Noble Reports Strong Q1 Earnings with Increased Backlog and Dividend Maintenance
Noble Corporation PLC (NYSE:NE) reported strong first-quarter 2026 results, including $277 million in adjusted EBITDA and $169 million in free cash flow. The company also announced new contract awards, increasing its backlog to $7.5 billion, and maintained its quarterly dividend at $0.50 per share. Management highlighted tightening conditions in the ultra-deepwater drilling market.
Tickers: $PBR
Topics: contract awards dividend drilling market earnings financial performance