Noble Q4 2025: revenue $764M, net income $87M; backlog hits $7.5B; Q1 dividend $0.50/share

Noble Corp plc

2025-FY EPS reported $1.35 revenue$3,285,568,000

Q4 contract drilling services revenue $705M, down from $757M prior quarter; net income $87M vs -$21M prior quarter.
Adjusted EBITDA $232M (Q4 2024: $319M); adjusted diluted EPS $0.09 (prior year $0.56).
Backlog increased to $7.5B with $1.3B in new awards since October, including $473M Noble GreatWhite (Aker BP) and $292M Noble Gerry de Souza (ExxonMobil).
Full year 2026 guidance: total revenue $2.8-$3.0B, Adjusted EBITDA $940-$1,020M, CapEx $590-$640M.
Board declared $0.50/share Q1 dividend (payable March 19; record March 4); completed $360M divestiture of five jackups.

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