Borr Drilling Ltd
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Energy : Energy Equipment & Services | Small Cap Value
Based in Bermuda
Company profile

Borr Drilling Limited is an offshore shallow-water drilling contractor. The Company’s primary business is the ownership, contracting and operation of jack-up rigs for operations in shallow-water areas, providing drilling services to the oil and gas exploration and production industry. Its jack-up rigs are capable of drilling to a maximum well depth of approximately 35,000 feet while operating in water depths ranging from 30 to 400 feet. It operates in oil-producing geographies throughout the world, including the North Sea, Mexico, West Africa, Southeast Asia and the Middle East. It owns approximately 23 jack-up rigs, which include Skald, Groa, Idun, Thor, Norve, Gerd, Natt, Ran, Odin, Gersemi, Grid, Galar, Njord, Prospector 1, Saga, Prospector 5, Mist, Gunnlod, Frigg, Gyme, Hermod, Heimdal and Hild. The Company contract its jack-up rigs primarily on a day rate basis to drill wells for its customers, including state-owned national oil companies and independent oil and gas companies.

Premarket

Last Trade
Delayed
$3.80
-0.02 (-0.52%)
Bid
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Ask
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B/A Size
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Market Hours

Closing Price
$3.82
Day's Change
0.00 (0.00%)
Bid
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Ask
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B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
11,462

10-day average volume:
1,616,965
11,462

NOV Inc. Stock Outperforms Market On Strong Trading Day

5:11 pm ET June 1, 2022 (MarketWatch)
Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of NOV Inc. (NOV) rose 1.40% to $20.28 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.75% to 4,101.23 and Dow Jones Industrial Average falling 0.54% to 32,813.23. NOV Inc. closed $3.78 short of its 52-week high ($24.06), which the company reached on March 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Schlumberger Ltd. (SLB) rose 1.57% to $46.68, Baker Hughes Co. (BKR) rose 3.97% to $37.41, and Dril-Quip Inc. (DRQ) rose 1.30% to $31.85. Trading volume (3.5 M) remained 107,057 below its 50-day average volume of 3.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2022.

	

(END) Dow Jones Newswires

June 01, 2022 17:11 ET (21:11 GMT)

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