BORR up 10%. A top energy sector gainer.

Shares of Borr Drilling Ltd (BORR) are trading 10% higher at a price of $3.755 at the time of this writing. The energy sector is up about 3.8% today across the board, but BORR is outperforming.

Shares of several energy companies are trading higher amid a gain in oil and natural gas prices, as well as a surge in clean energy prices, with the Fight Inflation act moving to Congress. 

The energy sector has been volatile but potentially rewarding in 2022 as investors balance recession worries with whipsawing energy prices.

Borr Drilling Ltd has been trading between a 52-week high of $6.96 and a 52-week low of $1.12. The stock has a market cap of $574 Million.

Borr Drilling Limited is an international drilling contractor incorporated in Bermuda in 2016. The company owns and operates jack-up rigs of modern and high-specification designs providing drilling services to the oil and gas exploration and production industry worldwide in water depths up to approximately 400 feet.