Borr Drilling has reported decent Q4 and FY 2025 results, which were better than consensus and came in at the top end of management's guidance. Rig utilisation levels, contract coverage and the day-rate environment were robust. Cash-flow development was positive, supported by proceeds from the share issue. We expect FY 2026 to be a year of stabilisation, with limited earnings upside mitigated by a well-managed cost structure. Liquidity is ample.
AUCTUS PUBLICATIONS ________________________________________ ADX Energy Exploration (ADX AU)C; Target price of A$0.20 per share: Momentum accelerating. Potential resources increase in Austria – The Welchau‑1 well is scheduled for re‑entry in February to test the Reifling reservoir. An acid stimulation will be performed on the perforated interval to address wellbore damage and improve productivity in the carbonate section. The operation should also yield additional insight into the deeper Welchau...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.