Noble Corporation plcNoble cut full-year revenue and adjusted EBITDA guidance, and missed EPS estimates.

Noble Corporation reported mixed second-quarter results and lowered its full-year 2026 revenue and adjusted EBITDA guidance. Non-GAAP earnings per share came in at one cent, missing estimates by seventeen cents, while revenue of nearly seven hundred twenty million dollars, down fifteen point two percent year-over-year, beat expectations by about twelve million dollars. The company added roughly two hundred million dollars in new contract value since its April fleet status report, including a six-well contract for the Noble Viking and a three-well contract for the Noble Claus Bachmann, with total backlog standing at six point eight billion dollars. A fifty-cent per share cash dividend was declared for the third quarter. For the full year, revenue guidance was narrowed to two point eight to two point nine billion dollars from a prior range of two point eight to three billion dollars, and adjusted EBITDA guidance was reduced to eight hundred fifty to nine hundred twenty-five million dollars from nine hundred forty million to one point zero two billion dollars, while capital expenditure guidance was maintained at six hundred fifteen to six hundred sixty-five million dollars.
Noble Corporation plcNoble cut full-year revenue and adjusted EBITDA guidance, and missed EPS estimates.