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.

Price
Delayed
$3.82
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
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Volume
(Light)

Today's volume of 11,961 shares is on pace to be much lighter than BORR's 10-day average volume of 1,616,965 shares.

11,961

NOV Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains

5:10 pm ET June 21, 2022 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of NOV Inc. NOV rose 3.89% to $17.11 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 2.45% to 3,764.79 and the Dow Jones Industrial Average DJIA rising 2.15% to 30,530.25. The stock's rise snapped an eight-day losing streak. NOV Inc. closed $6.95 short of its 52-week high ($24.06), which the company achieved on March 8th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Schlumberger Ltd. SLB rose 5.95% to $38.82, Baker Hughes Co. BKR rose 1.70% to $30.48, and Dril-Quip Inc. DRQ rose 2.71% to $24.64. Trading volume (2.9 M) remained 806,141 below its 50-day average volume of 3.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 21, 2022.

	

(END) Dow Jones Newswires

June 21, 2022 17:10 ET (21:10 GMT)

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