Archer reports strong Q3 results, boosts shareholder distribution

Archer Limited announced strong third-quarter 2025 results, with revenue reaching $339.3 million, up 1% year-over-year, and adjusted EBITDA increasing by 11% year-over-year to $40.2 million. The company reiterated its 2025 financial guidance, projecting an EBITDA growth of 8-15% compared to 2024, supported by a $4 bn backlog including options.

A key highlight of the quarter was the acquisition of Premium Oilfield Services, a US-based well service provider, which strengthens Archer's position in the Gulf of America. This accretive acquisition, funded in part by a $20 million private placement, is expected to increase EBITDA by approximately 5% and cash contribution by 8-10%, with an estimated payback period of two years.

In line with its commitment to shareholder returns, Archer approved a cash distribution of NOK 0.62 per share for Q4, following a similar payout in Q3, representing an annualized yield of approximately 11%. This program underscores Archer’s disciplined capital allocation strategy, balancing a strong balance sheet, moderate capital expenditure, selective accretive M&A, and sustainable shareholder returns.