Borr Drilling BORR made its public debut Wednesday morning, opening at $9.50 after being priced at $9.30 per share.
The company has listed shares on the NYSE under the ticker symbol BORR.
Borr is an international offshore shallow-water drilling contractor providing offshore drilling services to the oil and gas industry. It primarily owns, contracts and operates jack-up rigs for operations in shallow-water areas of depth up to about 400 feet.
Goldman Sachs and DNB Markets are the lead underwriters for the offering.
Related Links:
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
