Noble Corp reports Q2 loss, cuts 2026 guidance on Brazil rig suspensions

Filed July 27, 2026 · Period ending July 27, 2026 · ~1 min read

Key Changes

• high

  Q2 net loss of $37M ($0.23/share) vs. $121M profit in Q1; adjusted EBITDA fell to $212M from $277M sequentially on lower revenue and operational challenges.

  Exhibit 99.1 view on EDGAR →
• high

  Brazil operational suspensions of Noble Faye Kozack and Noble Courage rigs reduced Q2 revenue by ~$43M; outcome of administrative discussions remains uncertain.

  Exhibit 99.1 view on EDGAR →
• high

  Full-year 2026 revenue guidance cut to $2,800-$2,900M (from $2,800-$3,000M); adjusted EBITDA guidance lowered to $850-$925M (from $940-$1,020M).

  Exhibit 99.1 view on EDGAR →