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.
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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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