🔴 Borr Drilling is trading 10.11% down after Prospector 5 rig sank off Gabon

Borr Drilling is trading at $3.96 (-10.11%) after its Prospector 5 jackup rig sank off Gabon on October 24.

• Reuters reported one worker dead and four missing.
• In its October 26 update, the company said 110 of 115 people were safe and five remained unaccounted for.
• Reuters said the loss threatens to delay oil production BW Energy had targeted for early 2027.