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% on a QoQ basis from $1.4 million in Q4 2021.
Borr Drilling (BORR) has 3 years of Divestments data on file, last reported at -$7.1 million in Q1 2022.
- Quarterly Divestments fell 517.65% year-over-year to -$7.1 million in Q1 2022, while the trailing twelve-month figure through Mar 2022 was $9.7 million (changed N/A YoY) and the FY2021 annual result came in at $10.6 million, changed N/A from the prior year.
- Divestments retreated to -$7.1 million in Q1 2022 per BORR's latest filing, from $1.4 million in the prior quarter.
- Across five years, Divestments topped out at $13.7 million in Q4 2020 and bottomed at -$16.3 million in Q3 2020.
- The 3-year median for Divestments is $1.4 million (2021), against an average of -$1.3 million.
- The widest annual swing landed in 2021, when Divestments plunged 89.78%; it then plunged 517.65% in 2022.
- Tracing BORR's Divestments over 3 years: stood at $13.7 million in 2020, then sank by 89.78% to $1.4 million in 2021, then tumbled by 607.14% to -$7.1 million in 2022.
- Per Business Quant, the three latest BORR Divestments figures stand at -$7.1 million (Q1 2022), $1.4 million (Q4 2021), and $1.7 million (Q1 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | - |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | - |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | - |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | - |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | - |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | - |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | - |
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 |