Archer Limited (ARHVF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone. Thank you for joining us, and welcome to the Archer second quarter twenty twenty six earnings release call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star one to raise your hand. I will now hand the conference over to Doug Skindlow, CEO. Doug, please go ahead. Thank you, Trevor. Good morning and thank you for joining Archer's second quarter twenty twenty six results presentation. I am Doug Skindlow, CEO of Archer, and I am joined today by our CFO, Espin Jwangen. We will start with the key highlights from Q2 and the main developments since the first quarter, then provide an update on backlog, P and A and our growth areas, before Espen take you through the business areas and overall financials. Let's move to Slide two. As a reminder, today's discussion includes forward looking statements and certain non GAAP and IFRS measurements. These statements involve risks and uncertainties, and actual results may differ materially. Please refer to the presentation and our public disclosures for additional information. Let's move to Slide three. Before we get into the quarter, just a quick reminder on who we are. Archer is a global energy service company with more than fifty years of operational experience. In 2025, we generated approximately $1,200,000,000 of revenue and delivered $167,000,000 of EBITDA. Our operations span four business areas: Platform Operations, Well Services, Land Drilling and Renewable Services, currently employing about 3,005 people across 40 locations. In today's presentation, we will focus on advances in P and A, which relate which is related to services provided by Welles services and platform operation. With that brief introduction, let's turn to Slide s...