|Bid||1.0600 x 4000|
|Ask||1.0800 x 21500|
|Day's Range||1.0300 - 1.1500|
|52 Week Range||0.2430 - 9.1200|
|Beta (5Y Monthly)||3.89|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.83|
Borr Drilling Limited (the "Company") (NYSE: BORR), (OSE: BDRILL) is pleased to announce in its fleet status report today that it has entered into a new contract and LOIs for three of its currently warm stacked rigs, adding USD 21 million to the total backlog, with good prospects for additional backlog on these units. The recent awards will bring the total number of committed and contracted rigs up to 14. The tender activity in the jack-up market troughed in March / April this year caused by the negative development in the oil price. There are now clear signs of increased activity levels, supported by an oil price of around USD 40/bbl.
The Annual General Meeting of Shareholders of Borr Drilling Limited (the "Company") will be held on August 10, 2020 in Bermuda.
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