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Borr Drilling ( (BORR) ) has shared an announcement.
On January 16, 2025, Borr Drilling Limited announced a temporary suspension of operations for its rigs ‘Galar, Gersemi, and Grid’ in Mexico, effective until March 31, 2025. This suspension impacts the company’s operations in the region, although discussions with customers indicate the potential for resuming activities earlier, reflecting ongoing discussions and negotiations regarding operational timelines.
More about Borr Drilling
Borr Drilling Limited is a company in the drilling industry, providing offshore drilling services with a focus on delivering high-quality operations. It operates a fleet of rigs and is listed on the New York Stock Exchange under the ticker ‘BORR’.
YTD Price Performance: -5.68%
Average Trading Volume: 4,249,015
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1B
For a thorough assessment of BORR stock, go to TipRanks’ Stock Analysis page.
