
What smart money is saying about Borr Drilling
2 funds in our archive have pitched Borr Drilling — most recently Highwood Value Partners in December 2025.
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.
Fund coverage · 2 theses
- Highwood Value PartnersDecember 2025
Borr Drilling is a Norwegian jack-up rig owner with sharply improved EBITDA, tightening day-rate dynamics, and supply-side tailwinds while the share price lags intrinsic value.
Read the full thesis - Highwood Value PartnersDecember 2024
Borr Drilling is a compelling investment opportunity due to its high-quality, young assets and favorable market dynamics that suggest significant free cash flow generation as rig rates normalize.
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