Dolphin Drilling Q2 2026 EBITDA rises 27.27% to USD 7 million; revenue slips 5.27% to USD 44.9 million

Reuters2026/08/19 05:36

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Dolphin Drilling posted Q2 revenue of USD 44.9 million, down 5.27% year on year; EBITDA rose 27.27% to USD 7 million.
1H revenue fell 3.66% to USD 89.6 million; EBITDA climbed about 47% to USD 15.3 million.
Q2 operating expenses narrowed to USD 32.7 million from USD 36.2 million year on year; underlying G&A totaled USD 4.3 million.
Firm revenue backlog was USD 557 million at June 30, with USD 446 million of options; cash increased to USD 55.1 million.
Multi-year awards extended Paul B. Loyd Jr. coverage to 2030 and Borgland Dolphin to 2031; CEO Michael Boyd cited a “structural change” after refinancing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dolphin Drilling AS published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Dolphin Drilling Q2 2026 EBITDA rises 27.27% to USD 7 million; revenue slips 5.27% to USD 44.9 million

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