Noble Corporation reported strong financial performance and successful integration efforts but faced challenges with near-term market softness and reduced revenue guidance. Despite these challenges, the company has a positive outlook for future demand in key regions.
Company Guidance
During Noble Corporation's second quarter 2025 earnings call, the company provided updated guidance for the fiscal year, highlighting several financial metrics and strategic initiatives. The company reported strong financial results with an adjusted EBITDA of $282 million and free cash flow of $107 million for Q2. Despite lowering its total revenue guidance for 2025 to a range of $3.2 billion to $3.3 billion, the company narrowed its adjusted EBITDA guidance to the upper end of its previous range, now set at $1.075 billion to $1.15 billion, driven by effective cost management. The company also emphasized its ongoing commitment to returning capital to shareholders, having returned $80 million through a $0.50 per share quarterly dividend, with a cumulative capital return exceeding $1.1 billion since Q4 2022. Noble achieved its $100 million synergy target from the Diamond acquisition ahead of schedule, focusing now on optimization. The company secured new contracts worth a total contract value of $2.8 billion year-to-date, contributing to a total backlog of $6.9 billion as of August 5. Looking ahead, Noble Corporation anticipates a sequential decline in adjusted EBITDA in Q3 due to contract rollovers and planned downtime but remains constructive on the long-term market, expecting a significant rebound starting in the second half of 2026.
Strong Financial Performance
Noble Corporation reported strong financial results with adjusted EBITDA of $282 million and free cash flow of $107 million for Q2 2025.
Shareholder Returns
Returned $80 million to shareholders through a $0.50 per share quarterly dividend, with a total capital return of over $1.1 billion since Q4 2022.
Successful Integration
Achieved $100 million synergy target from the Diamond acquisition ahead of schedule.
New Contracts and Backlog
Secured six new contracts and increased total backlog to $6.9 billion, with $2.8 billion in new contract value year-to-date.
Positive Market Outlook
Continued strength in South America, with potential for a rebound in West Africa and promising deepwater demand projected for late 2026 and 2027.
Noble Corporation (NE) Earnings, Revenues Date & History
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The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NE Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 05, 2025
$26.91
$27.47
+2.08%
Apr 28, 2025
$20.61
$22.05
+6.99%
Nov 05, 2024
$30.07
$33.46
+11.27%
Jul 31, 2024
$44.02
$41.59
-5.52%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Noble Corporation (NE) report earnings?
Noble Corporation (NE) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).
What is Noble Corporation (NE) earnings time?
Noble Corporation (NE) earnings time is at Oct 29, 2025, After Close (Confirmed).
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