Borr Drilling Limited (NYSE: BORR) is the focus of IBN’s latest stock spotlight. The company’s shares have moved 1.18% on the day to $8.6.
Borr Drilling Limited operates as an offshore drilling contractor to the oil and gas industry worldwide. It owns, contracts, and operates jack-up 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. The company serves oil and gas exploration and production companies, such as integrated oil companies and state-owned national oil companies.
So far today, approximately 345.35k shares of Borr Drilling Limited have been exchanged, as compared to an average 30-day volume of 1.55M shares.
Borr Drilling Limited share prices have moved between a 52-week high of $9.01 and a 52-week low of $3.22. The stock has moved 10.25% over the past week.
To learn more about Borr Drilling Limited, visit the company’s website at https://www.borrdrilling.com.
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