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Noble Corporation reports Q1 net income of $121M, declares $0.50 dividend, and maintains 2026 revenue guidance.

Company Fundamentals
26 Apr 2026
PRNewsWire
View Source
Bullish
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Noble Corporation announced a Q1 2026 net income of $121 million and declared a $0.50 per share cash dividend for Q2, continuing its shareholder return program. The company secured $565 million in new contracts, including extensions and new well contracts, boosting its backlog to $7.5 billion. Revenue for Q1 was $786 million, with improved rig utilization driving contract drilling services revenue to $743 million. Noble maintains its full-year 2026 revenue and adjusted EBITDA guidance while increasing capital expenditure forecasts due to rig reactivation, signaling confidence in operational momentum and market demand.

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