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Archer (ARCH) investor relations material
Archer Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved $1.209 billion in 2025 revenue (up 8% YoY) and EBITDA of $166.5 million (up 12%), with Q4 revenue at $309 million and EBITDA at $44.5 million (up 14%).
Operations include well services, platform operation, land drilling, and renewable services, with a $4 billion backlog at year-end.
Divested low-margin workover business in southern Argentina to focus on higher-growth Vaca Muerta shale region and higher-margin operations.
Formalized renewable services as a separate segment, generating over $100 million in 2025.
Initiated quarterly dividends with a yield of 10-11% and completed $425 million senior secured bond refinancing, extending maturity to 2030.
Financial highlights
Q4 2025 revenue was $309 million (up 3% YoY), EBITDA $44.5 million (up 14%).
Full-year 2025 revenue $1.209 billion (up 8%), EBITDA $166.5 million (up 12%).
Quarterly shareholder distributions initiated in Q2 2025, with a yield of 10-11%.
$425 million senior secured bond issued, extending debt maturity to 2030 and reducing cost of debt.
Year-end net interest-bearing debt: $426 million.
Outlook and guidance
2026 EBITDA expected to grow single digits, with margin expansion of 2-3 percentage points.
H2 2026 EBITDA projected to be 20%-30% higher than H1, driven by new P&A units and YPF rigs.
CapEx estimated at 6%-10% of revenue, with maintenance CapEx stable at 3%.
Shareholder distributions expected to increase in H2 2026.
Backlog of $3.6 billion post-divestment, with $2.3 billion firm and $1.3 billion in options.
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Net income reached TRY 29.5 billion, with strong dividends and a robust net cash position.
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