Borr Drilling (BORR) Divestments (2020 - 2022)

Borr Drilling (BORR) reported Divestments of -$7.1 million for Q1 2022, down 517.65% year-over-year from $1.7 million in Q1 2021, and down 607.14% quarter-over-quarter from $1.4 million in Q4 2021.

Borr Drilling (BORR) Divestments (2020 - 2022) Analysis & Trends

Borr Drilling (BORR) has 3 years of Divestments data on file, last reported at -$7.1 million in Q1 2022.

  • Divestments for Q1 2022 came in at -$7.1 million, down 517.65% year-over-year; the trailing twelve-month figure through Mar 2022 was $9.7 million (changed N/A YoY), and the FY2021 annual result was $10.6 million, changed N/A from the prior year.
  • Divestments fell to -$7.1 million in Q1 2022 per BORR's latest filing, from $1.4 million in the prior quarter.
  • Over five years, Divestments peaked at $13.7 million in Q4 2020 and troughed at -$16.3 million in Q3 2020.
  • A 3-year average of -$1.3 million and a median of $1.4 million in 2021 frame the typical range for Divestments.
  • The sharpest annual moves came in 2021 and 2022: Divestments slumped 89.78% in 2021, then slumped 517.65% in 2022.
  • A 3-year view of Divestments shows it stood at $13.7 million in 2020, then tumbled by 89.78% to $1.4 million in 2021, then sank by 607.14% to -$7.1 million in 2022.
  • Business Quant data shows BORR's Divestments at -$7.1 million in Q1 2022, $1.4 million in Q4 2021, and $1.7 million in Q1 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn -
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn -
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn -
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn -
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn -
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn -
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn -
9 Borr Drilling 1.40 Bn 1.16 Bn - -
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2022 -7.10 Mn
Dec 31, 2021 1.40 Mn
Mar 31, 2021 1.70 Mn
Dec 31, 2020 13.70 Mn
Sep 30, 2020 -16.30 Mn