Borr Drilling Reports Q1 2026 Earnings and Operational Updates
Borr Drilling (BORR) reported $247 million in revenue for the first quarter of 2026, with adjusted EBITDA at $88.5 million. The company faced operational delays due to mobilization issues affecting its Odin rig, which impacted financial results and is expected to affect Q2 performance as well.
Tickers: $BORR
Topics: drilling operations financial performance oil and gas