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Borr Drilling Terminates Contracts Amid Sanctions

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Borr Drilling Terminates Contracts Amid Sanctions

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Borr Drilling ( (BORR) ) has shared an update.

On October 24, 2025, Borr Drilling Limited announced the termination of two drilling contracts due to international sanctions affecting a counterparty. The contracts for the rigs Odin and Hild in Mexico, which were set to last until November 2025 and March 2026 respectively, were impacted. This decision underscores the company’s dedication to compliance with international regulations, potentially affecting its operations and stakeholder relations.

The most recent analyst rating on (BORR) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Borr Drilling stock, see the BORR Stock Forecast page.

Spark’s Take on BORR Stock

According to Spark, TipRanks’ AI Analyst, BORR is a Neutral.

Borr Drilling’s overall stock score reflects strong earnings performance and valuation, balanced by financial challenges. The positive earnings call and attractive dividend yield are significant strengths, while high leverage and cash flow issues are key risks.

To see Spark’s full report on BORR stock, click here.

More about Borr Drilling

Borr Drilling Limited operates in the offshore drilling industry, providing services with a focus on the deployment of jack-up rigs. The company is known for its commitment to high standards of corporate governance and compliance, particularly in adhering to international laws and sanctions.

Average Trading Volume: 4,788,185

Technical Sentiment Signal: Hold

Current Market Cap: $801.3M

Find detailed analytics on BORR stock on TipRanks’ Stock Analysis page.

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