Noble Corporation posts wider Q3 loss and narrows its 2026 revenue outlook
Noble Corporation reported Q3 2026 revenue of $684M and a net loss of $117M, while narrowing its full-year revenue guidance to $2.85–$2.90B.
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what happened
Noble Corporation plc, which operates an offshore drilling fleet, released its third-quarter 2026 results, according to TradingView. Revenue reached $684M, compared with $679M in the previous quarter. Adjusted EBITDA fell 5% sequentially to $201M, while the net loss widened to $117M from $37M in the prior period.
The company narrowed its 2026 revenue guidance to $2.85–$2.90B and set Adjusted EBITDA guidance at $850–$900M. Capital expenditure was raised to $680–$705M. The board declared a dividend of $0.50 per share.
why it matters
For offshore drilling and oilfield services investors, the cash flow outlook matters as much as quarterly profit. A higher capex plan alongside unchanged EBITDA guidance means free cash flow will depend on fleet utilization and contract dayrates.
market impact
Offshore drilling and oil services: narrower guidance and higher capex shift expectations for cash flow
tags
instruments
sources
- Noble Corporation plc (NE) Posts Q3 Loss; Guides 2026 EBITDA $850–$900M — TradingView, 26 October 2026 at 20:45 UTC
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