Skip to Main Content
American Flag
LABOR DAY SALE

50% off your first year of any Quiver subscription

...

Use Promo Code:

LABOR26
American Flag
×
Quiver Logo Get a Free Trial on Quiver Premium Today!
Back to News

Noble Reports $117 Million Q3 Loss as Backlog Reaches $6.7 Billion

None

Noble Corporation plc (NBLWF) reported third-quarter 2026 revenue of $728.8 million and a net loss of $117.0 million, or $0.73 per diluted share. Contract drilling services revenue totaled $683.7 million.

The company said it secured approximately $560 million in new contract value since its July fleet status report, bringing backlog to $6.7 billion as of October 26, 2026.

  • Third-quarter adjusted EBITDA was $200.9 million, while net cash provided by operating activities was $144.5 million.
  • Contract drilling services revenue increased from $679 million in the prior quarter to $684 million.
  • Noble declared a $0.50-per-share cash dividend for the fourth quarter, payable December 17 to shareholders of record on November 25.
  • Full-year 2026 revenue guidance was narrowed to $2.85 billion to $2.90 billion.
  • Full-year capital expenditures guidance was raised to $680 million to $705 million.

Add Quiver Quantitative to your preferred sources on Google Google News Logo

Suggested Articles