Reviewing Borr Drilling (BORR) and Its Competitors

Borr Drilling (NYSE:BORR) is one of 177 publicly-traded companies in the “Energy Equipment & Services” industry, but how does it compare to its rivals? We will compare Borr Drilling to related businesses based on the strength of its dividends, institutional ownership, earnings, analyst recommendations, risk, valuation and profitability.

Profitability

This table compares Borr Drilling and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Borr Drilling	-23.98%	-5.95%	-1.84%
Borr Drilling Competitors	-10.68%	7.41%	1.46%

Institutional and Insider Ownership

83.1% of Borr Drilling shares are held by institutional investors. Comparatively, 49.0% of shares of all “Energy Equipment & Services” companies are held by institutional investors. 7.9% of Borr Drilling shares are held by company insiders. Comparatively, 12.3% of shares of all “Energy Equipment & Services” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Earnings & Valuation

This table compares Borr Drilling and its rivals gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Borr Drilling	$1.02 billion	$45.00 million	-4.28
Borr Drilling Competitors	$3.26 billion	$29.73 million	17.62

Borr Drilling’s rivals have higher revenue, but lower earnings than Borr Drilling. Borr Drilling is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Volatility and Risk

Borr Drilling has a beta of 1.02, suggesting that its stock price is 2% more volatile than the S&P 500. Comparatively, Borr Drilling’s rivals have a beta of 0.83, suggesting that their average stock price is 17% less volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings for Borr Drilling and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Borr Drilling	2	1	0	2	2.40
Borr Drilling Competitors	1668	6821	8607	486	2.45

Borr Drilling presently has a consensus price target of $5.27, indicating a potential upside of 57.92%. As a group, “Energy Equipment & Services” companies have a potential upside of 36.41%. Given Borr Drilling’s higher possible upside, research analysts plainly believe Borr Drilling is more favorable than its rivals.

Summary

Borr Drilling rivals beat Borr Drilling on 8 of the 13 factors compared.

Borr Drilling Company Profile

Borr Drilling Limited operates as an offshore shallow-water drilling contractor to the oil and gas industry worldwide. The company owns, contracts, and operates jack-up drilling rigs for operations in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production. It serves oil and gas exploration and production companies, such as integrated oil companies, state-owned national oil companies, and independent oil and gas companies. The company was formerly known as Magni Drilling Limited and changed its name to Borr Drilling Limited in December 2016. Borr Drilling Limited was incorporated in 2016 and is based in Hamilton, Bermuda.