling's CEO?

    Borr Drilling's CEO is Patrick Schorn
  3. How much revenue does Borr Drilling generate?

    Borr Drilling generates $377.4M in revenue
  4. How much funding does Borr Drilling have?

    Borr Drilling has historically raised $49.9M in funding
  1. Where is Borr Drilling's headquarters?

    Borr Drilling's headquarters is in Hamilton Other, BM
  2. How many employees does Borr Drilling have?

    Borr Drilling has 694 employees
  3. What sector does Borr Drilling operate in?

    Borr Drilling is in Oil & Gas Exploration, Production, Sales, Oil & Gas Drilling
  4. Who are Borr Drilling's competitors?

    Borr Drilling's top competitors are Seadrill, Patterson-UTI, Pacific Drilling