NE highlights $7.3B market cap, $6.8B backlog, $1.5B shareholder returns
NE reports a $7.3B market cap and $6.8B backlog, plus $1.0B LTM adjusted EBITDA. Seven new rigs add incremental revenue, and 64% of fleet capacity is open to reprice in 2028.
0B. Seven new rigs are contributing incremental revenue, and 64% of fleet capacity is open to reprice in 2028. 5B has been returned to shareholders since 2022, supported by strong free cash flow and a robust balance sheet.