Borr Drilling Ltd (NYSE:BORR)
$ 4.03 0.03 (0.75%) Market Cap: 1.03 Bil Enterprise Value: 2.84 Bil PE Ratio: 12.21 PB Ratio: 1.09 GF Score: 64/100

Q2 2022 Borr Drilling Ltd Earnings Call Transcript

Aug 09, 2022 / 01:00PM GMT
Release Date Price: $3.77 (-8.27%)
Operator

Ladies and gentlemen, hello, and welcome to the Borr Drilling Limited Q2 2022 Results Presentation. My name is Maxine, and I'll be coordinating the call today. (Operator Instructions) I will now hand you over to your host, Patrick Schorn, CEO, to begin. Patrick, please go ahead when you're ready.

Patrick Arnold Henk Schorn
Borr Drilling Limited - CEO

Good day, and thank you for participating in the Borr Drilling Second Quarter 2022 Earnings Call. I'm Patrick Schorn, and I'm talking to you from London. And with me on the call today is Magnus Vaaler, our CFO.

Next slide. First, covering the necessary. I would like to remind all participants that some of the statements will be forward-looking. These matters involve risks and uncertainties that could cause actual results to differ materially from those projected in these statements. I therefore refer you to our latest public filings.

Next slide. I'm very pleased how the market has developed over the quarter. We have seen increased interest in our assets. Day rates are increasing to levels of

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