Noble

Barclays cut the target price for Noble from $55 to $53 but kept the rating at "Overweight", saying the recent share decline appears overdone. Noble lowered its 2026 EBITDA guidance to $850–925 million (previously $940 million–$1.02 billion) after temporary shutdowns of two rigs in Brazil and shifts in the order backlog. Barclays reduced its own EBITDA estimates for 2026/2027 to $889 million and $1.07 billion, but expects rising dayrates for deepwater drillers and sees the floater fleet likely to be fully utilised by the end of next year. The stock fell by about 9% after the results. » Więcej na de.investing.com

Noble reported adjusted earnings per share of $0.01 for Q2 2026 (consensus ~ $0.19) and a net loss of $37 million. The shortfall was caused by temporary shutdowns of two drilling rigs in Brazil (costs around $43 million) and the expiration of a contract, which reduced revenue by about 15% to $720 million. The company lowered its 2026 revenue guidance to $2.80–2.90 billion, fleet utilization fell to 64% and free cash flow was negative; the quarterly dividend remained unchanged. Investors pushed the stock about 5% lower in pre-market trading. » Więcej na de.investing.com

Noble reported adjusted earnings per share of $0.01 for Q2, missing the consensus by a wide margin; at the same time it recorded a net loss of $37 million. Revenue was $720 million (slightly above expectations but down 15% year‑on‑year) and adjusted EBITDA was $212 million. The company lowered its full‑year revenue guidance to $2.80–2.90 billion, citing suspensions of drilling rigs in Brazil as the main reason. Shares fell about 6.5% in after‑hours trading. » Więcej na de.investing.com