Borr Drilling Limited (NYSE:BORR) is one of the 8 High Growth Penny Stocks to Buy.
On June 10, 2026, Borr Drilling Limited (NYSE:BORR) disclosed in a regulatory filing that director Tor Troim bought 1.06M shares of common stock on June 9 in a total transaction size of $5.0M. Shares were up 4% in pre-market trading after the regulatory filing.
Last month, Borr Drilling Limited (NYSE:BORR) reported first-quarter revenue of $247 million, versus the $260.61 million consensus forecast. Borr Drilling Limited (NYSE:BORR) said that operational performance resulted in technical utilization of 99.4% and economic utilization of 97.0%. First-quarter adjusted EBITDA was $88.5 million, primarily impacted by the late contract start-up of the Odin and a credit loss provision of $8.4 million.
Pixabay/Public Domain
Borr Drilling Limited (NYSE:BORR) operates as an offshore shallow-water drilling contractor to the oil and gas industry across the Americas, Southeast Asia, West Africa, the Middle East, North Africa, and Europe.
On June 10, 2026, Borr Drilling Limited (NYSE:BORR) disclosed in a regulatory filing that director Tor Troim bought 1.06M shares of common stock on June 9 in a total transaction size of $5.0M. Shares were up 4% in pre-market trading after the regulatory filing.
Last month, Borr Drilling Limited (NYSE:BORR) reported first-quarter revenue of $247 million, versus the $260.61 million consensus forecast. Borr Drilling Limited (NYSE:BORR) said that operational performance resulted in technical utilization of 99.4% and economic utilization of 97.0%. First-quarter adjusted EBITDA was $88.5 million, primarily impacted by the late contract start-up of the Odin and a credit loss provision of $8.4 million.
Pixabay/Public Domain
Borr Drilling Limited (NYSE:BORR) operates as an offshore shallow-water drilling contractor to the oil and gas industry across the Americas, Southeast Asia, West Africa, the Middle East, North Africa, and Europe.
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