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.
Earnings for Borr Drilling Limited (BORR)
Earnings in 2023 (TTM): $56.1 M
According to Borr Drilling Limited's latest financial reports the company's current earnings (TTM) are $56.1 M. The earnings displayed on this page is the company's Pretax Income.
Earnings history of Borr Drilling Limited
Annual Earnings
| Year | Income Before Tax | Net Income |
|---|---|---|
| 2023 | $56.1 M | $22.1 M |
| 2022 | $-274,400,000 | $-292,800,000 |
| 2021 | $-183,300,000 | $-193,000,000 |
| 2020 | $-289,000,000 | $-305,200,000 |
| 2019 | $-296,900,000 | $-308,100,000 |
| 2018 | $-188,400,000 | $-190,500,000 |
| 2017 | $-88,000,000 | $-88,000,000 |
| 2016 | $-734,703 | $-736,654 |