Noble Corp plc (NE) Form 8-K — Oct 26, 2026
Noble Corporation reported Q3 2026 revenue of $729 million and a net loss of $117 million (diluted EPS of $(0.73); adjusted EPS of $(0.57)), with Adjusted EBITDA of $201 million down 5% sequentially and free cash flow of $(48) million. Positively, the company secured approximately $560 million in new contract awards from TotalEnergies, Tullow, DNO, ConocoPhillips, Apache, Occidental, and ORLEN, lifting backlog to $6.7 billion, and maintained its $0.50 per share Q4 dividend.
Key figures
- Revenue
- 729
- Guidance
- FY2026 Revenue narrowed to $2,850-$2,900M (from $2,800-$2,900M); Adjusted EBITDA narrowed to $850-$900M (from $850-$925M); CapEx increased to $680-$705M (from $615-$665M), primarily customer reimbursable.
- Total Debt
- 1900
- Revenue Yoy
- -8.7%
- Cash Position
- 337
- Backlog
- $6.7 billion
- Capex q3
- $192 million
- Net debt
- $1,551 million
- Liquidity
- $980 million
- Q4 dividend
- $0.50 per share
- Net leverage
- 1.9x
- Free cash flow
- $(48) million
- Jackup dayrate
- $207,651 average
- Floater dayrate
- $403,113 average
- Adjusted ebitda q3
- $201 million
- Jackup utilization
- 79%
- New contract value
- ~$560 million since July fleet status report
- Floater utilization
- 66% contracted (63% average utilization)
- Operating cash flow
- $144 million
- Adjusted diluted eps
- $(0.57)
- Rig utilization total
- 70% of 28 marketed rigs
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