Noble plc(US:NE)2025-10-28 13:00Financial Performance - Q3 2025 Adjusted EBITDA was $254 million[6,9], with a 32% margin[9,26] - Free cash flow for Q3 2025 reached $139 million[6,9] - Through the first nine months of 2025, free cash flow totaled $419 million, representing a 48% conversion from Adjusted EBITDA[6] - $340 million was returned to shareholders in 2025, including an announced Q4 dividend of $0.50 per share[6] - Net debt stood at $1.499 billion[9] - Liquidity was reported at $1.01 billion[9] Contract Backlog and New Contracts - The current contract backlog is $7.0 billion[9,11] - Approximately $740 million in new contracts were secured[6,7] - 63% of floater days are committed for 2025[12] - 57% of jackup days are committed for 2026[12] Fleet Management - Fleet rationalization is underway, with Highlander and Reacher recently completed and Globetrotter II planned[6] Guidance - The company narrowed its 2025 revenue guidance to $3.225 billion - $3.275 billion[6,28] - Adjusted EBITDA guidance is $1.1 billion - $1.125 billion[28] - Capital additions, net of reimbursements, are guided at $425 million - $450 million[28]