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| Date | Value |
|---|---|
| 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 |