Off goes BORR. The stock surged today. The primary reasons:

Shares of Borr Drilling Ltd (BORR) are trading 11% higher at a price of $4.05 at the time of this writing. The stock's price action is flying past it's peers on what is quickly becoming a optimistic day for the Energy sector.

The stock seems to be moving thanks to strong thematic buying in the energy space.

Borr Drilling Ltd has been trading between a 52-week high of $6.96 and a 52-week low of $1.26. The stock has a market cap of $619 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.